Financial Covenant. So long as any Advance shall remain unpaid or any Lender shall have any Commitment hereunder, the Borrower will maintain a ratio of Consolidated Debt to Consolidated Capital, as of the last day of each March, June, September and December, of not greater than 0.675 to 1.000.
Appears in 10 contracts
Samples: Credit Agreement (Ohio Power Co), Credit Agreement (Ohio Power Co), Credit Agreement (Ohio Power Co)
Financial Covenant. So long as any Advance shall remain unpaid 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, as of the last day of each March, June, September and December, of not greater than 0.675 to 1.000.
Appears in 9 contracts
Samples: Credit Agreement (Ohio Power Co), Credit Agreement (Ohio Power Co), Credit Agreement (Ohio Power Co)
Financial Covenant. So long as any Advance shall remain unpaid 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, as of the last day of each March, June, September and December, of not greater than 0.675 to 1.0001.00.
Appears in 6 contracts
Samples: Credit Agreement (American Electric Power Co Inc), Credit Agreement (American Electric Power Co Inc), Credit Agreement
Financial Covenant. So long as any Advance shall remain unpaid or any Lender shall have any Commitment hereunder, the Borrower will maintain a ratio of (i) Consolidated Debt to Consolidated (ii) Total Capital, as of the last day of each March, June, September and December, of not greater than 0.675 0.65 to 1.0001.
Appears in 3 contracts
Samples: Credit Agreement (New England Electric System), Credit Agreement (New England Electric System), Credit Agreement (New England Electric System)
Financial Covenant. So long as any Advance shall remain unpaid or any Lender Bank shall have any Commitment hereunderhereunder or any Advance shall remain outstanding, the Borrower will maintain a ratio of Consolidated Debt to Consolidated Capital, as of the last day of each March, June, September and December, of not greater than 0.675 0.65 to 1.0001.00.
Appears in 2 contracts
Samples: Credit Agreement (Uil Holdings Corp), Credit Agreement (Uil Holdings Corp)
Financial Covenant. So long as any Advance shall remain unpaid or any Lender Bank shall have any Commitment hereunderhereunder or any Advance or Letter of Credit shall remain outstanding, the each Borrower will maintain a ratio of Consolidated Debt to Consolidated Capital, as of the last day of each March, June, September and December, of not greater than 0.675 0.65 to 1.0001.00.
Appears in 2 contracts
Samples: Credit Agreement (Uil Holdings Corp), Credit Agreement (Uil Holdings Corp)
Financial Covenant. So long as any Advance shall remain unpaid or any Lender shall have any Commitment hereunder, the Borrower will maintain a ratio of Consolidated Debt to Consolidated Capital, as of the last day of each March, June, September and December, of not greater than 0.675 to 1.000.. ARTICLE VI
Appears in 2 contracts
Samples: Credit Agreement (Ohio Power Co), Credit Agreement (Ohio Power Co)
Financial Covenant. So long as any Advance shall remain unpaid or any Lender shall have any Commitment hereunder, the Borrower will maintain a ratio of Consolidated (i) total Debt to Consolidated (ii) Total Capital, as of the last day of each March, June, September and December, of not greater than 0.675 0.65 to 1.0001.
Appears in 1 contract
Financial Covenant. So long as any Advance shall remain unpaid or any Lender Bank shall have any Commitment hereunderhereunder or any Loan shall remain outstanding, the each Borrower will maintain a ratio of Consolidated Debt to Consolidated Capital, as of the last day of each March, June, September and December, of not greater than 0.675 (i) for any such date occurring during the period from the Effective Date to 1.000and including the last day of the second full fiscal quarter of the Parent following the Closing Date, 0.77 to 1.00 and (ii) thereafter, 0.65 to 1.00.
Appears in 1 contract
Samples: 364 Day Bridge Term Loan Agreement (Uil Holdings Corp)
Financial Covenant. So long as any Advance shall remain unpaid or any Lender shall have any Commitment hereunder, the Borrower each Loan Party will maintain a ratio of Consolidated Debt to Consolidated Capital, as of the last day of each March, June, September and December, of not greater than 0.675 to 1.000.
Appears in 1 contract
Financial Covenant. So long as any Advance shall remain unpaid or any Lender shall have any Commitment hereunder, the The Borrower will maintain a ratio of Consolidated Debt to Consolidated Capital, as of the last day of each March, June, September and December, of not greater than 0.675 to 1.0001.00.
Appears in 1 contract
