Capitalization Ratio definition

Capitalization Ratio means, at any date of determination, the ratio of (a) Funded Debt to (b) Capitalization.

Capitalization Ratio means, as of any calculation date, the ratio of (i) Consolidated Funded Indebtedness of the Company and its Restricted Subsidiaries as of such calculation date to (ii) Total Capitalization of the Company and its Restricted Subsidiaries on a consolidated basis as of such calculation date. This ratio may be expressed as a percentage.

Capitalization Ratio means, at any time, the ratio of Consolidated Funded Indebtedness to Consolidated Total Capitalization.

Examples of Capitalization Ratio in a sentence

• The Borrower shall not permit the Consolidated Capitalization Ratio on the last day of any fiscal quarter to exceed 0.65 to 1.0.

• Unrated Non-Market Participant Transmission Customers having a Market Credit Limit or Transmission Credit Limit greater than $0 shall also provide additional financial statements, which shall show sufficient detail for the ISO to calculate such Unrated Non-Market Participant Transmission Customer’s Current Ratio, Debt-to-Total Capitalization Ratio andEBITDA-to-Interest Expense Ratio.

• As of the last day of each fiscal quarter of the Borrower, the Debt to Capitalization Ratio shall be less than or equal to 0.70 to 1.0.

• Permit the Consolidated Capitalization Ratio on the last day of any fiscal quarter, from and after the last day of the first fiscal quarter ending after the Effective Date, to exceed 0.65 to 1.00.

• Unrated Market Participants having a Market Credit Limit or Transmission Credit Limit greater than zero shall also provide additional financial statements, which shall show sufficient detail for the ISO to calculate such Unrated Market Participant’s Current Ratio, Debt-to-Total Capitalization Ratio and EBITDA-to-Interest Expense Ratio.

More Definitions of Capitalization Ratio

Capitalization Ratio means, as of the last day of any fiscal quarter of the Borrower, the ratio, expressed as a percentage, of (i) Total Consolidated Net Debt of the Borrower and its Subsidiaries on such date to (ii) Total Capitalization of the Borrower and its Subsidiaries on such date.

Capitalization Ratio means, at any Measurement Date, the ratio of (x) the Consolidated Debt of the Company on such date to (y) the sum of (i) such Consolidated Debt plus (ii) Consolidated Net Worth on such date.

Capitalization Ratio means, as of the last day of any fiscal quarter, the ratio of (i) Consolidated Indebtedness as of such date to (ii) the sum of Consolidated Indebtedness and Consolidated Net Worth, each as of such date.

Capitalization Ratio means, with respect to any Person, the ratio of such Person’s Total Debt to such Person’s Total Capitalization.

Capitalization Ratio has the meaning assigned to that term in Section 7.5A.

Capitalization Ratio at a particular date, the ratio of (a) Indebtedness of the Borrower and its Included Subsidiaries at such date to (b) the sum of (i) Indebtedness of the Borrower and its Included Subsidiaries at such date and (ii) the Consolidated Net Worth at such date.

Capitalization Ratio means, as of any date of determination, the result (expressed as a percentage) obtained by dividing (x) Consolidated Net Worth of the Company by (y) Net Loan Portfolio of the Company.