Debt/Tangible Equity Ratio. The Company shall maintain, as of the last day of each fiscal quarter, a Debt/Tangible Equity Ratio of not more than 8.5 to 1.
Appears in 3 contracts
Samples: Supplemental Indenture (PHH Corp), Supplemental Indenture (PHH Corp), Indenture (PHH Corp)
Debt/Tangible Equity Ratio. The Company shall maintain, as of the last day of each fiscal quarter, a Debt/Tangible Equity Ratio of not more than 8.5 10.0 to 11.0.
Appears in 2 contracts