Debt to Effective Tangible Net Worth Ratio Sample Clauses

Debt to Effective Tangible Net Worth Ratio. Borrower shall maintain, as of the last day of each month, a ratio of Debt to Effective Tangible Net Worth of not more than 1.60:1.00.
Sample 1
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Debt to Effective Tangible Net Worth Ratio. Have a ratio of Total Liabilities to Effective Tangible Net Worth of more than 1.00 to 1.00, measured quarterly commencing with the quarter ending June 30, 2005.
Sample 1
Debt to Effective Tangible Net Worth Ratio. The Borrower shall exhibit a Debt to Effective Tangible Net Worth Ratio ("ETNW") of less than 1.0x during the term of the Loan. The Debt/ETNW is defined as total liabilities less subordinated debt divided by ETNW. ETNW is defined as total assets less intangible assets less due from affiliates, officers/shareholders less total liabilities plus subordinated debt.
Sample 1

Related to Debt to Effective Tangible Net Worth Ratio

  • Debt to Tangible Net Worth Borrower will at all times maintain a ratio of total liabilities to tangible net worth of not greater than 1.0:1.0.

  • Debt to Worth Ratio To maintain at all times, on a consolidated basis, a ratio of Total Liabilities to Tangible Net Worth not exceeding 1.10 to 1.00.

  • Total Liabilities to Tangible Net Worth Ratio Maintain a ratio of total liabilities to Tangible Net Worth of less than .80 to 1.0 as of the end of each fiscal quarter.

  • Quick Ratio A ratio of Quick Assets to Current Liabilities of at least 2.00 to 1.00.

  • Ratio of Total Debt to EBITDAX The Borrower will not, at any time, permit its ratio of Total Debt as of such time to EBITDAX for the four fiscal quarters ending on the last day of the fiscal quarter immediately preceding the date of determination for which financial statements are available to be greater than 3.5 to 1.0.

  • Funded Debt to EBITDA Ratio A. Funded Debt

  • Total Debt to EBITDA Ratio The Total Debt to EBITDA Ratio will not exceed 4.0 to 1.0 at the end of any fiscal quarter.

  • Maximum Consolidated Leverage Ratio As of the last day of each Fiscal Quarter of the Borrower (commencing with the Fiscal Quarter ending March 31, 2018), the Borrower shall not permit the Consolidated Leverage Ratio to be greater than 0.60 to 1.00.

  • Minimum Consolidated Fixed Charge Coverage Ratio Borrower shall not permit the Consolidated Fixed Charge Coverage Ratio, determined as at the end of each fiscal quarter, commencing with the fiscal quarter ending June 30, 2019, to be less than 1.00 to 1.00.

  • Funded Debt to EBITDA Section 10.2 of the Loan Agreement is hereby amended and restated in its entirety to read as follows:

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