Indebtedness to Net Worth Ratio of CWM Sample Clauses

Indebtedness to Net Worth Ratio of CWM. Permit the ratio of -------------------------------------- (i) the sum of (A) the Adjusted Total Indebtedness of Indy Mac and (B) the consolidated Adjusted Total Indebtedness of CWM (as shown on the most recent consolidated financial statements of CWM delivered to the Administrative Agent pursuant to Paragraph 11(a)), to (ii) the sum of (A) the Book Net Worth of Indy Mac and (B) the consolidated Book Net Worth of CWM (as shown on the most recent consolidated financial statements of CWM delivered to the Administrative Agent pursuant to Paragraph 11(a)), provided, however that -------- ------- the sum referenced in the immediately preceding subparagraph (ii) shall be reduced by the amount of equity in earnings of Indy Mac as shown on the most recent consolidated financial statements of CWM), on any date to be more than XXXXXX*.
Sample 1
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Indebtedness to Net Worth Ratio of CWM. 8(h) Minimum Consolidated Book Net Worth of CWM. Permit the ------------------------------------------ consolidated Book Net Worth of CWM at any date (as shown on the most recent consolidated financial statements of CWM delivered to the Administrative Agent pursuant to Paragraph 7(a)) to be less than the greater of (i) $250,000,000 or (ii) eighty percent (80%) of the consolidated Book Net Worth of CWM as of the date hereof, less the amount of any qualified REIT dividends payable as of the date hereof.
Sample 1

Related to Indebtedness to Net Worth Ratio of CWM

  • Asset Coverage Ratio The Borrower will not permit the Asset Coverage Ratio to be less than 2.00 to 1 at any time.

  • Ratio of Total Debt to EBITDAX The Borrower will not, at any time, permit its ratio of Total Debt as of such time to EBITDAX for the four fiscal quarters ending on the last day of the fiscal quarter immediately preceding the date of determination for which financial statements are available to be greater than 3.5 to 1.0.

  • Debt to Worth Ratio To maintain at all times, on a consolidated basis, a ratio of Total Liabilities to Tangible Net Worth not exceeding 1.10 to 1.00.

  • Minimum Consolidated Fixed Charge Coverage Ratio Borrower shall not permit the Consolidated Fixed Charge Coverage Ratio, determined as at the end of each fiscal quarter, commencing with the fiscal quarter ending June 30, 2019, to be less than 1.00 to 1.00.

  • Total Liabilities to Tangible Net Worth Ratio Maintain a ratio of total liabilities to Tangible Net Worth of less than .80 to 1.0 as of the end of each fiscal quarter.

  • Cash Flow Coverage Ratio The ratio of (a) the Borrower's Cash Flow to (b) the sum of (i) the Borrower's consolidated Interest Expense plus (ii) the Borrower's scheduled payments of principal (including the principal component of Capital Leases) to be paid during the 12 months following any date of determination shall at all times exceed (1) 1.5 to 1.0. Compliance with the ratio will be tested as of the last day of each month, with Cash Flow and Interest Expense being calculated for the twelve months then ended.

  • Minimum Consolidated Net Worth Permit the Consolidated Net Worth of the Company at the end of any fiscal quarter to be less than US$11,250,000,000 (“Minimum Amount”).

  • Consolidated Leverage Ratio Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 2.50 to 1.0.

  • Minimum Unsecured Interest Coverage Ratio As of the last day of any fiscal quarter, the Unsecured Interest Coverage Ratio for the Parent, on a consolidated basis, for the fiscal quarter then ended, annualized, to be less than or equal to 1.75 to 1.00; and

  • Consolidated Fixed Charge Coverage Ratio Permit the Consolidated Fixed Charge Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 1.25 to 1.0.

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