Maximum Debt to Equity Ratio. Guarantor shall not permit the ratio of its Total Indebtedness to its Tangible Net Worth to be greater than 3.50 to 1.00 at any time.
Appears in 3 contracts
Samples: FS Credit Real Estate Income Trust, Inc., FS Credit Real Estate Income Trust, Inc., FS Credit Real Estate Income Trust, Inc.
Maximum Debt to Equity Ratio. Guarantor shall has not permit permitted the ratio of its Total Indebtedness to its Tangible Net Worth to be greater than 3.50 to 1.00 at any time. A calculation of Guarantor’s Maximum Debt to Equity ratio as of the last day of the most recently ended fiscal quarter is set forth on Schedule 1.
Appears in 2 contracts
Samples: Limited Guaranty (FS Credit Real Estate Income Trust, Inc.), FS Credit Real Estate Income Trust, Inc.
Maximum Debt to Equity Ratio. Guarantor shall not permit the ratio of its Total Indebtedness to its Tangible Net Worth to be greater than 3.50 3.00 to 1.00 at any time.
Appears in 2 contracts
Samples: Guaranty (FS Credit Real Estate Income Trust, Inc.), Guarantee Agreement (FS Credit Real Estate Income Trust, Inc.)
Maximum Debt to Equity Ratio. Guarantor shall not at any time permit the ratio of its Total Indebtedness to its Tangible Net Worth to be greater than 3.50 to 1.00 at any time.
Appears in 2 contracts
Samples: Limited Guaranty (FS Credit Real Estate Income Trust, Inc.), FS Credit Real Estate Income Trust, Inc.
Maximum Debt to Equity Ratio. Guarantor shall not permit the ratio of its Total Indebtedness to its Tangible Net Worth to be greater than 3.50 to 1.00 at any time.”
Appears in 1 contract
Samples: Guarantee Agreement (FS Credit Real Estate Income Trust, Inc.)