Debt to Net Worth. Commencing on October 31, 2016, maintain a Debt to Net Worth Ratio of not greater than 1.50:1.00 measured at the end of each Fiscal Quarter.
Debt to Net Worth. Permit the ratio of the Originator's consolidated ----------------- Debt to its Tangible Net Worth to exceed the Permitted Debt to Tangible Net Worth Ratio at any time.
Debt to Net Worth. Suffer or permit the ratio of the Total Liabilities of Borrower and its Subsidiaries to Tangible Net Worth to be greater than 1 to 1 at any time.
Debt to Net Worth. Maintain on a quarterly basis a consolidated ratio of total liabilities to Net Worth of not greater than 2.00:1.00 Except as provided above, the Agreement remains unchanged.
Debt to Net Worth. Permit the Leverage Ratio, as of any Fiscal Quarter ending on or after March 31, 2000, to be greater than the ratio set forth below opposite the period during which such Fiscal Quarter ends: Leverage Period Ratio ------ ----- March 31, 2000 2.15: 1.00 through December 31, 2001 January 1, 2002 2.00: 1.00 and thereafter
Debt to Net Worth. Permit the ratio of the Company’s consolidated Debt to its Tangible Net Worth to exceed the Permitted Debt to Net Worth Ratio at any time.
Debt to Net Worth. Borrower shall maintain a ratio of Indebtedness to Net Worth of not greater than (i) 10.5 to 1.0 at all times from and after the date hereof through and including December 30, 1997, and (ii) 10.0 to 1.0 at all times from and after December 31, 1997; and EBITDA Borrower shall maintain EBITDA of not less than (i) One Million Three Hundred Thousand Dollars ($1,300,000) at all times from and after the date hereof through and including December 30, 1997, and (ii) One Million Five Hundred Thousand Dollars ($1,500,000) at all times from and after December 31, 1997. EBITDA shall be measured as of the last day of each calendar month over a period consisting of the preceding twelve (12) months (i.e., on a rolling, 12-month basis).
Debt to Net Worth. Borrower shall maintain a ratio of Indebtedness to Net Worth of not greater than 20.0 to 1.0 as of January 31, 1996, and of not greater than 14.0 to 1.0 as of January 31 of each year thereafter (the "Debt to Net Worth Covenant"); and
Debt to Net Worth. Maintain on a monthly basis a ratio of total liabilities to Net Worth of not greater than 1.3:1.0.
Debt to Net Worth. LD shall, on the last day of each of the periods set forth below, maintain the ratio of (i) total liabilities to Book Net Worth, at a ratio which is greater than or equal to the ratio set forth opposite such period: Period Ratio Three months ending September 30, 1996 0.18 to 1 Six months ending December 31, 1996 0.24 to 1 Nine months ending March 31, 1997 0.32 to 1 Twelve months ending June 30, 1997 0.25 to 1 Prior to June 30, 1997, the Borrowers and the Lender shall negotiate in good faith as to the ratios that LD shall be required to maintain for periods after such date, but if the Borrowers and the Lender do not agree, the Lender may designate the required ratios in its sole discretion, and the failure by LD to maintain the designated ratios shall be a default hereunder.
