Debt to Total Assets Ratio Clause Samples

The Debt to Total Assets Ratio clause defines a financial covenant that measures the proportion of a company's total debt relative to its total assets. In practice, this clause typically requires the borrower to maintain this ratio below a specified threshold, ensuring that the company does not become excessively leveraged. By setting this limit, the clause helps protect lenders by reducing the risk of default due to over-borrowing and maintaining the financial stability of the borrower.
Debt to Total Assets Ratio. The Borrower will not permit the Secured Debt Amount to exceed 15% of the Value of total assets of the Borrower and its Subsidiaries, determined on a consolidated basis, in accordance with GAAP, immediately after giving effect to the incurrence of any Secured Longer-Term Indebtedness and Secured Shorter-Term Indebtedness by an Obligor and each Borrowing (including each issuance, amendment, renewal or extension of a Letter of Credit hereunder) that would result in the aggregate Revolving Credit Exposure exceeding $260,000,000.
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Debt to Total Assets Ratio. Prior to the Commitment Termination Date, the Borrower will not permit the Secured Debt Amount at the last day of any fiscal quarter of the Borrower to exceed 40% of the value of all assets, determined on an unconsolidated basis, in accordance with GAAP.
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Debt to Total Assets Ratio. Borrower shall at all times maintain a Consolidated Debt to Total Assets Ratio of not greater than 0.60:1.00.
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Debt to Total Assets Ratio. Borrower shall at all times maintain a ratio of Consolidated Debt to Consolidated Total Assets of not greater than 0.625 to 1.000, which ratio shall be tested as of the last day of each fiscal quarter. For purposes of computing this ratio, the terms Consolidated Debt and Consolidated Total Assets shall not be deemed to include any assets or liabilities required to be shown on the books of Alico as a result of the Terra Land Sale.
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Debt to Total Assets Ratio. The Borrower will not permit the Secured Debt Amount to exceed 30% of the Value of total assets of the Borrower and its Subsidiaries, determined on a consolidated basis, in accordance with GAAP, at any time.
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Related to Debt to Total Assets Ratio

  • Funded Debt to EBITDA Ratio To maintain on a consolidated basis a ratio of Funded Debt to EBITDA not exceeding 3.0:1.0.

  • Total Debt to EBITDA Ratio Not permit the Total Debt to EBITDA Ratio as of the last day of any Computation Period to exceed 3.25 to 1.00.

  • Debt to EBITDA Ratio Maintain, as of the end of each fiscal quarter, a ratio of (i) Debt, excluding Debt in respect of Hedge Agreements, as of such date to (ii) Consolidated EBITDA of the Company and its Consolidated Subsidiaries for the period of four fiscal quarters most recently ended, of not greater than 4.0 to 1.0.

  • Maximum Consolidated Leverage Ratio The Consolidated Leverage Ratio at any time may not exceed 0.75 to 1.00; and

  • Consolidated Total Leverage Ratio As of the last day of any fiscal quarter, permit the Consolidated Total Leverage Ratio to be greater than 3.00 to 1.00.