Maximum Debt to Capitalization Ratio. As of the end of any fiscal quarter, permit the ratio of (i) Total Debt on such date to (ii) Total Capitalization on such date to exceed 0.60 to 1.00.
Appears in 7 contracts
Samples: Guaranty Agreement (Medcath Corp), Loan Agreement (Medcath Corp), Loan Agreement (Medcath Corp)
Maximum Debt to Capitalization Ratio. As Permit the Debt to Capitalization Ratio as of the end last day of any fiscal quarter, permit quarter of Borrower to be greater than the ratio of (i) Total Debt on set forth below opposite such date to (ii) Total Capitalization on such date to exceed 0.60 to 1.00.fiscal quarter: Closing Date through December 2021 65.00% January 2022 through December 2022 62.50% January 2023 and each fiscal quarter thereafter 60.00%
Appears in 2 contracts
Samples: Credit Agreement (Dream Finders Homes, Inc.), Credit Agreement (Dream Finders Homes, Inc.)
