Financial Covenants and Ratios. Seller shall at all times comply with any financial covenants and/or financial ratios set forth in the Transactions Terms Letter.
Financial Covenants and Ratios. Comply with the following covenants and ratios: Except as provided above, all computations made to determine compliance with the requirements contained in this paragraph shall be made in accordance with generally accepted accounting principles, applied on a consistent basis, and certified by Borrower as being true and correct.
Financial Covenants and Ratios. Comply with the following covenants and ratios:
Financial Covenants and Ratios. Section 9.6 of the Credit Agreement is amended to read in full as follows:
Financial Covenants and Ratios. The Borrower shall maintain:
Financial Covenants and Ratios. Guarantor shall at all times comply with any financial covenants and/or financial ratios set forth in the Transactions Terms Letter.
Financial Covenants and Ratios. Section 7.6 of the Loan Agreement is hereby amended to read as follows:
Financial Covenants and Ratios. Comply with the following covenants and ratios: Other Requirements. Borrower understands and agrees that while this Agreement is in effect, Borrower will maintain a financial condition indicated by the following ratios at all times, unless otherwise noted:
Financial Covenants and Ratios. Borrower shall maintain at all times: (a) a Tangible Net Worth of not less than $300,000,000; (b) a Current Ratio Net of Hedged Inventory of not less than 1.25 to 1; (c) a Debt to Capitalization Ratio of not more than 70%; (d) an Asset Coverage Ratio of not more than 70%; and (e) an Interest Coverage Ratio of not less than 2.75 to 1; provided, however, for purposes of this Section 7.4 only, the calculation of the Debt to Capitalization Ratio shall exclude item (h) in the definition of Total Adjusted Funded Debt.
