Common use of Total Liabilities to Tangible Capital Funds Ratio Clause in Contracts

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.

Total Liabilities to Tangible Capital Funds Ratio. Not The Loan Parties shall not permit the Total Liabilities to Tangible Capital Funds Ratio to be greater than (i) 6.00 6.60 to 1.00 as of the end of each of April, May, June, July, July and August, 2004, and (ii) greater than 4.75 5.23 to 1.00 as of the end of September, 2004, 2004 or any month thereafter; such ratio to be determined in each case in accordance with GAAP as of such month-end.

Total Liabilities to Tangible Capital Funds Ratio. Not permit the Total Liabilities to Tangible Capital Funds Ratio to be greater than (i) 8.00 to 1.00 as of the end of March, April or May, 2003, (ii) 7.00 to 1.00 as of the end of June, July, August, September, October or November, 2003, or (iii) 6.00 to 1.00 as of the end of each of AprilDecember, May, June, July, and August, 2004, and (ii) greater than 4.75 to 1.00 as of the end of September, 2004, 2003 or any month thereafter; such ratio to be determined in each case in accordance with GAAP as of such month-end.

Total Liabilities to Tangible Capital Funds Ratio. Not The Loan Parties shall not permit the Total Liabilities to Tangible Capital Funds Ratio to be greater than (i) 6.00 8.80 to 1.00 as of the end of each of AprilMarch, April or May, June2003, July, and August, 2004, and (ii) greater than 4.75 7.70 to 1.00 as of the end of June, July, August, September, 2004October or November, 2003, or (iii) 6.60 to 1.00 as of the end of December, 2003 or any month thereafter; such ratio to be determined in each case in accordance with GAAP as of such month-end.

Total Liabilities to Tangible Capital Funds Ratio. Not permit the Total Liabilities to Tangible Capital Funds Ratio to be greater than (i) 6.00 13.20 to 1.00 as of the end of March, 2005, 12.92 to 1.00 as of the end of April, 2005, and 12.65 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 calendar month thereafter; such ratio to be determined in each case in accordance with GAAP as of such month-end.”

Total Liabilities to Tangible Capital Funds Ratio. Not permit the Total Liabilities to Tangible Capital Funds Ratio to be greater than (i) 6.00 13.20 to 1.00 as of the end of March, 2005, (ii) 12.92 to 1.00 as of xxx xxx xx Xxxxx, 0000, (xxx) 12.65 to 1.00 as of the end of May 31, 2005, June 30, 2005 and July 31, 2005 and (iv) 6.875 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 calendar month thereafter; such ratio to be determined in each case in accordance with GAAP as of such month-end.”