Examples of Total Consolidated Capitalization in a sentence
DCE and CLIENT each desire to enter into an agreement whereby DCE will attempt to find sources of finance for CLIENT’s business.
The Issuer and the Guarantors will not, and will not permit any of their Subsidiaries to, directly or indirectly, issue, incur, assume or otherwise become liable for or in respect of any Funded Indebtedness unless, after giving effect thereto, the Funded Indebtedness of BPY, calculated on a consolidated basis, would not exceed 70% of the Total Consolidated Capitalization determined as at the date such Funded Indebtedness is issued, incurred or assumed.
The Guarantors will not, and will not permit any of their Subsidiaries to, directly or indirectly, issue, incur, assume or otherwise become liable for or in respect of any Funded Indebtedness unless, after giving effect thereto, the Funded Indebtedness of BIP, calculated on a consolidated basis, would not exceed 75% of Total Consolidated Capitalization.
In addition, you will be granted shares of Restricted Stock under the 2005 Performance Equity Plan with a grant date fair market value as determined under the 2005 Performance Equity Plan) equal to $38,737 (the “New Grant”), which will be made on the same day the 2012 yearend stock bonus awards are made to the Company’s other senior executives, subject to your continued employment through such date.
So long as any Advance shall remain unpaid or any Bank shall have any Commitment hereunder the Borrower will maintain at all times a maximum Consolidated Debt to Total Consolidated Capitalization Ratio of 0.60 to 1.00: Section 5.04 KBR/DII Exclusion.