Debt to Worth Ratio. To maintain on a consolidated basis a ratio of Total Liabilities (excluding the non-current portion of Subordinated Liabilities) to Tangible Net Worth not exceeding 1.75:1.0.
Appears in 2 contracts
Samples: Loan Agreement (Annie's, Inc.), Loan Agreement (Ambassadors International Inc)
Debt to Worth Ratio. To maintain at all times, on a consolidated basis basis, a ratio of Total Liabilities (excluding the non-current portion of Subordinated Liabilities) to Tangible Net Worth not exceeding 1.75:1.01.10 to 1.00.
Appears in 2 contracts
Samples: Loan and Security Agreement (Kewaunee Scientific Corp /De/), Loan and Security Agreement (Kewaunee Scientific Corp /De/)
Debt to Worth Ratio. To maintain on a consolidated basis a ratio of Total Liabilities (excluding the non-current portion of Subordinated Liabilities) to Tangible Net Worth not exceeding 1.75:1.01.5:1.0.
Appears in 1 contract
Samples: Loan Agreement (Air T Inc)
Debt to Worth Ratio. To maintain on a consolidated basis a ratio of Total Liabilities (excluding the non-current portion of Subordinated Liabilities) to Tangible Net Worth not exceeding 1.75:1.01.35:1.
Appears in 1 contract
Samples: Loan Agreement (Graham Corp)
Debt to Worth Ratio. To maintain on a consolidated basis a ratio of Total Liabilities (excluding the non-current portion of Subordinated Liabilities) to Tangible Net Worth not exceeding 1.75:1.01.50:1.00. To be measured annually and quarterly.
Appears in 1 contract
