Common use of Double Leverage Clause in Contracts

Double Leverage. Permit at any time the ratio of (a) the sum of the Equity Investment in the Subsidiaries and the Intangibles of the Borrower to (b) Consolidated Net Worth to be more than 1.30 to 1.

Appears in 1 contract

Sources: Credit Facility Agreement (National City Corp)

Double Leverage. Permit at any time the ratio of (a) the sum of the Equity Investment in the Subsidiaries and the Intangibles of the Borrower to (b) Consolidated Net Worth to be more than 1.30 to 1.. Credit Agreement ---------------- 53

Appears in 1 contract

Sources: Credit Agreement (National City Corp)