Common use of Senior Debt to Capitalization Ratio Clause in Contracts

Senior Debt to Capitalization Ratio. (i) The Senior Debt to Capitalization Ratio, as of the end of the first, second and fourth fiscal quarter of the Borrower of each fiscal year of the Borrower, shall be less than or equal to .55 to 1.0.

Appears in 2 contracts

Samples: Credit Agreement (Sports & Recreation Inc), Credit Agreement (Jumbosports Inc)

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Senior Debt to Capitalization Ratio. (i) The Senior Debt to Capitalization Ratio, as of calculated at the end of the first, second and fourth fiscal quarter of the Borrower of each fiscal year of the BorrowerFiscal Quarter, shall be less than not equal or equal exceed 0.50 to .55 to 1.01.00.

Appears in 1 contract

Samples: Letter of Credit Agreement (Avondale Inc)

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Senior Debt to Capitalization Ratio. (i) The Permit the Senior Debt to Capitalization Ratio, as of the end of the first, second and fourth Ratio for any fiscal quarter of the Borrower of each fiscal year of the Borrower, shall to be less greater than or equal to .55 0.40 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (Western Gas Resources Inc)

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