Debt to Net Worth Ratio shall have the meaning set forth in Section 7.7(b).
Debt to Net Worth Ratio means, with respect to any Person and for any period, the ratio of Debt to Net Worth for such Person for such period.
Debt to Net Worth Ratio means the ratio, as of any date, of (a) Consolidated Debt to (b) Consolidated Tangible Net Worth.
Examples of Debt to Net Worth Ratio in a sentence
Commencing on October 31, 2016, maintain a Debt to Net Worth Ratio of not greater than 1.50:1.00 measured at the end of each Fiscal Quarter.
Permit the Consolidated Funded Debt to Net Worth Ratio as of the end of any fiscal quarter of the Borrower to be greater than 2.50 to 1.0.
The Borrower on a consolidated basis with Guarantor and each Subsidiary shall maintain a Debt to Net Worth Ratio of no greater than 1.5 to 1.0 until the Loan is paid in full.
Maximum Debt to Net Worth Ratio..............................................................
Not permit the Total Debt to Net Worth Ratio to exceed 8 to 1 at any time.
More Definitions of Debt to Net Worth Ratio
Debt to Net Worth Ratio means the ratio of total liabilities to Tangible Net Worth.
Debt to Net Worth Ratio means the ratio of Borrowers' total liabilities calculated in accordance with generally accepted accounting principles (except for debt subordinated to the Liabilities pursuant to a written agreement in a form acceptable to Lender acting in good faith) to Borrowers' total Net Worth.
Debt to Net Worth Ratio means the total liabilities of the Guarantor (including total indebtedness) divided by total unrestricted net assets of the Guarantor.
Debt to Net Worth Ratio means, with respect to any Person, as of any date of determination, the ratio of (a) Indebtedness for borrowed money (but excluding Indebtedness outstanding that is contractually subordinated to the Indebtedness of such Person and its Subsidiaries, so long as the term of such subordinated Indebtedness extends beyond the Final Maturity Date) less “Deferred Revenues” (as set forth as a line item on the Performance Guarantor’s consolidated balance sheet in the most recent financial statement delivered pursuant to Section 5.01(a)(i) or (ii) of this Agreement), in each case, as at such date and calculated on a consolidated basis in accordance with GAAP net of unrestricted cash on hand, to (b) Consolidated Net Worth, as at such date and calculated on a consolidated basis in accordance with GAAP.
Debt to Net Worth Ratio means, at any time, the ratio of (a) the aggregate amount of the Borrower’s outstanding Indebtedness at such time to (b) the Borrower’s Tangible Net Worth, all calculated on a Consolidated basis.
Debt to Net Worth Ratio means the ratio of Total Liabilities to Net Worth. For purposes of calculating the Debt to Net Worth Ratio, (1) the term "Net Worth" of any Person means consolidated shareholders' equity, computed in accordance with GAAP and (2) the line item referred to in the consolidated balance sheets of K-Tron International and Subsidiaries as "Cumulative translation adjustments" shall be excluded from shareholders' equity.
Debt to Net Worth Ratio is defined as the quotient obtained by dividing (a) aggregate Debt, both current and long-term, as dividend, by (b) Net Worth, as divisor;