Land Components. The Borrower shall not permit Land Value to exceed, at any one time, one hundred forty-five percent (145%) of Tangible Net Worth.
Appears in 2 contracts
Samples: Credit Agreement (LGI Homes, Inc.), Credit Agreement (LGI Homes, Inc.)
Land Components. The Borrower shall not permit Land Value to exceed, at any one time, one hundred forty-five thirty percent (145130%) of Tangible Net Worth.
Appears in 1 contract
Samples: Credit Agreement (LGI Homes, Inc.)
Land Components. The Borrower shall not permit Land Value to exceed, at any one time, one hundred forty-five thirty percent (145130%) of Tangible Net WorthWorthReserved.
Appears in 1 contract
Samples: Credit Agreement (LGI Homes, Inc.)