Debt to Total Capitalization. (a) The ratio of (i) Funded Debt to (ii) Consolidated Total Capitalization shall not exceed 0.58:1 at any time; and (b) The ratio of (i) Funded Debt to (ii) Consolidated Total Capitalization shall not exceed 0.55:1 at the end of any two consecutive fiscal quarters of the Borrower.
Appears in 2 contracts
Sources: Revolving Credit Agreement (Usa Waste Services Inc), Bridge Loan Agreement (Usa Waste Services Inc)
Debt to Total Capitalization. (a) The ratio of (i) Funded Debt to (ii) Consolidated Total Capitalization shall not exceed 0.58:1 at any time; and
(b) The ratio of (i) Funded Debt to (ii) Consolidated Total Capitalization shall not exceed 0.55:1 at the end of any two consecutive fiscal quarters of the BorrowerCompany.
Appears in 1 contract
Sources: Revolving Credit Agreement (Usa Waste Services Inc)