Common use of Indebtedness to Capitalization Clause in Contracts

Indebtedness to Capitalization. The ratio of (a) Indebtedness of the Borrower and its consolidated Subsidiaries to (b) Capitalization shall at all times be less than or equal to 0.70 to 1.0.

Appears in 2 contracts

Samples: Bridge Credit Agreement, Bridge Credit Agreement (Southern Co)

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Indebtedness to Capitalization. The ratio of (a) Indebtedness of the Borrower and its consolidated Subsidiaries to (b) Capitalization shall at all times be less than or equal to 0.70 ..65 to 1.0.

Appears in 2 contracts

Samples: Multi Year Credit Agreement (Southern Power Co), Multi Year Credit Agreement (Alabama Power Co)

Indebtedness to Capitalization. The ratio of (a) Indebtedness of the Borrower and its consolidated Subsidiaries to (b) Capitalization shall at all times be less than or equal to 0.70 .65 to 1.0.

Appears in 1 contract

Samples: Multi Year Credit Agreement (Alabama Power Co)

Indebtedness to Capitalization. The ratio of (a) Indebtedness of the Borrower and its consolidated Subsidiaries to (b) Capitalization shall at all times be less than or equal to 0.70 0.65 to 1.0.

Appears in 1 contract

Samples: Term Loan Agreement (Alabama Power Co)

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Indebtedness to Capitalization. The ratio of (a) Indebtedness of the Borrower and its consolidated Subsidiaries to (b) Capitalization shall at all times be less than or equal to 0.70 .65 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (Mississippi Power Co)

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