Maximum Debt to Capitalization Ratio. Permit the Debt to Capitalization Ratio as of the last day of any fiscal quarter of Borrower to be greater than the ratio set forth below opposite such fiscal quarter: Four Fiscal Quarters Ending Maximum Debt to Capitalization Ratio Closing Date through December 2021 65.00% January 2022 through December 2022 62.50% January 2023 and each fiscal quarter thereafter 60.00%
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Samples: Credit Agreement (Dream Finders Homes, Inc.), Credit Agreement (Dream Finders Homes, Inc.)
Maximum Debt to Capitalization Ratio. Permit the Debt to Capitalization Ratio as of the last day of any fiscal quarter of Borrower to be greater than the ratio set forth below opposite such fiscal quarter: Four Fiscal Quarters Ending Maximum Debt to Capitalization Ratio Closing Date through December 2021 65.00% January 2022 through December 2022 62.50% January 2023 and each fiscal quarter thereafter 60.00%. (b)
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Maximum Debt to Capitalization Ratio. Permit the Debt to Capitalization Ratio as of the last day of any fiscal quarter of Borrower to be greater than the ratio set forth below opposite such fiscal quarter: Four Fiscal Quarters Ending Maximum Debt to Capitalization Ratio Closing Date through December 2021 65.00% January 2022 through December 2022 62.50% January 2023 and each fiscal quarter thereafter 60.00%
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