Debt Ratio. The Company shall not permit its Debt Ratio, calculated on a consolidated basis for the Company and its Subsidiaries, to exceed 3.0 to 1.0 on the last day of any fiscal quarter.
Appears in 3 contracts
Samples: Credit Agreement (Meritor Automotive Inc), Credit Agreement (Meritor Automotive Inc), Credit Agreement (Meritor Automotive Inc)
Debt Ratio. The Company shall not permit its Debt Ratio, calculated on a consolidated basis for the Company and its Subsidiaries, to exceed 3.0 3.25 to 1.0 on the last day of any fiscal quarter.
Appears in 2 contracts
Samples: Credit Agreement (Arvinmeritor Inc), Revolving Credit Agreement (Arvinmeritor Inc)
