Adjusted Debt to Tangible Net Worth Ratio. Borrower shall have and maintain at all times an Adjusted Debt to Tangible Net Worth Ratio on a consolidated basis, measured quarterly as of the last day of each fiscal quarter during each fiscal year, of not more than 5.5 to 1.
Appears in 2 contracts
Samples: Loan and Security Agreement (Fidelity Leasing Inc), Loan and Security Agreement (Resource America Inc)
Adjusted Debt to Tangible Net Worth Ratio. Borrower Borrowers shall have and maintain at all times an Adjusted Debt to Tangible Net Worth Ratio on a consolidated basis, measured quarterly as of the last day of each fiscal quarter during each fiscal year, of not more than 5.5 5.50 to 1.
Appears in 2 contracts
Samples: Loan and Security Agreement (Fidelity Leasing Inc), Loan and Security Agreement (Fidelity Leasing Inc)
Adjusted Debt to Tangible Net Worth Ratio. Borrower Borrowers shall have ----------------------------------------- and maintain at all times an Adjusted Debt to Tangible Net Worth Ratio on a consolidated basis, measured quarterly as of the last day of each fiscal quarter during each fiscal yearquarter, of not more than 5.5 6 to 1.
Appears in 1 contract
Samples: Loan and Security Agreement (Bankvest Capital Corp)
Adjusted Debt to Tangible Net Worth Ratio. Borrower shall have and maintain at all times an Adjusted Debt to Tangible Net Worth Ratio on a consolidated basis, measured quarterly as of the last day of each fiscal quarter during each fiscal year, of not more than 5.5 5.0 to 1.
Appears in 1 contract
Samples: Loan and Security Agreement (Granite Financial Inc)
