Common use of Debt to Effective Tangible Net Worth Clause in Contracts

Debt to Effective Tangible Net Worth. Borrower shall maintain a ratio of Debt to Effective Tangible Net Worth of not more than 2.00 to 1.0, to be measured on a quarterly basis.

Appears in 2 contracts

Samples: Loan and Security Agreement (Truett-Hurst, Inc.), Loan and Security Agreement (Truett-Hurst, Inc.)

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Debt to Effective Tangible Net Worth. Borrower shall maintain a ratio of Debt to Effective Tangible Net Worth of not more than 2.00 to 1.0, to be measured on a quarterly basis.

Appears in 2 contracts

Samples: Loan and Security Agreement (Truett-Hurst, Inc.), Loan and Security Agreement (Truett-Hurst, Inc.)

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Debt to Effective Tangible Net Worth. Borrower shall maintain Maintain a ratio of Debt total liabilities to Effective Tangible Net Worth of not more less than 2.00 0.60 to 1.0, to be measured on a quarterly basis1.00.

Appears in 1 contract

Samples: Loan Agreement (Staar Surgical Company)

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