Common use of Borrower Leverage Ratio Clause in Contracts

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. Commencing with the fiscal quarter ending June 30December 31, 2014 2021, 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 5.50:1.00 or, during the period from the Closing Date through and including the Leverage Period Termination Date, 6.00:1.00, and (ii) on any date of determination during an Acquisition PeriodPeriod 6.00:1.00 or, 6.00:1.00during the period from the Closing Date through and including the Leverage Period Termination Date, 6.50:1.00; and

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 5.50:1.00 or, with respect to any such date of determination during the period from July 1, 2020 through and including December 31, 2020, 6.00:1.00 and (ii) on any date of determination during an Acquisition Period, 6.00:1.006.00:1.00 or, with respect to any such date of determination during the period from July 1, 2020 through and including December 31, 2020, 6.50:1.00; and”