Common use of Consolidated Debt Ratio Clause in Contracts

Consolidated Debt Ratio. Maintain at all times a Consolidated Debt Ratio of not more than 0.60:1.

Appears in 3 contracts

Samples: Credit Agreement (Scholastic Corp), Credit Agreement (Scholastic Corp), Credit Agreement (Scholastic Corp)

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Consolidated Debt Ratio. Maintain at all times a Consolidated Debt Ratio of not more than 0.60:1; provided that during the fiscal quarters ending August 31, 2000 and November 30, 2000, the Borrowers shall maintain a consolidated Debt Ratio of not more than 0.625:1.

Appears in 1 contract

Samples: Credit Agreement (Scholastic Corp)

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