Common use of Financial Ratio Clause in Contracts

Financial Ratio. Vodafone will procure that the ratio of Net Debt for each Ratio Period to two times Adjusted Group Operating Cash Flow for such Ratio Period will not exceed 3.75:1.

Appears in 2 contracts

Samples: 3 Year Facility Agreement (Vodafone Group Public LTD Co), 364 Day Facility Agreement (Vodafone Group Public LTD Co)

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Financial Ratio. Vodafone will procure that for each Ratio Period the ratio of Net Debt for each Ratio Period of the Consolidated Group to two times Adjusted Group Operating Cash Flow for such Ratio Period will not exceed 3.75:1.

Appears in 1 contract

Samples: Facility Agreement (Vodafone Group Public LTD Co)

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Financial Ratio. Vodafone will procure that for each Ratio Period the ratio of Net Debt for each Ratio Period to two times Adjusted Group Operating Cash Flow for such Ratio Period will not exceed 3.75:1.

Appears in 1 contract

Samples: Facility Agreement (Vodafone Group Public LTD Co)

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