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

Funded Indebtedness to Capitalization Ratio. Permit the Funded Indebtedness to Capitalization Ratio (a) as of the end of any Fiscal Quarter ending on or before after June 30, 2003 1999 but on or before December 31, 1999 to be greater than 0.55 0.80 to 1.00, or (b) as of the end of any Fiscal Quarter ending on or after June 30March 31, 2003 2000 but on or before December 31, 2003 2000 to be greater than 0.50 0.65 to 1.00, or (c) as of the end of any Fiscal Quarter ending on or after December March 31, 2003 2001 to be greater than 0.45 0.55 to 1.00.