Common use of Gearing Clause in Contracts

Gearing. The Company must ensure that Consolidated Total Borrowings do not at any time exceed 35 per cent. of Consolidated Tangible Net Worth at that time.

Appears in 1 contract

Sources: Credit Facility Agreement (Converium Holding Ag)

Gearing. The Company must ensure that Consolidated Total Net Borrowings do not at any time exceed 35 100 per cent. of Consolidated Tangible Net Worth at that time.

Appears in 1 contract

Sources: Partnership Agreement (Centex Development Co Lp)

Gearing. The Company must ensure that Consolidated Total Borrowings do not at any time exceed 35 100 per cent. of Consolidated Tangible Net Worth at that time.

Appears in 1 contract

Sources: Facility Agreement (Baidu, Inc.)

Gearing. The Company must ensure that Consolidated Total Borrowings do not at any time exceed 35 150 per cent. of Consolidated Tangible Net Worth Total Equity at that time.

Appears in 1 contract

Sources: Facility Agreement (eHi Car Services LTD)

Gearing. The Company must ensure that Consolidated Total Borrowings do not at any time exceed 35 80 per cent. of Consolidated Tangible Net Worth at that time.

Appears in 1 contract

Sources: Credit Facility Agreement (Baidu, Inc.)