Common use of Combined Senior Secured Leverage Ratio Clause in Contracts

Combined Senior Secured Leverage Ratio. Permit the Combined Senior Secured Leverage Ratio as of the end of any fiscal quarter to be greater than 3.50:1.00.

Appears in 8 contracts

Samples: Credit Agreement (Global Partners Lp), Credit Agreement (Global Partners Lp), Credit Agreement (Global Partners Lp)

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Combined Senior Secured Leverage Ratio. Permit the Combined Senior Secured Leverage Ratio as of at the end of any fiscal quarter to be greater than 3.50:1.00(a) 3.25:1.00 as at the end of each fiscal quarter to occur prior to the Reduction Date; and (b) 2.50:1.00 on the Reduction Date and for each fiscal quarter ending thereafter.

Appears in 1 contract

Samples: Credit Agreement (Global Partners Lp)

Combined Senior Secured Leverage Ratio. Permit the Combined Senior Secured Leverage Ratio as of the end of any fiscal quarter to be greater than 3.50:1.00.the ratio set forth below opposite such fiscal quarter: Fiscal Quarter Ending Combined Senior Secured Leverage Ratio June 30, 2011 2.50:1.00 September 30, 2011 and December 31, 2011 3.00:1.00 March 31, 2012 and each fiscal quarter ending thereafter 2.75:1.00

Appears in 1 contract

Samples: Credit Agreement (Global Partners Lp)

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Combined Senior Secured Leverage Ratio. Permit the Combined Senior Secured Leverage Ratio as of at the end of any fiscal quarter to be greater than 3.50:1.002.50:1.00.

Appears in 1 contract

Samples: Credit Agreement (Global Partners Lp)

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