Common use of Adjusted Leverage Ratio Clause in Contracts

Adjusted Leverage Ratio. The Borrower shall not permit the Adjusted Leverage Ratio as at the end of any Fiscal Quarter to be greater than the following for the respective periods set forth below: Period Adjusted Leverage Ratio Closing Date to and including September 25, 2004 3.75:1.00 September 26, 2004 and any time thereafter 3.50:1.00

Appears in 1 contract

Samples: Credit Agreement

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Adjusted Leverage Ratio. The Borrower shall will not permit the Adjusted Leverage Ratio as at of the end last day of any Fiscal Quarter occurring during any period set forth below to be greater than the following for the respective periods ratio set forth belowopposite such period: Period Adjusted Leverage Ratio Closing Date to ------ ----------------------- September 30, 2000................................... 3.25:1 December 31, 2000.................................... 3.75:1 March 31, 2001....................................... 4.00:1 June 30, 2001........................................ 4.00:1 September 30, 2001 through June 30, 2002............. 3.25:1 September 30, 2002................................... 3.00:1 December 31, 2002 and including September 25, 2004 3.75:1.00 September 26, 2004 and any time thereafter 3.50:1.00thereafter..................... 2.75:1

Appears in 1 contract

Samples: Revolving Credit Agreement (Royster-Clark Inc)

Adjusted Leverage Ratio. The Borrower shall not permit the Adjusted Leverage Ratio as at the end of any Fiscal Quarter to be greater than the following for the respective periods set forth below: Period Adjusted Leverage Ratio Closing Date to and including September 253.75:1.00 March 27, 2004 3.75:1.00 September 26March 28, 2004 to and including April 2, 2005 4.75:1.00 April 3, 2005 to and including October 1, 2005 4.50:1.00 October 2, 2005 and any time thereafter 3.50:1.004.25:1.00 --------------------------------------------------------------------------------

Appears in 1 contract

Samples: Credit Agreement (Wild Oats Markets Inc)

Adjusted Leverage Ratio. The Borrower shall will not permit the Adjusted ----------------------- Leverage Ratio as at of the end last day of any Fiscal Quarter occurring during any period set forth below to be greater than the following for the respective periods ratio set forth belowopposite such period: Period Adjusted Leverage Ratio Closing Date to ------ ----------------------- March 31, 2000 3.50:1 June 30, 2000 2.75:1 September 30, 2000 and including September 25, 2004 3.75:1.00 September 26, 2004 and any time thereafter 3.50:1.002.50:1

Appears in 1 contract

Samples: Revolving Credit Agreement (Royster-Clark Inc)

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Adjusted Leverage Ratio. The Borrower shall will not permit the ----------------------- Adjusted Leverage Ratio as at of the end last day of any Fiscal Quarter occurring during any period set forth below to be greater than the following for the respective periods ratio set forth belowopposite such period: Period Adjusted Leverage Ratio Closing Date to ------ ----------------------- March 31, 2003 3.15:1 June 30, 2003 and including September 25, 2004 3.75:1.00 September 26, 2004 and any time thereafter 3.50:1.002.75:1

Appears in 1 contract

Samples: Revolving Credit Agreement (Royster-Clark Inc)

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