DEBT TO NET WORTH RATIO. A debt to effective tangible net worth ratio of not more than 1.5 to 1.
DEBT TO NET WORTH RATIO as of any date of determination, the ratio of (a) Borrowers’ Debt, to (b) Borrowers’ Net Worth.
DEBT TO NET WORTH RATIO. The ratio ("Debt-to-Net Worth Ratio") of the Consolidated Indebtedness (excluding all guaranties except guaranties with respect to borrowed money) as of the end of each fiscal quarter of the Borrower beginning with the fiscal quarter ending December 31, 1995 to its Consolidated Tangible Net Worth as of the end of each fiscal quarter of the Borrower beginning with the fiscal quarter ending December 31, 1995 shall not exceed 1.5 to 1.
DEBT TO NET WORTH RATIO. A Debt to Effective Tangible Net Worth ratio of not more than 2.00 to 1.00.
DEBT TO NET WORTH RATIO. Borrowers shall maintain a Debt-to-Net Worth Ratio of not more than 9.1 to 1.0 and shall report thereon to Bank on an annual basis beginning with the year ended December 31, 2020. “Debt-to-Net Worth Ratio” shall be defined as the Borrowers’ combined total liabilities divided by Borrowers’ combined net worth as of the last day of each calendar year.
DEBT TO NET WORTH RATIO. Borrower shall maintain, EXCEPT DURING THE HIGH YIELD PERIOD, a ratio of Indebtedness to net worth (calculated in accordance with GAAP but excluding from the calculation of Indebtedness Subordinated Indebtedness) of not greater than 3.00 to 1.00 for the fiscal quarter ending September 30, 1997, and for each fiscal quarter thereafter. For purposes of this calculation, the Preferred Stock shall be included as equity, and shall not be included as debt, of Borrower.
DEBT TO NET WORTH RATIO. Borrower agrees to maintain a Debt to Net Worth Ratio of no greater than 3:1.
DEBT TO NET WORTH RATIO. The Borrower shall not permit (as of the end of each fiscal quarter indicated below) its Debt to Net Worth Ratio to be greater than the ratio set forth below with respect to such fiscal quarter end: Fiscal Quarter Ending Ratio --------------------- ----- July 6, 1996 2.20:l.0 November 2, 1996 5.20:1.0 January 25, 1997 5.20:1.0 April 19, 1997 4.70:1.0 July 12, 1997 4.20:1.0 October 31, 1997, through and including the fiscal quarter ending July 11, 1998 3.75:1.0 October 31, 1998, and each fiscal quarter thereafter 3.50:l.0
(ee) Section 8.17 of the Credit Agreement shall be amended to read as follows in its entirety:
DEBT TO NET WORTH RATIO. The Borrower will not, at any date, permit the aggregate outstanding amount of Net Indebtedness to exceed 150% of the sum of (i) Subordinated Indebtedness plus (ii) Net Worth, each as of such date.
DEBT TO NET WORTH RATIO. A Debt to Effective Tangible Net Worth ratio of not more than 1.00 to 1.00 on a combined basis with Four Point Entertainment, Inc.
