Common use of Ratio of Consolidated Indebtedness to Capitalization Clause in Contracts

Ratio of Consolidated Indebtedness to Capitalization. In the case of any Borrower (other than WPZ), such Borrower shall not permit its ratio of (i) Consolidated Indebtedness of such Borrower as of the last day of any fiscal quarter for which financial statements have been delivered pursuant to Section 5.01 (commencing with the fiscal quarter ending June 30, 2011) to (ii) the Consolidated Total Capitalization of such Borrower as of such date to exceed 65%.

Appears in 4 contracts

Samples: Credit Agreement (Williams Companies Inc), Credit Agreement (Northwest Pipeline Gp), Credit Agreement (Transcontinental Gas Pipe Line Company, LLC)

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Ratio of Consolidated Indebtedness to Capitalization. In the case of any Borrower (other than WPZ), such The Borrower shall not permit its the ratio of (i) Consolidated Indebtedness of such the Borrower as of the last day of any fiscal quarter for which financial statements have been delivered pursuant to Section 5.01 (commencing with the fiscal quarter ending June 30, 2011) to (ii) the Consolidated Total Capitalization of such the Borrower as of such date to exceed 6560%.

Appears in 3 contracts

Samples: Credit Agreement (Williams Companies Inc), Credit Agreement (WPX Energy, Inc.), Credit Agreement (Williams Companies Inc)

Ratio of Consolidated Indebtedness to Capitalization. In the case of any Borrower (other than WPZ), such Borrower shall not permit its ratio of (i) Consolidated Indebtedness of such Borrower as of the last day of any fiscal quarter for which financial statements have been delivered pursuant to Section 5.01 (commencing with the fiscal quarter ending June 30, 2011) to (ii) the Consolidated Total Capitalization of such Borrower as of such date to exceed 65%0.65:1.00.

Appears in 2 contracts

Samples: Credit Agreement (Williams Partners L.P.), Credit Agreement (Williams Partners L.P.)

Ratio of Consolidated Indebtedness to Capitalization. In the case of any Borrower (other than WPZ), such Borrower shall not permit its ratio of (i) Consolidated Indebtedness of such Borrower as of the last day of any fiscal quarter for which financial statements have been delivered pursuant to Section 5.01 (commencing with the fiscal quarter ending June 30, 20112010) to (ii) the sum of Consolidated Total Capitalization Net Worth of such Borrower plus the Consolidated Indebtedness of such Borrower as of such date to exceed 6555%.

Appears in 2 contracts

Samples: Credit Agreement (Williams Pipeline Partners L.P.), Credit Agreement (Williams Partners L.P.)

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Ratio of Consolidated Indebtedness to Capitalization. In the case of any Borrower (other than WPZXxxxxxxx), such Borrower shall not permit its ratio of (i) Consolidated Indebtedness of such Borrower as of the last day of any fiscal quarter for which financial statements have been delivered pursuant to Section 5.01 (commencing with the fiscal quarter ending June 30, 2011) to (ii) the Consolidated Total Capitalization of such Borrower as of such date to exceed 65%0.65:1.00.

Appears in 1 contract

Samples: Credit Agreement (Williams Companies Inc)

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