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.
Appears in 2 contracts
Samples: Loan Agreement (Us Home Systems Inc), Loan Agreement (Us Home Systems Inc)
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 3.0 to 1.0.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement (Us Home Systems Inc)
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 1.5 to 1.0.
Appears in 2 contracts
Samples: Loan Agreement (Us Home Systems Inc), Loan Agreement (Us Home Systems Inc)
