Indebtedness to Adjusted Tangible Net Worth Ratio. The Guarantor, on a consolidated basis, shall maintain at all times a ratio of Indebtedness (excluding all Non-Recourse Debt) to Adjusted Tangible Net Worth of not greater than 15:1.
Appears in 2 contracts
Samples: Master Repurchase Agreement, Master Repurchase Agreement (New Century Financial Corp)
Indebtedness to Adjusted Tangible Net Worth Ratio. The Guarantor, on a consolidated basis, shall maintain at all times a ratio of Indebtedness (excluding all Non-Recourse Debt) to Adjusted Tangible Net Worth at the end of each calendar quarter of not greater than 15:116:1.
Appears in 1 contract
Samples: Master Repurchase Agreement (New Century Financial Corp)
Indebtedness to Adjusted Tangible Net Worth Ratio. The Guarantor, on a consolidated basis, shall maintain at all times a ratio of Indebtedness (excluding all Non-Recourse Debt) to Adjusted Tangible Net Worth of not greater than 15:112:1.
Appears in 1 contract
Samples: Master Repurchase Agreement (New Century Financial Corp)