Common use of Gearing Clause in Contracts

Gearing. The Guarantor must ensure that its Total Borrowings are always less than 65% of its Total Assets.

Appears in 5 contracts

Samples: Note Purchase Agreement (Atlas Corp.), Credit Agreement (Atlas Corp.), Credit Agreement (Atlas Corp.)

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Gearing. The Guarantor must ensure that its Total Borrowings are always less than 6575% of its Total Assets.

Appears in 3 contracts

Samples: Credit Agreement (Atlas Corp.), Credit Agreement (Atlas Corp.), Note Purchase Agreement (Atlas Corp.)

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