Consolidated Debt. The Company will not permit Consolidated Debt to exceed 55% of Consolidated Total Capitalization, as calculated on the last day of each fiscal quarter of the Company.
Appears in 2 contracts
Samples: Amended and Restated Note Purchase and Private Shelf Agreement (Oil-Dri Corp of America), Note Purchase Agreement (Oil Dri Corporation of America)
Consolidated Debt. The Company will not permit Consolidated Debt to exceed 5565% of Consolidated Total CapitalizationCapitalization at any time through December 31, as calculated on the last day 1995 or to exceed 60% of each fiscal quarter of the CompanyConsolidated Capitalization at any time thereafter.
Appears in 1 contract
Consolidated Debt. The Company will not at any time permit Consolidated Debt to exceed 55% of Consolidated Total Capitalization, as calculated on the last day of each fiscal quarter of the Company.
Appears in 1 contract
Samples: Note Purchase Agreement (Sonic Corp)
