Total Debt to Total Capitalization Ratio means, at any time, the ratio of Total Debt to Total Capitalization at such time.
Total Debt to Total Capitalization Ratio means, as of the last day of any Calendar Quarter, the ratio of (i) Total Debt outstanding on such day to (ii) Total Capitalization on such day.
Total Debt to Total Capitalization Ratio means the ratio of (a) Total Debt to (b) the sum of total Debt plus US GAAP Net Worth of Max Capital;
Examples of Total Debt to Total Capitalization Ratio in a sentence
Max Capital shall ensure that, at all times during the Security Period, the Total Debt to Total Capitalization Ratio does not exceed 35%.
More Definitions of Total Debt to Total Capitalization Ratio
Total Debt to Total Capitalization Ratio means, as of the last day of any Fiscal Semester of VCP, the ratio (expressed as a decimal) of: (a) the Total Debt as of such day to (b) the Total Capitalization as of such day. For the purpose of clarification, the calculation of the Total Debt to Total Capitalization Ratio (and all components thereof) shall be made using Brazilian GAAP.
Total Debt to Total Capitalization Ratio means, as of any date, the ratio, in each case with respect to the Borrower and its Consolidated Subsidiaries on a consolidated basis, of (a) Total Debt as of such date to (b) the sum of (i) the amount determined under clause (a) of this defined term, plus (ii) the sum of shareholders' equity, plus (iii) deferred income taxes, minus (iv) any noncash income (loss) attributable to interest rate or currency hedging or derivative arrangements, as each may be set forth on the consolidated balance sheet of the Borrower most recently delivered pursuant to Section 5.1(a) or (b), as the case may be; and
Total Debt to Total Capitalization Ratio means the ratio, the numerator of which is the sum of the Company's long-term debt plus current maturities, commercial paper and other short-term borrowings, and the denominator of which is the sum of the Company's long-term debt plus current maturities, commercial paper and other short-term borrowings plus members' equity plus minority interest, if any.
Total Debt to Total Capitalization Ratio means, as of the last day of the preceding fiscal quarter of the related Real Estate Entity, the ratio (expressed as a decimal) of: (a) the Total Debt as of such day to (b) the Total Capitalization as of such day.
Total Debt to Total Capitalization Ratio means, as of any date, the ratio, in each case with respect to the Borrower and its Consolidated Subsidiaries on a consolidated basis, of (a) Total Debt as of such date to (b) the sum of (i) the amount determined under clause (a) of this defined term, plus (ii) the sum of shareholders’ equity, plus (iii) deferred income taxes, minus (iv) any noncash income (loss) attributable to interest rate or currency hedging or derivative arrangements, as each of the items set forth in clauses (ii)-(iv) of this defined term is set forth on the consolidated financial statements of the Borrower most recently delivered pursuant to Section 5.1(a) or (b), as the case may be; and
Total Debt to Total Capitalization Ratio shall have the meaning set forth in the Revolver and shall be calculated in accordance with the terms set forth in the Revolver.
Total Debt to Total Capitalization Ratio means, as of the last day of each Computation Period, the ratio of (a) Total Debt as of such day to (b) Total Capitalization for the such Computation Period.