Debt to Total Capital. The ratio of Consolidated Debt of the Borrower to Consolidated Total Capital of the Borrower shall not at any time exceed 0.65 to 1.
Debt to Total Capital. Consolidated Debt will at no time exceed sixty-five percent (65%) of Total Capital.
Debt to Total Capital. The Debt to Capital Ratio at the last day of each fiscal quarter shall be less than 0.65:1.
Debt to Total Capital. The ratio of Consolidated Debt to Total Capital shall not exceed at any time 0.6:1.
Debt to Total Capital. The ratio of Consolidated Debt to Total Capital shall not exceed during any period set forth below the applicable ratio set forth below for such period. Period Ratio ------ ----- June 28, 1996 - December 30, 1996 72% December 31, 1996 - December 30, 1997 70% December 31, 1997 - December 30, 1998 65% December 31, 1998 - December 30, 1999 57% December 31, 1999 and thereafter 50%
Debt to Total Capital. Consolidated Debt will at no time exceed (1) during any period other than the Acquisition Period, sixty-five percent (65%) of Total Capital, and (2) during the Acquisition Period, seventy percent (70%) of Total Capital.
Debt to Total Capital. The Company will not permit the ratio of (a) Total Debt to (b) Consolidated Total Capital, each determined as of the last day of each fiscal quarter, to be greater than 0.65:1.
Debt to Total Capital. The ratio of Consolidated Debt of such Borrower to Consolidated Total Capital of such Borrower shall not at any time exceed 0.65 to 1; provided that for the purposes of the calculation of this ratio, any non-cash effects resulting from adoption of the proposed “Statement of Financial Accounting Standards dated March 31, 2006: Employers’ Accounting for Defined Pension and other Postretirement Plans, an amendment of FASB Statements No. 87, 88, 106, and 132(R)” will be excluded.
Debt to Total Capital. I. Consolidated Debt at Statement Date
A. Debt of the Borrower and its Subsidiaries on the Statement Date: $
B. Non-Recourse Debt of the Borrower and its Subsidiaries on the Statement Date: $
C. Designated Hybrid Equity Securities on the Statement Date: $
D. Consolidated Debt at Statement Date (Lines I.A. — I.B. — I.C.): $
II. Total Capital at Statement Date:
A. Consolidated Debt at Statement Date (Line I.D. above): $
B. Shareholders’ Equity on the Balance Sheet: $
C. Designated Hybrid Equity Securities on the Statement Date: $
D. Any excess of the net book value of assets subject to Liens securing Non-Recourse Debt (including the total assets of Excluded Subsidiaries) over the amount of the related Non-Recourse Debt that is reflected in Shareholders’ Equity: $
E. 1. Either: Less the absolute value of accumulated other comprehensive income as determined in accordance with GAAP: $
E. 0. Xxxx the absolute value of accumulated other comprehensive loss as determined in accordance with GAAP: $
Debt to Total Capital. I. Consolidated Debt at Statement Date
A. Debt of the Borrower and its Subsidiaries on the Statement Date: $
B. Non-Recourse Debt of the Borrower and its Subsidiaries on the Statement Date: $
C. Designated Hybrid Equity Securities on the Statement Date: $
D. For any date of determination prior to the Acquisition Closing Date, any Debt of the Borrower or any Subsidiaries issued for purposes of financing the Acquisition that contains a “special mandatory redemption” (or similar) provision requiring such Debt to be redeemed or repaid if the Acquisition is not consummated by a certain date, provided that the proceeds of such Debt are held as cash or cash equivalents of the Borrower or any of its Subsidiaries: $
E. Consolidated Debt at Statement Date (Lines I.A. – I.B. – I.C. – I.D.): $
II. Total Capital at Statement Date:
A. Consolidated Debt at Statement Date (Line I.E. above): $
B. Shareholders’ Equity on the Balance Sheet: $
C. Designated Hybrid Equity Securities on the Statement Date: $
D. Any excess of the net book value of assets subject to Liens securing Non-Recourse Debt (including the total assets of Excluded Subsidiaries) over the amount of the related Non-Recourse Debt that is reflected in Shareholders’ Equity: $
E.1. Either: Less the absolute value of accumulated other comprehensive income as determined in accordance with GAAP: $
E.2. Plus the absolute value of accumulated other comprehensive loss as determined in accordance with GAAP: $
