Total Liabilities to Tangible Net Worth Ratio definition

Total Liabilities to Tangible Net Worth Ratio means the ratio of all amounts that would be included as liabilities on a consolidated balance sheet of the Borrower, to Tangible Net Worth.
Sample 1Sample 2Sample 3
Total Liabilities to Tangible Net Worth Ratio means, with respect to each Person, the ratio of such Person’s (a) Total Liabilities to (b) Tangible Net Worth.
Sample 1Sample 2Sample 3
Total Liabilities to Tangible Net Worth Ratio shall have the meaning set forth in Section 8.10.
Sample 1Sample 2

Examples of Total Liabilities to Tangible Net Worth Ratio in a sentence

  • Borrower will maintain at all times a ratio of total liabilities to tangible net worth, determined under consistently applied generally accepted accounting principles, of (Total Liabilities to Tangible Net Worth Ratio) or less.

  • Borrower will maintain at all times a ratio of total liabilities to tangible net worth, determined under consistently applied generally accepted accounting principles, of 0.000 to 1.0 (Total Liabilities to Tangible Net Worth Ratio) or less.

  • Borrower will maintain a Total Liabilities to Tangible Net Worth Ratio, on any date of testing, of less than 2.00 to 1.00, as computed by Lender from time to time based on financial statements provided by Borrower.

  • Borrower agrees to the following provisions from the date hereof until final payment in full of the Obligations, unless Bank shall otherwise consent in writing, using the financial information for Borrower, its subsidiaries, affiliates and its holding or parent company, as applicable: Total Liabilities to Tangible Net Worth Ratio.

  • Permit the Consolidated Total Liabilities to Tangible Net Worth Ratio, calculated as of each Quarterly Calculation Date beginning June 30, 2021, to be more than 2.00 to one (2.00:1).


More Definitions of Total Liabilities to Tangible Net Worth Ratio

Total Liabilities to Tangible Net Worth Ratio means, for Maritrans Inc. as of the Measuring Date which is the end of each Four-Quarter Period, the quotient obtained by dividing (a) the Total Liabilities of Maritrans Inc. on a Consolidated basis as of such Measuring Date by (b) the Tangible Net Worth of Maritrans Inc. on a Consolidated basis as of such Measuring Date.
Sample 1Sample 2
Total Liabilities to Tangible Net Worth Ratio means, as of any date, the ratio of consolidated Total Liabilities of the Company and its Subsidiaries to consolidated Tangible Net Worth of the Company and its Subsidiaries.
Sample 1Sample 2
Total Liabilities to Tangible Net Worth Ratio is defined as the ratio of (x) Borrower’s total liabilities to (y) Borrower’s total assets minus intangible assets minus total liabilities.
Sample 1Sample 2
Total Liabilities to Tangible Net Worth Ratio means as of any date of determination, the ratio of (i) the Total Liabilities of Parent and its Consolidated Subsidiaries (other than the Excluded Entities) as of such date, to (ii) Tangible Net Worth as of such date.
Sample 1Sample 2
Total Liabilities to Tangible Net Worth Ratio means with respect to any Person, as of the last day of the most recent fiscal quarter of such Person, the ratio of (i) total liabilities under GAAP as of such day, to (ii) the Net Worth of such Person as of such day.
Sample 1
Total Liabilities to Tangible Net Worth Ratio means, for the Company, as of the Measuring Date which is the end of each Four-Quarter Period, the quotient obtained by dividing (a) the Total Liabilities of the Company on a Consolidated basis as of such Measuring Date by (b) the Tangible Net Worth of the Company on a Consolidated basis as of such Measuring Date.
Sample 1
Total Liabilities to Tangible Net Worth Ratio means, for any period, the ratio of (i) Total Liabilities, to (ii) Tangible Net Worth.
Sample 1