Consolidated Total Liabilities and Contingent Liabilities to Consolidated Tangible Capital Funds. Maintain, as of the last day of each fiscal quarter, a ratio of (a) Consolidated Total Liabilities of the Borrower and its Consolidated Subsidiaries plus the Contingent Liabilities of Selas SAS which are guaranteed by the Borrower, to (b) Consolidated Tangible Capital Funds of the Borrower and its Consolidated Subsidiaries, of not more than 2.50 to 1.0.
Appears in 3 contracts
Samples: Second Waiver and Amendment Agreement, Second Waiver and Amendment Agreement, Second Waiver and Amendment Agreement (Selas Corp of America)
Consolidated Total Liabilities and Contingent Liabilities to Consolidated Tangible Capital Funds. (a) Maintain, as of the last day of each fiscal quarter, a ratio of (ai) Consolidated Total Liabilities of the Borrower and its Consolidated Subsidiaries plus the Contingent Liabilities of Selas SAS and CFR which are guaranteed by the Borrower, to (bii) Consolidated Tangible Capital Funds of the Borrower and its Consolidated Subsidiaries, of not more than 2.50 4.50 to 1.0.
Appears in 1 contract
Samples: Third Waiver and Amendment Agreement (Selas Corp of America)
