Common use of Ratio of Total Liabilities to Tangible Net Worth Clause in Contracts

Ratio of Total Liabilities to Tangible Net Worth. The Borrowing Group shall maintain at all times a ratio of Total Liabilities to Tangible Net Worth of not more than 6 to 1.

Appears in 4 contracts

Sources: Loan and Security Agreement (Emergent Group Inc), Loan and Security Agreement (Emergent Group Inc), Loan and Security Agreement (Emergent Group Inc)

Ratio of Total Liabilities to Tangible Net Worth. The Borrowing Group Borrower shall maintain at all times a ratio of Total Liabilities to Tangible Net Worth of not more than 6 4 to 1.

Appears in 1 contract

Sources: Loan and Security Agreement (Homegold Financial Inc)

Ratio of Total Liabilities to Tangible Net Worth. The Borrowing Group Borrower shall maintain at all times a ratio of Total Liabilities to Tangible Net Worth of not more than 6 to 1.

Appears in 1 contract

Sources: Loan and Security Agreement (Emergent Group Inc)

Ratio of Total Liabilities to Tangible Net Worth. The Borrowing Group Borrower shall maintain at all times a ratio of Total Liabilities to Tangible Net Worth of not more than 6 3 to 1.

Appears in 1 contract

Sources: Loan and Security Agreement (Emergent Group Inc)