Equity to Total Capitalization Ratio. Maintain at all times, on a Consolidated Basis, an Equity to Total Capitalization Ratio of not less than 30.0%. The term "Equity to Total Capitalization Ratio" shall mean the ratio derived by dividing (i) the amount derived by subtracting total liabilities from total assets by (ii) the amount derived by subtracting total liabilities from total assets and adding total Indebtedness (determined in accordance with GAAP).
Equity to Total Capitalization Ratio. If at the end of any fiscal year, the ratio of the Company’s Equity to Total Capitalization is equal to or less than 22%, then: (1) the Company will hire an independent consultant, satisfactory to CoBank, to recommend a course of action to improve such ratio to 25%; and (2) will, subject to any necessary regulatory approval and unless CoBank otherwise consents, implement the recommendations.
Equity to Total Capitalization Ratio. Maintain at all times, on a Consolidated Basis, an Equity to Total Capitalization Ratio of not less than 25.0% . The term “Equity to Total Capitalization Ratio” shall mean the ratio derived by dividing (i) the amount derived by subtracting total liabilities from total assets by (ii) the amount derived by subtracting total liabilities from total assets and adding total Indebtedness (determined in accordance with GAAP). Negative Covenants. Unless otherwise agreed to in writing by CoBank, while this Agreement is in effect, the Borrower shall not:
