Common use of Funded Indebtedness to Capitalization Ratio Clause in Contracts

Funded Indebtedness to Capitalization Ratio. The Funded Indebtedness to Capitalization Ratio, as of the last day of each fiscal quarter of the Consolidated Parties, shall be less than or equal to: Period Ratio Closing Date through and including July 31, 2002 62.5% August 1, 2002 through and including July 31, 2003 60.0% August 1, 2003 through and including July 31, 2004 57.5% August 1, 2004 and thereafter 55.0%

Funded Indebtedness to Capitalization Ratio. The Funded ------------------------------------------- Indebtedness to Capitalization Ratio, as of the last day of each fiscal quarter of the Consolidated Parties, shall be less than or equal to: Period Ratio Closing Date ------ ----- July 1, 2001 through and including July December 31, 2002 62.52001 65.0% August January 1, 2002 through and including July December 31, 2003 60.02002 62.5% August January 1, 2003 through and including July December 31, 2003 60.0% January 1, 2004 through and including December 31, 2004 57.555.0% August January 1, 2004 2005 and thereafter 55.050.0%

Funded Indebtedness to Capitalization Ratio. The Funded Indebtedness to Capitalization Ratio, as of the last day of each fiscal quarter of the Consolidated Parties, shall be less than or equal to: Period Ratio Closing Date July 1, 2001 through and including July December 31, 2002 62.52001 65.0 % August January 1, 2002 through and including July March 31, 2003 60.062.5 % August April 1, 2003 through and including July 31, 2004 57.5% August 1, 2004 and thereafter 55.055.0 %

Funded Indebtedness to Capitalization Ratio. The Permit the Funded Indebtedness to Capitalization Ratio, as of the last day of each fiscal quarter of the Consolidated Parties, shall to be less than or equal togreater than: Period Ratio Closing Date through and including July 31, 2002 62.5% August 1, 2002 through and including July 31, 2003 60.0% August 1, 2003 through and including July 31, 2004 57.5% August 1, 2004 and thereafter 55.0%