Common use of Maximum Debt to Capitalization Ratio Clause in Contracts

Maximum Debt to Capitalization Ratio. The Borrower will not ------------------------------------ permit Consolidated Debt at any time to be more than 55% of Consolidated Capitalization at such time.

Appears in 2 contracts

Samples: Credit Agreement (Extended Stay America Inc), Credit Agreement (Extended Stay America Inc)

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Maximum Debt to Capitalization Ratio. The Borrower will not ------------------------------------ permit the ratio (the “Debt to Capitalization Ratio”) of (i) Consolidated Debt at any time Total Funded Indebtedness to (ii) Consolidated Total Capitalization to be more greater than 55% of Consolidated Capitalization at such time0.65 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Ch Energy Group Inc)

Maximum Debt to Capitalization Ratio. The Borrower will not ------------------------------------ ------------------------------------- permit Consolidated Debt at any time to be more than 55% of Consolidated Capitalization at such time.

Appears in 1 contract

Samples: Credit Agreement (Extended Stay America Inc)

Maximum Debt to Capitalization Ratio. The Borrower will shall not ------------------------------------ permit the ratio of (a) Consolidated Funded Debt at to (b) Total Capitalization as of the end of any time fiscal quarter to be more greater than 55% of Consolidated Capitalization at such time40%.

Appears in 1 contract

Samples: Revolving Credit Agreement (McDermott International Inc)

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Maximum Debt to Capitalization Ratio. The Borrower will shall not ------------------------------------ permit the ratio of Consolidated Debt at Total Indebtedness to Consolidated Capitalization as of the last day of any time fiscal quarter of the Borrower to be more greater than 55% of Consolidated Capitalization at such time0.65 to 1.00.

Appears in 1 contract

Samples: Term Credit Agreement (Marathon Oil Corp)

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