Common use of Minimum Capitalization Clause in Contracts

Minimum Capitalization. The Loan Parties shall not at any time permit Consolidated Funded Debt to exceed fifty percent (50%) of Consolidated Capitalization.

Appears in 1 contract

Sources: Credit Agreement (Novacare Employee Services Inc)

Minimum Capitalization. The Loan Parties shall not at any time permit the ratio of Consolidated Total Funded Debt to exceed fifty percent (50%) the sum of Consolidated CapitalizationTotal Funded Debt plus Consolidated Net Worth to exceed 0.45:1.

Appears in 1 contract

Sources: Credit Agreement (Option Care Inc/De)