Minimum Consolidated Tangible Net Worth. (a) Prior to consummation of the Merger, the Borrower will not at any time permit Consolidated Tangible Net Worth to be less than the sum of (i) $788,000,000.00 plus (ii) seventy-five percent (75%) of the sum of any additional Net Offering Proceeds after the date of this Agreement.
Minimum Consolidated Tangible Net Worth. Consolidated Tangible Net Worth will at no time be less than $1,888,000,000.
Minimum Consolidated Tangible Net Worth. Consolidated Tangible Net Worth shall be at least $500,000,000 plus an amount equal to 50% of Consolidated Net Income for each fiscal quarter of the Borrower and its Consolidated Subsidiaries ending after June 30, 1996 (but on or prior to the date of determination) for which Consolidated Net Income is positive (but with no deduction on account of negative Consolidated Net Income for any fiscal quarter of the Borrower and its Consolidated Subsidiaries).
Minimum Consolidated Tangible Net Worth. Consolidated Tangible Net Worth shall not be less than the sum of (i) 80.0% of the Consolidated Tangible Net Worth on the Closing Date plus (ii) 80.0% of the cumulative Net Proceeds of Capital Securities/Conversion of Debt received after the Closing Date, calculated quarterly at the end of each Fiscal Quarter.
Minimum Consolidated Tangible Net Worth. The Borrower will not at any time permit Consolidated Tangible Net Worth to be less than the sum of (a) $1,566,239,512.00, plus (b) seventy-five percent (75%) of the Net Offering Proceeds of each Equity Offering after December 31, 2011.
Minimum Consolidated Tangible Net Worth. Borrower shall maintain a Consolidated Tangible Net Worth of not less than $6,000,000.
Minimum Consolidated Tangible Net Worth. Consolidated Tangible Net Worth to be less than (i) $1,015,000,000, plus (ii) 70% of the cumulative Net Proceeds of Capital Stock/Conversion of Debt received at any time after December 31, 2005 (other than the period commencing on January 1, 2008 and ending on September 30, 2008), plus (iii) 30% of the cumulative Net Proceeds of Capital Stock/Conversion of Debt received at any time during the period commencing on January 1, 2008 and ending on September 30, 2008.
Minimum Consolidated Tangible Net Worth. The Consolidated --------------------------------------- Tangible Net Worth will at no time be less than the sum of (i) $575,000,000 plus (ii) 90% of all Net Offering Proceeds.
Minimum Consolidated Tangible Net Worth. Maintain at all times a Consolidated Tangible Net Worth of not less than the sum of (a) $228,728,000 plus (b) an amount equal to 80% of the net cash proceeds of all issuances or sales of Equity Interests of the Parent Guarantor or any of its Subsidiaries consummated after the Closing Date.
Minimum Consolidated Tangible Net Worth. The Borrower will not at any time on and after February 1, 1999 permit its Consolidated Tangible Net Worth to be less than an amount equal to the sum of (i) $78,000,000, plus (ii) 50% of the positive net income for each Fiscal Quarter ending after January 31, 1999 of the Borrower and its Subsidiaries determined on a consolidated basis in accordance with GAAP consistently applied, plus (iii) all increases to equity from the issuance by the Borrower after January 31, 1999 of further equity securities or other equity capital investments.
