Common use of Total Liabilities to Tangible Net Worth Ratio Clause in Contracts

Total Liabilities to Tangible Net Worth Ratio. To maintain on a consolidated basis a ratio of total liabilities to tangible net worth not exceeding 0.60:1.0 for each quarterly accounting period. "Total liabilities" means the sum of current liabilities plus long term liabilities.

Total Liabilities to Tangible Net Worth Ratio. To to maintain on a consolidated basis a ratio of total liabilities to tangible net worth not exceeding 0.60:1.0 for each .75:1, on a quarterly accounting periodbasis. "Total liabilities" means the sum of current liabilities plus long term liabilities.

Total Liabilities to Tangible Net Worth Ratio. To maintain on a consolidated basis a ratio of the Borrower's total liabilities to tangible net worth Tangible Net Worth not exceeding 0.60:1.0 for each quarterly accounting period1.80:1. "Total liabilities" means the sum of current liabilities plus long term liabilities.

Total Liabilities to Tangible Net Worth Ratio. To maintain on a consolidated basis a ratio of total liabilities to tangible net worth not exceeding 0.60:1.0 for each quarterly accounting period.50:1. "Total liabilities" means the sum of current liabilities plus long term liabilities. For the purposes of this paragraph, total liabilities shall include undrawn amounts of outstanding letters of credit.

Total Liabilities to Tangible Net Worth Ratio. To maintain on a consolidated basis a ratio of total liabilities to tangible net worth not exceeding 0.60:1.0 for each quarterly accounting period0.50:1.0. This ratio shall be measured quarterly. "Total liabilities" means the sum of current liabilities plus long term liabilities.