Common use of Capitalization Ratio Clause in Contracts

Capitalization Ratio. The Borrower will not permit the Capitalization -------------------- Ratio to be greater than 0.425 to 1.0 as of the last day of any fiscal quarter, beginning with the fiscal quarter ended December 31, 1996.

Appears in 1 contract

Sources: Credit Agreement (Vesta Insurance Group Inc)

Capitalization Ratio. The Borrower will not permit the Capitalization -------------------- Ratio to be greater than 0.425 (y) 0.40 to 1.0 as of the last day of any fiscal quarterquarter ending on or before September 30, beginning with 1999, and (z) 0.375 to 1.0 as of the last day of any fiscal quarter ended December 31ending after September 30, 19961999.

Appears in 1 contract

Sources: Credit Agreement (Chartwell Re Corp)

Capitalization Ratio. The Borrower will not permit the Capitalization -------------------- Ratio to be greater than 0.425 0.35 to 1.0 as of the last day of any fiscal quarter, beginning with the fiscal quarter ended December 31ending September 30, 19962002.

Appears in 1 contract

Sources: Credit Agreement (Pma Capital Corp)

Capitalization Ratio. The Borrower Applicant will not permit the Capitalization -------------------- Ratio to be greater than 0.425 0.35 to 1.0 as of the last day of any fiscal quarter, beginning with the fiscal quarter ended December 31ending September 30, 19962000.

Appears in 1 contract

Sources: Letter of Credit Agreement (Pma Capital Corp)

Capitalization Ratio. The Borrower will not permit the Capitalization -------------------- Ratio to be greater than 0.425 0.35 to 1.0 as of the last day of any fiscal quarter, beginning with the fiscal quarter ended ending December 31, 19961998.

Appears in 1 contract

Sources: Credit Agreement (Orion Capital Corp)

Capitalization Ratio. The Borrower will not permit the Capitalization -------------------- Ratio to be greater than 0.425 0.4 to 1.0 as of the last day of any fiscal quarter, beginning with the fiscal quarter ended December 31ending June 30, 19961998.

Appears in 1 contract

Sources: Credit Agreement (Orion Capital Corp)

Capitalization Ratio. The Borrower will not permit the Capitalization -------------------- Ratio to be greater than 0.425 0.35 to 1.0 as of the last day of any fiscal quarter, beginning with the fiscal quarter ended December 31ending June 30, 19961997.

Appears in 1 contract

Sources: Credit Agreement (Everest Reinsurance Holdings Inc)

Capitalization Ratio. The Borrower will not permit the -------------------- Capitalization -------------------- Ratio to be greater than 0.425 to 1.0 as of the last day of any fiscal quarter, beginning with the fiscal quarter ended December 31ending September 30, 1996.

Appears in 1 contract

Sources: Credit Agreement (Vesta Insurance Group Inc)