Tangible Net Worth Ratio definition

Tangible Net Worth Ratio means the ratio of (a) the Total Liabilities of SBAC and its Subsidiaries on a consolidated basis to (b) the Tangible Net Worth of SBAC and its Subsidiaries on a consolidated basis.
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Tangible Net Worth Ratio shall have the meaning provided in Section 5.2 of this Guaranty.
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Tangible Net Worth Ratio means, as of any date, the ratio of (a) the Total Liabilities as of such date to (b) the sum of (i) Tangible Net Worth as of such date and (ii) Financial Subordinated Debt as of such date.
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Examples of Tangible Net Worth Ratio in a sentence

  • The ratio of the Liabilities to Adjusted Tangible Net Worth Ratio as of the last day of the month ended ________________________ is ___ to 1.0 (the maximum ratio under Section 16.18(b) is 8.0:1.0).

  • Borrower shall not permit the Leverage (Debt to Tangible Net Worth Ratio) to be greater than 2.00 to 1.00 at any time.

  • Borrower will maintain at all times a ratio of total liabilities to tangible net worth, determined under consistently applied generally accepted accounting principles, of (Total Liabilities to Tangible Net Worth Ratio) or less.

  • Starting with the Computation Period ending on March 31, 2022, not permit the Total Recourse Debt to Consolidated Tangible Net Worth Ratio for any Computation Period to exceed 4.50 to 1.00.

  • Fail to maintain at the end of each Fiscal Quarter, beginning with the Fiscal Quarter ending March 31, 2015, a Senior Debt to Tangible Net Worth Ratio of not more than 2.50 to 1.


More Definitions of Tangible Net Worth Ratio

Tangible Net Worth Ratio means, at any date, the ratio of (i) the total liabilities of the Borrower and the Subsidiary Guarantors determined on a consolidated basis on such date, to (ii) Tangible Net Worth
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Tangible Net Worth Ratio means, at any date, the
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Tangible Net Worth Ratio means, at any date, the ------------------------ ratio of (i) the total liabilities of the Borrower and its Subsidiaries determined on a consolidated basis on such date, to (ii) Tangible Net Worth on such date.
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Tangible Net Worth Ratio means the aggregate of all obligations outstanding under this Agreement divided by Tangible Net Worth.
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Tangible Net Worth Ratio. Borrower shall maintain a ratio of total liabilities to tangible net worth of not more than 0.50 to 1. Profitability Borrower shall not incur a loss (after taxes) for the fiscal quarter ending June 30, 1992 in excess of $750,000, nor shall Borrower incur a loss (after taxes) for the fiscal quarter ending September 30, 1992 in excess of $250,000, nor shall Borrower incur a loss (after taxes) for any subsequent fiscal quarter.
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Tangible Net Worth Ratio shall have the meaning provided in Section 7.19.
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Tangible Net Worth Ratio means the ratio of (a) Borrowers' Total Liabilities on a consolidated basis, to (b) Borrowers' Effective Tangible Net Worth on a consolidated basis.
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