Total Liabilities to Tangible Capital Funds Ratio Sample Clauses

Total Liabilities to Tangible Capital Funds Ratio. Not permit the Total Liabilities to Tangible Capital Funds Ratio to be greater than (i) 6.00 to 1.00 as of the end of each of April, May, June, July, and August, 2004, and (ii) greater than 4.75 to 1.00 as of the end of September, 2004, or any month thereafter; such ratio to be determined in each case in accordance with GAAP as of such month-end.
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Total Liabilities to Tangible Capital Funds Ratio. Not permit the Total Liabilities to Tangible Capital Funds Ratio to be greater than 12.00 to 1.00 as of the end of March, 2005; such ratio to be determined in accordance with GAAP as of such month-end. 1.6 Section 10.6.6 of the Credit Agreement is amended and restated in full, to read as follows:
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Total Liabilities to Tangible Capital Funds Ratio. Not permit the Total Liabilities to Tangible Capital Funds Ratio to be greater than (i) 16.00 to 1.00 as of the end of any calendar month from and including January, 2006 to and including May, 2006, (ii) 15.25 to 1.00 as of the end of any calendar month from and including June, 2006 to and including August, 2006, (iii) 12.25 to 1.00 as of the end of any calendar month from and including September, 2006 to and including November, 2006, and (iv) 10.25 to 1.00 as of the end of December, 2006; such ratio to be determined in each case in accordance with GAAP as of such month-end.
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Total Liabilities to Tangible Capital Funds Ratio. Not permit the Total Liabilities to Tangible Capital Funds Ratio to be greater than (i) 12.00 to 1.00 as of the end of March, 2005, (ii) 11.75 to 1.00 as of xxx xxx xx Xxxxx, 0000, (xxx) 11.50 to 1.00 as of the end of May 31, 2005, June 30, 2005 and July 31, 2005, and (iv) 6.25 to 1.00 as of the end of each calendar month thereafter; such ratio to be determined in accordance with GAAP as of such month-end. 1.9 Section 10.6.6 of the Credit Agreement is amended and restated in full, to read as follows:
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Total Liabilities to Tangible Capital Funds Ratio. Permit or suffer the Total Liabilities to Tangible Capital Funds Ratio to exceed 3.0 to 1.0 at any time after the Effective Date.
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Related to Total Liabilities to Tangible Capital Funds Ratio

  • 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 Liabilities Current Liabilities

  • Consolidated Net Leverage Ratio Permit the Consolidated Net Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 4.50:1.00.

  • Consolidated Senior Leverage Ratio As of the end of each fiscal quarter of the members of the Consolidated Group, the Consolidated Senior Leverage Ratio shall not be greater than the ratio set forth below: Fiscal Quarter End Ratio ------------------ ----- December 31, 2000 3.00:1.0 March 31, 2001 3.10:1.0 June 30, 2001 3.10:1.0 September 30, 2001 2.75:1.0 December 31, 2001 and thereafter 2.50:1.0 1.6 Clause (c) of Section 7.9 of the Credit Agreement is amended to read as follows:

  • Funded Debt Ratio Permit the Funded Debt Ratio, as of the last day of any Fiscal Quarter, to be greater than the ratio set forth below opposite such Fiscal Quarter or the period during which such Fiscal Quarter ends: Period/Fiscal Quarter Maximum Ratio December 31, 2002 3.50:1.00 March 31, 2003 2.60:1.00 June 30, 2003 2.50:1.00 September 30, 2003 2.00:1.00 December 31, 2003 through March 31, 2004 1.75:1.00 April 1, 2004 through December 31, 2004 1.50:1.00

  • Maximum Consolidated Leverage Ratio The Consolidated Leverage Ratio at any time may not exceed 0.75 to 1.00; and

  • Minimum Consolidated EBITDA The Borrower will not permit Modified Consolidated EBITDA, for any Test Period ending at the end of any fiscal quarter of the Borrower set forth below, to be less than the amount set forth opposite such fiscal quarter: Fiscal Quarter Amount September 30, 1997 $36,000,000 December 31, 1997 $36,000,000 March 31, 1998 $36,000,000 June 30, 1998 $37,000,000 September 30, 1998 $37,000,000 December 31, 1998 $38,000,000 March 31, 1999 $38,000,000 June 30, 1999 $39,000,000 September 30, 1999 $40,000,000 December 31, 1999 $41,000,000 March 31, 2000 $41,000,000 June 30, 2000 $42,000,000 September 30, 2000 $43,000,000 December 31, 2000 $44,000,000 March 31, 2001 $44,000,000 June 30, 2001 $45,000,000 September 30, 2001 $46,000,000 December 31, 2001 $47,000,000 March 31, 2002 $47,000,000

  • 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.

  • Consolidated Senior Secured Leverage Ratio As of any fiscal quarter end, permit the Consolidated Senior Secured Leverage Ratio to be greater than 1.25 to 1.00.

  • Leverage Ratio The Borrower will not permit the Leverage Ratio to exceed 4.50 to 1.0 on the last day of any Fiscal Quarter.

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