Common use of Debt to Tangible Net Worth Clause in Contracts

Debt to Tangible Net Worth. From and after April 1, 1997, the ratio of Debt (including, without limitation, Debt represented by the Note) to Tangible Net Worth will not exceed 6.00:1 as at the end of any fiscal quarter.

Appears in 3 contracts

Samples: Credit Agreement (Willis Lease Finance Corp), Credit Agreement (Willis Lease Finance Corp), Mortgage and Security Agreement (Willis Lease Finance Corp)

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Debt to Tangible Net Worth. From and after April 1September 30, 19971996, the ratio of Debt (including, without limitation, Debt represented by the NoteRevolving Credit Notes and the Term Notes) to Tangible Net Worth will not exceed 6.00:1 4.00:1 as at the end of any fiscal quarter.

Appears in 1 contract

Samples: Credit Agreement (Jevic Transportation Inc)

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