Debt to Adjusted Tangible Net Worth Ratio. Borrower will maintain, at the end of each fiscal quarter, a ratio of (a) total liabilities minus Subordinated Debt to (b) Tangible Net Worth of not greater than 1.25 to 1.0.
Debt to Adjusted Tangible Net Worth Ratio. Permit the ratio of Debt to Adjusted Tangible Net Worth of the Company (and its Subsidiaries, on a consolidated basis) at any time to exceed 10 to 1.
Debt to Adjusted Tangible Net Worth Ratio. The ratio referenced in Section 13.11 of the Agreement is: (a) 17:1 for the period commencing June 1 through and including September 30, of each year, and (b) 15:1 for the period commencing October 1 through and including May 31 of each year.
Debt to Adjusted Tangible Net Worth Ratio. Permit the Ratio of Debt to Adjusted Tangible Net Worth of the Company (and its Subsidiaries, on a consolidated basis) to exceed 20:1 computed as of the end of each calendar month.
Debt to Adjusted Tangible Net Worth Ratio. Permit the ratio of Debt to Adjusted Tangible Net Worth of the Company (and their Subsidiaries, on a consolidated basis) to exceed 7:1 computed as of the end of each calendar month. For the purposes of this Section 7.5, Debt of the Company shall include only recourse liabilities as determined in accordance with GAAP.
Debt to Adjusted Tangible Net Worth Ratio. Seller shall not permit the ratio of Debt to Adjusted Tangible Net Worth of Seller (and, if applicable, its Subsidiaries, on a consolidated basis) to exceed the ratio specified in Annex 1 computed as of the end of each calendar month.
Debt to Adjusted Tangible Net Worth Ratio. Permit the ratio of Debt to Adjusted Tangible Net Worth of Washington and its Subsidiaries, on a consolidated basis, at any time to exceed 15 to 1.
Debt to Adjusted Tangible Net Worth Ratio. Permit the ratio of its Debt to its Adjusted Tangible Net Worth (for the Company and its Subsidiaries, determined on a consolidated basis) to exceed (i) 13.5 to 1.0 from the date hereof to December 31, 1997; or (ii) 12.0 to 1.0 at any time thereafter."
11. Section 7.7 of the Agreement is hereby amended by deleting the dollar amount "Two Million Five Hundred Thousand Dollars ($2,500,000)" and replacing it with the dollar amount "Four Million Dollars ($4,000,000)".
Debt to Adjusted Tangible Net Worth Ratio. After giving effect to the incurrence of the Loans by the Borrowers, the Debt to Adjusted Tangible Net Worth Ratio (as defined in the JPMorgan Facility) of Holdings and its Subsidiaries will not exceed 17:00 to 1:00.
Debt to Adjusted Tangible Net Worth Ratio. Borrower will maintain, at the end of each fiscal quarter, a ratio of (a) total liabilities (excluding any Subordinated Debt and all indebtedness of FCC Acceptance Corp. under the Receivables Agreement), to (b) Adjusted Tangible Net Worth of not greater than 3.0 to 1.0. FIRST AMENDED AND RESTATED LOAN AGREEMENT 15 Rev. June ‘97
