Common use of Ratio of Debt to Capital Clause in Contracts

Ratio of Debt to Capital. The Borrower shall not at any time permit the ratio of its Consolidated Debt (of the type described in any or all of clauses (a), (b), (c), (d), (e) and (h) of the definition of “Debt”) to its Total Capitalization to be greater than 0.35 to 1.

Appears in 4 contracts

Samples: Credit Agreement (United Fire Group Inc), Credit Agreement (United Fire & Casualty Co), Credit Agreement (State Auto Financial CORP)

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Ratio of Debt to Capital. The Borrower shall not at any time permit the ratio of its Consolidated Total Debt (of the type described in any or all of clauses (a), (b), (c), (d), (e) and (h) of the definition of “Debt”) to its Total Capitalization to be greater than 0.35 0.30 to 1.

Appears in 2 contracts

Samples: Credit Agreement (Radian Group Inc), Credit Agreement (Radian Group Inc)

Ratio of Debt to Capital. The Borrower shall not at any time permit the ratio of its Consolidated Borrower’s Debt (of the type described in any or all of clauses (a), (b), (c), (d), (e) and (h) of the definition of “Debt” to the extent applicable to Borrower) to its Borrower’s Total Capitalization to be greater than 0.35 to 11.0.

Appears in 2 contracts

Samples: Credit Agreement (State Auto Financial CORP), Credit Agreement (State Auto Financial CORP)

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Ratio of Debt to Capital. The Borrower shall not at any time permit the ratio of its Consolidated Debt (of the type described in any or all of clauses (a), (b), (c), (d), (e) and (h) of the definition of “Debt”) to its Total Capitalization to be greater than 0.35 0.30 to 1.

Appears in 1 contract

Samples: Credit Agreement (State Auto Financial Corp)

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