Funded Debt to Capitalization Test Clause Samples

Funded Debt to Capitalization Test. Permit the total amount of Funded Debt to exceed fifty-five percent (55%) of Total Capitalization.
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Funded Debt to Capitalization Test. 29 8.9 First Mortgage Bonds.. . . . . . . . . . . . . . . . .29
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Funded Debt to Capitalization Test. Permit the total amount of Consolidated Funded Debt to exceed sixty percent (60%) of Consolidated Total Capitalization.
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Funded Debt to Capitalization Test. 8.8 FUNDED DEBT TO CAPITALIZATION TEST ----------------------------------- Permit the total amount of Funded Debt to exceed sixty percent (60%) of Total Capitalization.
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Related to Funded Debt to Capitalization Test

  • Debt to Capitalization Ratio As of the last day of each fiscal quarter of the Borrower, the Debt to Capitalization Ratio shall be less than or equal to 0.70 to 1.0.

  • Funded Debt to EBITDA Ratio To maintain on a consolidated basis a ratio of Funded Debt to EBITDA not exceeding 3.0:1.0.

  • Funded Debt to EBITDA Maintain, tested on the last day of each fiscal quarter, a ratio of (i) Funded Debt of Borrower as of the last day of such fiscal quarter to (ii) EBITDA for the four (4) consecutive fiscal quarters of Borrower then ended, not greater than 3.25 to 1.

  • Total Debt to EBITDA Ratio Not permit the Total Debt to EBITDA Ratio as of the last day of any Computation Period to exceed 3.25 to 1.00.

  • Market Capitalization At the time the Registration Statement was or will be originally declared effective, and at the time the Company’s most recent Annual Report on Form 10-K was filed with the Commission, the Company met or will meet the then applicable requirements for the use of Form S-3 under the Securities Act, including, but not limited to, General Instruction I.B.1