Common use of Debt/Tangible Equity Ratio Clause in Contracts

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)

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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

Samples: PHH Corp, PHH Corp

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