Maximum Recourse Leverage. The ratio of Total Recourse Funded Debt to Tangible Net Worth of ePlus inc. and its Subsidiaries on a consolidated basis will not at any time exceed 3.00:1.
Appears in 2 contracts
Sources: Credit Agreement (Eplus Inc), Credit Agreement (Eplus Inc)
Maximum Recourse Leverage. The ratio of Total Recourse Funded Debt to Tangible Net Worth of ePlus inc. and its Subsidiaries on a consolidated basis will not at any time exceed 3.00:1.. Calculation:
Appears in 2 contracts
Sources: Credit Agreement (Eplus Inc), Credit Agreement (Eplus Inc)