Ratio of Debt to Tangible Net Worth. So long as the Note shall remain unpaid or the Bank shall have any Commitment hereunder, the ratio of the Borrower's Debt to Tangible Net Worth shall not exceed 1.85 to 1 measured at the end of each fiscal quarter end basis.
Appears in 1 contract
Samples: Wsi Industries, Inc.
Ratio of Debt to Tangible Net Worth. So long as the Note shall remain unpaid or the Bank shall have any Commitment hereunder, the ratio of the Borrower's Debt to Tangible Net Worth shall not exceed 1.85 1 to 1 measured at the end of each fiscal quarter end basis.
Appears in 1 contract
Samples: Wsi Industries Inc
Ratio of Debt to Tangible Net Worth. So long as the Note shall remain unpaid or the Bank shall have any Commitment hereunder, the ratio of the Borrower's Debt to Tangible Net Worth shall not exceed 1.85 1.75 to 1 measured at the end of each fiscal quarter end basis.
Appears in 1 contract
Samples: Wsi Industries Inc
Ratio of Debt to Tangible Net Worth. So long as the Note shall remain unpaid or the Bank shall have any Commitment hereunder, the ratio of the Borrower's Debt to Tangible Net Worth shall not exceed 1.85 1.75 to 1 measured at the end of each fiscal quarter end basis."
Appears in 1 contract
Samples: Wsi Industries, Inc.
Ratio of Debt to Tangible Net Worth. So long as the Note shall remain unpaid or the Bank shall have any Commitment hereunder, the ratio of the Borrower's Debt to Tangible Net Worth shall not exceed 1.85 2 to 1 measured at the end of each fiscal quarter end basis.
Appears in 1 contract
Samples: Loan Agreement (Wsi Industries Inc)
