Common use of Funded Debt to Total Capitalization Clause in Contracts

Funded Debt to Total Capitalization. The Borrower, on a consolidated basis, will maintain a ratio of Funded Debt to Total Capitalization not to exceed 60% at September 30, 1996 through March 30, 1997; and not to exceed 55% at March 31, 1997 and at all times thereafter; calculated on a quarterly basis.

Funded Debt to Total Capitalization. The Borrower, on a consolidated basis, will maintain a ratio of Funded Debt to Total Capitalization not to exceed 60% at September 30, 1996 through March 30, 1997; and not to exceed 55% at March 31, 1997 and at all times thereafter; , calculated on a quarterly basis.

Funded Debt to Total Capitalization. The BorrowerSeller, on a consolidated basis, will maintain a ratio of Funded Debt funded debt to Total Capitalization total capitalization not to exceed 60% at September 30, 1996 through March 30, 1997; , and not to exceed 55% at March 31, 1997 and at all times thereafter; , calculated on a quarterly basis.