Common use of Required Amount Clause in Contracts

Required Amount. The sum of: (a) $120,000,000 $ 120,000,000 (b) 75% of its Consolidated Net Income (if positive) for each full Fiscal Year after the Closing Date $ — (c) 85% of the gross proceeds actually received in cash by the Servicer Consolidated Group from the proceeds of any issuance of Capital Stock by the Servicer Consolidated Group after the Closing Date $ —