Debt-Equity Ratio. The ratio of the Company’s debt to equity must not at any time exceed [ / ]. For the purposes of this Section:
Debt-Equity Ratio. The Company shall not permit the ratio of (i) consolidated Indebtedness of the Company and its Subsidiaries (excluding Indebtedness incurred by Hermes Europe Railtel B.V. ("Hermes") identified on Schedule A ("Hermes Debt")) to (ii) consolidated shareholders' equity of the Company and its Subsidiaries, (including Hermes equity and minority interests determined in accordance with GAAP) computed in accordance with GAAP (except as provided herein), at any time to be greater than the ratio set forth with respect to any quarter in the table below: Quarter Ending Fiscal Year March 31 June 30 Sept. 30 Dec. 31 ----------- -------- ------- -------- ------- 1995 -- -- -- -- 1996 65% 65% 65% 65% 1997 and Subsequent 60% 60% 60% 60% Years 60% 60% 60% 60%
Debt-Equity Ratio. (i) The Borrower shall have provided evidence to the satisfaction of the Lender that the ratio of Debt to Equity for meeting the Project Cost does not exceed 75:25. The Facility Agent shall have received a certificate from an Authorized Officer of the Borrower confirming that the Debt to Equity ratio of the Borrower would not exceed 75:25 after the relevant Utilisation. For the purpose of calculating Debt to Equity ratio, any Cost Overrun which has been funded by way of subscription to Equity shall be excluded.
Debt-Equity Ratio. The debt-equity ratio as on the date of Commercial operation shall be taken as 70:30 for determination of tariff irrespective of the actual quantum of debt and equity.
Debt-Equity Ratio. The ratio of loan capital to paid-up equity capital must be at all times not more than [9:1]. All loan capital shall be procured by Parent Company on behalf of Mining Company on such terms and conditions as approved by the Central Bank, which approval shall not be unreasonably withheld, and in accordance with Applicable Law relating to the borrowing of foreign exchange by companies resident in [Country]. The definition of loan capital must be specified in the Feasibility Study and set out in the approved Financing Plan.
Debt-Equity Ratio. The debt equity ratio of the Company prior to and after the issue of the Debentures is/ will be as may be mentioned in the respective Disclosure Document.
Debt-Equity Ratio. The Company shall maintain a Debt/Equity Ratio of no greater than 1.5 to 1, that is, for every S$1 of Total Shareholder Funds, there shall not be more than S$1.50 of
Debt-Equity Ratio. Permit the ratio of Long-Term Debt to Tangible Net Worth to exceed at any time 1.75:1.0.
Debt-Equity Ratio. Permit the Debt/Equity Ratio to exceed 50:50.
Debt-Equity Ratio. Borrower shall not permit the Debt-Equity Ratio to exceed 80:20 at any time during the life of the Facility, provided that Borrower shall in no event permit its debt- equity ratio calculated pursuant to the rules and regulations of the Central Bank to exceed the ratio from time to time required to be maintained by Borrower under such rules and regulations.
