Debt to Net Worth Ratio definition

Debt to Net Worth Ratio shall have the meaning set forth in Section 7.7(b).

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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

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.
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.
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.
Borrower shall maintain the following financial ratios and covenants, each to be tested as of the last day of each calendar quarter: Minimum Adjusted Consolidated Current Ratio 0.80 to 1.00 Maximum Consolidated Debt to Net Worth Ratio Deleted Minimum Consolidated Net Worth Deleted Positive EBITDA No less than $500,000 quarterly starting from the second quarter ending 6/30/2012.
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 shall be defined as the Borrowers’ combined total liabilities divided by Borrowers’ combined net worth as of the last day of each calendar year.

Debt to Net Worth Ratio means, on any date of determination, the ratio of (a) Net Financial Debt to (b) the sum of (i) Net Worth and, without duplication, (ii) the amount of minority equity interests held in Persons other than the Borrower and its Subsidiaries.

Debt to Net Worth Ratio. Borrower shall maintain a ratio of total liabilities to tangible net worth of not more than 1.00 to 1.

Debt to Net Worth Ratio means, at any time, as to any Person, the ratio of: (a) such Person’s funded, interest-bearing indebtedness at that time, determined on a Consolidated basis in accordance with GAAP; to (b) such Person’s Tangible Net Worth at that time.

Debt to Net Worth Ratio means the total liabilities of the Guarantor (including total indebtedness) divided by total unrestricted net assets of the Guarantor.