Common use of Maintenance of Ratio of Indebtedness to Tangible Net Worth Clause in Contracts

Maintenance of Ratio of Indebtedness to Tangible Net Worth. The Seller shall maintain the ratio of Indebtedness to Tangible Net Worth no greater than 15:1.

Appears in 2 contracts

Samples: Master Repurchase Agreement (WMC Finance Co), Master Repurchase Agreement (Homebanc Corp)

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Maintenance of Ratio of Indebtedness to Tangible Net Worth. The Seller shall maintain the ratio of Indebtedness to Tangible Net Worth no greater than 15:112:1.

Appears in 2 contracts

Samples: Master Repurchase Agreement, Master Repurchase Agreement (E Loan Inc)

Maintenance of Ratio of Indebtedness to Tangible Net Worth. The Seller shall maintain has maintained the ratio of Indebtedness to Tangible Net Worth no greater than 15:1.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Homebanc Corp), Master Repurchase Agreement (WMC Finance Co)

Maintenance of Ratio of Indebtedness to Tangible Net Worth. The Seller shall maintain the ratio of Indebtedness to Tangible Net Worth at a level no greater than 15:120:1.

Appears in 1 contract

Samples: Master Repurchase Agreement (First NLC Financial Services Inc)

Maintenance of Ratio of Indebtedness to Tangible Net Worth. The Seller shall maintain the ratio of (a) Indebtedness to (b) Tangible Net Worth no greater than 15:110:1.

Appears in 1 contract

Samples: Master Repurchase Agreement (M I Homes Inc)

Maintenance of Ratio of Indebtedness to Tangible Net Worth. The Seller shall maintain the ratio of Indebtedness to Tangible Net Worth plus the amount, if any, on deposit in the Cash Account subject to the Cash Account Agreement, at a level no greater than 15:1than, 20:1.

Appears in 1 contract

Samples: Master Repurchase Agreement (First NLC Financial Services Inc)

Maintenance of Ratio of Indebtedness to Tangible Net Worth. The Seller shall maintain the ratio of Indebtedness to Tangible Net Worth no greater than 15:1the ratio set forth in the Commitment Letter.

Appears in 1 contract

Samples: Master Repurchase Agreement (Taberna Realty Finance Trust)

Maintenance of Ratio of Indebtedness to Tangible Net Worth. The Seller Sellers, on a consolidated basis, shall maintain the ratio of Indebtedness to Tangible Net Worth no greater than 15:122:1."

Appears in 1 contract

Samples: Master Repurchase Agreement (MortgageIT Holdings, Inc.)

Maintenance of Ratio of Indebtedness to Tangible Net Worth. The Seller shall maintain the ratio of Indebtedness to Tangible Net Worth no greater than 15:118:1.

Appears in 1 contract

Samples: Master Repurchase Agreement (Homebanc Corp)

Maintenance of Ratio of Indebtedness to Tangible Net Worth. The Seller shall maintain the ratio of Indebtedness to Tangible Net Worth no greater than 15:120:1.

Appears in 1 contract

Samples: Master Repurchase Agreement (Mortgageit Holdings Inc)

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Maintenance of Ratio of Indebtedness to Tangible Net Worth. The Seller shall maintain has maintained the ratio of Indebtedness to Tangible Net Worth no greater than 15:120:1.

Appears in 1 contract

Samples: Master Repurchase Agreement (First NLC Financial Services Inc)

Maintenance of Ratio of Indebtedness to Tangible Net Worth. The Seller shall maintain the ratio of Indebtedness to Tangible Net Worth no greater than 15:1; provided, that with respect to the period beginning on February 28, 2003 through and including April 30 , 2003, the Seller shall maintain the ratio of Indebtedness to Tangible Net Worth no greater than 16:1.

Appears in 1 contract

Samples: Master Repurchase Agreement (Homebanc Corp)

Maintenance of Ratio of Indebtedness to Tangible Net Worth. The Seller Sellers, on a consolidated basis shall maintain the a ratio of Indebtedness to Tangible Net Worth of no greater than 15:120:1.

Appears in 1 contract

Samples: To Master Repurchase Agreement (ECC Capital CORP)

Maintenance of Ratio of Indebtedness to Tangible Net Worth. The Seller shall maintain the ratio of Indebtedness to Tangible Net Worth no greater than 15:14:1. For purposes of this clause (ii) only, Indebtedness shall not include Indebtedness of others Guaranteed by the Seller.

Appears in 1 contract

Samples: Master Repurchase Agreement (Affordable Residential Communities Inc)

Maintenance of Ratio of Indebtedness to Tangible Net Worth. The Seller Sellers, on a consolidated basis, shall maintain the a ratio of Recourse Indebtedness to Tangible Net Worth of no greater than 15:120:1.

Appears in 1 contract

Samples: Master Repurchase Agreement (ECC Capital CORP)

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