Common use of Consolidated Debt to Consolidated Tangible Net Clause in Contracts

Consolidated Debt to Consolidated Tangible Net. Worth Ratio. Permit the ratio of (i) Consolidated Debt to (ii) Consolidated Tangible Net Worth, as such terms are defined herein and calculated pursuant to Exhibit O hereof, to be more than 3.75 to 1.00 as of the end of each month through and including December 31, 2002, or more than 3.00 to 1.00 as of the end of each month after December 31, 2002.

Appears in 1 contract

Samples: Loan Agreement (Natural Gas Services Group Inc)

AutoNDA by SimpleDocs

Consolidated Debt to Consolidated Tangible Net. Worth Ratio. Permit the ratio of (i) Consolidated Debt to (ii) Consolidated Tangible Net Worth, as such terms are defined herein and calculated pursuant to Exhibit O hereof, to be more than 3.75 2.00 to 1.00 as of the end of each month through and including December March 31, 20022001, or more less than 3.00 2.75 to 1.00 as of the end of each month after December March 31, 20022001.

Appears in 1 contract

Samples: Loan Agreement (Natural Gas Services Group Inc)

Consolidated Debt to Consolidated Tangible Net. Worth Ratio. Permit the ratio of (i) Consolidated Debt to (ii) Consolidated Tangible Net Worth, as such terms are defined herein and calculated pursuant to Exhibit O hereof, to be more than 3.75 1.60 to 1.00 as of November 30, 2003 and as of the end of each month thereafter through and including December 31, 20022004, or more than 3.00 1.50 to 1.00 as of January 31, 2005 and as of the end of each month after December January 31, 20022005.

Appears in 1 contract

Samples: Quarterly Report

Consolidated Debt to Consolidated Tangible Net. Worth Ratio. Permit the ratio of (i) Consolidated Debt to (ii) Consolidated Tangible Net Worth, as such terms are defined herein and calculated pursuant to Exhibit O hereof, to be more than 3.75 2.00 to 1.00 as of the end of each month through and including December 31, 2002, or more than 3.00 to 1.00 as of the end of each month after December 31, 2002month.

Appears in 1 contract

Samples: Loan Agreement (Natural Gas Services Group Inc)

AutoNDA by SimpleDocs

Consolidated Debt to Consolidated Tangible Net. Worth Ratio. Permit the ratio of (i) Consolidated Debt to (ii) Consolidated Tangible Net Worth, as such terms are defined herein and calculated pursuant to Exhibit O hereof, to be more than 3.75 1.00 to 1.00 as of the end of each month through April 30, 2003, and including December 31, 2002, or more than 3.00 to 1.00 as of the end of each month after December 31April 30, 20022003.

Appears in 1 contract

Samples: Loan Agreement (Natural Gas Services Group Inc)

Consolidated Debt to Consolidated Tangible Net. Worth Ratio. Permit the ratio of (i) Consolidated Debt to (ii) Consolidated Tangible Net Worth, as such terms are defined herein and calculated pursuant to Exhibit O hereof, to be more than 3.75 to 1.00 as of the end of each month through and including December 31, 2002, or more than 3.00 to 1.00 as of the end of each month after December 31, 2002month.

Appears in 1 contract

Samples: Loan Agreement (Natural Gas Services Group Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!