Borrower Leverage Ratio. The Borrower shall not permit the Borrower Leverage Ratio to be greater than 3.50 to 1.00 at the end of the fiscal quarter ended on June 30, 2008, or at the end of any fiscal quarter ended thereafter.
Borrower Leverage Ratio. Commencing with the fiscal quarter ending June 30, 2014 and as of the last day of each fiscal quarter thereafter, permit the Borrower Leverage Ratio for the most recently completed Measurement Period to be greater than (i) on any date of determination other than during an Acquisition Period, 5.50: 1.00 and (ii) on any date of determination during an Acquisition Period, 6.00:1.00; and
Borrower Leverage Ratio. The Borrower shall maintain, and shall cause its Subsidiaries to maintain, a Leverage Ratio, as of and for each period of four consecutive fiscal quarters set forth below, of not greater than the ratio for such period set forth below: September 30, 2014 December 31, 2014 March 31, 2015 through December 31, 2015 March 31, 2016 through December 31, 2016 March 31, 2017 through December 31, 2017 March 31, 2018 and thereafter 4.15 to 1.00 4.00 to 1.00 3.75 to 1.00 3.50 to 1.00 3.25 to 1.00 3.00 to 1.00
Borrower Leverage Ratio. The Borrower will not at any time permit the Borrower Leverage Ratio, determined as of any Covenant Compliance Date, to be greater than 0.65 to 1.
Borrower Leverage Ratio. Borrower shall not permit the Borrower Leverage Ratio to exceed the 3.75 to 1 at any time.
Borrower Leverage Ratio. See Section 5.01. Borrower Security Agreement That certain First Amended and Restated Security and Pledge Agreement (Borrower) dated as of January 14, 2000, by and between the Borrower and the Agent, as amended, supplemented or otherwise modified from time to time.
Borrower Leverage Ratio. Permit the Borrower Leverage Ratio as at the last day of any period of four consecutive fiscal quarters of the Borrower (or, if less, the number of full fiscal quarters subsequent to the Closing Date) ending with any fiscal quarter set forth below to exceed the ratio set forth below opposite such fiscal quarter: October 1, 2003 through December 31, 2003 5.70 to 1.00 January 1, 2004 through March 31, 2004 5.35 to 1.00 April 1, 2004 through June 30, 2004 5.00 to 1.00 July 1, 2004 through September 30, 2004 4.50 to 1.00 October 1, 2004 through December 31, 2004 4.10 to 1.00 January 1, 2005 through March 31, 2005 3.80 to 1.00 April 1, 2005 through June 30, 2005 3.65 to 1.00 July 1, 2005 through September 30, 2005 3.40 to 1.00 October 1, 2005 through December 31, 2005 3.25 to 1.00 January 1, 2006 through March 31, 2006 3.10 to 1.00 April 1, 2006 through June 30, 2006 2.95 to 1.00 July 1, 2006 through September 30, 2006 2.80 to 1.00 October 1, 2006 through December 31, 2006 2.60 to 1.00 January 1, 2007 through March 31, 2007 2.50 to 1.00 April 1, 2007 through June 30, 2007 2.30 to 1.00 July 1, 2007 through September 30, 2007 2.15 to 1.00 October 1, 2007 and thereafter 2.10 to 1.00 ; provided, that for the purposes of determining the ratio described above for the fiscal quarters of the Borrower ending September 30, 2003, December 31, 2003 and March 31, 2004, Borrower Free Cash Flow for the relevant period shall be deemed to equal Borrower Free Cash Flow for such fiscal quarter (and, in the case of the latter two such determinations, each previous fiscal quarter commencing after the Closing Date) multiplied by 4, 2 and 4/3, respectively.
Borrower Leverage Ratio. Permit the Leverage Ratio, as of and for each period of four consecutive fiscal quarters, to be greater than (i) 4.75 to 1.00 from the A&R Closing Date to and including December 31, 2016, and (ii) 4.50 to 1.00 thereafter.
Borrower Leverage Ratio. Commencing with the fiscal quarter ending June 30, 2014 and as of the last day of each fiscal quarter thereafter, permit the Borrower Leverage Ratio for the most recently completed Measurement Period to be greater than (i) on any date of determination other than during an Acquisition Period, 5.50:1.00 or, with respect to any such date of determination (x) during the period from July 1, 2020 through and including December 31, 2020, 6.00:1.00 and (y) during the period from Sixth Amendment Effective Date through and including the Leverage Period Termination Date, 6.00:1.00 and (ii) on any date of determination during an Acquisition Period, 6.00:1.00 or, with respect to any such date of determination (x) during the period from July 1, 2020 through and including December 31, 2020, 6.50:1.00 and (y) during the period from Sixth Amendment Effective Date through and including the Leverage Period Termination Date, 6.50:1.00; and; and
Borrower Leverage Ratio. Permit the Borrower Leverage Ratio, as of the last day of any Fiscal Quarter, to be greater than (a) 3.25:1.00 during the period between the Closing Date, through and including December 31, 2008, and (b) 3.00:1.00 as of last day of any subsequent Fiscal Quarter.
