Common use of Financial Covenant Clause in Contracts

Financial Covenant. The Borrower will not permit the ratio of (i) its Consolidated Indebtedness to (ii) its Consolidated Total Capitalization to exceed 0.65 to 1.0 at any time.

Appears in 14 contracts

Samples: Assignment Agreement (Madison Gas & Electric Co), Credit Agreement (Madison Gas & Electric Co), Credit Agreement (Madison Gas & Electric Co)

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Financial Covenant. The Borrower will not at any time permit the ratio of (i) its Consolidated Indebtedness Total Debt to (ii) its Consolidated Total Capitalization to exceed 0.65 to 1.0 at any time1.00.

Appears in 5 contracts

Samples: Credit Agreement (Dayton Power & Light Co), Credit Agreement (Dayton Power & Light Co), Credit Agreement (DPL Inc)

Financial Covenant. The Borrower will not permit the ratio of (i) its Consolidated Financial Indebtedness to (ii) its Consolidated Total Capitalization to exceed 0.65 to 1.0 at any time.

Appears in 5 contracts

Samples: Assignment Agreement (WGL Holdings Inc), Credit Agreement (WGL Holdings Inc), Credit Agreement (WGL Holdings Inc)

Financial Covenant. The Borrower will not permit the ratio of (i) its Consolidated Indebtedness to (ii) its Consolidated Total Capitalization to exceed 0.65 to 1.0 1.00 at any time.

Appears in 4 contracts

Samples: Credit Agreement (Madison Gas & Electric Co), Credit Agreement (Madison Gas & Electric Co), Credit Agreement (Madison Gas & Electric Co)

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Financial Covenant. The Borrower will not permit the ratio of (i) its Consolidated Financial Indebtedness to (ii) its Consolidated Total Capitalization to exceed 0.65 to 1.0 at any time.. 6.7

Appears in 1 contract

Samples: Credit Agreement (Washington Gas Light Co)

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