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 4.00 to 1.00.
Appears in 2 contracts
Samples: Guarantee Agreement (Ares Commercial Real Estate Corp), Master Repurchase Agreement (Ares Commercial Real Estate Corp)
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 4.00 4.50 to 1.00.
Appears in 2 contracts
Samples: Guarantee Agreement (Ares Commercial Real Estate Corp), Guarantee Agreement (Ares Commercial Real Estate Corp)
