Funded Debt to Capitalization. Borrower shall not permit Consolidated Funded Debt to exceed fifty-five percent (55%) of Consolidated Total Capitalization.
Funded Debt to Capitalization. The Borrowers shall maintain, on a consolidated basis, a ratio of Funded Debt to Capitalization of not more than 2.00 to 1.00.
Funded Debt to Capitalization. As calculated on the last day of each Fiscal Quarter, permit the ratio of Borrower's Funded Debt (as determined on a consolidated basis but excluding Minority Interest), to Capitalization to be greater than .5 to 1.0.
Funded Debt to Capitalization. Permit the ratio of total Funded Debt to Total Capitalization to exceed .50 to 1.0.
Funded Debt to Capitalization. The Company shall at all times maintain a ratio (a) of Funded Debt, less unrestricted cash and Cash Equivalents to (b) the aggregate of Funded Debt included in clause (a), less unrestricted cash and Cash Equivalents, plus Capitalization of no greater than 0.675:1.
Funded Debt to Capitalization. The Parent Guarantor and the Borrowers will not permit the ratio of Funded Debt to Capitalization, on a consolidated basis, as of the end of each fiscal quarter, for the most recent Rolling Period, to exceed (a) 0.55 for each determination made during the period from and including the date hereof to and including the fiscal quarter ending December 31, 1997, (b) 0.50 for each determination made during the period from and including January 1, 1998 to and including the fiscal quarter ending September 30, 1999, and (c) 0.45 for each fiscal quarter ending thereafter.
Funded Debt to Capitalization. Such Borrower will not permit ----------------------------- Funded Debt of such Borrower and its Consolidated Subsidiaries to exceed 45% of the sum of (1) Funded Debt of such Borrower and its Consolidated Subsidiaries plus (2) the consolidated minority interest obligations shown on the consolidated balance sheet of such Borrower and its Consolidated Subsidiaries plus (3) the Consolidated Net Worth of such Borrower and its Consolidated Subsidiaries. For purposes of calculating such ratio with respect to the Company, Finance Leasing Subsidiaries shall -38- be excluded from the definition of "Consolidated Subsidiaries".
Funded Debt to Capitalization. As of the end of each fiscal quarter, Borrower will not permit its ratio of Funded Debt to Capitalization to exceed 0.4 to 1.0; and
Funded Debt to Capitalization. Permit the ratio of Funded Debt to Tangible Net Worth, plus Funded Debt, at the close of anyfiscal quarter, beginning with the September 30, 1998 Financial Statements, to be more than 40%. Actual ------ _____%
