Ratio of Debt to Tangible Net Worth. So long as the Note shall remain not fully repaid, the ratio of the Borrower’s Debt to Tangible Net Worth shall not exceed 2.25 to 1 measured at the end of each fiscal quarter end basis.
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Ratio of Debt to Tangible Net Worth. So long as the Note shall remain not fully repaidunpaid or the Bank shall have any Commitment hereunder, the ratio of the Borrower’s Debt to Tangible Net Worth shall not exceed 2.25 to 1 measured at the end of each fiscal quarter end basis.
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Ratio of Debt to Tangible Net Worth. So long as the Note shall remain not fully repaid, the ratio of the Borrower’s Debt to Tangible Net Worth shall not exceed 2.25 1.5 to 1 1.0 measured at the end of each fiscal quarter end basis.
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