Debt to Equity. From and after the execution of this Support Agreement, Alco will, within 45 days after the last day of each quarter end period, make, or cause to be made such payment to IKON Capital as shall be necessary to enable IKON Capital to have a debt to equity ratio not to exceed 6 to I determined in accordance with generally accepted accounting principles.
Debt to Equity. Swap for the Company
Debt to Equity. Borrower (on a non-consolidated, parent-company-only basis) shall maintain its ratio of (a) Indebtedness (on a non-consolidated, parent-company-only basis) minus the amount of any Junior Subordinated Debentures to (b) stockholder’s equity (on a non-consolidated, parent-company-only basis, as determined in accordance with GAAP) at no more than 35% at all times, measured quarterly and derived from the financial statements filed by Borrower with its primary federal regulator, which are consistent with the financial information and reports contemplated in Section 6 hereof.”
Debt to Equity. 23.10 The Borrower shall ensure that the ratio of Equity to the aggregate outstanding principal amount of the Loans at all times shall exceed 30 to 70.
Debt to Equity. Borrower will at no time permit or allow its Total Liabilities to be greater than fifty percent (50%) of its Total Stockholders’ Equity. Borrower’s compliance with this covenant shall be determined at the conclusion of each Calendar Quarter.
Debt to Equity. ‘Titan shall not exceed, as of the first full quarter following the closing of the Loan, and each quarter thereafter, a Debt to Equity Ratio of 4:1. Debt to Equity Ratio shall be defined as total liabilities of Titan as to member equity.
Debt to Equity. Borrower (on a non-consolidated, parent-company-only basis) shall maintain its ratio of (a) Indebtedness (on a non-consolidated, parent-company-only basis) minus the portion of trust preferred securities (which are reflected on Borrower's balance sheet as "Guaranteed preferred beneficial interest in the 9 3/4% junior subordinated debentures due 2032 of Xxxxxx Capital Group, Inc.") that qualify and are included in Borrower's Tier 1 Capital to (b) stockholder's equity (on a non-consolidated, parent-company-only basis, as determined in accordance with GAAP) at no more than 30% at all times, measured quarterly and derived from the financial statements filed by Borrower with its primary federal regulator, which are consistent with the financial information and reports contemplated in Section 6 hereof.
Debt to Equity. The Issuer shall ensure that, at the end of each Quarterly Period set out in the first column of the table below, Opco Total Debt does not exceed Opco Total Equity by the number of times set out against such date in the second column of the table below. Quarterly Period ending Debt to Equity Ratio 31 March 2008 2.5 times 30 June 2008 and thereafter 2 times
Debt to Equity. Debt to Equity $150,000 Common Shares Issued ............ 22,010 -- 48,527 163,466 Price Per Share ................. $ 0.83 -- $ 0.83 -- Warrant ......................... -- -- -- -- Strike Price .................... -- -- Conversion -- Expiration Date ................. -- -- Rate of -- Warrant ......................... -- -- 09/17/1999 55,417 Strike Price .................... -- -- Changed -- Expiration Date ................. -- -- From $2.66 -- Class C Warrants ................ -- -- to $.83. 9,091 Strike Price .................... -- -- (See Board -- Expiration Date ................. -- -- Minutes of -- Class D Warrants ................ -- -- 1/21/00.) 9,091 Strike Price .................... -- -- -- -- Expiration Date ................. -- -- -- -- Biofund, Inc. CD Collateral Loan -- $ 25,000 -- $ 25,000 Biofund, Inc. Shares Owned ...... -- 25 -- 25 Field, Xxxxxxx X. Summary of Investments & Holdings in Epigen, Inc. & Biofund, Inc.
