Debt Capitalization definition
Debt Capitalization means the partial waiver of the Dayspring Loan in consideration for the issuance of Shares.
Examples of Debt Capitalization in a sentence
On the Funding Date: (a) the Senior Leverage Ratio of the Loan Parties did not exceed 1.5 to 1.0; and (b) the Borrower’s Debt Capitalization Ratio did not exceed 0.5 to 1.0.
On the Funding Date the Borrower’s Debt Capitalization Ratio shall not exceed 0.5 to 1.0.