Common use of Debt to Tangible Net Worth Clause in Contracts

Debt to Tangible Net Worth. Borrower shall have and maintain a Debt to Tangible Net Worth Ratio, on a consolidated basis, measured quarterly at the end of each Fiscal Quarter, not to exceed: 2.50:1 as of Fiscal Quarter end December, 1998 and for each Fiscal Quarter end thereafter.

Debt to Tangible Net Worth. Borrower shall have and maintain a Debt to Tangible Net Worth Ratio, Ratio on a consolidated basis, basis measured quarterly at the end of each Fiscal Quarter, Quarter not to exceed: 2.50:1 3.60 as of Fiscal Quarter end DecemberMarch, 1998 1996 and Fiscal Quarter end June, 1996; 3.50 as of Fiscal Quarter end September, 1996; 3.50 as of December 28, 1996 and for each of Borrower's next three Fiscal Quarters; 3.00 as of Borrower's Fiscal Year End December 1997; and 2.60:1 for each Fiscal Quarter end thereafter.. (f)

Debt to Tangible Net Worth. Borrower shall have and maintain a Debt to Tangible Net Worth Ratio, on a consolidated basis, measured quarterly at the end of each Fiscal Quarter, not to exceed: 3.50:1 as of Fiscal Quarter end December, 1997; 3.25:1 as of Fiscxx Xxxxxxx xxx Xxxxx, 0000; 0.00:1 as of Fiscal Quarter end June, 1998; 2.75:1 as of Fiscal Quarter end September, 1998; 2.50:1 as of Fiscal Quarter end December, 1998 and for each Fiscal Quarter end thereafter.

Debt to Tangible Net Worth. Borrower shall have and maintain a Debt to Tangible Net Worth Ratio, Ratio on a consolidated basis, basis measured quarterly at the end of each Fiscal Quarter, Quarter not to exceed: 2.50:1 3.60 as of Fiscal Quarter end March, 1996 and Fiscal Quarter end June, 1996; 3.50 as of Fiscal Quarter end September, 1996; 3.50 as of Borrower's Fiscal Year End December, 1998 1996 and for each of Borrower's next three Fiscal Quarters; 3.00 as of Borrower's Fiscal Year End December 1997, and for each Fiscal Quarter end and Fiscal Year End thereafter.