Debt to Tangible Net Worth Ratio. The ratio of Consolidated Debt to Consolidated Tangible Net Worth will at no time exceed 1.00 to 1.00.
Debt to Tangible Net Worth Ratio. Maintain, at all times, a Debt-to-Tangible Net Worth Ratio of not more than 0.50 to 1.00.
Debt to Tangible Net Worth Ratio. Permit the ratio of Debt (excluding, for this purpose only, Debt arising under the Hedging Arrangements, to the extent of assets arising under the same Hedging Arrangements) to Tangible Net Worth of the Company (and its Subsidiaries, on a consolidated basis) at any time to exceed (i) from the Closing Date, to and including December 30, 1999, 20 to 1; and (ii) from and after December 31, 1999, 17 to 1.
Debt to Tangible Net Worth Ratio. (Section 5.9(c)). On the Computation Date, the Debt to Tangible Net Worth Ratio, which is required to be not more than 10.00 to 1.00, was _____ to 1.00, as computed in the supporting documents attached hereto as Schedule 3.
Debt to Tangible Net Worth Ratio. Maintain a global Debt to Tangible Net Worth Ratio of not more than 3.00 to 1.00, to be measured on a quarterly basis, commencing September 30, 2009. As used herein “Debt to Tangible Net Worth Ratio” shall be defined as the consolidated: (1) (A) Total Liabilities of each Borrower, minus (B) Subordinated Debt, divided by (2) (A) Net Worth, plus (B) Subordinated Debt, plus (C) Intangibles, minus (D) Related Party Receivables.
Debt to Tangible Net Worth Ratio. On a consolidated basis with its subsidiaries, Borrower shall maintain at all times a ratio of Total Liabilities to Tangible Net Worth of not more than 1.25 to 1.00.
Debt to Tangible Net Worth Ratio. Borrower shall maintain as of the end of each month, a ratio of Indebtedness to Tangible Net Worth equal to or less than (i) 3.5 to 1 for the period commencing the date of this Agreement and ending December 31, 2002 and (ii) 3.0 to 1 thereafter.
Debt to Tangible Net Worth Ratio. The Borrower shall achieve a ratio of Debt (exclusive of Subordinated Debt) to Tangible Net Worth as of July 31, 1997 of not more than 2.25 to 1 and as of the end of Borrower's fiscal year ended January 1998 of not more than 2.00 to 1.
Debt to Tangible Net Worth Ratio. Borrower shall maintain, on a consolidated basis, a ratio of Debt to Tangible Net Worth of not more than (a) 3.70 to 1 as at the fiscal quarters ending April 30, 2000, July 31, 2000, October 31, 2000 and January 31, 2001; (b) 3.10 to 1 as at the fiscal quarters ending April 30, 2001, July 31, 2001, October 31, 2001 and January 31, 2002; and (c) 2.60 to 1 as at the fiscal quarters ending April 30, 2002 and thereafter. As used herein, "Debt" shall mean, on a consolidated basis, all liabilities of Borrower as determined and computed in accordance with GAAP other than Senior Unsecured Debt, Subordinated Debt, and for clarification purposes only, minority interests.
Debt to Tangible Net Worth Ratio. Permit the ratio of Debt (excluding, for this purpose only, (i) Debt arising under the Hedging Arrangements, to the extent of assets arising under the same Hedging Arrangements and (ii) Debt, other than any related Term Loan Advances, associated with any Securitization Transaction for which Borrower seeks and obtains financing treatment under FASB 140) to Tangible Net Worth of the Company (and its Subsidiaries, on a consolidated basis) at any time to exceed 11 to 1.
