Consolidated Senior Debt Ratio. Permit the Consolidated Senior Debt Ratio as at the last day of any period of four consecutive fiscal quarters of the Borrower ending with any fiscal quarter set forth below to exceed the ratio set forth below opposite such fiscal quarter: Fiscal Quarter Consolidated Senior Debt Ratio -------------- ------------------------------ 3/31/02 4.70:1.00 6/30/02 4.70:1.00 9/30/02 4.65:1.00 12/31/02 4.65:1.00 3/31/03 4.30:1.00 6/30/03 - 9/30/03 2.25:1.00 12/31/03 - 6/30/04 2.00:1.00 9/30/04 and thereafter 1.75:1.00
Appears in 1 contract
Samples: Credit Agreement (Doane Pet Care Co)
Consolidated Senior Debt Ratio. Permit the Consolidated Senior Debt Ratio as at the last day of any period of four consecutive fiscal quarters of the Borrower ending with any fiscal quarter set forth below to exceed the ratio set forth below opposite such fiscal quarter: Fiscal Quarter Consolidated Senior Debt Ratio -------------- ------------------------------ ------------------------ 6/30/00 - 12/31/00 3.75:1.00 3/31/01 - 6/30/01 3.50:1.00 9/30/01 3.25:1.00 12/31/01 - 3/31/02 4.70:1.00 3.00:1.00 6/30/02 4.70:1.00 - 9/30/02 4.65:1.00 2.75:1.00 12/31/02 4.65:1.00 - 3/31/03 4.30:1.00 2.50:1.00 6/30/03 - 9/30/03 2.25:1.00 12/31/03 - 6/30/04 2.00:1.00 9/30/04 and thereafter 1.75:1.00
Appears in 1 contract
Samples: Credit Agreement (Doane Pet Care Co)
Consolidated Senior Debt Ratio. Permit the Consolidated Senior Debt Ratio as at the last day of any period of four consecutive fiscal quarters of the Borrower ending with any fiscal quarter set forth below to exceed the ratio set forth below opposite such fiscal quarter: Fiscal Quarter Consolidated Senior Debt Ratio -------------- ------------------------------ ------------------------ 3/31/99 - 6/30/99 3.85:1.00 9/30/99 - 12/31/99 3.75:1.00 3/31/00 - 6/30/00 3.50:1.00 9/30/00 - 12/31/00 3.25:1.00 3/31/01 - 6/30/01 3.00:1.00 9/30/01 - 12/31/01 2.75:1.00 3/31/02 4.70:1.00 - 6/30/02 4.70:1.00 2.50:1.00 9/30/02 4.65:1.00 - 12/31/02 4.65:1.00 2.25:1.00 3/31/03 4.30:1.00 - 6/30/03 - 2.00:1.00 9/30/03 2.25:1.00 12/31/03 - 6/30/04 2.00:1.00 9/30/04 and thereafter 1.75:1.00
Appears in 1 contract
Consolidated Senior Debt Ratio. Permit the Consolidated Senior Debt Ratio as at the last day of any period of four consecutive fiscal quarters of the Borrower ending with any fiscal quarter set forth below to exceed the ratio set forth below opposite such fiscal quarter: Fiscal Quarter Consolidated Senior Debt Leverage Ratio -------------- ------------------------------ ---------------------------- 6/30/01 5.25:1.00 9/30/01 5.00:1.00 12/31/01 4.25:1.00 3/31/02 4.70:1.00 3.85:1.00 6/30/02 4.70:1.00 3.70:1.00 9/30/02 4.65:1.00 12/31/02 4.65:1.00 3.60:1.00 Xxxxxx Xxxxxxx Consolidated Leverage Ratio -------------- ---------------------------- 3/31/03 4.30:1.00 2.50:1.00 6/30/03 - 9/30/03 2.25:1.00 12/31/03 - 6/30/04 2.00:1.00 9/30/04 and thereafter 1.75:1.00
Appears in 1 contract
Samples: Credit Agreement (Doane Pet Care Co)