Maximum Leverage. The Borrower shall not permit the ratio of (a) Consolidated Indebtedness to (b) Consolidated Capital, determined as of the last day of each fiscal quarter, to exceed 0.68 to 1.00.
Appears in 8 contracts
Samples: Credit Agreement (Nv Energy, Inc.), Credit Agreement (Nv Energy, Inc.), Credit Agreement (Nv Energy, Inc.)
Maximum Leverage. The Borrower shall not permit the ratio of (a) Consolidated ---------------- Total Indebtedness to (b) Consolidated Capitalthe sum of Total Indebtedness and Shareholders' Equity, determined as of the last day of each fiscal quarter, to exceed 0.68 0.65 to 1.001.
Appears in 3 contracts
Samples: Credit Agreement (Nevada Power Co), Credit Agreement (Nevada Power Co), Credit Agreement (Sierra Pacific Power Co)
Maximum Leverage. The Borrower shall not permit the ratio of (a) Consolidated Indebtedness to (b) Consolidated Capital, determined as of the last day of each fiscal quarter, to exceed 0.68 to 1.001.
Appears in 2 contracts
Samples: Credit Agreement (Sierra Pacific Resources /Nv/), Credit Agreement (Sierra Pacific Resources /Nv/)
Maximum Leverage. The Borrower shall not permit the ---------------- ratio of (a) Consolidated Total Indebtedness to (b) Consolidated Capitalthe sum of Total Indebtedness and Shareholders' Equity, determined as of the last day of each fiscal quarter, to exceed 0.68 0.65 to 1.001.
Appears in 1 contract
Samples: Credit Agreement (Nevada Power Co)
Maximum Leverage. The Borrower shall not permit the ----------------- ratio of (a) Consolidated Total Indebtedness to (b) Consolidated Capitalthe sum of Total Indebtedness and Shareholders' Equity, determined as of the last day of each fiscal quarter, to exceed 0.68 0.60 to 1.001.
Appears in 1 contract
Samples: Credit Agreement (Nevada Power Co)
Maximum Leverage. The Borrower shall not permit the ---------------- ratio of (a) Consolidated Total Indebtedness to (b) Consolidated Capitalthe sum of Total Indebtedness and Shareholders' Equity, determined as of the last day of each fiscal quarter, to exceed 0.68 0.60 to 1.001.
Appears in 1 contract
Samples: Credit Agreement (Nevada Power Co)
Maximum Leverage. The Borrower shall not permit the ratio of (a) Consolidated Total Indebtedness to (b) Consolidated Capitalthe sum of Total Indebtedness and Shareholders' Equity, determined as of the last day of each fiscal quarter, to exceed 0.68 0.60 to 1.001.
Appears in 1 contract
Maximum Leverage. The Borrower shall not permit the ratio of (ai) Consolidated Indebtedness Debt to (bii) Consolidated Total Capital, determined as of the last day of each fiscal quarter, to exceed 0.68 0.75 to 1.001.
Appears in 1 contract
Samples: Credit Agreement (Aquila Inc)