Common use of Borrower Leverage Ratio Clause in Contracts

Borrower Leverage Ratio. Permit the Borrower Leverage Ratio, as of the last day of any Fiscal Quarter, to be greater than 2.50:1.00.

Appears in 1 contract

Samples: Loan Agreement (Station Casinos Inc)

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Borrower Leverage Ratio. Permit the Borrower Leverage Ratio, as of the last day of any Fiscal Quarter, to be greater than 2.50:1.00(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.

Appears in 1 contract

Samples: Loan Agreement (Station Casinos Inc)

Borrower Leverage Ratio. Permit the Borrower Leverage Ratio, as of the last day of any Fiscal Quarter, to be greater than 2.50:1.00(a) 4.50:1.00 during the period between June 30, 2006, through and including December 31, 2008, (b) 4.25:1.00 during the period between the March 31, 2009, through and including December 31, 2009, and (c) 4.00:1.00 as of last day of any subsequent Fiscal Quarter.

Appears in 1 contract

Samples: Loan Agreement (Station Casinos Inc)

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Borrower Leverage Ratio. Permit the Borrower Leverage Ratio, as of the last day of any Fiscal Quarter, to be greater than 2.50:1.004.00:1.00.”

Appears in 1 contract

Samples: Loan Agreement (Station Casinos Inc)

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