Common use of Funded Debt to Capitalization Clause in Contracts

Funded Debt to Capitalization. Borrower shall not permit Consolidated Funded Debt to exceed fifty-five percent (55%) of Consolidated Total Capitalization.

Appears in 2 contracts

Samples: Revolving Line of Credit Loan Agreement (Maui Land & Pineapple Co Inc), Term Loan Agreement (Maui Land & Pineapple Co Inc)

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Funded Debt to Capitalization. Borrower shall not permit its Consolidated Funded Fund Debt to exceed fifty-five percent (55%) of its Consolidated Total CapitalizationCapitalization as of the end of any Fiscal Quarter.

Appears in 1 contract

Samples: Credit Loan Agreement (Maui Land & Pineapple Co Inc)

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Funded Debt to Capitalization. Borrower shall not permit Consolidated Funded Debt to exceed fifty-five percent (55%) % of Consolidated Total Capitalization.

Appears in 1 contract

Samples: Loan Agreement (Maui Land & Pineapple Co Inc)

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