Common use of Ratio of Indebtedness to Capitalization Clause in Contracts

Ratio of Indebtedness to Capitalization. The Borrower will not at any time permit the ratio of (a) the sum of (i) Consolidated Indebtedness, plus (ii) the undrawn face amount of all Material Letters of Credit, to (b) the sum of (i) Capitalization, plus (ii) the undrawn face amount of all Material Letters of Credit to exceed 0.7 to 1.0.

Ratio of Indebtedness to Capitalization. The Borrower Company will not at any time permit the ratio of (a) the sum of (i) Consolidated Indebtedness, plus (ii) the undrawn face amount of all Material Letters of Credit, to (b) the sum of (i) Capitalization, plus (ii) the undrawn face amount of all Material Letters of Credit to exceed 0.7 to 1.0.