Indebtedness to Capitalization Ratio. At the end of each calendar quarter, Consolidated Indebtedness divided by Total Capital shall not exceed 60%. For purposes of this provision "Total Capital" is equal to the sum of Consolidated Stockholders' Equity, exclusive of the effect of any noncash writedowns made subsequent to the date hereof, plus Consolidated Indebtedness, each at such time.
Appears in 3 contracts
Samples: 364 Day Credit Agreement (Anadarko Petroleum Corp), 364 Day Credit Agreement (Anadarko Petroleum Corp), Competitive Advance/Revolving Credit Agreement (Anadarko Petroleum Corp)
Indebtedness to Capitalization Ratio. At the end of each calendar quarterfiscal quarter of the Borrower, Consolidated Indebtedness divided by Total Capital shall not exceed 6065%. For purposes of this provision "provision, “Total Capital" ” is equal to the sum (without duplication) of Consolidated Stockholders' ’ Equity, exclusive of the effect of any noncash writedowns made subsequent to the date hereof, plus Consolidated Indebtedness, each at such time.
Appears in 3 contracts
Samples: 364 Day Revolving Credit Agreement (Anadarko Petroleum Corp), 364 Day Revolving Credit Agreement (Anadarko Petroleum Corp), Credit Agreement (Anadarko Petroleum Corp)
Indebtedness to Capitalization Ratio. At the end of each calendar quarter, Consolidated Indebtedness divided by Total Capital shall not exceed 60%. For purposes of this provision "“Total Capital" ” is equal to the sum of Consolidated Stockholders' ’ Equity, exclusive of the effect of any noncash writedowns made subsequent to the date hereof, plus Consolidated Indebtedness, each at such time.
Appears in 1 contract
Samples: Revolving Credit Agreement (Western Gas Partners LP)
Indebtedness to Capitalization Ratio. At the end of each calendar quarter, Consolidated Indebtedness divided by Total Capital shall not exceed 60%. For purposes of this provision "Total Capital" is equal to the sum of Consolidated Stockholders' Equity, exclusive of the effect of any noncash writedowns made subsequent to the date hereof, plus Consolidated Indebtedness, each at such time."
Appears in 1 contract
Samples: Revolving Credit Agreement (Anadarko Petroleum Corp)
Indebtedness to Capitalization Ratio. At the end of each calendar quarterquarter through and including the calendar quarter ending September 30, 2007, Consolidated Indebtedness divided by Total Capital shall not exceed 75%. At the end of each calendar quarter thereafter, Consolidated Indebtedness divided by Total Capital shall not exceed 60%. For purposes of this provision "“Total Capital" ” is equal to the sum of Consolidated Stockholders' ’ Equity, exclusive of the effect of any noncash writedowns made subsequent to the date hereof, plus Consolidated Indebtedness, each at such time.
Appears in 1 contract
Samples: Revolving Credit Agreement (Western Gas Partners LP)
