Common use of Ratio of Total Funded Debt to Total Capitalization Clause in Contracts

Ratio of Total Funded Debt to Total Capitalization. XL Group will not permit at any time its ratio of (a) Total Funded Debt to (b) the sum of Total Funded Debt plus Consolidated Net Worth to be greater than 0.35:1.00.

Appears in 7 contracts

Samples: 364 Day Bridge Loan Agreement (Xl Group PLC), Secured Credit Agreement (Xl Group PLC), Unsecured Credit Agreement (Xl Group PLC)

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Ratio of Total Funded Debt to Total Capitalization. XL Group Capital will not permit at any time its ratio of (a) Total Funded Debt to (b) the sum of Total Funded Debt plus Consolidated Net Worth to be greater than 0.35:1.000.35:1.00 at any time.

Appears in 5 contracts

Samples: 364 Day Credit Agreement (Xl Capital LTD), 364 Day Credit Agreement (Xl Capital LTD), Credit Agreement (Xl Capital LTD)

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Ratio of Total Funded Debt to Total Capitalization. XL Group Capital will not permit at any time its ratio of (a) Total Funded Debt to (b) the sum of Total Funded Debt plus Consolidated Net Worth to be greater than 0.35:1.00.

Appears in 1 contract

Samples: Credit Agreement (Xl Capital LTD)

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