Common use of Total Indebtedness to Total Assets Ratio Clause in Contracts

Total Indebtedness to Total Assets Ratio. Guarantor shall not permit the ratio of its Total Indebtedness (excluding all Contingent Liabilities) to its Total Assets for any Test Period (calculated on a consolidated basis) to be greater than 0.75 (seventy-five percent, 75%), with compliance to be tested as of the end of each Test Period.

Appears in 3 contracts

Samples: Guarantee Agreement (Ares Commercial Real Estate Corp), Guarantee Agreement (Ares Commercial Real Estate Corp), Guarantee Agreement (Ares Commercial Real Estate Corp)

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Total Indebtedness to Total Assets Ratio. Guarantor shall not permit the ratio of its Total Indebtedness (excluding all Contingent Liabilities) to its Total Assets for any Test Period (calculated on a consolidated basis) to be greater than 0.75 (seventy-five percent, percent (75%), with compliance to be tested as of the end of each Test Period.

Appears in 1 contract

Samples: Guarantee Agreement (Ares Commercial Real Estate Corp)

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