Common use of Net Debt to Equity Ratio Clause in Contracts

Net Debt to Equity Ratio. The Company will not permit the Net Debt to Equity Ratio as of the last day of any fiscal quarter of the Company to be greater than 2.0 to 1.0.

Appears in 3 contracts

Samples: Note Purchase Agreement (Barings Capital Investment Corp), Note Purchase Agreement (Barings BDC, Inc.), Note Purchase Agreement (Barings BDC, Inc.)

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Net Debt to Equity Ratio. The Company will not permit the Net Debt to Equity Ratio as of the last day of any fiscal quarter of the Company to be greater than 2.0 the maximum debt to 1.0equity ratio required to be held by the Company to comply with the Investment Company Act.

Appears in 1 contract

Samples: Note Purchase Agreement (Hercules Capital, Inc.)

Net Debt to Equity Ratio. The Company will not permit the its Net Debt to Equity Ratio as of the last day end of any fiscal quarter of the Company to be greater than 2.0 0.80 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (Schweitzer Mauduit International Inc)

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Net Debt to Equity Ratio. The Company will not permit the Net Debt to Equity Ratio as of the last day of any fiscal quarter of the Company to be greater than 2.0 2.00 to 1.01.00.

Appears in 1 contract

Samples: Master Note Purchase Agreement (Hercules Capital, Inc.)

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