(b) – Total Leverage Ratio Sample Clauses

(b) – Total Leverage Ratio. Required: Borrower, on a consolidated basis, is required to have a Total Leverage Ratio less than or equal to 4.00 to 1.00 as of the last day of each calendar month.

(b) – Total Leverage Ratio. Total Funded Debt of the Borrower and its Subsidiaries (excluding in each case (x) Debt contemplated by Section 6.02(b)(xvi) of the Credit Agreement) and (y) the contingent liabilities with respect to any swap and related hedging arrangements (including the Hedging Obligations) prior to the date any such swap and related hedging arrangement (including the Hedging Obligations) is closed out and the termination value thereof determined in accordance therewith)

(b) – Total Leverage Ratio. Capital Expenditures for the immediately preceding twelve (12) month period $___________ (c) Capital Expenditures for the immediately preceding twelve (12) month period that are directly related to new sales to, or made at the request of, Persons to whom any Borrower Party has agreed to provide either goods or services (or both) pursuant to a written agreement providing for the payment of aggregate compensation to a Borrower Party equal to or greater than the amount of Capital Expenditures made in respect of such written agreement, $___________ (d) Capital Expenditures for the immediately preceding twelve (12) month period to the extent financed with Funded Debt for Borrowed Money (other than Funded Debt incurred under a revolving credit facility), $___________ (e) Capital Expenditures for the immediately preceding twelve (12) month period made with the proceeds of dispositions permitted under the Credit Agreement $___________ (f) Capital Expenditures for the immediately preceding twelve (12) month period made with the proceeds of equity issuances permitted under the Credit Agreement $___________ (g) (b) – (c) – (d) – (e) – (f) $___________