Funded Debt to Capitalization Ratio means the ratio of Funded Debt to the sum of Funded Debt and shareholders’ equity (with shareholders’ equity being calculated including Subordinated Debt), provided that for the purposes of calculating this ratio:
Funded Debt to Capitalization Ratio means, at any date, the ratio of (a) Consolidated Funded Debt for such date to (b) the sum of Consolidated Net Worth plus Consolidated Funded Debt as of such date.
Funded Debt to Capitalization Ratio means, at any time, the ratio of Funded Debt to the sum of Funded Debt plus Consolidated Net Worth.
Examples of Funded Debt to Capitalization Ratio in a sentence
Cascades must maintain at all times, on an Adjusted Consolidated Basis, a Funded Debt to Capitalization Ratio of not more than 65%.
Section 7.11(a) (Consolidated Funded Debt to Capitalization Ratio) of the Existing Credit Agreement is amended by adding the following sentence at the end thereof: “From and after the Fourth Amendment Effective Date, the first date for measurement of the Consolidated Funded Debt to Capitalization Ratio shall be March 31, 2015.” (u)Amendment to Section 7.11(b).
More Definitions of Funded Debt to Capitalization Ratio
Funded Debt to Capitalization Ratio means, for the Companies on a consolidated basis, the ratio of Funded Debt to Total Capital.
Funded Debt to Capitalization Ratio means, as at any date of determination thereof, the ratio of (a) the Borrower's Funded Debt to (b) the sum of the Borrower's (i) Funded Debt and (ii)
Funded Debt to Capitalization Ratio means, as of the last day of a Fiscal Quarter the ratio of Funded Debt to Capitalization;
Funded Debt to Capitalization Ratio means, as at a Quarter End, the ratio of (a) Funded Debt less Unencumbered Cash, as at such Quarter End to (b) Capitalization.
Funded Debt to Capitalization Ratio means (i) Funded Debt divided by (ii) the sum of Funded Debt plus Net Worth. The Funded Debt to Capitalization Ratio may be expressed as a fraction as follows: Funded Debt --------------------------------- Funded Debt + Net Worth "GAAP" means those generally accepted accounting principles and practices which are recognized as such by the American Institute of Certified Public Accountants acting through its Accounting Principles Board or by the Financial Accounting Standards Board or through other appropriate boards or committees thereof, as modified by requirements of the Securities and Exchange Commission, and which are consistently applied for all periods after the date hereof so as to properly reflect the financial condition, and the results of operations and changes in financial position, except that any accounting principle or practice required to be changed by the said Accounting Principles Board or Financial Accounting Standards Board (or other appropriate board or committee of the said Boards) in order to continue as a generally accepted accounting principal or practice may so be changed. In the event of a change in GAAP, the Lenders and the Borrower will thereafter revise any covenants of this Agreement affected thereby in order to make such covenants as now applied consistent with GAAP then in effect.
Funded Debt to Capitalization Ratio means the ratio of (x) Funded Debt ----------------------------------- to (y) the sum of (i) Funded Debt plus (ii) Consolidated Tangible Net Worth. ----
Funded Debt to Capitalization Ratio. Total Capital", "Interest Charges", "Net Worth", "Index Debt Rating", "Initial Adjustment Date", and "Initial Pricing Period".