TOTAL DEBT TO NET WORTH. Borrower's total indebtedness for borrowed money (specifically excluding the indebtedness for borrowed money of Borrower's Subsidiaries) shall at all times be less than thirty-five percent (35%) of its Tangible Net Worth (provided that nothing in this paragraph shall permit Borrower to borrow except as specifically permitted elsewhere in this Agreement).
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TOTAL DEBT TO NET WORTH. Borrower's total indebtedness for borrowed money (specifically excluding the indebtedness for borrowed money of Borrower's Subsidiaries) shall not at all times be less than thirtyany time exceed forty-five percent (3545%) of its Tangible Net Worth (provided that nothing in this paragraph shall permit Borrower to borrow except as specifically permitted elsewhere in this Agreement).
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TOTAL DEBT TO NET WORTH. Borrower's total indebtedness for borrowed money (specifically excluding the indebtedness for borrowed money of Borrower's Subsidiaries) shall not at all times be less than any time exceed thirty-five percent (35%) of its Tangible Net Worth (provided that nothing in this paragraph shall permit Borrower to borrow except as specifically permitted elsewhere in this Agreement)Worth.
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TOTAL DEBT TO NET WORTH. The Borrower's total indebtedness for borrowed money (specifically excluding the indebtedness for borrowed money of the Borrower's Subsidiaries) shall not at all times be less than thirtyany time exceed forty-five percent (3545%) of its Tangible Net Worth (provided that nothing in this paragraph shall permit the Borrower to borrow except as specifically permitted elsewhere in this Agreement).
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TOTAL DEBT TO NET WORTH. The Borrower's total indebtedness for borrowed money (specifically excluding the Capital Securities Indebtedness and the indebtedness for borrowed money of the Borrower's Subsidiaries) shall not at all times be less than thirty-five any time exceed thirty percent (3530%) of its Tangible Net Worth (provided that nothing in this paragraph shall permit Borrower to borrow except as specifically permitted elsewhere in this Agreement).nothing
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Samples: Revolving Credit Agreement (First Western Bancorp Inc)
