Common use of Consolidated Debt to Total Capitalization Clause in Contracts

Consolidated Debt to Total Capitalization. Not permit the ratio of (a) the principal amount of Consolidated Debt to (b) the sum of (i) Net Worth plus (ii) Consolidated Debt to exceed 0.35 to 1.0 at any time.

Appears in 5 contracts

Samples: Credit Agreement (Horace Mann Educators Corp /De/), Credit Agreement (Horace Mann Educators Corp /De/), Credit Agreement (Horace Mann Educators Corp /De/)

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Consolidated Debt to Total Capitalization. Not permit the ratio of (a) the principal amount of Consolidated Debt to (b) the sum of (i) Consolidated Net Worth plus (ii) Consolidated Debt to exceed 0.35 0.30 to 1.0 at any time.

Appears in 2 contracts

Samples: Credit Agreement (Cincinnati Financial Corp), Credit Agreement (Cincinnati Financial Corp)

Consolidated Debt to Total Capitalization. Not NotThe Borrower shall not permit the ratio of (a) the principal amount of Consolidated Debt to (b) the sum of (i) Consolidated Net Worth plus (ii) Consolidated Debt to exceed 0.35 to 1.0 at any timeas of the end of each fiscal quarter of the Borrower.

Appears in 1 contract

Samples: Letter of Credit Facility Agreement (Cincinnati Financial Corp)

Consolidated Debt to Total Capitalization. Not permit the ratio of (a) the principal amount of Consolidated Debt to (b) the sum of (i) Consolidated Net Worth plus (ii) Consolidated Debt to exceed 0.35 to 1.0 at any timeas of the end of each fiscal quarter of the Borrower.

Appears in 1 contract

Samples: Letter of Credit Facility Agreement (Cincinnati Financial Corp)

Consolidated Debt to Total Capitalization. Not permit the ratio of (a) the principal amount of Consolidated Debt to (b) the sum of (i) Consolidated Net Worth plus (ii) Consolidated Debt to exceed 0.35 to 1.0 at any time.” (aa) Section 7.2.14 of the Credit Agreement is hereby deleted in its entirety.

Appears in 1 contract

Samples: Credit Agreement (Cincinnati Financial Corp)

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Consolidated Debt to Total Capitalization. Not permit the ratio of (a) the principal amount of Consolidated Debt to (b) the sum of (i) Consolidated Net Worth plus (ii) Consolidated Debt to exceed 0.35 to 1.0 at any time.

Appears in 1 contract

Samples: Credit Agreement (Cincinnati Financial Corp)

Consolidated Debt to Total Capitalization. Not permit the ratio of (a) the principal amount of Consolidated Debt to (b) the sum of (i) Net Worth plus (ii) Consolidated Debt to exceed 0.35 to 1.0 at any timetime prior to January 1, 2003, 0.325 to 1.0 at any time thereafter prior to January 1, 2004 or 0.30 to 1.0 at any time thereafter.

Appears in 1 contract

Samples: Credit Agreement (Horace Mann Educators Corp /De/)

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