Leverage Covenants. The Company shall not permit, at any time, ------------------ the ratio of Home Building Debt to Consolidated Tangible Net Worth to exceed:
Leverage Covenants. Borrower shall not permit at any time any of the following:
Leverage Covenants. 52 8.3 Minimum Interest Coverage...........................................53 8.4 Payment of Taxes and Other Potential Liens..........................54 8.5
Leverage Covenants. The Company shall not permit, measured as of the end of each Quarter, the ratio (the "Leverage Ratio") of Consolidated Liabilities to Consolidated Tangible Net Worth to exceed 2.50 to 1, PROVIDED, HOWEVER, that the Company will not be in default under this SECTION 8.2 if the Leverage Ratio is more than 2.50 to 1.0 (but IN NO EVENT more than 2.75 to 1.0) for not more than one Quarter ("Leverage Ratio Cure Period"), so long as all the following conditions are satisfied:
Leverage Covenants. 57 8.3 Minimum Interest Coverage . . . . . . . . . . . . . . 57 8.4 Minimum Fixed Charge Coverage Ratio.. . . . . . . . . 57 8.5 Payment of Taxes and Other Potential Liens. . . . . . 57 8.6
Leverage Covenants. The Company shall not permit, at any time, the ratio (the "Leverage Ratio") of Consolidated Debt to Consolidated Tangible Net Worth to exceed 0.75 to 1.
Leverage Covenants. (a The Company shall not permit, at any time, the ratio of Home Building Debt to Home Building Tangible Net Worth to exceed 1.6 to 1.0; provided, however, that in the event Standard Pacific Savings is sold under -------- ------- circumstances other than those described in Section 8.1(a) above, then the ---------- -------------- covenant in this subparagraph (a) shall be eliminated and this subparagraph (a) shall cease to be of any further force or effect.
Leverage Covenants. The Consolidated Total Leverage Ratio shall not be greater than 7.00 to 1.00 and the Consolidated Senior Leverage Ratio shall not be greater than 5.25 to 1.00; provided, however, if the Additional 7% Senior Subordinated Notes have been issued on or prior to the Effective Date, the Consolidated Total Leverage Ratio shall not be greater than 7.00 to 1.00 and the Consolidated Senior Leverage Ratio shall not be greater than 4.75 to 1.00.
Leverage Covenants. 52 8.3 Payment of Taxes and Other Potential Liens........................................ 52 8.4
Leverage Covenants. (a) The Company shall not permit, at any time, the ratio of Home Building Debt to Home Building Net Worth to exceed 1.6 to 1.0.
