Common use of Minimum Consolidated Equity Clause in Contracts

Minimum Consolidated Equity. If the Guarantor shall not have reported a cumulative tax benefit as of the last day of any fiscal quarter specified below, the Guarantor shall, as of the last day of such fiscal quarter, maintain Consolidated Equity at an amount not less than the applicable "Minimum Consolidated Equity" specified below: Minimum Consolidated Fiscal Quarter Ending Equity --------------------- -------------------- March 31, 2003 $87,882,000 June 30, 2003 $90,461,000 September 30, 2003 $94,751,000 December 31, 2003 and each fiscal quarter thereafter $84,077,000

Appears in 1 contract

Sources: Master Amendment Agreement (Wabash National Corp /De)

Minimum Consolidated Equity. If the Guarantor shall not have reported a cumulative tax benefit as of the last day of any fiscal quarter specified below, the Guarantor shall, as of the last day of such fiscal quarter, maintain Consolidated Equity at an amount not less than the applicable "Minimum Consolidated Equity" specified below: Minimum Consolidated Fiscal Quarter Ending Minimum Consolidated Equity --------------------- -------------------- March 31, 2003 $87,882,000 June 30, 2003 $90,461,000 September 30, 2003 $94,751,000 December 31, 2003 and each fiscal $84,077,000 quarter thereafter $84,077,000thereafter

Appears in 1 contract

Sources: Master Amendment Agreement (Wabash National Corp /De)

Minimum Consolidated Equity. If the Guarantor Borrower shall not have reported a cumulative tax benefit as of the last day of any fiscal quarter specified below, the Guarantor Borrower shall, as of the last day of such fiscal quarter, maintain Consolidated Equity at an amount not less than the applicable "Minimum Consolidated Equity" specified below: Minimum Consolidated Fiscal Quarter Ending Equity --------------------- -------------------- March 31, 2003 $87,882,000 June 30, 2003 $90,461,000 September 30, 2003 $94,751,000 December 31, 2003 and each fiscal quarter thereafter $84,077,000

Appears in 1 contract

Sources: Credit Agreement (Wabash National Corp /De)