Common use of Consolidated Debt Ratio Clause in Contracts

Consolidated Debt Ratio. Permit at any time the ratio of (i) Consolidated Debt to (ii) the sum of Consolidated Debt plus Consolidated Shareholders' Equity, to be greater than 50%.

Appears in 3 contracts

Samples: 364 Day Credit Agreement (Ensco PLC), Credit Agreement (Ensco PLC), Credit Agreement (Ensco PLC)

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Consolidated Debt Ratio. Permit at any time the ratio of (ia) Consolidated Debt to (iib) the sum of Consolidated Debt plus Consolidated Shareholders' Equity, to be greater than 50%.

Appears in 1 contract

Samples: Credit Agreement (Ensco PLC)

Consolidated Debt Ratio. Permit at any time the ratio of (i) Consolidated Debt to (ii) the sum of Consolidated Debt plus Consolidated Shareholders' Equity, to be greater than 5040%.

Appears in 1 contract

Samples: Credit Agreement (Ensco International Inc)

Consolidated Debt Ratio. Permit at any time the ratio of (i) Consolidated Debt to (ii) the sum of Consolidated Debt plus Consolidated Shareholders' Equity, to be greater than 50%.

Appears in 1 contract

Samples: Credit Agreement (Ensco International Inc)

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Consolidated Debt Ratio. Permit at any time the ratio of (i) Consolidated Debt to (ii) the sum of Consolidated Debt plus Consolidated Shareholders' Equity, to be greater than 5060%.

Appears in 1 contract

Samples: Commitment Agreement and Fifth Amendment to Fourth Amended and Restated Credit Agreement (Ensco PLC)

Consolidated Debt Ratio. Permit at any time the ratio of (ia) Consolidated Debt to (iib) the sum of Consolidated Debt plus Consolidated Shareholders' Equity, to be greater than 5060%.

Appears in 1 contract

Samples: Credit Agreement (Ensco PLC)

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