Funded Debt to Total Capitalization. Kingsway shall maintain at all times a ratio of Funded Debt to Total Capitalization on a Consolidated basis as follows: (i) of not greater than 0.45:1.00 for the period commencing on the Closing Date and ending on ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) of not greater than 0.40% for the period commencing April 1, 2000 and ending September 30, 2000, (iii) of not greater than 0.35% for the period commencing October 1, 2000 and ending on December 31, 2001, and (iv) of not greater than 0.30% at all times thereafter.
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Funded Debt to Total Capitalization. Kingsway shall maintain at all times a ratio of Funded Debt to Total Capitalization on a Consolidated basis as follows: (i) of not greater than 0.45:1.00 for the period commencing on the Closing Date and ending on ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) of not greater than 0.40% 0.40:1.00 for the period commencing April 1, 2000 and ending September 30, 2000, (iii) of not greater than 0.35% for the period commencing October 1, 2000 and ending on December 31, 2001, and (iv) of not greater than 0.30% at all times thereafter.than
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