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

Ratio of Total Liabilities to Tangible Net Worth. The Borrower will not permit the ratio of (i) Total Liabilities to (ii) Tangible Net worth to exceed 1.00 to 1.00 as of the Effective Date of this Amendment and as of the end of each fiscal quarter thereafter.

Ratio of Total Liabilities to Tangible Net Worth. The Borrower will not permit permit, and will cause its Subsidiaries not to permit, the ratio of (i) Total Liabilities to (ii) Tangible Net worth to exceed 1.00 to 1.00 as of the Effective Date of this Amendment and as of Worth at the end of each any fiscal quarter thereafterending after the date hereof to be greater than 2.0 to 1.