TOTAL LIABILITIES TO EQUITY Sample Clauses

TOTAL LIABILITIES TO EQUITY. Cause the ratio of total consolidated Indebtedness (which for the purpose of this calculation shall mean Indebtedness exclusive of $4,292,000 "Additional Minimum Liability" as defined by Statement of Financial Accounting Standards Number 87, that represents the change in recognized pension obligations occurring principally as a result of changes in market interest discount rates and pension plan asset values as of March 31, 2001, for actuarial valuation purposes for the defined benefit plans of CMP having an unfunded accumulated benefit obligation) to consolidated stockholders' equity (which for the purpose of this calculation shall exclude any element of "other comprehensive income/(loss)" as reported in CMP's balance sheet) for Borrowers on a Consolidated Basis to be not more than the ratios set forth below at the end of each fiscal quarter set forth below: --------------------------------------------------------- ------------------------------------------ FISCAL QUARTER Ratio -------------- --------------------------------------------------------- ------------------------------------------ --------------------------------------------------------- ------------------------------------------ December 31, 2001 5.00 to 1.0 --------------------------------------------------------- ------------------------------------------ March 31, 2002 5.25 to 1.0 --------------------------------------------------------- ------------------------------------------ June 30, 2002 5.00 to 1.0 --------------------------------------------------------- ------------------------------------------ September 30, 2002 and at the end of each fiscal quarter thereafter during the Term. 4.75 to 1.0 --------------------------------------------------------- ------------------------------------------ For purposes of this Section 6.9, the effect of CMP's adoption of "Statement of Financial Accounting Standard No. 142, goodwill and other intangible assets" required to be adopted subsequent to March 31, 2002 shall be disregarded. 2.8. Section 7.8 is hereby amended in its entirety to read as follows:
Sample 1
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TOTAL LIABILITIES TO EQUITY. Cause the ratio of total consolidated Indebtedness to consolidated stockholders equity (exclusive of Borrower's foreign currency translation adjustment account) to be not more than (a) 3.84 to 1 at the end of the fiscal quarter ending December 31, 1996 and (b) 3.89 to 1 at the end of the fiscal quarter ending March 31, 1997 and at the end of each fiscal quarter thereafter during the Term; PROVIDED, HOWEVER, that for the fiscal quarter ending June 30, 1997 and thereafter during the Term the ratios provided in this Section 6.9 may be adjusted by the mutual agreement of Borrower and Bank based upon projections delivered to Bank in accordance with Section 9.12 hereof. The above ratios shall be calculated exclusive of any future accounting changes and their impact on non-current liabilities and shareholders' equity." 2.5. Section 7.6 of the Loan Agreement is hereby amended in its entirety to provide as follows:
Sample 1
TOTAL LIABILITIES TO EQUITY. Cause the ratio of total consolidated Indebtedness to consolidated stockholders equity (exclusive of Borrowers' foreign currency translation adjustment account) for Borrowers on a Consolidated Basis to be not more than 4.11 to 1 at the end of each fiscal quarter during the Term.
Sample 1
TOTAL LIABILITIES TO EQUITY. Cause the ratio of total consolidated Indebtedness to consolidated stockholders equity (exclusive of Borrower's foreign currency translation adjustment account) to be not more than (i) 5.65 to 1 at the end of the fiscal quarter ending Marcx 00, 0000, (xx) 0.07 to 1 at the end of the fiscal quarter ending June 30, 1999, (iii) 4.44 to 1 at the end of the fiscal quarter ending September 30, 1999, (iv) 4.13 to 1 at the end of the fiscal quarter ending December 31, 1999, (v) 4.11 to 1 at the end of the fiscal quarter ending March 31, 2000 and at the end of each fiscal quarter thereafter during the Term."
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TOTAL LIABILITIES TO EQUITY. 44 6.10 Execution of Supplemental Instruments................................44
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TOTAL LIABILITIES TO EQUITY. Cause the ratio of total consolidated Indebtedness to consolidated stockholders equity (exclusive of Borrower's foreign currency translation adjustment account) to be not more than 3.89 to 1 at the end of the fiscal quarter ending March 31, 1998 and at the end of each fiscal quarter thereafter during the Term; provided, however, that for the fiscal quarter ending June 30, 1998 and thereafter during the Term the ratios provided in this Section 6.9 may be adjusted by the mutual agreement of Borrower and Lender based upon projections delivered to Lender in accordance with Section 9.12 hereof. The above ratios shall be calculated exclusive of any future accounting changes and their impact on non-current liabilities and shareholders' equity.
Sample 1
TOTAL LIABILITIES TO EQUITY. The Company will have at the end of each reporting period a ratio of total liabilities to equity of no greater than 6:1. For the purposes of this calculation, total liabilities are defined as total liabilities less non-interest bearing subordinated borrowings from Agway, Inc. and its subsidiaries. Equity is defined as net worth plus subordinated borrowings from Agway, Inc. and its subsidiaries.
Sample 1
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Related to TOTAL LIABILITIES TO EQUITY

  • Total Liabilities Current Liabilities

  • Consolidated Total Liabilities All liabilities of the Borrower and its Subsidiaries determined on a consolidated basis in accordance with generally accepted accounting principles and all Indebtedness of the Borrower and its Subsidiaries, whether or not so classified.

  • Total Liability WAVIN’S TOTAL LIABILITY UNDER OR IN CONNECTION WITH THE AGREEMENT FOR CLAIMS OF ANY KIND (INCLUDING THIRD PARTY CLAIMS) WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE ARISING OUT OF THE PERFORMANCE/NON-PERFORMANCE OR BREACH OF THE AGREEMENT, INCLUDING ANY OTHER COMPENSATION UNDER THE AGREEMENT, OR THE PROVISION OF ANY PRODUCTS OR SERVICES SHALL NOT EXCEED THE AMOUNT PAID OR PAYABLE FOR THE SPECIFIC PRODUCT OR SERVICE THAT GIVES RISE TO THE CLAIM.

  • Material Liabilities The Company has no liability or obligation, absolute or contingent (individually or in the aggregate), except (i) obligations and liabilities incurred after the date of incorporation in the ordinary course of business that are not material, individually or in the aggregate, and (ii) obligations under contracts made in the ordinary course of business that would not be required to be reflected in financial statements prepared in accordance with generally accepted accounting principles.

  • Financial Statements; Material Liabilities The Company has delivered to each Purchaser copies of the financial statements of the Company and its Subsidiaries listed on Schedule 5.5. All of said financial statements (including in each case the related schedules and notes) fairly present in all material respects the consolidated financial position of the Company and its Subsidiaries as of the respective dates specified in such Schedule and the consolidated results of their operations and cash flows for the respective periods so specified and have been prepared in accordance with GAAP consistently applied throughout the periods involved except as set forth in the notes thereto (subject, in the case of any interim financial statements, to normal year-end adjustments). The Company and its Subsidiaries do not have any Material liabilities that are not disclosed on such financial statements or otherwise disclosed in the Disclosure Documents.

  • Litigation and Contingent Liabilities No litigation (including derivative actions), arbitration proceeding or governmental investigation or proceeding is pending or, to the Company’s knowledge, threatened against any Loan Party which might reasonably be expected to have a Material Adverse Effect, except as set forth in Schedule 9.6. Other than any liability incident to such litigation or proceedings, no Loan Party has any material contingent liabilities not listed on Schedule 9.6 or permitted by Section 11.1.

  • Contingent Liabilities Assume, guarantee, become liable as a surety, endorse, contingently agree to purchase, or otherwise be or become liable, directly or indirectly (including, but not limited to, by means of a maintenance agreement, an asset or stock purchase agreement, or any other agreement designed to ensure any creditor against loss), for or on account of the obligation of any person or entity, except by the endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of the Company’s business.

  • Current Liabilities Current Liabilities means the aggregate amount of all current liabilities as determined in accordance with GAAP, but in any event shall include all liabilities except those having a maturity date which is more than one year from the date as of which such computation is being made.

  • Consolidated Total Leverage Ratio Permit the Consolidated Total Leverage Ratio as of the last day of any fiscal quarter ending on or after September 30, 2008 to be greater than 3.5 to 1.0.

  • Liabilities to Obligors No obligation or liability to any Obligor under any of the Contracts is intended to be assumed by the Trustees, the Trust or the Noteholders under or as a result of this Agreement and the transactions contemplated hereby.

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