Common use of Adjusted Leverage Ratio Clause in Contracts

Adjusted Leverage Ratio. The Borrower will not, as of the end ----------------------- of any Reference Period ending on a date at any time during any period described in the table set forth below, permit the Adjusted Leverage Ratio for such Reference Period to exceed the ratio set forth opposite such period in such table: Period Ratio ------ ----- December 25, 2000 through March 26, 2001 6.50:1.00 March 27, 2001 through June 25, 2001 6.20:1.00 June 26, 2001 through December 31, 2001 6.00:1.00 January 1, 2001 through July 1, 2002 5.50:1.00 July 2, 2002 through March 31, 2003 5.25:1.00 April 1, 2003 through June 30, 2003 5.00:1.00 July 1, 2003 through September 29, 2003 4.75:1.00 Thereafter 4.50:1.00

Appears in 2 contracts

Samples: Annual Report (Chart House Enterprises Inc), Revolving Credit and Term Loan Agreement (Chart House Enterprises Inc)

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Adjusted Leverage Ratio. The Borrower will not, as (a) As of the end ----------------------- of any Reference Period ending on a date fiscal quarter, (b) at the time of the issuance of any Letter of Credit (after giving effect to such Letter of Credit) and (c) at the time during of any period described in Advance hereunder (after giving effect to such Advance) the table set forth below, Borrower shall not permit the its Adjusted Leverage Ratio for such Reference Period to exceed the ratio ratios set forth opposite such period in such tablebelow during the periods indicated: Period Leverage Ratio ------ ----- December 25-------------- Agreement Date through March 31, 2000 7.15:1.00 April 1, 2000 through March 26June 30, 2001 2000 6.95:1.00 July 1, 2000 through December 31, 2000 6.50:1.00 March 27, 2001 through June 25, 2001 6.20:1.00 June 26January 1, 2001 through December 31, 2001 6.25:1.00 January 1, 2002 through December 31, 2003 6.00:1.00 January 1, 2001 through July 1, 2002 5.50:1.00 July 2, 2002 through March 31, 2003 5.25:1.00 April 1, 2003 through June 30, 2003 5.00:1.00 July 1, 2003 through September 29, 2003 4.75:1.00 Thereafter 4.50:1.002004 and thereafter 5.00:1.00

Appears in 1 contract

Samples: Loan Agreement (Gray Communications Systems Inc /Ga/)

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Adjusted Leverage Ratio. The Borrower will not, as of the end ----------------------- of any Reference Period ending on a date at any time during any period described in the table set forth below, shall not permit the Adjusted Leverage Ratio for such Reference Period to exceed at any time during each fiscal quarter of the Borrower ending on the date set forth below, the ratio set forth opposite such period in such tabledate: Period CKE FIFTH AMENDED AND RESTATED CREDIT AGREEMENT Quarter Ending Ratio ------ -------------- ----- December 25November 3, 2000 through March 2003 5.75 January 26, 2001 6.50:1.00 March 272004 5.75 May 17, 2001 through June 252004 5.60 August 9, 2001 6.20:1.00 June 262004 5.50 November 1, 2001 through December 2004 5.45 January 31, 2001 6.00:1.00 2005 5.35 May 23, 2005 5.30 August 15, 2005 5.25 November 7, 2005 5.20 January 1, 2001 through July 1, 2002 5.50:1.00 July 2, 2002 through March 31, 2003 5.25:1.00 April 1, 2003 through June 30, 2003 5.00:1.00 July 12006 5.15 May 22, 2003 through September 2006 5.10 August 14, 2006 5.00 November 6, 2006 4.95 January 29, 2003 4.75:1.00 Thereafter 4.50:1.002007 and thereafter 4.75

Appears in 1 contract

Samples: Credit Agreement (Cke Restaurants Inc)

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