Common use of Gearing Clause in Contracts

Gearing. The Company must ensure that Consolidated Total Borrowings do not at any time exceed 150 per cent. of Consolidated Total Equity at that time.

Appears in 1 contract

Samples: Facility Agreement (eHi Car Services LTD)

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Gearing. The Company must ensure that Consolidated Total Borrowings do not at any time exceed 150 100 per cent. of Consolidated Total Equity Tangible Net Worth at that time.

Appears in 1 contract

Samples: Facility Agreement (Baidu, Inc.)

Gearing. The Company must ensure that Consolidated Total Net Borrowings do not at any time exceed 150 100 per cent. of Consolidated Total Equity Tangible Net Worth at that time.

Appears in 1 contract

Samples: Partnership Agreement (Centex Development Co Lp)

Gearing. The Company must ensure that Consolidated Total Borrowings do not at any time exceed 150 35 per cent. of Consolidated Total Equity Tangible Net Worth at that time.

Appears in 1 contract

Samples: Credit Facility Agreement (Converium Holding Ag)

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Gearing. The Company must ensure that Consolidated Total Borrowings do not at any time exceed 150 80 per cent. of Consolidated Total Equity Tangible Net Worth at that time.

Appears in 1 contract

Samples: Credit Facility Agreement (Baidu, Inc.)