Ratio of CFSC Debt to Consolidated Net Worth. (i) Maintain at all times a ratio (the “Leverage Ratio”) of (x) Debt of CFSC and its Subsidiaries on a consolidated basis to (y) CFSC’s Consolidated Net Worth of not greater than 10.0 to 1. For purposes of this subsection (i), the Leverage Ratio at any time shall be equal to the average of the Leverage Ratios as determined on the last day of each of the six preceding calendar months.
Appears in 8 contracts
Samples: Credit Agreement (Caterpillar Inc), Credit Agreement (Caterpillar Inc), Credit Agreement (Caterpillar Financial Services Corp)
