Total Debt to Total Capital. Holdings and the Borrower will not ---------------------------- permit the ratio of Total Debt to Total Capital in each case on any day on which a Borrowing occurs and the last day of each fiscal quarter to exceed (i) on or prior to March 31, 2005, .75 to 1 and (ii) thereafter, .70 to 1.
Appears in 2 contracts
Samples: Credit Agreement (Triton PCS Inc), Credit Agreement (Triton PCS Holdings Inc)
Total Debt to Total Capital. Holdings and the Borrower will not ---------------------------- --------------------------- permit the ratio of Total Debt to Total Capital in each case on any day on which a Borrowing occurs and the last day of each fiscal quarter to exceed (i) on or prior to March 31, 2005, .75 to 1 and (ii) thereafter, .70 to 1.
Appears in 1 contract
Samples: Credit Agreement (Triton PCS Inc)
Total Debt to Total Capital. Holdings and the Borrower will ---------------------------- not ---------------------------- permit the ratio of Total Debt to Total Capital in each case on any day on which a Borrowing occurs and the last day of each fiscal quarter to exceed (i) on or prior to March 31, 2005, .75 to 1 and (ii) thereafter, .70 .7 to 1.
Appears in 1 contract
Samples: Credit Agreement (Triton PCS Inc)