Funded Debt to Total Capitalization. The ratio of the Borrower’s Consolidated Total Funded Debt to the Borrower’s Total Capitalization will not exceed sixty-five percent (65%) at the end of any Fiscal Quarter.
Funded Debt to Total Capitalization. The Funded Debt to Total Capitalization (as defined in the Term Loan Credit Agreement) is ________________, which is in compliance with the required maximum Funded Debt to Total Capitalization of 65% for the test period end date of _____________________.
Funded Debt to Total Capitalization. Permit or suffer the ratio of Consolidated Funded Debt of the Company and its Subsidiaries to Consolidated Total Capitalization of the Company and its Subsidiaries to exceed .68 to 1.0 at any time, decreasing to .65 to 1.0. on the earlier of (A) the date which is nine (9) months after the date of the Merger, or (B) the date which is nine (9) months after the date on which the aggregate amount of Loans outstanding hereunder exceed $100,000,000.
Funded Debt to Total Capitalization. The Borrower, on a consolidated basis, will maintain a ratio of Funded Debt to Total Capitalization not to exceed 60% at September 30, 1996 through March 30, 1997; and not to exceed 55% at March 31, 1997 and at all times thereafter, calculated on a quarterly basis.
Funded Debt to Total Capitalization. The Borrowers shall not permit the ratio of consolidated Funded Debt to consolidated Total Capitalization to be greater than 50% at any time.
Funded Debt to Total Capitalization. Borrower's Funded Debt ------------------------------------ (excluding Restricted Subsidiaries) shall not exceed 60% of its Total Capitalization.
Funded Debt to Total Capitalization. Section 7.7 of the Original Agreement is hereby amended in its entirety to read as follows:
Funded Debt to Total Capitalization. Permit the ratio of Funded Debt to Total Capitalization to be equal to or greater than .70 to 1.0 at any time from the Closing Date through December 31, 1996, or equal to or greater than .50 to 1.0 at any time thereafter.
Funded Debt to Total Capitalization. The Seller, on a consolidated basis, will maintain a ratio of Funded Debt to Total Capitalization not to exceed 60% (.60 to 1.0) at all times, calculated on a quarterly basis.
Funded Debt to Total Capitalization. The ratio of Devon HoldCo's Consolidated Total Funded Debt to Total Capitalization will not exceed (i) at the end of each Fiscal Quarter prior to the consummation of the Anderson Financing, sixty-five percent (65%) and (ii) at the xxx xx each Fiscal Quarter thereafter until and including June 30, 2002, seventy percent (70%) and (iii) at the end of each Fiscal Quarter ending after June 30, 2002 sixty-five percent (65%)."
