Common use of Capitalization Ratio Clause in Contracts

Capitalization Ratio. The ratio of (i) Consolidated Total Debt as of the last day of any Measurement Quarter (any such day being a “Calculation Date”) to (ii) Consolidated Total Capitalization as of such Calculation Date (such ratio, the “Capitalization Ratio”) shall not exceed 0.60:1.00:

Appears in 4 contracts

Samples: Credit Agreement (Taylor Morrison Home Corp), Credit Agreement (Taylor Morrison Home Corp), Credit Agreement (Taylor Morrison Home Corp)

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Capitalization Ratio. The ratio of (i) Consolidated Total Debt as of the last day of any Measurement Fiscal Quarter (any such day being a “Calculation Date”) to (ii) Consolidated Total Capitalization as of such Calculation Date (such ratio, the “Capitalization Ratio”) shall not exceed 0.60:1.00:

Appears in 1 contract

Samples: 364 Day Credit Agreement (Taylor Morrison Home Corp)

Capitalization Ratio. The ratio of (i) Consolidated Total Debt as of the last day of any Measurement Quarter (any such day being a “Calculation Date”) to (ii) Consolidated Total Capitalization as of such Calculation Date (such ratio, the “Capitalization Ratio”) shall not exceed 0.60:1.00:0.65:1.00.

Appears in 1 contract

Samples: Security Agreement (Brookfield Residential Properties Inc.)

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Capitalization Ratio. The ratio of (i) Consolidated Total Debt as of the last day of any Measurement Quarter (any such day being a “Calculation Date”) to (ii) Consolidated Total Capitalization as of such Calculation Date (such ratio, the “Capitalization Ratio”) shall not exceed 0.60:1.00:the correlative ratio indicated: Calculation Period Maximum Capitalization Ratio Effective Date - December 31, 2012 0.60:1.00 January 1, 2013 - and thereafter 0.575:1.00

Appears in 1 contract

Samples: Credit Agreement (Taylor Morrison Home Corp)

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