Minimum Net Worth definition
Minimum Net Worth means, for any Fiscal Quarter, the minimum Consolidated Net Worth required to be maintained by the Parent as of the end of such Fiscal Quarter pursuant to Section 6.12.
Minimum Net Worth shall have the meaning provided in Section 5.16.
Minimum Net Worth means $970,300,00011,233,600,000 plus 50% of equity contributions after March 31, 20192025, excluding unrealized gains and losses; provided that on each March 31, commencing March 31, 2020, if 80% of the consolidated net worth of the Borrower and its Subsidiaries, calculated in accordance with GAAP, is greater than the Minimum Net Worth, the Minimum Net Worth shall be increased to such greater amount..
Examples of Minimum Net Worth in a sentence
The Borrower will at all times keep and maintain Consolidated Net Worth at an amount not less than the Minimum Net Worth.
Borrower will maintain a Net Worth of not less than the Minimum Net Worth.
Borrower will at all times maintain a net worth of at least the amount set forth in Section 8(b) of Schedule A as the Minimum Net Worth Requirement.
Not permit its Net Worth at any time to be less than the Minimum Net Worth.
Borrower shall maintain a Fair Market Minimum Net Worth equal to or in excess of $600,000,000.
More Definitions of Minimum Net Worth
Minimum Net Worth means Seven Hundred Million Dollars ($700,000,000).
Minimum Net Worth means Fifteen Billion U.S. Dollars ($15,000,000,000).
Minimum Net Worth means at any time shareholders equity in an amount not less than 3% of the aggregate Capital at such time.
Minimum Net Worth has the meaning set forth in Section 2(j) below.
Minimum Net Worth has the meaning given in Section 6.14.
Minimum Net Worth means $35,000,000 as of April 30, 1998, PLUS quarterly increases equal to fifty percent (50%) of Borrower's net income, excluding any adjustments thereto for losses.
Minimum Net Worth means a Net Worth of not less than $500,000,000.