Operating Income. Maintain, as of the last day of each Fiscal Quarter, a ratio of (i) aggregate segment operating income of the Regulated Subsidiaries, to (ii) consolidated total segment operating income (excluding corporate and other) in each case determined consistently with GAAP and consistently with the past practices of Borrower for the twelve month period then ended, of not less than 0.65 to 1.00.
Appears in 2 contracts
Sources: Credit Agreement (Southwest Water Co), Credit Agreement (Southwest Water Co)