Debt to Net Worth Ratio. A debt to effective tangible net worth ratio of not more than 1.5 to 1.
Debt to Net Worth Ratio as of any date of determination, the ratio of (a) Borrowers’ Debt, to (b) Borrowers’ Net Worth.
Debt to Net Worth Ratio. The ratio ("Debt-to-Net Worth Ratio") of the Consolidated Indebtedness (excluding all guaranties except guaranties with respect to borrowed money) as of the end of each fiscal quarter of the Borrower beginning with the fiscal quarter ending December 31, 1995 to its Consolidated Tangible Net Worth as of the end of each fiscal quarter of the Borrower beginning with the fiscal quarter ending December 31, 1995 shall not exceed 1.5 to 1.
Debt to Net Worth Ratio. A Debt to Effective Tangible Net Worth ratio of not more than 1.15 to 1.00.
Debt to Net Worth Ratio. Borrower shall maintain, except during the High Yield Period, a ratio of Indebtedness to net worth (calculated in accordance with GAAP but excluding from the calculation of Indebtedness all Subordinated Indebtedness) of not greater than 3.00 to 1.00 for the fiscal quarter ending September 30, 1997, and for each fiscal quarter thereafter. For purposes of this calculation, the Preferred Stock shall be included as equity, and shall not be included as debt, of Borrower.
Debt to Net Worth Ratio. Borrower agrees to maintain a Debt to Net Worth Ratio of no greater than 3:1.
Debt to Net Worth Ratio. Borrower shall maintain a Debt-to-Net Worth Ratio of not more than 9.1 to 1.0 and shall report thereon to Bank on an annual basis beginning with the year ended December 31, 2022. “Debt-to-Net Worth Ratio” shall be defined as the Borrower’s combined total liabilities divided by Borrower’s book equity as of the last day of each calendar year.
Debt to Net Worth Ratio. The Lessee shall at all times during the term hereof maintain a ratio of total debt to Net Worth of less than or equal to 50%, exclusive of capitalized leases.
Debt to Net Worth Ratio. Maintain a ratio of total liabilities to tangible net worth of not greater than 2:50.
Debt to Net Worth Ratio a total Debt to tangible net worth ratio not exceeding 2.0 to 1.0. As used herein, "Debt" shall mean (i) all indebtedness for the repayment of borrowed money, (ii) all deferred indebtedness for the payment of the purchase price of property or assets purchased, (iii) all capitalized lease obligations and (iv) all indebtedness secured by any mortgage or pledge of, or lien on, property, whether or not indebtedness secured thereby shall have been assumed. The Credit Obligors further hereby covenant and agree that they (including their Subsidiaries) shall
