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

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

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

Appears in 3 contracts

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