Common use of Funded Indebtedness to Capitalization Ratio Clause in Contracts

Funded Indebtedness to Capitalization Ratio. Permit the Funded Indebtedness to Capitalization Ratio (a) as of the end of any Fiscal Quarter ending on or after June 30, 1997 but on or before September 30, 1997 to be greater than 0.65 to 1.00, or (b) as of the end of any Fiscal Quarter ending on or after December 31, 1997 but on or before December 31, 1998 to be greater than 0.60 to 1.00, (c) as of the end of any Fiscal Quarter ending on or after March 31, 1999 to be greater than 0.55 to 1.00.

Funded Indebtedness to Capitalization Ratio. Permit the Funded Indebtedness to Capitalization Ratio (a) as of the end of any Fiscal Quarter ending on or after June 30, 1997 1999 but on or before September 30December 31, 1997 1999 to be greater than 0.65 0.80 to 1.00, or (b) as of the end of any Fiscal Quarter ending on or after December March 31, 1997 2000 but on or before December 31, 1998 2000 to be greater than 0.60 0.65 to 1.00, or (c) as of the end of any Fiscal Quarter ending on or after March 31, 1999 2001 to be greater than 0.55 to 1.00.

Funded Indebtedness to Capitalization Ratio. Permit the Funded Indebtedness to Capitalization Ratio (a) to be greater than 0.55 to 1.00, as of the end of any Fiscal Quarter ending on or after June 30before December 31, 1997 but on or before September 30, 1997 to be greater than 0.65 to 1.002003, or (b) to be greater than 0.50 to 1.00, as of the end of any Fiscal Quarter ending on or after December 31, 1997 2003 but on or before December 31, 1998 2004, or (c) to be greater than 0.60 0.45 to 1.00, (c) as of the end of any Fiscal Quarter ending on or after March December 31, 1999 to be greater than 0.55 to 1.002004.

Funded Indebtedness to Capitalization Ratio. Permit the Funded Indebtedness to Capitalization Ratio (a) as of the end of any Fiscal Quarter ending on or after before June 30, 1997 but on or before September 30, 1997 2003 to be greater than 0.65 0.55 to 1.00, or (b) as of the end of any Fiscal Quarter ending on or after December 31June 30, 1997 2003 but on or before December 31, 1998 2003 to be greater than 0.60 0.50 to 1.00, or (c) as of the end of any Fiscal Quarter ending on or after March December 31, 1999 2003 to be greater than 0.55 0.45 to 1.00.