Common use of Section 17 Clause in Contracts

Section 17. 13. The ratio of the Seller’s to Total Liabilities to Adjusted Tangible Net Worth of the Seller on a consolidated basis with their Subsidiaries, measured monthly is to 1.0 (the maximum ratio under Section 17.13 is 12.0:1.0.) Leverage Ratio Total Liabilities (excluding Qualified Subordinated Debt, but including off-balance sheet liabilities): $ Adjusted Tangible Net Worth: $ LEVERAGE RATIO: to 1.0

Appears in 2 contracts

Samples: Master Repurchase Agreement (Sirva Inc), Master Repurchase Agreement (Sirva Inc)

AutoNDA by SimpleDocs

Section 17. 13. The ratio of the Seller’s to Total Liabilities to Adjusted Tangible Net Worth of the Seller on a consolidated basis with their its Subsidiaries, measured monthly is ___ to 1.0 (the maximum ratio under Section 17.13 is 12.0:1.08.00:1.00.) Leverage Ratio Total Liabilities (excluding Qualified Subordinated Debt, but including off-balance sheet liabilities): $ ____________ Adjusted Tangible Net Worth: $ ____________ LEVERAGE RATIO: to 1.0_____ To 1

Appears in 1 contract

Samples: Master Repurchase Agreement (MDC Holdings Inc)

AutoNDA by SimpleDocs

Section 17. 13. The ratio of the Seller’s to Total Liabilities to Adjusted Tangible Net Worth of the Seller on a consolidated basis with their its Subsidiaries, measured monthly is ___ to 1.0 (the maximum ratio under Section 17.13 is 12.0:1.08.00:1.00.) Leverage Ratio Total Liabilities (excluding Qualified Subordinated Debt, but including off-balance sheet liabilities): $ Adjusted Tangible Net Worth: $ LEVERAGE RATIO: to 1.0_____To 1

Appears in 1 contract

Samples: Master Repurchase Agreement (MDC Holdings Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.