Capitalization Leverage Ratio. At no time shall the ratio of (i) Consolidated Debt at such time to (ii) Total Capital at such time, exceed 0.695; provided that upon any sale of the capital stock of PCS, such maximum ratio shall be reset at the level which produces the result that the amount of additional Debt that the Guarantor may incur within the limits of this ratio immediately after giving effect to such sale and the repayment of any Debt required in connection therewith is equal to the amount of additional Debt that the Guarantor could incur within the limits of this ratio immediately before giving effect to such sale and the repayment of any Debt required in connection therewith." (d) Section 1.13 of Annex A is amended to read in its entirety as follows:
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Capitalization Leverage Ratio. At no time shall the ratio of (i) Consolidated Debt at such time to (ii) Total Capital at such time, exceed 0.695; provided that upon any sale of the capital stock of PCS, such maximum ratio shall be reset at the level which produces the result that the amount of additional Debt that the Guarantor Borrower may incur within the limits of this ratio immediately after giving effect to such sale and the repayment of any Debt required in connection therewith is equal to the amount of additional Debt that the Guarantor Borrower could incur within the limits of this ratio immediately before giving effect to such sale and the repayment of any Debt required in connection therewith."
(de) Section 1.13 of Annex A 5.13 is amended to read in its entirety as follows:
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Samples: Term Loan Agreement (Rite Aid Corp), Credit Agreement (Rite Aid Corp)
Capitalization Leverage Ratio. At no time shall the ratio of (i) Consolidated Debt at such time to (ii) Total Capital at such time, exceed 0.695; provided that upon any sale of the capital stock of PCS, such maximum ratio shall be reset at the level which produces the result that the amount of additional Debt that the Guarantor Borrower may incur within the limits of this ratio immediately after giving effect to such sale and the repayment of any Debt required in connection therewith is equal to the amount of additional Debt that the Guarantor Borrower could incur within the limits of this ratio immediately before giving effect to such sale and the repayment of any Debt required in connection therewith."
(d) Section 1.13 of Annex A is amended to read in its entirety as follows:
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Samples: Term Loan Agreement (Rite Aid Corp)