Tier 1
Tier 1. A Relevant Consolidated Leverage Ratio that is less than or equal to 6.50:1 (unless the Company made a Restricted Payment during the calendar month ending on the date as of which such Relevant Consolidated Ratio was determined, in which case it means a Relevant Consolidated Leverage Ratio that is less than or equal to 5.50:1).
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Found in
loanDepot, Inc. contract