Common use of Certain Financial and Other Covenants Clause in Contracts

Certain Financial and Other Covenants. (a) Total Indebtedness to Cash Flow Ratio. NCI will not permit the Total Indebtedness to Cash Flow Ratio at any time during any period below to exceed the ratio set opposite such period below: Period Ratio ------ ----- From September 30, 1999 through March 30, 2000 15.00 to 1 From March 31, 2000 through March 30, 2001 7.50 to 1 From March 31, 2001 through March 30, 2002 6.00 to 1 From March 31, 2002 and at all times thereafter 5.00 to 1

Appears in 2 contracts

Samples: Guarantee and Security Agreement (Nextel Communications Inc), Guarantee and Security Agreement (Nextel Communications Inc)

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Certain Financial and Other Covenants. (a) Total Indebtedness to Cash Flow Ratio. NCI will not permit the Total Indebtedness to Cash Flow Ratio at any time during any period below to exceed the ratio set opposite such period below: Period Ratio ------ ----- From September 30, 1999 through December 30, 1999 17.50 to 1 From December 31, 1999 through March 30, 2000 15.00 13.00 to 1 TPC Guarantee and Security Agreement From March 31, 2000 through March June 29, 2000 10.00 to 1 From June 30, 2001 2000 through December 30, 2000 7.50 to 1 From March December 31, 2000 through June 29, 2001 through March 30, 2002 6.00 to 1 From March 31June 30, 2002 2001 and at all times thereafter 5.00 to 1

Appears in 1 contract

Samples: Credit Agreement (Nextel Communications Inc)

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Certain Financial and Other Covenants. (a) Total Indebtedness to Cash Flow Ratio. NCI will not permit the Total Indebtedness to Cash Flow Ratio at any time during any period below to exceed the ratio set opposite such period below: Period Ratio ------ ----- From June 30, 1999 through September 29, 1999 17.50 to 1 From September 30, 1999 through December 30, 1999 13.00 to 1 From December 31, 1999 through March 30, 2000 15.00 10.00 to 1 From March 31, 2000 through September 29, 2000 7.50 to 1 From September 30, 2000 through March 30, 2001 7.50 6.00 to 1 From March 31, 2001 through March 30, 2002 6.00 to 1 From March 31, 2002 and at all times thereafter 5.00 to 11 Credit Agreement

Appears in 1 contract

Samples: Guarantee and Security Agreement (Nextel Communications Inc)

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