Common use of Maximum Debt to Equity Ratio Clause in Contracts

Maximum Debt to Equity Ratio. The Borrower will maintain at all times a ratio of Total Liabilities to Tangible Net Worth of not greater than 5.00 to 1.0., tested annually beginning December 31, 2008.

Appears in 3 contracts

Samples: Loan Agreement (Tri-Isthmus Group, Inc.), Loan Agreement (Tri-Isthmus Group, Inc.), Loan Agreement (Tri-Isthmus Group, Inc.)

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Maximum Debt to Equity Ratio. The Borrower will maintain at all times a ratio of Total Liabilities to Tangible Net Worth of not greater than 5.00 7.00 to 1.0., tested annually beginning December 31, 20082010.

Appears in 1 contract

Samples: Loan Agreement (First Physicians Capital Group, Inc.)

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