Common use of Capitalization Ratio Clause in Contracts

Capitalization Ratio. The Borrower will not permit the Capitalization Ratio to be greater than 0.35 to 1.0 as of the last day of any fiscal quarter, beginning with the fiscal quarter ending December 31, 1998.

Appears in 1 contract

Samples: Credit Agreement (Orion Capital Corp)

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Capitalization Ratio. The Borrower will not permit the -------------------- Capitalization Ratio to be greater than 0.35 0.425 to 1.0 as of the last day of any fiscal quarter, beginning with the fiscal quarter ending December 31September 30, 19981996.

Appears in 1 contract

Samples: Credit Agreement (Vesta Insurance Group Inc)

Capitalization Ratio. The Borrower will not permit the Capitalization Ratio to be greater than 0.35 0.4 to 1.0 as of the last day of any fiscal quarter, beginning with the fiscal quarter ending December 31June 30, 1998.

Appears in 1 contract

Samples: Credit Agreement (Orion Capital Corp)

Capitalization Ratio. The Borrower will not permit the Capitalization -------------------- Ratio to be greater than 0.35 0.425 to 1.0 as of the last day of any fiscal quarter, beginning with the fiscal quarter ending ended December 31, 19981996.

Appears in 1 contract

Samples: Agreement and the Other Documents (Vesta Insurance Group Inc)

Capitalization Ratio. The Borrower will not permit the Capitalization Ratio to be greater than 0.35 to 1.0 as of the last day of any fiscal quarter, beginning with the fiscal quarter ending December 31September 30, 19982002.

Appears in 1 contract

Samples: Credit Agreement (Pma Capital Corp)

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Capitalization Ratio. The Borrower will not permit the Capitalization Ratio to be greater than 0.35 (y) 0.40 to 1.0 as of the last day of any fiscal quarterquarter ending on or before September 30, beginning with 1999, and (z) 0.375 to 1.0 as of the last day of any fiscal quarter ending December 31after September 30, 19981999.

Appears in 1 contract

Samples: Escrow and Security Agreement (Chartwell Re Corp)

Capitalization Ratio. The Borrower will not permit the Capitalization Ratio to be greater than 0.35 to 1.0 as of the last day of any fiscal quarter, beginning with the fiscal quarter ending December 31June 30, 19981997.

Appears in 1 contract

Samples: Credit Agreement (Everest Reinsurance Holdings Inc)

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