Common use of Total Indebtedness to Net Worth Clause in Contracts

Total Indebtedness to Net Worth. As of the last day of each Fiscal Quarter, the ratio of Total Indebtedness to the Borrower’s Net Worth shall not exceed 5.00 to 1.00.

Appears in 3 contracts

Samples: Second Priority Credit Agreement (Istar Financial Inc), Priority Credit Agreement (Istar Financial Inc), First Priority Credit Agreement (Istar Financial Inc)

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Total Indebtedness to Net Worth. As of the last day of each Fiscal Quarter, the ratio of Total Indebtedness to the Borrower’s Net Worth shall not exceed 5.00 be equal to 1.00or less than 5.00:1.00.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Istar Financial Inc), Credit Agreement (Istar Financial Inc)

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Total Indebtedness to Net Worth. As of the last day of each Fiscal Quarter, the ratio of Total Indebtedness to the Borrower’s Net Worth shall not exceed 5.00 be equal to 1.00or less than 3.75:1.00.

Appears in 1 contract

Samples: Revolving Credit Agreement (Istar Financial Inc)

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