Common use of Maintenance of Net Worth Clause in Contracts

Maintenance of Net Worth. The Borrower shall maintain at all times a Net Worth of not less than an amount equal to the sum of (i) $350,000,000 plus (ii) 50% of Consolidated Net Income (to the extent such amount is a positive number) for each Fiscal Quarter ending after June 30, 2002.

Maintenance of Net Worth. The Borrower shall maintain at all times a Net Worth of not less than an amount equal to the sum of (i) $350,000,000 305,000,000 plus (ii) 50% of Consolidated Net Income (to the extent such amount is a positive number) for each Fiscal Quarter ending after June 30, 2002.

Maintenance of Net Worth. The Borrower shall maintain at all times a Permit Consolidated Net Worth of not the Borrower at any time to be less than an amount equal to the sum of (i) $350,000,000 525,000,000 plus (ii) an amount equal to 50% of the sum of Consolidated Net Income (to if positive) of the extent such amount is a positive number) Borrower for each Fiscal Quarter ending after June 30, 2002fiscal quarter commencing with and including the first fiscal quarter of 2004.

Maintenance of Net Worth. The Borrower shall maintain at all times a Permit Consolidated Net Worth of not the Borrower at any time to be less than an amount equal to the sum of (i) $350,000,000 475,000,000 plus (ii) an amount equal to 50% of the sum of Consolidated Net Income (to if positive) of the extent such amount is a positive number) Borrower for each Fiscal Quarter fiscal quarter ending after June 30March 31, 20022003.