Ratio of Total Debt to Tangible Net Worth. The "Ratio of Total Debt to Tangible Net Worth," is defined as the aggregate of current liabilities and non-current liabilities (excluding contingent liabilities and non-recourse bonds) less subordinated loans from Related Parties (as hereinafter defined), divided by Tangible Net Worth shall not
Appears in 3 contracts
Samples: Master Loan Agreement (International American Homes Inc), Master Loan Agreement (International American Homes Inc), Master Loan Agreement (International American Homes Inc)
Ratio of Total Debt to Tangible Net Worth. The "Ratio of Total Debt to Tangible Net Worth," is defined as the aggregate of current liabilities and non-current liabilities (excluding contingent liabilities and non-recourse bonds) less subordinated loans from Related Parties (as hereinafter defined), divided by Tangible Net Worth shall notWorth.
Appears in 2 contracts
Samples: Master Loan Agreement (International American Homes Inc), Master Loan Agreement (International American Homes Inc)
Ratio of Total Debt to Tangible Net Worth. The "Ratio of Total Debt to Tangible Net Worth," , is defined as the aggregate of current liabilities and non-current liabilities (excluding contingent liabilities and non-recourse bonds) less subordinated loans from Related Parties (as hereinafter defined), divided by Tangible Net Worth shall notWorth.
Appears in 1 contract
Samples: Master Loan Agreement (International American Homes Inc)
