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 1.20:1.0, measured quarterly, beginning August 31,1996.

Appears in 1 contract

Samples: Loan Agreement (Temtex Industries Inc)

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Total Liabilities to Tangible Net Worth Ratio. To maintain on a consolidated basis basis. a ratio of Total Liabilities total liabilities to Tangible Net Worth tangible net worth not exceeding 1.20:1.01.50:1.0, measured assessed quarterly, beginning August 31,1996.

Appears in 1 contract

Samples: Agreement (Edelbrock Corp)

Total Liabilities to Tangible Net Worth Ratio. To maintain on a consolidated basis a ratio of Total Liabilities to Tangible Net Worth not exceeding 1.20:1.00.50:1.0, measured quarterly, beginning August 31,1996.

Appears in 1 contract

Samples: Loan Agreement (Ventana Medical Systems Inc)

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Total Liabilities to Tangible Net Worth Ratio. To maintain on a consolidated basis a ratio of Total Liabilities to Tangible Net Worth not exceeding 1.20:1.01.00:1.00, measured quarterly, beginning August 31,1996.

Appears in 1 contract

Samples: Security Agreement (Cerprobe Corp)

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