Financial Covenant. The ratio of (a) Consolidated Indebtedness to (b) Consolidated Capitalization shall be less than or equal to 0.65 to 1.0 as of the last day of any Fiscal Quarter.
Appears in 12 contracts
Samples: Term Loan Agreement (Public Service Co of New Mexico), Credit Agreement (Public Service Co of New Mexico), Term Loan Agreement (Public Service Co of New Mexico)
Financial Covenant. The ratio of (a) Consolidated Indebtedness to (b) Consolidated Capitalization shall be less than or equal to 0.65 0.70 to 1.0 as of the last day of any Fiscal Quarter.
Appears in 12 contracts
Samples: Credit Agreement (Public Service Co of New Mexico), Term Loan Agreement (PNM Resources Inc), Credit Agreement (Public Service Co of New Mexico)
Financial Covenant. The ratio of (ai) Consolidated Indebtedness of the Borrower to (bii) Consolidated Capitalization of the Borrower shall be less than or equal to 0.65 to 1.0 as of the last day of any Fiscal QuarterQuarter of the Borrower.
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Financial Covenant. The ratio of (a) Consolidated Indebtedness to (b) Consolidated Capitalization shall be less than or equal to 0.65 to 1.0 as of the last day of any Fiscal Quarter.
(i) Clause (o) of Section 8.5 of the Credit Agreement is amended to read as follows:
Appears in 1 contract
Financial Covenant. The ratio of (a) Consolidated Indebtedness to (b) Consolidated Capitalization shall be less than or equal to 0.65 to 1.0 as of the last day of any Fiscal Quarter.
(e) Clause (o) of Section 8.5 of the Loan Agreement is amended to read as follows:
Appears in 1 contract
Samples: Term Loan Agreement (Public Service Co of New Mexico)
Financial Covenant. The ratio of (ai) Consolidated Indebtedness of the Borrower to (bii) Consolidated Capitalization of the Borrower shall be less than or equal to 0.65 to 1.0 as of the last day of any Fiscal Quarterfiscal quarter of the Borrower.
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Financial Covenant. The ratio of (a) Consolidated Indebtedness to (b) Consolidated Capitalization shall be less than or equal to 0.65 to 1.0 as of the last day of any Fiscal Quarter.
(g) Clause (o) of Section 8.5 of the Credit Agreement is amended to read as follows:
Appears in 1 contract
Financial Covenant. The ratio of (a) Consolidated Indebtedness to (b) Consolidated Capitalization shall be less than or equal to 0.65 to 1.0 as of the last day of any Fiscal Quarter.
(g) Clause (p) of Section 8.5 of the Loan Agreement is amended to read as follows:
Appears in 1 contract
Samples: Term Loan Agreement (Public Service Co of New Mexico)
Financial Covenant. The ratio of (a) Consolidated Indebtedness to (b) Consolidated Capitalization shall be less than or equal to 0.65 0.70 to 1.0 as of the last day of any Fiscal Quarter.
(r) Section 7.3(b) of the Loan Agreement is amended and restated in its entirety to read as follows:
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