Debt to Equity Ratio. The Borrower will ensure that the Guarantor’s total debt net of cash will not exceed 75% of the total market value of its assets.
Appears in 2 contracts
Samples: Loan Agreement (Euroseas Ltd.), Loan Agreement (EuroDry Ltd.)
Debt to Equity Ratio. The Borrower Borrowers will ensure that the Guarantor’s total debt net of cash will not exceed 75% of the total market value of its assets.
Appears in 1 contract
Samples: Loan Agreement (EuroDry Ltd.)
Debt to Equity Ratio. The Borrower will ensure that the Guarantor’s 's total debt net of cash will not exceed 75% of the total market value of its assets.
Appears in 1 contract
Samples: Loan Agreement (EuroDry Ltd.)
