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

Total Liabilities to Tangible Net Worth. To maintain on a consolidated basis a ratio of total liabilities (excluding subordinated liabilities) to tangible net worth not exceeding 0.

Appears in 1 contract

Sources: Business Loan Agreement (Pacific Sunwear of California Inc)

Total Liabilities to Tangible Net Worth. To maintain on a consolidated an unconsolidated basis a ratio of total liabilities (excluding subordinated liabilities) to tangible net worth not exceeding 01.25:1.

Appears in 1 contract

Sources: Business Loan Agreement (Farr Co)

Total Liabilities to Tangible Net Worth. To maintain on a consolidated basis a ratio of total liabilities (excluding subordinated liabilities) to tangible net worth not exceeding 00.51.

Appears in 1 contract

Sources: Business Loan Agreement (Variflex Inc)

Total Liabilities to Tangible Net Worth. To maintain on a consolidated basis a ratio of total liabilities (excluding subordinated liabilities) to tangible net worth not exceeding 00.75:1.

Appears in 1 contract

Sources: Business Loan Agreement (Sunrise Telecom Inc)

Total Liabilities to Tangible Net Worth. To maintain on a consolidated basis Maintain a ratio of total liabilities (excluding subordinated liabilities) Consolidated Total Liabilities to tangible net worth Consolidated Tangible Net Worth of not exceeding 0greater than 2.50 to 1.00.

Appears in 1 contract

Sources: Credit Facility Agreement (Speizman Industries Inc)

Total Liabilities to Tangible Net Worth. To maintain on a consolidated basis a ratio of total liabilities Total Liabilities (excluding subordinated liabilitiesSubordinated Liabilities) to tangible net worth Tangible Net Worth not exceeding 00.80:1.

Appears in 1 contract

Sources: Business Loan Agreement (Pacific Sunwear of California Inc)

Total Liabilities to Tangible Net Worth. To maintain on a consolidated basis a ratio of total liabilities (excluding subordinated liabilities) to tangible net worth not exceeding 01.

Appears in 1 contract

Sources: Note Purchase Agreement (Gardenburger Inc)

Total Liabilities to Tangible Net Worth. To maintain [With respect to the Borrowers on a consolidated basis basis, ]to maintain a ratio of total liabilities (excluding subordinated liabilities) to tangible net worth not exceeding 0[1. 25:1. 00.]

Appears in 1 contract

Sources: Business Loan Agreement (Ashworth Inc)

Total Liabilities to Tangible Net Worth. To maintain on a consolidated basis a ratio of total liabilities (excluding subordinated liabilities) to tangible net worth ("Debt/TNW Ratio") not exceeding 00.75:1.

Appears in 1 contract

Sources: Business Loan Agreement (Sunrise Telecom Inc)

Total Liabilities to Tangible Net Worth. To maintain on a consolidated basis a ratio of total liabilities (excluding subordinated liabilities) minority interest, to tangible net worth not exceeding 01.00:1.

Appears in 1 contract

Sources: Business Loan Agreement (Salick Health Care Inc)