Combined Tangible Net Worth. The Combined Tangible Net Worth in respect of any Relevant Period shall not be less than US$75,000,000 plus an amount equal to 75 per cent. of the combined net income of the Group in respect of each complete financial year of the Company ending after the date of this Agreement.
Appears in 2 contracts
Sources: Secured Facilities Agreement (Solutia Inc), Secured Facilities Agreement (Solutia Inc)