(b)—Senior Leverage Ratio Sample Clauses

(b)—Senior Leverage Ratio. Section 9.13(b) of the Loan Agreement is hereby amended to read in full as follows:
Sample 1
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(b)—Senior Leverage Ratio. As of the Test Date, the Senior Leverage Ratio was : 1.00. March 31, 2007 through June 30, 2007 2.00:1.00 September 30, 2007 and December 31, 2007 2.25:1.00 March 31, 2008 and June 30, 2008 2.75:1.00 September 30, 2008 3.00:1.00 December 31, 2008 3.25:1.00 March 31, 2009 through June 30, 2009 3.50:1.00 September 30, 2009 3.75:1.00 December 31, 2009 4.00:1.00 March 31, 2010 through December 31, 2010 4.25:1.00 March 31, 2011 3.25:1.00 June 30, 2011 3.00:1.00 September 30, 2011 2.75:1.00 December 31, 2011 and thereafter 2.50:1.00 The Senior Leverage Ratio was computed as follows: (a) Total Debt as of the Test Date minus Subordinated Obligations as of the Test Date $ divided by (b) Annualized EBITDA as of the Test Date [Insert from Section V below] $ equals Senior Leverage Ratio [(a)÷(b)] :1.00
Sample 1
(b)—Senior Leverage Ratio. As of the Test Date, the Senior Leverage Ratio was _____:1.00.
Sample 1
(b)—Senior Leverage Ratio. Section 9.13(b) of the Loan Agreement is hereby deleted in its entirety and the following is hereby substituted therefor:
Sample 1

Related to (b)—Senior Leverage Ratio

  • Senior Leverage Ratio The Borrower shall not permit its Senior Leverage Ratio at any time to exceed 2.75 to 1.00.

  • Maximum Senior Leverage Ratio Permit the Senior Leverage Ratio on the last day of any fiscal quarter during any period set forth below to be greater than the ratio set forth opposite such date or period below: Period Ratio ------ ----- September 30, 2001 2.50:1.0 December 31, 2001 2.00:1.0 March 31, 2002 through June 30, 2002 2.50:1.0 September 30, 2002 2.00:1.0 December 31, 2002 1.50:1.0 March 31, 2003 through June 30, 2003 2.00:1.0 September 30, 2003 1.50:1.0 December 31, 2003 and thereafter 1.25:1.0

  • Consolidated Senior Leverage Ratio As of the end of each fiscal quarter of the members of the Consolidated Group, the Consolidated Senior Leverage Ratio shall not be greater than the ratio set forth below: Fiscal Quarter End Ratio ------------------ ----- December 31, 2000 3.00:1.0 March 31, 2001 3.10:1.0 June 30, 2001 3.10:1.0 September 30, 2001 2.75:1.0 December 31, 2001 and thereafter 2.50:1.0 1.6 Clause (c) of Section 7.9 of the Credit Agreement is amended to read as follows:

  • Total Net Leverage Ratio Holdings and its Restricted Subsidiaries, on a consolidated basis, shall not permit the Total Net Leverage Ratio on the last day of any Test Period to exceed the ratio set forth below opposite the last day of such Test Period:

  • Leverage Ratio The Borrower will not permit the Leverage Ratio to exceed 4.50 to 1.0 on the last day of any Fiscal Quarter.

  • Cash Flow Leverage Ratio The Borrower will not permit the Cash Flow Leverage Ratio on the last day of any fiscal quarter to exceed 3.50 to 1.00.

  • Total Leverage Ratio The Borrowers will not permit the Total Leverage Ratio on the last day of any fiscal quarter to exceed 3.75 to 1.00.

  • Consolidated Senior Secured Leverage Ratio As of any fiscal quarter end, permit the Consolidated Senior Secured Leverage Ratio to be greater than 1.25 to 1.00.

  • Secured Leverage Ratio Permit the Secured Leverage Ratio, as of the last day of any fiscal quarter of the Consolidated Group, to be greater than forty percent (40%), or, for a period of four consecutive fiscal quarters following a Material Acquisition, forty-five percent (45%).

  • Leverage Ratios Notwithstanding anything to the contrary contained herein, for purposes of calculating any leverage ratio herein in connection with the incurrence of any Indebtedness, (a) there shall be no netting of the cash proceeds proposed to be received in connection with the incurrence of such Indebtedness and (b) to the extent the Indebtedness to be incurred is revolving Indebtedness, such incurred revolving Indebtedness (or if applicable, the portion (and only such portion) of the increased commitments thereunder) shall be treated as fully drawn.

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