Examples of Net Proceeds of Capital Stock in a sentence
For an open top vapor degreaser it is the distance from the solvent vapor level in the tank during idling to the lip of the tank.
The number of shareholders increased during a year by 304 persons.
The Borrower will at all times maintain Consolidated Net Worth of not less than the sum of (i) $73,500,000, (ii) 50% of Consolidated Net Income (without deduction for losses) for each preceding fiscal year (commencing with the fiscal year ending December 31, 1997), and (iii) the aggregate amount of all Net Proceeds of Capital Stock received or deemed received after the date of this Agreement.
Adjusted Consolidated Net Worth will at no time be less than $487,569,000, plus the sum of (x) 50% of the cumulative Net Proceeds of Capital Stock received during any period after April 27, 1998, plus (y) 50% of any equity resulting from a conversion of Indebtedness of the Borrower during any period after April 27, 1998, less (z) any amount of equity of the Borrower repurchased during any period after April 27, 1998, calculated quarterly at the end of each Fiscal Quarter.
Adjusted Consolidated Net Worth will at no time be less than $487,569,000, plus the sum of (x) 50% of the cumulative Net Proceeds of Capital Stock received during any period after April 27, 1998, plus (y) 50% of any equity resulting from a conversion of Indebtedness of Flowers during any period after April 27, 1998, less (z) any amount of equity of Flowers repurchased during any period after April 27, 1998, calculated quarterly at the end of each Fiscal Quarter.