Total Debt to Tangible Net Worth. As of the end of each of its fiscal quarters, the Borrower shall maintain a ratio of Total Debt to Tangible Net Worth of not greater than 1.75 to 1.00.
Total Debt to Tangible Net Worth. (a) As at December 31, 2007, and as at each fiscal year end thereafter, BORROWER shall maintain the ratio of its Total Debt to Tangible Net Worth at no more than 6.0 to 1.0.
Total Debt to Tangible Net Worth. Calculation:
Total Debt to Tangible Net Worth. Permit Total Debt to Tangible Net Worth, plus Subordinated Debt, as of the end of each fiscal quarter to be greater than 3.50 to 1.
Total Debt to Tangible Net Worth. Maintain a Total Debt to Tangible Net Worth (defined as total liabilities divided by Tangible Net Worth defined as total book net worth plus minority interest, less due from officers/stockholders/affiliates minus intangible assets and accumulated amortization) not to exceed 4.0 to 1, to be tested quarterly.
Total Debt to Tangible Net Worth. Permit the ratio of -------------------------------- Consolidated Total Liabilities to Consolidated Tangible Net Worth to be greater than 1.09 as of the end of each of Borrower's fiscal quarter.
Total Debt to Tangible Net Worth. Borrower’s Total Debt to Tangible Net Worth ratio (determined quarterly) will be equal to or less than 1.0 to 1.0.
Total Debt to Tangible Net Worth. Permit Total Debt to Tangible Net Worth, plus Subordinated Debt, at any time to be greater than 3.50 to 1. Bank of the West/Green Plains Cattle Company LLC Second Amendment to the Credit Agreement
Total Debt to Tangible Net Worth. Borrower’s Total Debt to Tangible Net Worth ratio will not exceed 1.50 to 1.00. Borrower’s Total Debt to Tangible Net Worth ratio shall be calculated and tested quarterly as of the last day of each fiscal quarter of Borrower.
Total Debt to Tangible Net Worth. Maintain a Total Debt to Tangible Net Worth (defined as total liabilities divided by Tangible Net Worth defined as total book net worth plus minority Interest, less loan to officers/stockholders/affiliates minus Intangible assets and accumulated amortization) not to exceed 4.0 to 1, tested at the end of each fiscal quarter. Except as provided above, all computations made to determine compliance with the requirements contained In this paragraph shall be made In accordance with generally accepted accounting principles, applied on a consistent basis, and certified by Borrower as being true and correct.
