Common use of Shareholders’ Equity Clause in Contracts

Shareholders’ Equity. Borrower will not permit Shareholders' Equity as at the end of any fiscal quarter to be less than the sum of (i) $7,125,000,000, (ii) an amount equal to 50% of Borrower's consolidated net income (as determined in accordance with GAAP) earned in each fiscal quarter ending after December 31, 1998 (with no deduction for a net loss in any such fiscal quarter) and (iii) an amount equal to 50% of the aggregate increase in Shareholders' Equity after December 31, 1998 by reason of the issuance of capital stock of Borrower (including upon any conversion of debt securities of Borrower into such capital stock).

Shareholders’ Equity. Borrower will not permit Permit Shareholders' Equity as at of the end of any fiscal quarter of the Borrower to be less than the sum of (ia) $7,125,000,0001,003,850,000, and (iib) an amount equal to 50% of Borrower's consolidated net income (as determined in accordance with GAAP) earned in each fiscal quarter ending after December 31amount, 1998 (with no deduction for a net loss in any such fiscal quarter) and (iii) an amount not less than 0, equal to 50% of the cumulative Consolidated Net Income earned in all fiscal quarters after the fiscal quarter ended June 30, 2001 and (c) an amount equal to 100% of the aggregate increase increases in Shareholders' Equity after December 31, 1998 the Closing Date by reason of the issuance and sale of capital stock of the Borrower (including upon any conversion of debt securities of the Borrower into such capital stock).

Shareholders’ Equity. Borrower will not permit Permit Shareholders' ’ Equity as at of the end of any fiscal quarter of the Borrower to be less than the sum of (ia) $7,125,000,0001,003,850,000, and (iib) an amount equal to 50% of Borrower's consolidated net income (as determined in accordance with GAAP) earned in each fiscal quarter ending after December 31amount, 1998 (with no deduction for a net loss in any such fiscal quarter) and (iii) an amount not less than 0, equal to 50% of the cumulative Consolidated Net Income earned in all fiscal quarters after the fiscal quarter ended June 30, 2001 and (c) an amount equal to 100% of the aggregate increase increases in Shareholders' ’ Equity after December 31, 1998 the Closing Date by reason of the issuance and sale of capital stock of the Borrower (including upon any conversion of debt securities of the Borrower into such capital stock).