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This excerpt taken from the FL 8-K filed May 21, 2008. . Minimum Consolidated Tangible Net Worth. Consolidated Tangible Net Worth will at no time be less than the sum of (i) $1,604,000,000 plus (ii) 50% of the consolidated net income of the Company and its Consolidated Subsidiaries for each Fiscal Quarter ended on or prior to such time and after February 2, 2008 (if greater than zero).
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