Debt to Equity. From and after the execution of this Support Agreement, Alco will, within 45 days after the last day of each quarter end period, make, or cause to be made such payment to IKON Capital as shall be necessary to enable IKON Capital to have a debt to equity ratio not to exceed 6 to 1 determined in accordance with generally accepted accounting principles.
Debt to Equity. The Borrower shall ensure that the ratio of Equity to the aggregate outstanding principal amount of the Loans at all times shall exceed 30 to 70.
Debt to Equity. Borrower will at no time permit or allow its Total Liabilities to be greater than fifty percent (50%) of its Total Stockholders’ Equity. Borrower’s compliance with this covenant shall be determined at the conclusion of each Calendar Quarter.
Debt to Equity. Borrower (on a non-consolidated, parent-company-only basis) shall maintain its ratio of (a) Indebtedness (on a non-consolidated, parent-company-only basis) minus the amount of any Junior Subordinated Debentures to (b) stockholder’s equity (on a non-consolidated, parent-company-only basis, as determined in accordance with GAAP) at no more than 35% at all times, measured quarterly and derived from the financial statements filed by Borrower with its primary federal regulator, which are consistent with the financial information and reports contemplated in Section 6 hereof.”
Debt to Equity. Debt to Equity $150,000 Common Shares Issued ............ 22,010 -- 48,527 163,466 Price Per Share ................. $ 0.83 -- $ 0.83 -- Warrant ......................... -- -- -- -- Strike Price .................... -- -- Conversion -- Expiration Date ................. -- -- Rate of -- Warrant ......................... -- -- 09/17/1999 55,417 Strike Price .................... -- -- Changed -- Expiration Date ................. -- -- From $2.66 -- Class C Warrants ................ -- -- to $.83. 9,091 Strike Price .................... -- -- (See Board -- Expiration Date ................. -- -- Minutes of -- Class D Warrants ....
Debt to Equity. The Issuer shall ensure that, at the end of each Quarterly Period set out in the first column of the table below, Opco Total Debt does not exceed Opco Total Equity by the number of times set out against such date in the second column of the table below. 31 March 2008 2.5 times 30 June 2008 and thereafter 2 times
Debt to Equity. The Borrower shall maintain a maximum debt to tangible equity ratio of 3 to 1, in accordance with generally accepted accounting principles (GAAP), subsequent to the closing of this loan and throughout the term of this loan.
Debt to Equity. Swap for the Company
(1) The Parties unanimously agree that the amount of the Principal subject to Debt-to-Equity Swap for the Company is RMB20,449,531 (the “Amount of Debt-to-Equity Swap”), and Beijing Zhongming Century Technology Co., Ltd. shall repay the above mentioned Amount of Debt-to-Equity Swap in two instalments, the first of which will be in the amount of RMB10,225,000 (the “First Installment of Repayment”), and the second of which will be in the amount of RMB10,224,531 (the “Second Installment of Repayment”).
(2) It is agreed by all the Parties that the Investor shall increase the capital of the Company subject to Article 2 of the Agreement and pay the capital increase amount subject to Article 3 of the Agreement.
Debt to Equity. ‘Titan shall not exceed, as of the first full quarter following the closing of the Loan, and each quarter thereafter, a Debt to Equity Ratio of 4:1. Debt to Equity Ratio shall be defined as total liabilities of Titan as to member equity.
Debt to Equity. After giving effect to the Term-Conversion or any advancement of a Term Loan pursuant to Section 2.12(b), the ratio of (x) the sum of (i) the Total LC Commitment, (ii) the Extended Term Loan Commitment, (iii) the Term Loans, (iv) the Stated Amount of any issued Letters of Credit and (v) any DSRA LC Loan to (y) the Borrower Equity, shall not exceed eighty five percent (85%) to fifteen percent (15%).
