Common use of Total Debt to Capitalization Ratio Clause in Contracts

Total Debt to Capitalization Ratio. The Credit Parties will not at any time permit the Total Debt to Capitalization Ratio as of the end of any fiscal quarter to exceed 60%.

Appears in 4 contracts

Samples: Credit Agreement (Merck & Co. Inc.), Incremental Credit Agreement (Merck & Co Inc), Asset Sale Facility Agreement (Merck & Co Inc)

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Total Debt to Capitalization Ratio. The Credit Parties Borrower will not at any time permit the Total Debt to Capitalization Ratio as of the end of any fiscal quarter to exceed 60%.

Appears in 1 contract

Samples: Bridge Loan Agreement (Merck & Co., Inc.)

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