Common use of Consolidated Secured Debt Ratio Clause in Contracts

Consolidated Secured Debt Ratio. Commencing on the Issue Date, the Issuer will not permit the Consolidated Secured Debt Ratio as at the last day of each fiscal month for any period set forth below to exceed: Period Consolidated Secured Debt Ratio Issue Date — March 31, 2013 7.50 : 1.00 April 1, 2013 — March 31, 2014 7.00 : 1.00 April 1, 2014 — March 31, 2015 6.75 : 1.00 April 1, 2015 — and thereafter 6.50 : 1.00 ARTICLE SEVEN SUCCESSOR CORPORATION

Appears in 3 contracts

Samples: Indenture (Us Concrete Inc), Indenture (Bode Concrete LLC), Indenture (Bode Concrete LLC)

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Consolidated Secured Debt Ratio. Commencing on the Issue DateApril 1, 2012, the Issuer will not permit the Consolidated Secured Debt Ratio as at the last day of each fiscal month for any period set forth below to exceed: Period Consolidated Secured Debt Ratio Issue Date April 1, 2012 — March 31, 2013 7.50 : 1.00 April 1, 2013 — March 31, 2014 7.00 : 1.00 April 1, 2014 — March 31, 2015 6.75 : 1.00 April 1, 2015 — and thereafter 6.50 : 1.00 ARTICLE SEVEN SUCCESSOR CORPORATION

Appears in 2 contracts

Samples: Registration Rights Agreement (Us Concrete Inc), Us Concrete Inc

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