Common use of Liabilities to Tangible Net Worth Clause in Contracts

Liabilities to Tangible Net Worth. The ratio of Versar’s and its Consolidated Subsidiaries’ Total consolidated Liabilities to its Tangible Net Worth will not, as of the end of each fiscal quarter, exceed 2.25 to 1.00 through the quarter ending June 30, 2015, and 2.00 to 1.00 thereafter.

Liabilities to Tangible Net Worth. The ratio of Versar’s and its Consolidated Subsidiaries’ Total consolidated Liabilities to its Tangible Net Worth will not, as of the end of each fiscal quarter, exceed 2.25 2.50 to 1.00 through the quarter ending June 30, 2015, and 2.00 to 1.00 thereafter1.00.

Liabilities to Tangible Net Worth. The ratio of Versar’s 's and its Consolidated Subsidiaries’ ' Total consolidated Liabilities to its Tangible Net Worth will not, as of the end of each fiscal quarter, exceed 2.25 2.5 to 1.00 through the quarter ending June 30, 2015, and 2.00 to 1.00 thereafter1.0.

Liabilities to Tangible Net Worth. The ratio of Versar’s and its Consolidated Subsidiaries’ Total consolidated Liabilities to its Tangible Net Worth will not, as of the end of each fiscal quarter, exceed 2.25 2.0 to 1.00 through the quarter ending June 30, 2015, and 2.00 to 1.00 thereafter1.0.