Common use of Gearing Clause in Contracts

Gearing. The Company must ensure that Consolidated Total Borrowings do not at any time exceed 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 100 150 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 100 80 per cent. of Consolidated Tangible Net Worth at that time.

Appears in 1 contract

Sources: Credit Facility Agreement (Baidu, Inc.)