Common use of Maintenance of Consolidated Indebtedness to Consolidated Capitalization Clause in Contracts

Maintenance of Consolidated Indebtedness to Consolidated Capitalization. Permit the ratio (expressed as a percentage) of Consolidated Indebtedness to Consolidated Capitalization of Holdings as at the end of any of Holdings' fiscal quarters to be greater than .65 to 1.0; provided that for purposes of calculating the numerator of the foregoing ratio, Consolidated Indebtedness shall exclude seventy percent (70%) of the Indebtedness in respect of the TIDES Debentures.

Appears in 3 contracts

Samples: Credit Agreement (Hanover Compressor Co /), Hanover Compressor Co /, Hanover Compression Inc

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Maintenance of Consolidated Indebtedness to Consolidated Capitalization. Permit the ratio (expressed as a percentage) of Consolidated Indebtedness to Consolidated Capitalization of Holdings HCC and its Subsidiaries as at the end of any of Holdings' HCC's fiscal quarters to be greater than .65 to 1.0; provided that for purposes of calculating the numerator of the foregoing ratio, Consolidated Indebtedness shall exclude seventy percent (70%) of the Indebtedness in respect of the TIDES Debentures.

Appears in 3 contracts

Samples: Credit Agreement (Hanover Compressor Co), Guarantee (Hanover Compressor Co), Guarantee (Hanover Compressor Co)

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Maintenance of Consolidated Indebtedness to Consolidated Capitalization. Permit the ratio (expressed as a percentage) of Consolidated Indebtedness to Consolidated Capitalization of Holdings HCC and its Subsidiaries as at the end of any of Holdings' HCC's fiscal quarters to be greater than .65 to 1.0; provided that for purposes of calculating the numerator of the foregoing ratio, Consolidated Indebtedness shall exclude seventy percent (7065%) of the Indebtedness in respect of the TIDES Debentures.

Appears in 1 contract

Samples: Credit Agreement (Hanover Compressor Co)

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