Financial Parameters. On the basis of its audited annual financial statements (local GAAP), the Borrower is obliged to meet the following Financial Parameters: a. Stockholders Equity: the Borrower will not, at any time, permit the ratio of (i) Stockholders Equity to (ii) non-current assets to be less than 30%.
Appears in 2 contracts
Sources: Loan Agreement (Oiltanking Partners, L.P.), Loan Agreement (Oiltanking Partners, L.P.)