Debt Capitalization. The ratio of (i) Consolidated Indebtedness of the Company to (ii) Consolidated Capitalization of the Company is greater than 0.65 to 1.0 (a) as of the last day of any fiscal quarter of the Company or (b) at any time if any first mortgage bonds issued under Specified Prior Supplements remain outstanding.
Appears in 12 contracts
Samples: Supplemental Indenture (Texas New Mexico Power Co), Twentieth Supplemental Indenture (Texas New Mexico Power Co), Indenture (Texas New Mexico Power Co)
Debt Capitalization. The ratio of (i) Consolidated Indebtedness of the Company to (ii) Consolidated Capitalization of the Company is greater than 0.65 to 1.0 (a) as of the last day of any fiscal quarter of the Company or (b) at any time if any first mortgage bonds issued under Specified Prior Supplements remain outstanding1.0.
Appears in 4 contracts
Samples: Eighth Supplemental Indenture (Texas New Mexico Power Co), Indenture (Texas New Mexico Power Co), Indenture (Texas New Mexico Power Co)
