Tangible Equity Ratio definition

Tangible Equity Ratio means the ratio of (a) the Borrower's GAAP tangible equity to (b) its GAAP tangible assets.
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Tangible Equity Ratio means the ratio on a Group level of total equity (including minority interests) less intangible assets to total assets less intangible assets, in each case calculated on a consolidated Group level in accordance with GAAP as set out in the latest Financial Statement or Interim Accounts (as the case may be).
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Tangible Equity Ratio means, as of any date, the quotient obtained by dividing Tangible Equity by Tangible Assets.
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Examples of Tangible Equity Ratio in a sentence

  • The Company shall not permit the Company's Debt to Tangible Equity Ratio to exceed 2.1 to 1, calculated as of the end of each quarterly period in each fiscal year.

  • The Borrower will not permit at any time its Tangible Equity Ratio to be less than 3.50 to 1.00.

  • When and as approved by the Board of Directors, Cash Available for Distribution shall be distributed to the Members in proportion to the number of Units held during the Fiscal Period to which the distribution relates, provided, however, unless Unanimous Consent of the Members is obtained, the Company shall not make a distribution other than Tax Distributions such that the Tangible Equity Ratio is reduced below 10:1.


More Definitions of Tangible Equity Ratio

Tangible Equity Ratio means the ratio of all Company assets on the financial statements to the tangible equity.
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Related to Tangible Equity Ratio

  • Equity Ratio means the ratio of Equity to Total Assets.

  • Debt to Equity Ratio means the ratio of the value of liabil- ities to equity, calculated according to s. 126.58 (6) (c) 2.

  • Adjusted Leverage Ratio means, on any date of determination, the ratio of (i) Adjusted Liabilities to (ii) Tangible Net Worth.

  • Adjusted Consolidated Net Tangible Assets means (without duplication), as of the date of determination, the remainder of:

  • Consolidated Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Funded Indebtedness as of such date to (b) Consolidated EBITDA for the period of the four fiscal quarters most recently ended.