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

Total Funded Debt to Capitalization Percentage. Borrower will not, as of the end of any fiscal quarter of Borrower, permit the Total Funded Debt to Capitalization Percentage to exceed 50.0%. The determination of Borrower’s compliance with the foregoing covenants and the components thereof by Agent shall be conclusive and binding absent manifest error.

Appears in 1 contract

Samples: Revolving Credit Agreement (CorEnergy Infrastructure Trust, Inc.)

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Total Funded Debt to Capitalization Percentage. Borrower will not, as of the end of any fiscal quarter of Borrower, permit the Total Funded Debt to Capitalization Percentage to exceed 50.0%. The determination of Borrower’s compliance with the foregoing covenants and the components thereof by Agent shall be conclusive and binding absent manifest error.

Appears in 1 contract

Samples: Revolving Credit Agreement (CorEnergy Infrastructure Trust, Inc.)

Total Funded Debt to Capitalization Percentage. Borrower will not, as of the end of any fiscal quarter of BorrowerBorrower commencing December 31, 2014, permit the Total Funded Debt to Capitalization Percentage to exceed 50.0%. The determination of Borrower’s compliance with the foregoing covenants and the components thereof by Agent shall be conclusive and binding absent manifest error.

Appears in 1 contract

Samples: Revolving Credit Agreement (CorEnergy Infrastructure Trust, Inc.)

Total Funded Debt to Capitalization Percentage. Borrower will not, as of the end of any fiscal quarter of BorrowerBorrower commencing December 31, 2014, permit the Total Funded Debt to Capitalization Percentage to exceed 50.0%. The determination of Borrower’s compliance with the foregoing covenants and the components thereof by Agent shall be conclusive and binding absent manifest error.

Appears in 1 contract

Samples: Revolving Credit Agreement

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Total Funded Debt to Capitalization Percentage. Borrower will not, as of the end of any fiscal quarter of Borrower, permit the Total Funded Debt to Capitalization Percentage to exceed 50.0%. The determination of Borrower’s compliance with the foregoing covenants and the components thereof by Agent shall be conclusive and binding absent manifest error.

Appears in 1 contract

Samples: Revolving Credit Agreement (CorEnergy Infrastructure Trust, Inc.)

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