CONSOLIDATED INDEBTEDNESS TO TOTAL CAPITALIZATION. Neither the Parent nor the Borrower will permit the ratio of Consolidated Indebtedness to Total Capitalization at any time during any period set forth below to be greater than the ratio set forth below opposite such period: Period Ratio ------ ----- On or after the Effective Date, but prior [ * ] to March 31, 2000 On or after March 31, 2000, but prior [ * ] to March 31, 2001 On or after March 31, 2001, but prior [ * ] to June 30, 2003 On or after June 30, 2003 [ * ]
CONSOLIDATED INDEBTEDNESS TO TOTAL CAPITALIZATION. The Borrower will not permit its Consolidated Indebtedness to be more than 55% of its Total Capitalization at the end of any Fiscal Quarter.
CONSOLIDATED INDEBTEDNESS TO TOTAL CAPITALIZATION. Actual Required ------- -------- ______% 60% Attached are calculations demonstrating such compliance. DATED as of _____________________. _______________________________________ [SIGNATURE OF AUTHORIZED OFFICER OF WIL] ---------- (7) Not more than 20% of WIL's Net Worth. EXHIBIT D FORM OF BORROWING REQUEST UBS AG, Stamford Branch, as Administrative Agent for the Lenders referred to below, 677 Washington Boulevard Stamford, Connecticut 06901 Attention: Vladxxxxx Xxxxxxxxx Xxxxxxxx: (000) 000-0000 Re: Weatherford International Ltd. ("WIL") Weatherxxxx Xxxxxxxxx Managxxxxx Xxxxxry Limited Liability Company ("HOC") [Date] Ladies and Gentlemen: Reference is made to the 364-Day Revolving Credit Agreement dated as of August 25, 2005 (as restated, amended, modified, supplemented and in effect from time to time, the "Credit Agreement"), among WIL and HOC, as Borrowers (each, a "Borrower"), Weatherford International, Inc. ("WII", and together with the Borrowerx, xxx "Xxxigors"), the Lenders party thereto and UBS AG, Stamford Branch, as Administrative Agent (in such capacity, the "Administrative Agent") for the Lenders. Capitalized terms used herein and not defined herein have the respective meanings herein as are assigned to such terms in the Credit Agreement. [WIL] [HOC] (the "Requesting Borrower") hereby gives you notice pursuant to Section 2.02 of the Credit Agreement that it requests a Borrowing under the Credit Agreement, and in that connection sets forth below the terms on which such Borrowing is requested to be made:
CONSOLIDATED INDEBTEDNESS TO TOTAL CAPITALIZATION. The Parent will not permit the ratio of Consolidated Indebtedness to Total Capitalization at any time during any period set forth below to be greater than the ratio set forth below opposite such period: Period Ratio ------ ----- On or after January 1, 1999, 0.90 to 1.0 but prior to October 1, 1999 On or after October 1, 1999, 0.91 to 1.0 but prior to April 1, 2000 On or after April 1, 2000, 0.92 to 1.0 but prior to January 1, 2001 On or after January 1, 2001, 0.93 to 1.0 but prior to January 1, 2002 On or after January 1, 2002, 0.94 to 1.0 but prior to January 1, 2004 On or after January 1, 2004, 0.90 to 1.0 but prior to April 1, 2004 On or after April 1, 2004, 0.85 to 1.0 but prior to July 1, 2004 On or after July 1, 2004, 0.82 to 1.0 but prior to October 1, 2004 On or after October 1, 2004, 0.78 to 1.0 but prior to January 1, 2005 On or after January 1, 2005, 0.74 to 1.0 but prior to April 1, 2005 On or after April 1, 2005, 0.70 to 1.0 but prior to July 1, 2005 On or after July 1, 2005, 0.67 to 1.0 but prior to October 1, 2005 On or after October 1, 2005, 0.65 to 1.0 but prior to January 1, 2006 On or after January 1, 2006, 0.56 to 1.0 but prior to April 1, 2006 On or after April 1, 2006, 0.53 to 1.0 but prior to July 1, 2006 On or after July 1, 2006, 0.49 to 1.0 but prior to October 1, 2006 On or after October 1, 2006 0.46 to 1.0
