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

Maintenance of Ratio of Total Indebtedness to Tangible Net Worth. The Guarantor shall not permit the ratio of Total Indebtedness (not taking into account the aggregate outstanding amount borrowed by the Guarantor under any secured financing facilities for which adequate collateral has been pledged thereunder by the Guarantor) to Tangible Net Worth, on a consolidated basis and on any given day, to be greater than 10:1;

Maintenance of Ratio of Total Indebtedness to Tangible Net Worth. The Guarantor shall not permit the ratio of Total Indebtedness (not taking into account the aggregate outstanding amount borrowed by the Guarantor under any secured financing facilities for which adequate collateral has been pledged thereunder by the Guarantor) to Tangible Net Worth, on a consolidated basis and on any given day, to be greater than 10:120:1;

Maintenance of Ratio of Total Indebtedness to Tangible Net Worth. The Guarantor Borrower shall not permit the ratio of the Total Indebtedness (not taking into account the aggregate outstanding amount borrowed by the Guarantor under any secured financing facilities for which adequate collateral has been pledged thereunder by the Guarantor) to Tangible Net Worth, on a consolidated basis and on Worth of the Initial Guarantor or the Subsequent Guarantor at any given day, time to be greater than 10:1;20:1; and each of the Borrower and the Guarantor shall have quarterly net income greater than $1.