Balance Sheet Leverage Ratio definition
Balance Sheet Leverage Ratio means, at any date of determination, the ratio of (a) Consolidated Funded Debt as of such date to (b) the sum of (i) Consolidated Funded Debt as of such date plus (ii) Consolidated Tangible Net Worth as of such date.
Balance Sheet Leverage Ratio means, as of any date, on a Consolidated basis and in accordance with GAAP, the ratio of (a) Funded Indebtedness to (b) Total Capitalization, as of such date.
Balance Sheet Leverage Ratio means, at any time the same is to be determined, the ratio of Total Funded Debt to Total Capitalization, each determined as of such time.
Examples of Balance Sheet Leverage Ratio in a sentence
Borrower shall not suffer or permit at any time the Balance Sheet Leverage Ratio to exceed 0.60 to 1.00.
Borrowers shall maintain, as of the last day of each fiscal quarter following the date of this Agreement through and including the date of termination of this Agreement, a Balance Sheet Leverage Ratio of not more than 2.75:1.0.
Not permit the Balance Sheet Leverage Ratio as of the last day of any Computation Period to exceed 1.00 to 1.00.
The Borrower’s Balance Sheet Leverage Ratio shall not be greater than 1.75 to 1.0 as of each December 31, March 31, June 30, and September 30 through the term of this Agreement.
Borrower shall not suffer or permit at any time the Balance Sheet Leverage Ratio to exceed 0.55 to 1.00.
More Definitions of Balance Sheet Leverage Ratio
Balance Sheet Leverage Ratio means the Total Liabilities divided by Tangible Net Worth.”
Balance Sheet Leverage Ratio means (i) the aggregate amount of Indebtedness of the Borrower (including, but not limited to, the aggregate amount of outstanding Letters of Credit), minus, any and all Indebtedness of the Borrower subordinate to the Obligations, if any, divided by (ii) the Borrower’s Tangible Capital Funds, all calculated on a consolidated basis.
Balance Sheet Leverage Ratio. At the time of any determination, the ratio of
Balance Sheet Leverage Ratio. Divide Line 1 by Line 2(c) 3 ________
Balance Sheet Leverage Ratio means the ratio obtained by dividing (a) the difference between Indebtedness and Subordinated Debt by (b) Net Worth plus Subordinated Debt minus Intangible Assets.”
Balance Sheet Leverage Ratio means (a) (i) Total Liabilities less (ii) any Subordinated Debt (including the BB&T Credit Facility), less
Balance Sheet Leverage Ratio means, as of any day, the ratio of Total Liabilities as of such day to Gross Asset Value as of such day.