Total Funded Debt to Total Capitalization. The Borrower shall maintain, as of the last day of each fiscal quarter, a ratio of (a) Consolidated Total Funded Debt, as of such date, to (b) Total Capitalization, as of such date, of not more than 0.55 to 1.
Total Funded Debt to Total Capitalization. Permit, as of the end of any fiscal quarter, the ratio of: (a) Aggregate Outstanding Credit Exposure plus the outstanding balance of the Senior Subordinated Notes to (b) Stockholders' Equity plus Aggregate Outstanding Credit Exposure plus the outstanding balance of the Senior Subordinated Notes to be greater than .70 to 1.0.
Total Funded Debt to Total Capitalization. Not at any time permit the ratio of Total Funded Debt to Total Capitalization to exceed: (i) 70%, during the period beginning on March 2, 2003 and continuing through February 27, 2004 and (ii) 55%, during the period from and including February 28, 2004 and at all times thereafter. As used in this covenant the following terms have the following meanings:
Total Funded Debt to Total Capitalization. The Borrower shall not, at any time during each of the periods specified below, permit the ratio of Total Funded Debt to Total Capitalization to exceed: FROM AND INCLUDING TO AND INCLUDING RATIO SHALL NOT EXCEED the date hereof 06/30/99 .55 to 1.0 07/01/99 and at all times thereafter .50 to 1.0
Total Funded Debt to Total Capitalization. Borrower shall maintain its ratio of Total Funded Debt to Total Capitalization of no greater than 45%. This ratio shall be adjusted to no greater than 50% through the testing period ending December 31, 2002, after which this covenant will revert back to the 45% requirement.
Total Funded Debt to Total Capitalization. The ratio of Borrower's Total Funded Debt to Total Capitalization in each fiscal period of Borrower specified below, calculated as of the end of each fiscal quarter of Borrower ended in such period, shall not be greater than the ratio set forth opposite such period: -------------------------------------------------------------------------------- Period Maximum Ratio -------------------------------------------------------------------------------- Any fiscal quarter ended in 1998 0.780 to 1.00 -------------------------------------------------------------------------------- Any fiscal quarter ended in 1999 0.700 to 1.00 -------------------------------------------------------------------------------- Any fiscal quarter ended in 2000 0.650 to 1.00 -------------------------------------------------------------------------------- Any fiscal quarter ended after Jan. 1, 2001 0.575 to 1.00 --------------------------------------------------------------------------------
Total Funded Debt to Total Capitalization. Borrower shall maintain its Total Funded Debt to no greater than 45% of its Total Capitalization.
Total Funded Debt to Total Capitalization. The following amounts reflect the consolidated financial results of the Borrower and its Subsidiaries for the dates or time periods referred to in Section 6.7 of the Amended and Restated Credit Agreement, in each case at the end of the fiscal quarter referred to above:
(a) Consolidated Total Funded Debt $
(b) Total Capitalization $
(c) ratio of line 3(a) to line 3(b) to 1 Compliance: Is line 3(c) less than or equal to 0.55 to 1? [yes/no]
