Maximum Indebtedness to Capitalization Ratio Sample Clauses

Maximum Indebtedness to Capitalization Ratio. The Borrower shall not permit the Indebtedness to Capitalization Ratio as of the last day of any Fiscal Quarter to exceed 0.35 to 1.0.
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Maximum Indebtedness to Capitalization Ratio. The Borrower will not permit the ratio (the “Indebtedness to Capitalization Ratio”) of (i) Consolidated Total Indebtedness to (ii) Consolidated Total Capitalization to be greater than 0.45 to 1.00, at any time when the Consolidated Total Indebtedness is greater than or equal to $250,000,000.
Sample 1Sample 2
Maximum Indebtedness to Capitalization Ratio. The Company shall not at any time permit the ratio of (a) Total Indebtedness to (b) the sum of Total Indebtedness plus Net Worth to exceed the following ratios during the following periods: Total Indebtedness to Periods Capitalization Ratio ------- -------------------- Closing Date through 12/31/96 0.90:1.00 1/1/97 through 12/31/97 0.85:1.00 1/1/98 through 12/31/98 0.75:1.00 1/1/99 through 12/31/99 0.70:1.00 1/1/00 and thereafter 0.60:1.00
Sample 1
Maximum Indebtedness to Capitalization Ratio. The Borrower shall not permit the Indebtedness to Capitalization Ratio as of the last day of any Fiscal Quarter to exceed 0.475:1.00; provided, that, beginning with the last day of the Fiscal Quarter in which the closing of the Assurant IPO occurs (and on the last day of any Fiscal Quarter thereafter), the Borrower shall not permit the Indebtedness to Capitalization Ratio to exceed 0.35:1.00; provided, further, that, notwithstanding the foregoing, for the Fiscal Quarters ending December 31, 2003 and March 31, 2004, the Borrower shall not permit the Indebtedness to Capitalization Ratio to exceed 0.50:1.00.
Sample 1

Related to Maximum Indebtedness to Capitalization Ratio

  • Debt to Capitalization Ratio As of the last day of each fiscal quarter of the Borrower, the Debt to Capitalization Ratio shall be less than or equal to 0.70 to 1.0.

  • Capitalization Ratio Permit the ratio of Consolidated Debt of the Borrower to Consolidated Capital of the Borrower to exceed .58 to 1.00.

  • Maximum Consolidated Leverage Ratio The Consolidated Leverage Ratio at any time may not exceed 0.75 to 1.00; and

  • Maximum Leverage Ratio The Borrower will not permit the Leverage Ratio as of the end of any fiscal quarter to be greater than 0.55 to 1.00.

  • Maximum Senior Leverage Ratio Permit the Senior Leverage Ratio on the last day of any fiscal quarter during any period set forth below to be greater than the ratio set forth opposite such date or period below: Period Ratio ------ ----- September 30, 2001 2.50:1.0 December 31, 2001 2.00:1.0 March 31, 2002 through June 30, 2002 2.50:1.0 September 30, 2002 2.00:1.0 December 31, 2002 1.50:1.0 March 31, 2003 through June 30, 2003 2.00:1.0 September 30, 2003 1.50:1.0 December 31, 2003 and thereafter 1.25:1.0

  • Cash Flow Leverage Ratio The Borrower will not permit the Cash Flow Leverage Ratio on the last day of any fiscal quarter to exceed 3.50 to 1.00.

  • Consolidated Senior Leverage Ratio As of the end of each fiscal quarter of the members of the Consolidated Group, the Consolidated Senior Leverage Ratio shall not be greater than the ratio set forth below: Fiscal Quarter End Ratio ------------------ ----- December 31, 2000 3.00:1.0 March 31, 2001 3.10:1.0 June 30, 2001 3.10:1.0 September 30, 2001 2.75:1.0 December 31, 2001 and thereafter 2.50:1.0 1.6 Clause (c) of Section 7.9 of the Credit Agreement is amended to read as follows:

  • Maximum Total Leverage Ratio The Borrower shall maintain, on the last day of each fiscal quarter set forth below, a Total Leverage Ratio of not more than the maximum ratio set forth below opposite such fiscal quarter: October 31, 2007, January 31, 2008, April 30, 2008, July 31, 2008, October 31, 2008 and January 31, 2009 4.7 to 1 April 30, 2009, July 31, 2009, October 31, 2009 and January 31, 2010 4.2 to 1 April 30, 2010 and each fiscal quarter thereafter 4.0 to 1

  • Leverage Ratio The Borrower will not permit the Leverage Ratio to exceed 4.50 to 1.0 on the last day of any Fiscal Quarter.

  • Consolidated Leverage Ratio Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 2.50 to 1.0.

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