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