Common use of Long-Term Debt Clause in Contracts

Long-Term Debt. Long Term Debt Plus Current Maturities (a),(1) Total Shareholders’ Equity (b),(2) Total Capitalization (a) + (b) (3) Consolidated Ratio = (1) / (3): Hurdle < 65% (Show calculation) PASS/FAIL

Appears in 4 contracts

Sources: Credit Agreement (RGC Resources Inc), Loan Agreement (RGC Resources Inc), Loan Agreement (RGC Resources Inc)