Common use of Ratio of Debt to Tangible Net Worth Clause in Contracts

Ratio of Debt to Tangible Net Worth. At the end of each Test Period, Guarantor (on a consolidated basis) shall maintain its ratio of Debt to Tangible Net Worth to not more than 4.50 to 1.00.

Appears in 3 contracts

Samples: Guarantee Agreement (Ares Commercial Real Estate Corp), Guarantee Agreement (Ares Commercial Real Estate Corp), Guarantee Agreement (Ares Commercial Real Estate Corp)

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Ratio of Debt to Tangible Net Worth. At the end of each Test Period, Guarantor (on a consolidated basis) shall maintain its ratio of Debt to Tangible Net Worth to not more than 4.50 4.00 to 1.00.

Appears in 2 contracts

Samples: Guarantee Agreement (Ares Commercial Real Estate Corp), Master Repurchase Agreement (Ares Commercial Real Estate Corp)

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