Maximum Debt to Equity Ratio. HA INC shall not permit, as of any date, the Consolidated Debt to Equity Ratio to equal or exceed 4.00 to 1.00 as of such date; provided that, for purposes of the Compliance Certificate required to be delivered pursuant to Section 11.1.1(e) of the Loan Agreement, such Compliance Certificate will calculate the Consolidated Debt to Equity Ratio as of the last day of the Fiscal Quarter that ended immediately prior to the delivery of such Compliance Certificate.
Appears in 4 contracts
Samples: Continuing Guaranty (Hannon Armstrong Sustainable Infrastructure Capital, Inc.), Continuing Guaranty (Hannon Armstrong Sustainable Infrastructure Capital, Inc.), Continuing Guaranty (Hannon Armstrong Sustainable Infrastructure Capital, Inc.)
Maximum Debt to Equity Ratio. HA INC shall not permit, as of any date, the Consolidated Debt to Equity Ratio to equal or exceed 4.00 to 1.00 as of such date; provided that, for purposes of the Compliance Certificate required to be delivered pursuant to Section 11.1.1(e10.1.1(c) of the Loan Agreement, such Compliance Certificate will calculate the Consolidated Debt to Equity Ratio as of the last day of the Fiscal Quarter that ended immediately prior to the delivery of such Compliance Certificate.
Appears in 2 contracts
Samples: Guaranty (Hannon Armstrong Sustainable Infrastructure Capital, Inc.), Limited Guaranty (Hannon Armstrong Sustainable Infrastructure Capital, Inc.)
