Funded Debt to Total Capitalization Ratio definition

Funded Debt to Total Capitalization Ratio means the ratio of (i) Consolidated Funded Debt to (ii) the sum of Consolidated Funded Debt plus Consolidated Stockholders' Equity.
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Funded Debt to Total Capitalization Ratio means with respect to the Borrower and its Restricted Subsidiaries on a consolidated basis as of any date of calculation, the ratio of (a) Funded Debt of the Borrower and its Restricted Subsidiaries on a consolidated basis on the last day of such period to (b) Total Capitalization on the last day of such period.
Sample 1
Funded Debt to Total Capitalization Ratio means, as of the end of any fiscal quarter of Borrower, the ratio of (a) Consolidated Funded Debt to (b) the sum of (i) Consolidated Net Worth, plus (ii) Consolidated Funded Debt, in each case as of such time.
Sample 1

Examples of Funded Debt to Total Capitalization Ratio in a sentence

  • Xxxxxxx agrees that his obligations contained in this Section shall survive the termination of Xxxxxxx’s employment with the Company, whether such termination is voluntary or involuntary.

  • The Consolidated Funded Debt to Total Capitalization Ratio will not at any time exceed 50%.

  • The Consolidated Funded Debt to Total Capitalization Ratio will not at any time exceed 60%.

  • Borrower shall not permit the Senior Consolidated Funded Debt to Total Capitalization Ratio at the end of any fiscal quarter of Borrower to be greater than .55 to 1.0.

  • The Company agrees that it will not permit its Funded Debt to Total Capitalization Ratio to be greater than 0.55 to 1.00, as of the end of each fiscal quarter of the Company.

  • Any change in the Applicable Margin with respect to any Eurodollar Rate Loan resulting from a change in the Funded Debt to Total Capitalization Ratio shall be effective as of the opening of business on the day of the change in the Funded Debt to Total Capitalization Ratio.

  • As of the last day of each fiscal quarter of the Borrower, Borrower shall not permit its Consolidated Funded Debt to Total Capitalization Ratio to be greater than .50 to 1.00.

  • Borrower shall not permit the Funded Debt to Total Capitalization Ratio at the end of any fiscal quarter of Borrower, beginning with its fiscal quarter ended December 31, 1996, to be greater than 0.45 to 1.00.

  • ACI must maintain at the end of each quarter of each of its financial years, on a consolidated basis, a Net Funded Debt to Total Capitalization Ratio of not more than 70% until December 31, 2007 and 65% thereafter.

  • During the Term, Tenant shall maintain on a consolidated basis an Adjusted Funded Debt to Total Capitalization Ratio of not greater than .60 to 1.00.


More Definitions of Funded Debt to Total Capitalization Ratio

Funded Debt to Total Capitalization Ratio as defined in paragraph 8.5.
Sample 1
Funded Debt to Total Capitalization Ratio means, as of any date of determination thereof, a ratio (a) the numerator of which shall be Funded Debt of the Borrower and its Subsidiaries and (b) the denominator of which shall be Total Capitalization of the Borrower and its Subsidiaries; provided that the Funded Debt and Total Capitalization of any VIE shall not be included in the calculation of such ratio, except with respect to any Funded Debt of such VIE that is guaranteed by the Borrower or any of its Subsidiaries.
Sample 1

Related to Funded Debt to Total Capitalization Ratio

  • Consolidated Capitalization Ratio on the last day of any fiscal quarter, the ratio of (a) Consolidated Total Indebtedness to (b) Consolidated Capital.

  • Total Capitalization means, at any date, the sum of (a) the aggregate amount of Indebtedness for Borrowed Money and (b) Net Worth of the Borrower and its consolidated Subsidiaries.

  • Capitalization Ratio means, at any date of determination, the ratio of (a) Funded Debt to (b) Capitalization.

  • Debt to Capitalization Ratio means, with respect to the Borrower, as of any date of determination, the ratio of (a) Total Debt for the Borrower as of such date to (b) Total Capitalization for the Borrower as of such date.

  • Consolidated Total Capitalization means the sum of Consolidated Net Worth and Consolidated Funded Debt.

  • Funded Debt to EBITDA Ratio means on any date the ratio of (a) Total Indebtedness to (b) EBITDA for the period of four consecutive Fiscal Quarters ended on such date (or, if such date is not the last day of a Fiscal Quarter, ended on the last day of the Fiscal Quarter most recently ended prior to such date).

  • Funded Debt Ratio means, as of the end of a quarter, the ratio of (A) Borrower’s consolidated obligations for borrowed money and obligations evidenced by bonds, debentures, notes, bills or other similar instruments to (B)

  • Total Debt to EBITDA Ratio means, as of the last day of any Fiscal Quarter, the ratio of (a) Total Debt as of that day minus the lesser of (i) Unrestricted Cash and (ii) $5,000,000 to (b) EBITDA for the Computation Period ending on that day.

  • Consolidated Total Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated Total Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA of the Borrower and its Restricted Subsidiaries for such Test Period.

  • Total Net Leverage Ratio means, as of any date of determination, the ratio, on a Pro Forma Basis, of (a) Consolidated Total Indebtedness as of such date to (b) Consolidated EBITDA for the most recently completed Test Period.

  • Consolidated Total Debt to Consolidated EBITDA Ratio means, as of any date of determination, the ratio of (a) Consolidated Total Debt as of the last day of the relevant Test Period to (b) Consolidated EBITDA for such Test Period.

  • Consolidated Total Leverage Ratio means, with respect to any Person as of any Applicable Calculation Date, the ratio of (x) Consolidated Total Indebtedness as of such date to (y) the aggregate amount of Consolidated EBITDA for the period of the most recent four consecutive fiscal quarters ending prior to the Applicable Calculation Date for which internal consolidated financial statements of the Issuer are available, in each case with such pro forma adjustments as are consistent with the pro forma adjustments set forth in the definition of “Fixed Charge Coverage Ratio.”

  • Net Total Leverage Ratio means on any date, the ratio of (A) (i) the sum of, without duplication, (x) the aggregate principal amount of any Consolidated Debt consisting of Loan Obligations outstanding as of the last day of the Test Period most recently ended as of such date (other than Excluded Transaction Debt) and (y) the aggregate principal amount of any other Consolidated Debt of the Borrower and its Subsidiaries as of the last day of such Test Period (other than Excluded Transaction Debt) less (ii) without duplication, the Unrestricted Cash and unrestricted Permitted Investments of the Borrower and its Subsidiaries as of the last day of such Test Period, to (B) EBITDA for such Test Period, all determined on a consolidated basis in accordance with GAAP; provided, that the Net Total Leverage Ratio shall be determined for the relevant Test Period on a Pro Forma Basis.

  • Consolidated Total Funded Debt means, as of the date of determination, the aggregate principal amount of all Funded Debt of the Borrower and its Subsidiaries at such date, determined on a consolidated basis in accordance with GAAP.

  • Consolidated Capitalization means the sum obtained by adding (i) Consolidated Shareholders' Equity, (ii) Consolidated Indebtedness for money borrowed (exclusive of any thereof which is due and payable within one year of the date such sum is determined) and, without duplication, (iii) any preference or preferred stock of the Company or any Consolidated Subsidiary which is subject to mandatory redemption or sinking fund provisions.

  • Total Debt Ratio means the ratio, as of the date of determination, of (i) the sum of (x) the Total Debt of the Borrower, the General Partner and their Consolidated Subsidiaries and (y) the Borrower’s and the General Partner’s pro rata share of the Total Debt of any Minority Holdings of the Borrower or the General Partner to (ii) Total Asset Value.

  • Total Funded Debt means all Funded Debt of the Borrower and its Consolidated Subsidiaries, on a consolidated basis, as determined in accordance with GAAP.

  • Debt to EBITDA Ratio means, as of any date, the ratio of Consolidated Indebtedness (as of the date of determination) to EBITDA (for the Company’s then most recently completed four fiscal quarters).

  • Total Leverage Ratio means, on any date, the ratio of (a) Consolidated Total Debt as of such date to (b) Consolidated EBITDA for the Test Period as of such date.

  • Consolidated Net Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Funded Indebtedness as of such date, minus unrestricted cash and Cash Equivalents of the Loan Parties on deposit with financial institutions located in the United States, not to exceed $75,000,000 to (b) Consolidated EBITDA of the Borrower and its Restricted Subsidiaries on a consolidated basis for the most recently completed Measurement Period.

  • Consolidated Total Debt Ratio as of any date of determination means, the ratio of (1) Consolidated Total Indebtedness as of the end of the most recent fiscal period for which internal financial statements are available immediately preceding the date on which such event for which such calculation is being made shall occur to (2) Pro Forma EBITDA.

  • Cash Flow Ratio means, as at any date, the ratio of (a) the sum of the aggregate outstanding principal amount of all Indebtedness of the Company and the Restricted Subsidiaries determined on a consolidated basis, but excluding all Interest Swap Obligations entered into by the Company or any Restricted Subsidiary and one of the Banks outstanding on such date, plus (but without duplication of Indebtedness supported by letters of credit) the aggregate undrawn face amount of all letters of credit outstanding on such date to (b) Annualized Operating Cash Flow determined as at the last day of the most recent month for which financial information is available.

  • Net Leverage Ratio means, at any time, the ratio of (a)(i) Consolidated Total Indebtedness at such time minus (ii) the Qualified Cash Amount to (b) Consolidated EBITDA for the most recently completed period of four fiscal quarters.

  • Total Consolidated Capitalization means, at any time, the sum of (i) Total Consolidated Debt plus (ii) the total amount of shareholder’s equity of the Company.

  • Consolidated First Lien Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Funded Indebtedness as of such date that is secured on a first lien basis by assets or properties of Holdings or any Subsidiaries to (b) Consolidated EBITDA of Holdings and its Subsidiaries on a consolidated basis for the most recently completed Measurement Period.

  • Maximum Leverage Ratio shall have the meaning assigned thereto in the Pricing Side Letter.