Total Secured Debt to Contributed Capital. Shall not permit ----------------------------------------- the ratio of (i) Total Debt owed by the Borrower secured by Shared Liens outstanding as of any date of determination to (ii) Contributed Capital as of such date of determination to be greater than the ratio corresponding to the date set forth below on or immediately preceding such date: Date Ratio ---- ----- 12/31/1999 2.00x 06/30/2000 1.75x 12/31/2000 1.75x 06/30/2001 1.75x 12/31/2001 1.75x 06/30/2002 1.75x 12/31/2002 1.75x 06/30/2003 1.75x 12/31/2003 1.75x 06/30/2004 1.75x 1.75x Date Ratio ---- ----- 12/31/2004 06/30/2005 1.75x 12/31/2005 1.75x 06/30/2006 1.75x 12/31/2006 1.75x "
Appears in 2 contracts
Samples: Credit Agreement (Diveo Broadband Networks Inc), Credit Agreement (Diveo Broadband Networks Inc)
Total Secured Debt to Contributed Capital. Shall not permit ----------------------------------------- the ratio of (i) Total Debt owed by the Borrower secured by Shared Liens outstanding as of any date of determination to (ii) Contributed Capital as of such date of determination to be greater than the ratio corresponding to the date set forth below on or immediately preceding such date: Date Ratio ---- ----- 12/31/1999 2.00x 06/30/2000 1.75x 12/31/2000 1.75x 06/30/2001 1.75x 12/31/2001 1.75x 06/30/2002 1.75x 12/31/2002 1.75x 06/30/2003 1.75x 12/31/2003 1.75x 06/30/2004 1.75x 12/31/2004 1.75x Date Ratio ---- ----- 12/31/2004 06/30/2005 1.75x 12/31/2005 1.75x 06/30/2006 1.75x 12/31/2006 1.75x "1.75x
Appears in 2 contracts
Samples: Credit Agreement (Diveo Broadband Networks Inc), Credit Agreement (Diveo Broadband Networks Inc)
Total Secured Debt to Contributed Capital. Shall not permit ----------------------------------------- the ratio of (i) Total Debt owed by the Borrower secured by Shared Liens outstanding as of any date of determination to (ii) Contributed Capital as of such date of determination to be greater than the ratio corresponding to the date set forth below on or immediately preceding such date: Date Ratio ---- ----- 12/31/1999 2.00x 06/30/2000 1.75x 2.00x 12/31/2000 1.75x 06/30/2001 1.75x 12/31/2001 1.75x 06/30/2002 1.75x 12/31/2002 1.75x 06/30/2003 1.75x 12/31/2003 1.75x 06/30/2004 1.75x 1.75x 2.00x Date Ratio ---- ----- 06/30/2001 2.75x 12/31/2001 2.75x 06/30/2002 2.75x 12/31/2002 2.75x 06/30/2003 2.70x 12/31/2003 2.70x 06/30/2004 2.30x 12/31/2004 2.30x 06/30/2005 1.75x 2.00x 12/31/2005 1.75x 2.00x 06/30/2006 1.75x 1.95x 12/31/2006 1.75x "1.95x
Appears in 1 contract
