Financial Covenant. So long as any Loan shall remain unpaid, any Letter of Credit shall remain outstanding or any Lender shall have any Commitment hereunder, the Borrower will maintain a ratio of Consolidated Debt to Consolidated Capital of not greater than 0.65 to 1.00 as of the last day of each fiscal quarter.
Appears in 34 contracts
Samples: Credit Agreement (Midamerican Energy Co), Credit Agreement (Midamerican Energy Co), Credit Agreement (Midamerican Energy Co)
Financial Covenant. So long as any Loan Advance shall remain unpaid, any Letter of Credit shall remain outstanding or any Lender shall have any Commitment hereunder, the each Borrower will maintain a ratio of Consolidated Debt to Consolidated Capital of not greater than 0.65 to 1.00 Capital, as of the last day of each fiscal quarterMarch, June, September and December, of not greater than 0.675 to 1.00.
Appears in 14 contracts
Samples: Credit Agreement (Appalachian Power Co), Credit Agreement (Columbus Southern Power Co /Oh/), Credit Agreement (Indiana Michigan Power Co)
Financial Covenant. So long as any Loan shall remain unpaid, any Letter of Credit shall remain outstanding or any Lender shall have any Commitment hereunder, the Borrower will maintain a ratio of Consolidated Debt to Consolidated Capital of not greater than 0.65 0.700 to 1.00 as of the last day of each fiscal quarter.
Appears in 8 contracts
Samples: Credit Agreement (Midamerican Energy Co), Credit Agreement (Midamerican Energy Co), Credit Agreement (Midamerican Energy Co)
Financial Covenant. So long as any Loan shall remain unpaid, any Letter of Credit shall remain outstanding unpaid or any Lender shall have any Commitment hereunder, the Borrower will maintain a ratio of Consolidated Debt to Consolidated Capital of not greater than 0.65 to 1.00 as of the last day of each fiscal quarter.
Appears in 4 contracts
Samples: 364 Day Credit Agreement (Midamerican Energy Co), Credit Agreement (Midamerican Energy Co), 364 Day Credit Agreement (Midamerican Funding LLC)
Financial Covenant. So long as any Loan shall remain unpaid, any Letter of Credit shall remain outstanding or any Lender shall have any Commitment hereunder, the Borrower will maintain a ratio of Consolidated Debt to Consolidated Capital of not greater than 0.65 0.68 to 1.00 as of the last day of each fiscal quarter.
Appears in 2 contracts
Samples: Credit Agreement (Nevada Power Co), Credit Agreement (Sierra Pacific Power Co)
Financial Covenant. β So long as any Loan shall remain unpaid, any Letter of Credit shall remain outstanding or any Lender shall have any Commitment hereunder, the Borrower will maintain a ratio of Consolidated Debt to Consolidated Capital of not greater than 0.65 to 1.00 as of the last day of each fiscal quarter.
Appears in 2 contracts
Samples: Credit Agreement, Credit Agreement
Financial Covenant. So long as any Loan shall remain unpaid, any Letter of Credit shall remain outstanding unpaid or any Lender shall have any Commitment hereunder, the Borrower will maintain a ratio of Consolidated Debt to Consolidated Capital of not greater than 0.65 0.700 to 1.00 as of the last day of each fiscal quarter.
Appears in 1 contract
