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

Total Liabilities to Tangible Net Worth. To maintain on an unconsolidated basis a ratio of total liabilities to tangible net worth not exceeding 1.25:1.0.

Appears in 1 contract

Samples: Loan Agreement (Farr Co)

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Total Liabilities to Tangible Net Worth. To maintain on an unconsolidated a consolidated basis a ratio of total liabilities excluding minority interest, to tangible net worth not exceeding 1.25:1.01.00:1.00.

Appears in 1 contract

Samples: Business Loan Agreement (Salick Health Care Inc)

Total Liabilities to Tangible Net Worth. To [With respect to the Borrowers on a consolidated basis, ]to maintain on an unconsolidated basis a ratio of total liabilities to tangible net worth not exceeding 1.25:1.0[1.25:1.00.]

Appears in 1 contract

Samples: Business Loan Agreement (Ashworth Inc)

Total Liabilities to Tangible Net Worth. To maintain on an unconsolidated basis a ratio of total liabilities to tangible net worth not exceeding 1.25:1.00.75:1.0.

Appears in 1 contract

Samples: Sunrise Telecom Inc

Total Liabilities to Tangible Net Worth. To maintain on an unconsolidated basis Maintain a ratio of total liabilities Consolidated Total Liabilities to tangible net worth Consolidated Tangible Net Worth of not exceeding 1.25:1.0greater than 2.50 to 1.00.

Appears in 1 contract

Samples: Credit Facility Agreement (Speizman Industries Inc)

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Total Liabilities to Tangible Net Worth. To maintain on an unconsolidated basis a ratio of total liabilities to tangible net worth not exceeding 1.25:1.0.1.1:1.0

Appears in 1 contract

Samples: Note Purchase Agreement (Gardenburger Inc)

Total Liabilities to Tangible Net Worth. To maintain on an unconsolidated a consolidated basis a ratio of total liabilities to tangible net worth not exceeding 1.25:1.00.51.0.

Appears in 1 contract

Samples: Business Loan Agreement (Variflex Inc)

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