Tangible Net Worth Ratio. At all times, the ratio of (i) the sum of GAAP Indebtedness and Contingent Indebtedness to (ii) the Seller’s Consolidated Tangible Net Worth shall not be more than 8.0 to 1.0.
Tangible Net Worth Ratio. At all times, the ratio of (i) Total Liabilities to (ii) Adjusted Tangible Net Worth shall not be more than 12.0 to 1.0.
Tangible Net Worth Ratio. Section 17.13 of the Repurchase Agreement is amended and restated in its entirety to read as follows:
Tangible Net Worth Ratio. The Company will not permit the ratio of Indebtedness to Tangible Net Worth to exceed 3.25 to 1.00 as of the last day of any fiscal quarter of the Company. For purposes of this Section 6.12, Indebtedness shall be determined with reference to the balance sheet included with the most recent financial statements delivered pursuant to Section 5.01(a) or (b), as applicable.
Tangible Net Worth Ratio. Maintain a ratio (expressed as a decimal fraction) of
Tangible Net Worth Ratio. Section 6.6 of the Credit Agreement is deleted and is replaced by the following:
Tangible Net Worth Ratio. The ratio of (i) the sum of GAAP Indebtedness and Contingent Indebtedness to (ii) the Company’s Consolidated Tangible Net Worth shall not be more than 12.0 to 1.0 as of the end of each calendar month.
Tangible Net Worth Ratio. Borrower shall maintain a ratio of total liabilities to Tangible Net Worth of not greater than 2.00:1.00, tested quarterly based upon Borrower's fiscal year.
Tangible Net Worth Ratio. As at any date of determination, the ratio of (a) Consolidated Total Liabilities outstanding on such date to (b) Consolidated Tangible Net Worth on such date.
Tangible Net Worth Ratio. Borrower shall maintain, as of the last ------------------------ day of each month, a Tangible Net Worth Ratio of not more than 6.0:1.00. As of December 31, 2000, Borrower shall maintain, as of the last day of each month, a Tangible Net Worth Ratio of not more than 5.0:1.00.
