Equity to Assets Ratio. Commencing on the Closing Date, Borrower shall maintain at all times, measured at each fiscal quarter end, an Equity to Assets Ratio greater than or equal to 0.40:1.0.
Equity to Assets Ratio. Commencing on the Amendment Date, Borrower shall maintain at all times, measured at each fiscal quarter end, an Equity to Assets Ratio greater than 0.35:1.0.
Equity to Assets Ratio. Commencing on the Third Amendment Date, Borrower shall maintain at all times, measured at each fiscal quarter end, an Equity to Assets Ratio greater than 0.35:1.0.
Equity to Assets Ratio. JDIEC will have the right to terminate RDOEC's dealer appointments if RDOEC's equity to assets ratio, based on RDOEC's fiscal year-end audit, is less than 25%. Such termination will require one year advance written notice, and at JDIEC's sole discretion may be executed on an overall basis or by individual area of responsibility. Should JDIEC give notice of termination under this section 4.a(4), RDOEC will have the right to cure its equity to assets ratio deficiency through the injection of fresh capital, in the amount deemed necessary by JDIEC to raise the year-end percentage to 25%, within 180 days following RDOEC's fiscal year end; however, JDIEC's approval will be required if RDOEC wishes to cure its equity to assets ratio deficiency by any other means, including without limitation reducing its asset levels or through earnings retained during the cure period.
Equity to Assets Ratio. Commencing on the Second Amendment Date, Borrower shall maintain at all times, measured at each fiscal quarter end, an Equity to Assets Ratio greater than 0.35:1.0.
Equity to Assets Ratio. Borrower shall maintain at all times, measured and reported on a consolidated basis as of each Quarterly Date, an Equity to Assets Ratio (as hereinafter defined in this Subsection 8(I)(2)) of no less than 0.40:1.
