Common use of Maintenance of Debt to Worth Clause in Contracts

Maintenance of Debt to Worth. Maintain during the Commitment Period a ratio of Consolidated Indebtedness to Consolidated Tangible Net Worth not in excess of (a) 2.25 to 1.0 at all times that Borrower maintains an Interest Coverage Ratio equal to or exceeding 2.50 to 1.00 and (b) 2.00 to 1.00 at all other times.

Maintenance of Debt to Worth. Maintain during the Commitment Period a ratio of Consolidated Indebtedness to Consolidated Tangible Net Worth not in excess of (a) 2.25 to 1.0 at all times that Borrower maintains an Interest Coverage Ratio equal to or exceeding 2.50 to 1.00 and (b) 2.00 to 1.00 at all other times1.00.