Maximum Leverage. Seller shall at all times maintain a ratio of its Total Liabilities to Tangible Net Worth of less than 12:1.
Appears in 3 contracts
Samples: Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (loanDepot, Inc.), loanDepot, Inc.
Maximum Leverage. Seller shall at all times maintain a ratio of its Total Liabilities total assets to Tangible Net Worth of less than 12:1.
Appears in 2 contracts
Samples: Master Repurchase Agreement (loanDepot, Inc.), loanDepot, Inc.