Common use of Debt Coverage Clause in Contracts

Debt Coverage. (a) Prior to the Separation, consolidated Debt of the Company and its Consolidated Subsidiaries will at all times be less than 70% of the sum of consolidated Debt of the Company and its Consolidated Subsidiaries and consolidated shareowners' equity of the Company and its Consolidated Subsidiaries.

Appears in 6 contracts

Samples: Credit Agreement (U S West Inc /De/), Credit Agreement (Us West Inc), Credit Agreement (Usw-C Inc)

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Debt Coverage. (a) Prior to the Separation, consolidated Consolidated Debt of the Company and its Consolidated Subsidiaries will at all times be less than 70% of the sum of consolidated Debt of the Company and its Consolidated Subsidiaries and consolidated shareowners' equity of the Company and its Consolidated Subsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Us West Inc)

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