Ratio of Total Liabilities to Tangible Net Worth. The Borrower will not permit the ratio of Consolidated Total Liabilities to Consolidated Tangible Net Worth to exceed 0.95:1.00 at any time.
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Ratio of Total Liabilities to Tangible Net Worth. The Borrower Borrowers will not permit the ratio of Consolidated Total Liabilities to Consolidated Tangible Net Worth to exceed 0.95:1.00 at any timebe more than 0.60 to 1.0 during the term of this Agreement.
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Sources: Credit Agreement (Adams Golf Inc)