Common use of Minimum Tangible Net Worth Clause in Contracts

Minimum Tangible Net Worth. The Parent shall not permit Tangible Net Worth at any time to be less than (i) $1,600,000,000 plus (ii) 50% of the Net Proceeds of all Equity Issuances effected at any time after November ___, 2007 by the Parent or any of its Subsidiaries to any Person other than the Parent or any of its Subsidiaries.”;

Minimum Tangible Net Worth. The Parent shall not permit Tangible Net Worth of the Parent and its Subsidiaries at any time to be less than (i) $1,600,000,000 1,279,179,000, plus (ii) 50% seventy percent (70%) of the Net Proceeds of all Equity Issuances effected at any time after November ___June 30, 2007 2012 by the Parent or any of its Subsidiaries to any Person other than the Parent or any of its the Parent's Wholly Owned Subsidiaries.”;

Minimum Tangible Net Worth. The Parent shall not permit Tangible Net Worth at any time to be less than (i) $1,600,000,000 1,072,596,700, plus (ii) fifty percent (50% %) of the Net Proceeds of all Equity Issuances effected at any time after November ___December 31, 2007 2008 by the Parent or any of its Subsidiaries to any Person other than the Parent or any of its Subsidiaries.”;

Minimum Tangible Net Worth. The Parent shall not permit Tangible Net Worth at any time to be less than (i) $1,600,000,000 1,370,000,000 plus (ii) 50% of the Net Proceeds of all Equity Issuances effected at any time after November ___, 2007 the Agreement Date by the Parent or any of its Subsidiaries to any Person other than the Parent or any of its Subsidiaries.”;” and by inserting the following in lieu thereof:

Minimum Tangible Net Worth. The Parent Guarantor and the Borrower shall not permit Tangible Net Worth at any time to be less than (i) $1,600,000,000 1,776,686,000 plus (ii) 5075.0% of the Net Proceeds of all Equity Issuances effected at any time after November ___September 30, 2007 2012 by the Parent Guarantor or any of its Subsidiaries to any Person other than the Parent Guarantor or any of its Subsidiaries.”;

Minimum Tangible Net Worth. The Parent and the Borrower shall not permit Tangible Net Worth at any time to be less than (i) $1,600,000,000 1,153,000,0001,053,000,000 plus (ii) 5075% of the Net Proceeds of all Equity Issuances effected at any time after November ___, 2007 the Second Amendment Effective Date by the Parent Parent, the Borrower or any of its the Subsidiaries of the Parent to any Person other than the Parent Parent, the Borrower or any of its Subsidiariesthe Subsidiaries of the Parent.”;

Minimum Tangible Net Worth. The Parent and the Borrower shall not permit Tangible Net Worth at any time to be less than (i) 203,170,000 $1,600,000,000 731,508,263 plus (ii) 5075% of the Net Proceeds of all Equity Issuances effected at any time after November ___, 2007 the Agreement by the Parent Parent, the Borrower or any of its the Subsidiaries of the Parent to any Person other than the Parent Parent, the Borrower or any of its Subsidiariesthe Subsidiaries of the Parent.”;

Minimum Tangible Net Worth. The Parent shall not permit Tangible Net Worth at any time to be less than (i) $1,600,000,000 500,000,000 plus (ii) 5085% of the Net Proceeds of all Equity Issuances effected at any time after November ___, 2007 the Agreement Date by the Parent Parent, the Borrower or any of its their Subsidiaries to any Person other than the Parent Parent, the Borrower or any of its their Subsidiaries.”;

Minimum Tangible Net Worth. The Parent shall not permit Tangible Net Worth at any time to be less than (i) $1,600,000,000 425,000,000 plus (ii) 5075% of the Net Proceeds of all Equity Issuances effected at any time after November ___, 2007 the Agreement Date by the Parent Parent, the Borrower or any of its their Subsidiaries to any Person other than the Parent Parent, the Borrower or any of its their Subsidiaries.”;

Minimum Tangible Net Worth. The Parent shall not permit Tangible Net Worth at any time to be less than (i) $1,600,000,000 158,000,000 plus (ii) 5075.0% of the Net Proceeds of all Equity Issuances effected at any time after November ___September 30, 2007 2013, by the Parent Borrower or any of its Subsidiaries to any Person other than the Parent or any of its Subsidiaries.”;

Minimum Tangible Net Worth. The Parent shall not permit Tangible Net Worth at any time to be less than (i) $1,600,000,000 plus (ii) 50% of the Net Proceeds of all Equity Issuances effected at any time after November ___, 2007 the Agreement Date by the Parent or any of its Subsidiaries to any Person other than the Parent or any of its Subsidiaries.”;

Minimum Tangible Net Worth. The Parent Borrower shall not permit Tangible Net Worth of the Parent and its Subsidiaries at any time to be less than (i) $1,600,000,000 542,100,000 plus (ii) 5080% of the Net Proceeds of all Equity Issuances effected at any time after November ___March 31, 2007 2014 by the Parent or any of its Subsidiaries to any Person other than the Parent Parent, the Borrower, or any of its the Parent’s Wholly Owned Subsidiaries.”;

Minimum Tangible Net Worth. The Parent shall not permit Tangible Net Worth at any time to be less than (i) $1,600,000,000 2,484,360,000 plus (ii) 5075% of the Net Proceeds of all Equity Issuances effected at any time after November ___June 30, 2007 2018 by the Parent Parent, the Borrower or any of its Subsidiaries other Subsidiary to any Person other than the Parent Parent, the Borrower or any of its Subsidiariesother Subsidiary.$2,000,000,000.”;

Minimum Tangible Net Worth. The Parent shall not permit Tangible Net Worth at any time to be less than (i) $1,600,000,000 1,370,000,000 plus (ii) 50% of the Net Proceeds of all Equity Issuances effected at any time after November ___, 2007 the Agreement Date by the Parent or any of its Subsidiaries to any Person other than the Parent or any of its Subsidiaries.”;

Minimum Tangible Net Worth. The Parent shall not permit Tangible Net Worth at any time to be less than (i) $1,600,000,000 425,000,000 plus (ii) 5075% of the Net Proceeds of all Equity Issuances effected at any time after November ___, 2007 the Agreement Date (as defined in the Existing Credit Agreement) by the Parent Parent, the Borrower or any of its their Subsidiaries to any Person other than the Parent Parent, the Borrower or any of its their Subsidiaries.”;

Minimum Tangible Net Worth. The Parent shall not permit Tangible Net Worth at any time to be less than (i) $1,600,000,000 1,000,000,000 plus (ii) 50% of the Net Proceeds of all Equity Issuances effected at any time after November ___February 28, 2007 2003 by the Parent or any of its Subsidiaries to any Person other than the Parent or any of its Subsidiaries.”;

Minimum Tangible Net Worth. The Parent shall not permit Tangible Net Worth at any time to be less than (i) $1,600,000,000 529,975,000, plus (ii) 5080% of the Net Proceeds of all Equity Issuances effected at any time after November ___June 30, 2007 2013 by the Parent or any of its Subsidiaries to any Person other than the Parent or any of its Subsidiaries.”;

Minimum Tangible Net Worth. The Parent shall not permit Tangible Net Worth at any time to be less than (i) $1,600,000,000 123,000,000 plus (ii) 5075.0% of the Net Proceeds of all Equity Issuances effected at any time after November ___September 30, 2007 2013, by the Parent Borrower or any of its Subsidiaries to any Person other than the Parent or any of its Subsidiaries.”;

Minimum Tangible Net Worth. The Parent Borrower shall not permit Tangible Net Worth of the Parent and its Subsidiaries at any time to be less than (i) $1,600,000,000 503,291,000 plus (ii) 5080% of the Net Proceeds of all Equity Issuances effected at any time after November ___March 31, 2007 2012 by the Parent or any of its Subsidiaries to any Person other than the Parent Parent, the Borrower, or any of its the Parent’s Wholly Owned Subsidiaries.”;

Minimum Tangible Net Worth. The Parent and the Borrower shall not permit Tangible Net Worth of the Parent and its Subsidiaries at any time to be less than (i) $1,600,000,000 163,500,000 plus (ii) 5075% of the Net Proceeds of all Equity Issuances effected at any time after November ___, 2007 the Agreement by the Parent Parent, the Borrower or any of its the Subsidiaries of the Parent to any Person other than the Parent Parent, the Borrower or any of its Subsidiariesthe Subsidiaries of the Parent.”;

Minimum Tangible Net Worth. The Parent and the Borrower shall not permit Tangible Net Worth at any time to be less than (i) $1,600,000,000 1,857,000,000 plus (ii) 5075% of the Net Tangible Proceeds of all Equity Issuances effected at any time after November ___, 2007 by the Parent and its Subsidiaries after September 7, 2012 (other than Equity Issuances to the Parent, the Borrower or any of its Subsidiaries to any Person other than the Parent or any of its SubsidiariesSubsidiary).”;

Minimum Tangible Net Worth. The Parent shall not permit Tangible Net Worth at any time to be less than (i) $1,600,000,000 plus (ii) 50% of the Net Proceeds of all Equity Issuances effected at any time after November ___30, 2007 by the Parent or any of its Subsidiaries to any Person other than the Parent or any of its Subsidiaries.”;

Minimum Tangible Net Worth. The Parent shall not permit Tangible Net Worth at any time to be less than (i) $1,600,000,000 1,545,248,000 plus (ii) 5085.0% of the Net Proceeds of all Equity Issuances effected at any time after November ___June 30, 2007 2012, by the Parent or any of its Subsidiaries to any Person other than the Parent or any of its Subsidiaries.”;

Minimum Tangible Net Worth. The Parent and the Borrower shall not permit Tangible Net Worth at any time to be less than (i) $1,600,000,000 1,153,000,000 plus (ii) 5075% of the Net Proceeds of all Equity Issuances effected at any time after November ___, 2007 the Effective Date by the Parent Parent, the Borrower or any of its the Subsidiaries of the Parent to any Person other than the Parent Parent, the Borrower or any of its Subsidiariesthe Subsidiaries of the Parent.”;

Minimum Tangible Net Worth. The Parent shall not permit Tangible Net Worth of the Parent and its Subsidiaries at any time to be less than (i) $1,600,000,000 1,279,179,000, plus (ii) 50% seventy percent (70%) of the Net Proceeds of all Equity Issuances effected at any time after November ___June 30, 2007 2012 by the Parent or any of its Subsidiaries to any Person other than the Parent or any of its the Parent’s Wholly Owned Subsidiaries.”;

Minimum Tangible Net Worth. The Parent shall not permit Tangible Net Worth at any time to be less than (i) $1,600,000,000 1,055,744,000 plus (ii) 50% of the Net Proceeds of all Equity Issuances effected at any time after November ___, 2007 the Agreement Date by the Parent or any of its Subsidiaries to any Person other than the Parent or any of its Subsidiaries.”;

Minimum Tangible Net Worth. The Parent shall not permit Tangible Net Worth at any time to be less than (i) $1,600,000,000 2,352,011,250 plus (ii) 5075% of the Net Proceeds of all Equity Issuances effected at any time after November ___December 31, 2007 2014 by the Parent Parent, the Borrower or any of its Subsidiaries other Subsidiary to any Person other than the Parent Parent, the Borrower or any of its Subsidiariesother Subsidiary.”;

Minimum Tangible Net Worth. The Parent shall not permit Tangible Net Worth at any time to be less than (i) $1,600,000,000 1,653,403,000 plus (ii) 5085.0% of the Net Proceeds of all Equity Issuances effected at any time after November ___June 30, 2007 2012, by the Parent or any of its Subsidiaries to any Person other than the Parent or any of its Subsidiaries.”;

Minimum Tangible Net Worth. The Parent shall not permit Tangible Net Worth at any time to be less than (i) $1,600,000,000 1,000,000,000 plus (ii) 50% of the Net Proceeds of all Equity Issuances effected at any time after November ___, 2007 the Agreement Date by the Parent or any of its Subsidiaries to any Person other than the Parent or any of its Subsidiaries.”;

Minimum Tangible Net Worth. The Parent shall not permit Tangible Net Worth at any time to be less than (i) $1,600,000,000 693,349,000 plus (ii) 5085% of the Net Proceeds of all Equity Issuances effected at any time after November ___, 2007 the Agreement Date by the Parent Parent, the Borrower or any of its their Subsidiaries to any Person other than the Parent Parent, the Borrower or any of its their Subsidiaries.”;

Minimum Tangible Net Worth. The Parent and the Borrower shall not permit Tangible Net Worth at any time to be less than (i) $1,600,000,000 731,508,263 plus (ii) 5075% of the Net Proceeds of all Equity Issuances effected at any time after November ___August 11, 2007 2022 by the Parent Parent, the Borrower or any of its the Subsidiaries of the Parent to any Person other than the Parent Parent, the Borrower, or any of its Subsidiariesthe Subsidiaries of the Parent.”;

Minimum Tangible Net Worth. The Parent and the Borrower shall not permit Tangible Net Worth at any time to be less than (i) $1,600,000,000 1,053,000,000 plus (ii) 5075% of the Net Proceeds of all Equity Issuances effected at any time after November ___, 2007 the Second Amendment Effective Date by the Parent Parent, the Borrower or any of its the Subsidiaries of the Parent to any Person other than the Parent Parent, the Borrower or any of its Subsidiariesthe Subsidiaries of the Parent.”;

Minimum Tangible Net Worth. The Parent shall not permit Tangible Net Worth at any time to be less than (i) $1,600,000,000 2,484,360,000 plus (ii) 5075% of the Net Proceeds of all Equity Issuances effected at any time after November ___June 30, 2007 2018 by the Parent Parent, the Borrower or any of its Subsidiaries other Subsidiary to any Person other than the Parent Parent, the Borrower or any of its Subsidiariesother Subsidiary.”;

Minimum Tangible Net Worth. The Parent and the Borrower shall not permit Tangible Net Worth at any time to be less than (i) $1,600,000,000 731,508,263 plus (ii) 5075% of the Net Proceeds of all Equity Issuances effected at any time after November ___August 11, 2007 2022 by the Parent Parent, the Borrower or any of its the Subsidiaries of the Parent to any Person other than the Parent Parent, the Borrower or any of its Subsidiariesthe Subsidiaries of the Parent.”;

Minimum Tangible Net Worth. The Parent and the Borrower shall not permit Tangible Net Worth at any time to be less than (i) $1,600,000,000 1,300,000,000 plus (ii) 5085% of the Net Tangible Proceeds of all Equity Issuances effected at any time after November ___, 2007 by the Parent and its Subsidiaries after March 26, 2010 (other than Equity Issuances to the Parent, the Borrower or any of its Subsidiaries to any Person other than the Parent or any of its SubsidiariesSubsidiary).”;

Minimum Tangible Net Worth. The Parent shall not permit Tangible Net Worth at any time to be less than (i) $1,600,000,000 169,385,000.00 plus (ii) 5080% of the Net Proceeds of all Equity Issuances effected at any time after November ___, 2007 the Agreement Date by the Parent or any of its Subsidiaries to any Person other than the Parent or any of its Subsidiaries.”;

Minimum Tangible Net Worth. The Parent and the Borrower shall not permit Tangible Net Worth at any time to be less than (i) $1,600,000,000 1,153,000,000 plus (ii) 5075% of the Net Proceeds of all Equity Issuances effected at any time after November ___, 2007 the Effective Date by the Parent Parent, the Borrower or any of its the Subsidiaries of the Parent to any Person other than the Parent Parent, the Borrower or any of its Subsidiariesthe Subsidiaries of the Parent.”;