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

Ratio of Total Funded Debt to Total Capitalization. The Borrower will not permit, as of the last day of any fiscal quarter, its ratio of its Total Funded Debt as of such time to its Total Capitalization as of such time to be greater than or equal to 0.35 to 1.0.

Appears in 2 contracts

Samples: Credit Agreement (Synergy Resources Corp), Credit Agreement (Synergy Resources Corp)

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Ratio of Total Funded Debt to Total Capitalization. The Borrower will not permit, as of the last day of any fiscal quarter, its ratio of its Total Funded Debt as of such time to its Total Capitalization as of such time to be greater than or equal to 0.35 to 1.00.50.

Appears in 1 contract

Samples: Credit Agreement (Synergy Resources Corp)

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Ratio of Total Funded Debt to Total Capitalization. The Borrower will not permitshall not, as of the last day of any each fiscal quarterquarter of the Borrower, its permit the ratio of its Total Funded Debt as of at such time to its Total Capitalization as of at such time to be greater more than or equal 0.50 to 0.35 to 1.01.00.

Appears in 1 contract

Samples: Credit Agreement (Cleveland Cliffs Inc)

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