Consolidated Funded Debt to Consolidated Tangible Net Worth definition

Consolidated Funded Debt to Consolidated Tangible Net Worth means, with respect to Regional Management, as of any day the ratio of its Funded Debt (excluding all obligations under capital leases) to its Consolidated Tangible Net Worth.
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Consolidated Funded Debt to Consolidated Tangible Net Worth means, with respect to Regional Management, as of any day the ratio of its Funded Debt to its Consolidated Tangible Net Worth.
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Consolidated Funded Debt to Consolidated Tangible Net Worth ratio provided for in Section 8.4 of the Senior Revolver and (iii) Regional Management on a consolidated basis has unrestricted cash and unrestricted Cash Equivalents of not less than $2,000,000.
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Examples of Consolidated Funded Debt to Consolidated Tangible Net Worth in a sentence

  • Borrowers will not allow the ratio of Consolidated Funded Debt to Consolidated Tangible Net Worth to be more than .9 to 1.0 as of the end of any fiscal quarter.

  • Guarantors will not allow the ratio of Consolidated Funded Debt to Consolidated Tangible Net Worth to be more than .9 to 1.0 as of the end of any fiscal quarter.

  • As of the last day of each calendar month, Regional Management shall not permit the ratio, for Regional Management, of Consolidated Funded Debt to Consolidated Tangible Net Worth to exceed 5.0:1.0.

  • As of the last day of each calendar month, Regional Management shall not permit the ratio, for Regional Management, of Consolidated Funded Debt to Consolidated Tangible Net Worth to exceed 5.25:1.0.

  • The ratio of Consolidated Funded Debt to Consolidated Tangible Net Worth shall not be more than .80 to 1.00 at December 31, 1997.

  • As of the last day of each calendar month, Regional Management shall not permit the ratio, for Regional Management, of Consolidated Funded Debt to Consolidated Tangible Net Worth to exceed 4.50:1.0.

  • The Borrowers will not permit, at any time, the ratio of Consolidated Funded Debt to Consolidated Tangible Net Worth to be more than 3.75:1.00.

  • Permit the ratio of Consolidated Funded Debt to Consolidated Tangible Net Worth to exceed 1.25 to 1.00.

  • The Company will not permit the ratio of Consolidated Funded Debt to Consolidated Tangible Net Worth, determined as of the end of each of its fiscal quarters to be greater than 0.15 to 1.0.

  • The Borrower will as at the end of each fiscal -------------- quarter keep and maintain the ratio of Consolidated Funded Debt to Consolidated Tangible Net Worth at not greater than 3.25 to 1.00.

Related to Consolidated Funded Debt to Consolidated Tangible Net Worth

  • Consolidated Tangible Net Worth means, as of any date of determination, for the Borrower and its Subsidiaries on a consolidated basis, Shareholders’ Equity of the Borrower and its Subsidiaries on that date minus the Intangible Assets of the Borrower and its Subsidiaries on that date.

  • Consolidated Funded Indebtedness means, as of any date of determination with respect to the MLP and its Subsidiaries on a consolidated basis, without duplication, the sum of: (a) all obligations for borrowed money (including the Obligations) and all obligations evidenced by bonds, debentures, notes, loan agreements or other similar instruments; (b) the maximum amount available to be drawn under letters of credit (including standby and commercial), bankers’ acceptances, bank guaranties, surety bonds and similar instruments; (c) all obligations in respect of the deferred purchase price of property or services (other than trade accounts payable in the ordinary course of business); (d) indebtedness (excluding prepaid interest thereon) secured by a Lien on property owned or being purchased by the MLP or a Subsidiary (including indebtedness arising under conditional sales or other title retention agreements), whether or not such indebtedness shall have been assumed by the MLP or such Subsidiary or is limited in recourse; (e) all Attributable Indebtedness; (f) all obligations to purchase, redeem, retire, defease or otherwise make any payment prior to the Maturity Date in respect of any Equity Interests or any warrant, right or option to acquire such Equity Interest, valued, in the case of a redeemable preferred interest, at the greater of its voluntary or involuntary liquidation preference plus accrued and unpaid dividends; (g) all Guarantees with respect to Indebtedness of the types specified in clauses (a) through (f) above of another Person; and (h) all Indebtedness of the types referred to in clauses (a) through (g) above of any partnership or joint venture (other than a joint venture that is itself a corporation or limited liability company) in which any Loan Party or any Subsidiary is a general partner or joint venturer, except to the extent that Indebtedness is expressly made non-recourse to such Person.