Common use of Maximum Consolidated Funded Debt to Consolidated Tangible Net Worth Clause in Contracts

Maximum Consolidated Funded Debt to Consolidated Tangible Net Worth. The Borrower will not permit, at any time, the ratio of (a) Consolidated Funded Debt to (b) Consolidated Tangible Net Worth to be more than the ratio of 3.75:1.00.

Appears in 2 contracts

Samples: The Term Loan Agreement (CAI International, Inc.), Revolving Credit Agreement (CAI International, Inc.)

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Maximum Consolidated Funded Debt to Consolidated Tangible Net Worth. The Borrower Loan Parties will not permit, at the end of any timecalendar quarter, the ratio of (a) Consolidated Funded Debt to (b) Consolidated Tangible Net Worth to be more than the ratio of 3.75:1.00.

Appears in 2 contracts

Samples: Loan and Security Agreement (CAI International, Inc.), Revolving Credit Agreement (CAI International, Inc.)

Maximum Consolidated Funded Debt to Consolidated Tangible Net Worth. The Borrower Loan Parties will not permit, at any time, the ratio of (a) Consolidated Funded Debt to (b) Consolidated Tangible Net Worth to be more than the ratio of 3.75:1.00.

Appears in 2 contracts

Samples: Term Loan Agreement (CAI International, Inc.), Term Loan Agreement (CAI International, Inc.)

Maximum Consolidated Funded Debt to Consolidated Tangible Net Worth. The Borrower will not permit, at any time, the ratio of (a) Consolidated Funded Debt to (b) Consolidated Tangible Net Worth to be more than the ratio of 3.75:1.003.50:1.00.

Appears in 1 contract

Samples: Term Loan Agreement (CAI International, Inc.)

Maximum Consolidated Funded Debt to Consolidated Tangible Net Worth. The Borrower Borrowers will not permit, at any time, the ratio of (a) Consolidated Funded Debt to (b) Consolidated Tangible Net Worth to be more than the ratio of 3.75:1.003.00:1.00.

Appears in 1 contract

Samples: Revolving Credit Agreement (CAI International, Inc.)

Maximum Consolidated Funded Debt to Consolidated Tangible Net Worth. The Borrower Loan Parties will not permit, at any timequarterly, the ratio of (a) Consolidated Funded Debt to (b) Consolidated Tangible Net Worth to be more than the ratio of 3.75:1.003.50:1.00.

Appears in 1 contract

Samples: Revolving Credit Agreement (CAI International, Inc.)

Maximum Consolidated Funded Debt to Consolidated Tangible Net Worth. The Borrower Loan Parties will not permit, at any timequarterly, the ratio of (a) Consolidated Funded Debt to (b) Consolidated Tangible Net Worth to be more than the ratio of 3.75:1.00.

Appears in 1 contract

Samples: Revolving Credit Agreement (CAI International, Inc.)

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Maximum Consolidated Funded Debt to Consolidated Tangible Net Worth. The Borrower Borrowers will not permit, at any time, the ratio of (a) Consolidated Funded Debt to (b) Consolidated Tangible Net Worth to be more than the ratio of 3.75:1.003.50:1.00.

Appears in 1 contract

Samples: Revolving Credit Agreement (CAI International, Inc.)

Maximum Consolidated Funded Debt to Consolidated Tangible Net Worth. The Borrower will not permit, at the end of any timefiscal quarter, the ratio of (a) Consolidated Funded Debt to (b) Consolidated Tangible Net Worth to be more than the ratio of 3.75:1.00.

Appears in 1 contract

Samples: Term Loan Agreement (CAI International, Inc.)

Maximum Consolidated Funded Debt to Consolidated Tangible Net Worth. The Borrower Loan Parties will not permit, at any time, the ratio of (a) Consolidated Funded Debt to (b) Consolidated Tangible Net Worth to be more than the ratio of 3.75:1.003.50:1.00.

Appears in 1 contract

Samples: Term Loan Agreement (CAI International, Inc.)

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