Adjusted Capitalization definition

Adjusted Capitalization the sum of the Guarantor’s Consolidated Net Worth and the Guarantor’s consolidated Adjusted Net Debt.

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Adjusted Capitalization at any time, the sum of Consolidated Adjusted Indebtedness plus Consolidated Net Worth.

Adjusted Capitalization means the sum of the Guarantor’s Consolidated Net Worth and the Guarantor’s consolidated Adjusted Net Debt.

Examples of Adjusted Capitalization in a sentence

• Not permit the ratio of (i) Consolidated Adjusted Indebtedness to (ii) Adjusted Capitalization at any time to exceed .60 to 1:00.

• Will not, as of the last day of each fiscal quarter of the Borrower, permit the Funded Indebtedness to Total Adjusted Capitalization Ratio to exceed 0.65:1.00.

• Not permit the ratio of (i) Consolidated Adjusted Indebtedness to (ii) Adjusted Capitalization at any time to exceed .65 to 1:00.

• The Borrower will not, as of the last day of each fiscal quarter of the Borrower, permit the Funded Indebtedness to Total Adjusted Capitalization Ratio to exceed 0.65:1.00, commencing with the Borrower’s fiscal quarter ending on June 30, 2020.

• Consolidated Funded Debt shall not at any time exceed 60% of Consolidated Adjusted Capitalization.

• The Obligors will not at any time permit Total Net Indebtedness to be greater than 60% of Total Adjusted Capitalization.

• Consolidated Priority Claims will not at any time exceed 35% of Consolidated Adjusted Capitalization.

• COVENANTS 37 5.1 Financial Statements 37 5.2 Certificates; Other Information 38 5.3 Payment of Obligations 39 5.4 Conduct of Business and Maintenance of Existence 39 5.5 Maintenance of Property; Insurance 39 5.6 Inspection of Property; Books and Records; Discussions 39 5.7 Notices 39 5.8 Environmental Laws 40 5.9 Consolidated Adjusted Indebtedness to Adjusted Capitalization 41 5.10 Liens, Etc.

• The Company will at all times maintain Consolidated Funded Debt in an aggregate amount which does not exceed 65% of Consolidated Adjusted Capitalization.

• Amendment of ▇▇▇▇▇▇▇▇▇ ▇▇ (Total Adjusted Debt to Total Adjusted Capitalization Ratio).

More Definitions of Adjusted Capitalization

Adjusted Capitalization shall be equal to the sum at any date of: (i) Adjusted Funded Debt; plus (ii)

Adjusted Capitalization means, at any date of determination thereof, the sum of (a) Consolidated Funded Debt, plus (

Adjusted Capitalization means (a) Consolidated Tangible Net Worth plus (b) Consolidated Indebtedness.

Adjusted Capitalization means, at any date, an amount equal to the sum of (i) the Capitalization of the Company at such date, plus (ii) the excess, if any, of (x) the aggregate unpaid principal amount of all short-term indebtedness for borrowed money of the Company at such date over (y) 10% of the Capitalization of the Company as of the date of the most recently prepared financial statements of the Company which have been included in a Form 10-K or 10-Q filed with the Securities and Exchange Commission (or, if the Company is not at the time subject to the reporting requirements of the Securities Exchange Act of 1934, as amended, the most recent annual or quarterly financial statements, as the case may be, delivered pursuant to Section 6(a) hereof).

Adjusted Capitalization at any date shall mean total debt (including all intercompany debt) at such date, plus total stockholders' equity at such date, minus retained earnings at such date.