Common use of Consolidated Indebtedness to Capitalization Ratio Clause in Contracts

Consolidated Indebtedness to Capitalization Ratio. The Borrower will not permit the Consolidated Indebtedness to Capitalization Ratio to exceed 0.65 to 1.00, at the end of any fiscal quarter.

Appears in 6 contracts

Samples: Credit Agreement (Black Hills Corp /Sd/), Credit Agreement (Black Hills Corp /Sd/), Credit Agreement (Black Hills Corp /Sd/)

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Consolidated Indebtedness to Capitalization Ratio. The Borrower will not permit the Consolidated Indebtedness to Capitalization Ratio to exceed (i) 0.70 to 1.00, at the end of the fiscal quarters ending on September 30, 2016 and December 31, 2016 and (ii) 0.65 to 1.00, at the end of any fiscal quarterquarter thereafter.

Appears in 3 contracts

Samples: Credit Agreement (Black Hills Corp /Sd/), Credit Agreement (Black Hills Corp /Sd/), Term Loan Credit Agreement (Black Hills Corp /Sd/)

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