Common use of Consolidated Senior Leverage Ratio Clause in Contracts

Consolidated Senior Leverage Ratio. Permit the Consolidated Senior Leverage Ratio as at the last day of any period of four (4) consecutive fiscal quarters of Holdings and its Subsidiaries ending as set forth below to exceed the ratio set forth below opposite such period: Fiscal Quarter Ending Consolidated Senior Leverage Ratio September 30, 2021 4.25:1.00 December 31, 2021 4.00:1.00 March 31, 2022 3.85:100 June 30, 2022 3.75:1.00 September 30, 2022 3.50:1.00 December 31, 2022 3.25:1.00 ​ ​ ​ 90 ​ ​ March 31, 2023 3.25:1.00 June 30, 2023 3.00:1.00 September 30, 2023 3.00:1.00 December 31, 2023 2.75:1.00 March 31, 2024 2.75:1.00 June 30, 2024 2.50:1.00 September 30, 2024 2.50:1.00 December 31, 2024 2.50:1.00 March 31, 2025 2.50:1.00 June 30, 2025 2.50:1.00 September 30, 2025 2.50:1.00 ​

Appears in 2 contracts

Samples: Credit Agreement (Enfusion, Inc.), Credit Agreement (Enfusion, Inc.)

AutoNDA by SimpleDocs

Consolidated Senior Leverage Ratio. Permit the Consolidated Senior Leverage Ratio as at the last day Closing Date (with compliance determined on a pro forma basis as at such date in accordance with the definition of “Consolidated EBITDA”) or at the end of any fiscal quarter occurring during any period of four (4) consecutive fiscal quarters of Holdings and its Subsidiaries ending as set forth below (commencing with the first such fiscal quarter that begins after the Closing Date) to exceed the ratio set forth below opposite the Closing Date or such period, as the case may be: Fiscal Quarter Ending Period Consolidated Senior Leverage Ratio Closing Date 7.50 to 1.00 March 31, 2008 – June 30, 2009 7.50 to 1.00 July 1, 2009 – June 30, 2010 7.25 to 1.00 July 1, 2010 – March 31, 2011 7.00 to 1.00 April 1, 2011 – December 31, 2011 6.50 to 1.00 January 1, 2012 – September 30, 2021 4.25:1.00 December 312012 6.00 to 1.00 October 1, 2021 4.00:1.00 March 31, 2022 3.85:100 June 30, 2022 3.75:1.00 September 30, 2022 3.50:1.00 December 31, 2022 3.25:1.00 ​ ​ ​ 90 ​ ​ March 31, 2023 3.25:1.00 June 30, 2023 3.00:1.00 September 30, 2023 3.00:1.00 December 31, 2023 2.75:1.00 March 31, 2024 2.75:1.00 June 30, 2024 2.50:1.00 September 30, 2024 2.50:1.00 December 31, 2024 2.50:1.00 March 31, 2025 2.50:1.00 June 30, 2025 2.50:1.00 September 30, 2025 2.50:1.00 ​2012 and thereafter 5.75 to 1.00

Appears in 2 contracts

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

Consolidated Senior Leverage Ratio. Permit the Consolidated Senior Leverage Ratio Ratio, as at of the last day end of any period of four Fiscal Quarter (4) consecutive fiscal quarters of Holdings and its Subsidiaries commencing with the first Fiscal Quarter ending as set forth below after the Closing Date), to exceed be greater than the ratio set forth below opposite the last day of such periodFiscal Quarter: Fiscal Quarter Ending Consolidated Senior Leverage Ratio September 30, 2021 4.25:1.00 2017 5.50:1.00 December 31, 2021 4.00:1.00 2017 5.50:1.00 March 31, 2022 3.85:100 2018 5.50:1.00 June 30, 2022 3.75:1.00 2018 5.50:1.00 September 30, 2022 3.50:1.00 2018 5.25:1.00 December 31, 2022 3.25:1.00 ​ ​ ​ 90 ​ ​ 2018 5.25:1.00 March 31, 2023 3.25:1.00 2019 5.25:1.00 June 30, 2023 3.00:1.00 2019 5.00:1.00 September 30, 2023 3.00:1.00 2019 5.00:1.00 December 31, 2023 2.75:1.00 2019 5.00:1.00 March 31, 2024 2.75:1.00 2020 4.75:1.00 June 30, 2024 2.50:1.00 2020 4.75:1.00 September 30, 2024 2.50:1.00 2020 4.75:1.00 December 31, 2024 2.50:1.00 2020 4.50:1.00 March 31, 2025 2.50:1.00 2021 4.50:1.00 June 30, 2025 2.50:1.00 September 30, 2025 2.50:1.00 ​2021 4.50:1.00

Appears in 2 contracts

Samples: Credit Agreement (AquaVenture Holdings LTD), Credit Agreement (AquaVenture Holdings LTD)

Consolidated Senior Leverage Ratio. Permit the Consolidated Senior Leverage Ratio as at of the last day end of any period of four (4) consecutive fiscal quarters of Holdings and its Subsidiaries ending as Fiscal Quarter set forth below to exceed be greater than the ratio set forth below opposite such periodFiscal Quarter: Fiscal Quarter Ending Ended Consolidated Senior Leverage Ratio September 30, 2021 4.25:1.00 2008 2.75 to 1.00 December 31, 2021 4.00:1.00 2008 2.75 to 1.00 March 31, 2022 3.85:100 2009 2.75 to 1.00 June 30, 2022 3.75:1.00 2009 2.75 to 1.00 September 30, 2022 3.50:1.00 2009 2.75 to 1.00 December 31, 2022 3.25:1.00 ​ ​ ​ 90 ​ ​ 2009 2.75 to 1.00 March 31, 2023 3.25:1.00 2010 2.75 to 1.00 June 30, 2023 3.00:1.00 2010 2.75 to 1.00 September 30, 2023 3.00:1.00 2010 2.75 to 1.00 December 31, 2023 2.75:1.00 2010 2.75 to 1.00 March 31, 2024 2.75:1.00 2011 2.75 to 1.00 June 30, 2024 2.50:1.00 2011 2.75 to 1.00 September 30, 2024 2.50:1.00 2011 2.75 to 1.00 December 31, 2024 2.50:1.00 2011 2.75 to 1.00 March 31, 2025 2.50:1.00 2012 2.75 to 1.00 June 30, 2025 2.50:1.00 2012 2.75 to 1.00 September 30, 2025 2.50:1.00 ​2012 2.75 to 1.00 December 31, 2012 2.75 to 1.00

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Allion Healthcare Inc), Credit and Guaranty Agreement (Allion Healthcare Inc)

Consolidated Senior Leverage Ratio. Permit the Consolidated Senior Leverage Ratio as at the last day of any period of four (4) consecutive fiscal quarters of Holdings and its Subsidiaries the Borrower (or, if less, the number of full fiscal quarters subsequent to the Closing Date) ending as with any fiscal quarter set forth below to exceed the ratio set forth below opposite such periodfiscal quarter: Consolidated Senior Fiscal Quarter Ending Consolidated Senior Leverage Ratio -------------- -------------- March 31, 1998 3.00 to 1.00 June 30, 1998 3.00 to 1.00 September 30, 2021 4.25:1.00 1998 3.00 to 1.00 December 31, 2021 4.00:1.00 1998 2.75 to 1.00 March 31, 2022 3.85:100 1999 2.75 to 1.00 June 30, 2022 3.75:1.00 1999 2.75 to 1.00 September 30, 2022 3.50:1.00 1999 2.75 to 1.00 December 31, 2022 3.25:1.00 ​ ​ ​ 90 ​ ​ 1999 2.50 to 1.00 March 31, 2023 3.25:1.00 2000 2.50 to 1.00 June 30, 2023 3.00:1.00 2000 2.50 to 1.00 September 30, 2023 3.00:1.00 2000 2.50 to 1.00 December 31, 2023 2.75:1.00 2000 2.25 to 1.00 March 31, 2024 2.75:1.00 2001 2.25 to 1.00 June 30, 2024 2.50:1.00 2001 2.25 to 1.00 September 30, 2024 2.50:1.00 2001 2.25 to 1.00 December 31, 2024 2.50:1.00 March 31, 2025 2.50:1.00 June 30, 2025 2.50:1.00 September 30, 2025 2.50:1.00 ​2001 2.00 to 1.00 Thereafter 2.00 to 1.00

Appears in 1 contract

Samples: Credit Agreement (Imperial Holly Corp)

Consolidated Senior Leverage Ratio. Permit the Consolidated Senior Leverage Ratio as at the last day of any period of four (4) consecutive fiscal quarters of Holdings and its Subsidiaries the Borrower ending as with any fiscal quarter set forth below to exceed the ratio set forth below opposite such periodfiscal quarters: Fiscal Quarter Ending Consolidated Senior Ending On or About Leverage Ratio ------------------ -------------- September 30, 2021 4.25:1.00 2002 3.00 to 1.00 December 31, 2021 4.00:1.00 2002 3.00 to 1.00 March 31, 2022 3.85:100 2003 2.75 to 1.00 June 30, 2022 3.75:1.00 2003 2.75 to 1.00 September 30, 2022 3.50:1.00 2003 2.75 to 1.00 December 31, 2022 3.25:1.00 ​ ​ ​ 90 ​ ​ 2003 2.50 to 1.00 March 31, 2023 3.25:1.00 2004 2.50 to 1.00 June 30, 2023 3.00:1.00 2004 2.25 to 1.00 September 30, 2023 3.00:1.00 2004 2.25 to 1.00 December 31, 2023 2.75:1.00 2004 2.25 to 1.00 March 31, 2024 2.75:1.00 2005 2.25 to 1.00 June 30, 2024 2.50:1.00 2005 2.25 to 1.00 September 30, 2024 2.50:1.00 2005 2.00 to 1.00 December 31, 2024 2.50:1.00 2005 2.00 to 1.00 March 31, 2025 2.50:1.00 2006 2.00 to 1.00 June 30, 2025 2.50:1.00 2006 2.00 to 1.00 September 30, 2025 2.50:1.00 ​2006 2.00 to 1.00 December 31, 2006 and 2.00 to 1.00 thereafter

Appears in 1 contract

Samples: Credit Agreement (Jondex Corp)

Consolidated Senior Leverage Ratio. Permit The Parent shall not have, on the last day of each Fiscal Quarter set forth below, a Consolidated Senior Leverage Ratio as at greater than the last day of any period of four (4) consecutive fiscal quarters of Holdings and its Subsidiaries ending as set forth below to exceed the maximum ratio set forth below opposite such periodFiscal Quarter: Fiscal Quarter Ending Consolidated Senior Leverage Ratio FISCAL QUARTER ENDING MAXIMUM CONSOLIDATED SENIOR LEVERAGE RATIO June 30, 2007 3.80 to 1 September 30, 2021 4.25:1.00 2007 3.80 to 1 December 31, 2021 4.00:1.00 2007 3.60 to 1 March 31, 2022 3.85:100 2008 3.50 to 1 June 30, 2022 3.75:1.00 2008 3.25 to 1 September 30, 2022 3.50:1.00 2008 3.25 to 1 December 31, 2022 3.25:1.00 ​ ​ ​ 90 ​ ​ 2008 3.00 to 1 March 31, 2023 3.25:1.00 2009 3.00 to 1 June 30, 2023 3.00:1.00 2009 2.75 to 1 September 30, 2023 3.00:1.00 2009 2.75 to 1 December 31, 2023 2.75:1.00 2009 2.75 to 1 March 31, 2024 2.75:1.00 2010 2.50 to 1 June 30, 2024 2.50:1.00 2010 2.50 to 1 September 30, 2024 2.50:1.00 2010 2.50 to 1 December 31, 2024 2.50:1.00 2010 2.50 to 1 March 31, 2025 2.50:1.00 2011 2.50 to 1 June 30, 2025 2.50:1.00 2011 2.50 to 1 September 30, 2025 2.50:1.00 ​2011 2.50 to 1 December 31, 2011 2.50 to 1 March 31, 2012 2.50 to 1 June 30, 2012 2.50 to 1

Appears in 1 contract

Samples: Credit Agreement (Danka Business Systems PLC)

Consolidated Senior Leverage Ratio. Permit the Consolidated Senior Leverage Ratio as at the last day of any period of four (4) consecutive fiscal quarters of Holdings Borrower and its Subsidiaries ending as set forth below to exceed the ratio set forth below opposite such period: ​ ​ 84 ​ ​ ​ ​​ Fiscal Quarter Ending Consolidated Senior Leverage Ratio ​ ​ September 30, 2019 2.25:1.00 December 31, 2019 2.25:1.00 March 31, 2020 2.25:1.00 June 30, 2020 2.25:1.00 September 30, 2020 2.25:1.00 December 31, 2020 2.00:1.00 March 31, 2021 2.00:1.00 June 30, 2021 2.00:1.00 September 30, 2021 4.25:1.00 2.00:1.00 December 31, 2021 4.00:1.00 1.75:1.00 March 31, 2022 3.85:100 1.75:1.00 June 30, 2022 3.75:1.00 1.75:1.00 September 30, 2022 3.50:1.00 1.50:1.00 December 31, 2022 3.25:1.00 ​ ​ ​ 90 ​ ​ 1.50:1.00 March 31, 2023 3.25:1.00 1.50:1.00 June 30, 2023 3.00:1.00 1.50:1.00 September 30, 2023 3.00:1.00 1.50:1.00 December 31, 2023 2.75:1.00 1.50:1.00 March 31, 2024 2.75:1.00 1.50:1.00 June 30, 2024 2.50:1.00 September 30, 2024 2.50:1.00 December 31, 2024 2.50:1.00 March 31, 2025 2.50:1.00 June 30, 2025 2.50:1.00 September 30, 2025 2.50:1.00 and thereafter 1.50:1.00

Appears in 1 contract

Samples: Credit Agreement (Enfusion, Inc.)

Consolidated Senior Leverage Ratio. Permit Loan Parties and their Subsidiaries shall maintain, on a consolidated basis, as at the end of each Fiscal Quarter set forth below, a Consolidated Senior Leverage Ratio as at not greater than the last day ratio specified for the end of any period of four (4) consecutive fiscal quarters of Holdings and its Subsidiaries ending such Fiscal Quarter as set forth below to exceed the ratio set forth below opposite such periodbelow: Fiscal Quarter Ending End Maximum Consolidated Senior Leverage Ratio March 31, 2019 8.15 to 1.00 June 30, 2019 8.15 to 1.00 September 30, 2019 6.90 to 1.00 December 31, 2019 6.05 to 1.00 March 31, 2020 4.50 to 1.00 June 30, 2020 4.50 to 1.00 September 30, 2020 6.15 to 1.00 December 31, 2020 4.00 to 1.00 March 31, 2021 3.75 to 1.00 June 30, 2021 3.50 to 1.00 September 30, 2021 4.25:1.00 3.25 to 1.00 December 31, 2021 4.00:1.00 3.00 to 1.00 March 31, 2022 3.85:100 2.00 to 1.00 June 30, 2022 3.75:1.00 2.00 to 1.00 September 30, 2022 3.50:1.00 2.00 to 1.00 December 31, 2022 3.25:1.00 ​ ​ ​ 90 ​ ​ 2.00 to 1.00 March 31, 2023 3.25:1.00 2.00 to 1.00 June 30, 2023 3.00:1.00 2.00 to 1.00 September 30, 2023 3.00:1.00 December 31, 2023 2.75:1.00 March 31, 2024 2.75:1.00 June 30, 2024 2.50:1.00 September 30, 2024 2.50:1.00 December 31, 2024 2.50:1.00 March 31, 2025 2.50:1.00 June 30, 2025 2.50:1.00 September 30, 2025 2.50:1.00 ​and each Fiscal Quarter end thereafter (if any) 2.00 to 1.00

Appears in 1 contract

Samples: Sixth Modification and Waiver Under Loan and Security Agreement (Live Oak Acquisition Corp)

Consolidated Senior Leverage Ratio. Permit the Consolidated Senior Leverage Ratio as at the last day of any period of four (4) consecutive fiscal quarters of Holdings and its Subsidiaries the Borrower ending as with any fiscal quarter set forth below to exceed the ratio set forth below opposite such periodfiscal quarter: Consolidated Senior Fiscal Quarter Ending Consolidated Senior Leverage Ratio December 31, 1999 3.35 to 1.00 March 31, 2000 3.35 to 1.00 June 30, 2000 3.35 to 1.00 September 30, 2021 4.25:1.00 2000 2.75 to 1.00 December 31, 2021 4.00:1.00 2000 3.20 to 1.00 March 31, 2022 3.85:100 2001 3.00 to 1.00 June 30, 2022 3.75:1.00 2001 2.80 to 1.00 September 30, 2022 3.50:1.00 2001 2.40 to 1.00 December 31, 2022 3.25:1.00 ​ ​ ​ 90 ​ ​ March 31, 2023 3.25:1.00 June 30, 2023 3.00:1.00 September 30, 2023 3.00:1.00 December 31, 2023 2.75:1.00 March 31, 2024 2.75:1.00 June 30, 2024 2.50:1.00 September 30, 2024 2.50:1.00 December 31, 2024 2.50:1.00 March 31, 2025 2.50:1.00 June 30, 2025 2.50:1.00 September 30, 2025 2.50:1.00 ​2001 2.40 to 1.00 Thereafter 2.30 to 1.00

Appears in 1 contract

Samples: Credit Agreement (Imperial Sugar Co /New/)

AutoNDA by SimpleDocs

Consolidated Senior Leverage Ratio. Permit Loan Parties and their Subsidiaries shall maintain, on a consolidated basis, as at the end of each Fiscal Quarter set forth below, a Consolidated Senior Leverage Ratio as at not greater than the last day ratio specified for the end of any period of four (4) consecutive fiscal quarters of Holdings and its Subsidiaries ending such Fiscal Quarter as set forth below to exceed the ratio set forth below opposite such periodbelow: Fiscal Quarter Ending End Maximum Consolidated Senior Leverage Ratio March 31, 2019 8.15 to 1.00 June 30, 2019 8.15 to 1.00 September 30, 2019 6.90 to 1.00 December 31, 2019 6.05 to 1.00 March 31, 2020 4.50 to 1.00 June 30, 2020 4.00 to 1.00 September 30, 2020 3.50 to 1.00 December 31, 2020 3.00 to 1.00 March 31, 2021 2.50 to 1.00 June 30, 2021 2.00 to 1.00 September 30, 2021 4.25:1.00 2.00 to 1.00 December 31, 2021 4.00:1.00 2.00 to 1.00 March 31, 2022 3.85:100 2.00 to 1.00 June 30, 2022 3.75:1.00 2.00 to 1.00 September 30, 2022 3.50:1.00 2.00 to 1.00 December 31, 2022 3.25:1.00 ​ ​ ​ 90 ​ ​ 2.00 to 1.00 March 31, 2023 3.25:1.00 2.00 to 1.00 June 30, 2023 3.00:1.00 2.00 to 1.00 September 30, 2023 3.00:1.00 December 31, 2023 2.75:1.00 March 31, 2024 2.75:1.00 June 30, 2024 2.50:1.00 September 30, 2024 2.50:1.00 December 31, 2024 2.50:1.00 March 31, 2025 2.50:1.00 June 30, 2025 2.50:1.00 September 30, 2025 2.50:1.00 ​and each Fiscal Quarter end thereafter (if any) 2.00 to 1.00

Appears in 1 contract

Samples: Loan and Security Agreement (Live Oak Acquisition Corp)

Consolidated Senior Leverage Ratio. Permit the Consolidated Senior Leverage Ratio as at of the last day end of any period fiscal quarter of four (4) consecutive fiscal quarters of Holdings and its Subsidiaries ending as set forth below the Parent to exceed be greater than the ratio set forth below opposite such periodfiscal quarter: Fiscal Quarter Ending Consolidated Senior Leverage Ratio --------------------- ----- September 30, 2021 4.25:1.00 2003 2.75 to 1.0 December 31, 2021 4.00:1.00 2003 2.75 to 1.0 March 31, 2022 3.85:100 2004 2.75 to 1.0 June 30, 2022 3.75:1.00 2004 2.75 to 1.0 September 30, 2022 3.50:1.00 2004 2.75 to 1.0 December 31, 2022 3.25:1.00 ​ ​ ​ 90 ​ ​ 2004 2.75 to 1.0 March 31, 2023 3.25:1.00 2005 2.50 to 1.0 June 30, 2023 3.00:1.00 2005 2.50 to 1.0 September 30, 2023 3.00:1.00 2005 2.50 to 1.0 December 31, 2023 2.75:1.00 2005 2.50 to 1.0 March 31, 2024 2.75:1.00 2006 2.25 to 1.0 June 30, 2024 2.50:1.00 2006 2.25 to 1.0 September 30, 2024 2.50:1.00 2006 2.25 to 1.0 December 31, 2024 2.50:1.00 2006 2.25 to 1.0 March 31, 2025 2.50:1.00 2007 2.00 to 1.0 June 30, 2025 2.50:1.00 2007 2.00 to 1.0 September 30, 2025 2.50:1.00 ​2007 2.00 to 1.0 December 31, 2007 2.00 to 1.0 March 31, 2008 2.00 to 1.0 June 30, 2008 and thereafter 2.00 to 1.0

Appears in 1 contract

Samples: Credit Agreement (BHC Meadows Partner Inc)

Consolidated Senior Leverage Ratio. Permit the Consolidated Senior Leverage Ratio as at the last day of any period of four (4) consecutive fiscal quarters of Holdings and its Subsidiaries ending as date set forth below to exceed the ratio set forth below opposite such perioddate: Fiscal Quarter Ending Consolidated Date Senior Leverage Ratio December 31, 1997 2.50 to 1.00 March 31, 1998 2.50 to 1.00 June 30, 1998 2.50 to 1.00 September 30, 2021 4.25:1.00 1998 2.50 to 1.00 December 31, 2021 4.00:1.00 1998 2.50 to 1.00 March 31, 2022 3.85:100 1999 2.50 to 1.00 June 30, 2022 3.75:1.00 1999 2.50 to 1.00 September 30, 2022 3.50:1.00 1999 2.50 to 1.00 December 31, 2022 3.25:1.00 ​ ​ ​ 90 ​ ​ 1999 2.50 to 1.00 March 31, 2023 3.25:1.00 2000 2.50 to 1.00 June 30, 2023 3.00:1.00 2000 2.50 to 1.00 September 30, 2023 3.00:1.00 2000 2.50 to 1.00 December 31, 2023 2.75:1.00 2000 2.00 to 1.00 March 31, 2024 2.75:1.00 2001 2.00 to 1.00 June 30, 2024 2.50:1.00 2001 2.00 to 1.00 September 30, 2024 2.50:1.00 2001 2.00 to 1.00 December 31, 2024 2.50:1.00 2001 2.00 to 1.00 March 31, 2025 2.50:1.00 2002 2.00 to 1.00 June 30, 2025 2.50:1.00 2002 2.00 to 1.00 September 30, 2025 2.50:1.00 ​2002 2.00 to 1.00

Appears in 1 contract

Samples: Credit Agreement (Key Energy Group Inc)

Consolidated Senior Leverage Ratio. Permit the Consolidated Senior Leverage Ratio Ratio, as at of the last day end of any period of four Fiscal Quarter (4) consecutive fiscal quarters of Holdings and its Subsidiaries commencing with the first Fiscal Quarter ending as set forth below after the Closing Date), to exceed be greater than the ratio set forth below opposite the last day of such periodFiscal Quarter: 91 Fiscal Quarter Ending Consolidated Senior Leverage Ratio September 30, 2021 4.25:1.00 2017 5.50:1.00 December 31, 2021 4.00:1.00 2017 5.50:1.00 March 31, 2022 3.85:100 2018 5.50:1.00 June 30, 2022 3.75:1.00 2018 5.50:1.00 September 30, 2022 3.50:1.00 2018 5.25:1.00 December 31, 2022 3.25:1.00 ​ ​ ​ 90 ​ ​ 2018 5.25:1.00 March 31, 2023 3.25:1.00 2019 5.25:1.00 June 30, 2023 3.00:1.00 2019 5.00:1.00 September 30, 2023 3.00:1.00 2019 5.00:1.00 December 31, 2023 2.75:1.00 2019 5.00:1.00 March 31, 2024 2.75:1.00 2020 4.75:1.00 June 30, 2024 2.50:1.00 2020 4.75:1.00 September 30, 2024 2.50:1.00 2020 4.75:1.00 December 31, 2024 2.50:1.00 2020 4.50:1.00 March 31, 2025 2.50:1.00 2021 4.50:1.00 June 30, 2025 2.50:1.00 September 30, 2025 2.50:1.00 ​2021 4.50:1.00

Appears in 1 contract

Samples: Credit Agreement (AquaVenture Holdings LTD)

Consolidated Senior Leverage Ratio. Permit As of the end of each fiscal ---------------------------------- quarter set forth below, the Consolidated Senior Leverage Ratio as at the last day of any period of four (4) consecutive fiscal quarters of Holdings and its Subsidiaries ending as set forth below to exceed the ratio set forth below opposite such periodshall be not greater than: Fiscal Quarter Ending Consolidated Senior Leverage Ratio --------------------- June 30, 2001 2.40:1.00 September 30, 2021 4.25:1.00 2001 2.40:1.00 December 31, 2021 4.00:1.00 2001 2.40:1.00 March 31, 2022 3.85:100 2002 2.30:1.00 June 30, 2022 3.75:1.00 2002 2.30:1.00 -84- September 30, 2022 3.50:1.00 2002 2.30:1.00 December 31, 2022 3.25:1.00 ​ ​ ​ 90 ​ ​ 2002 2.30:1.00 March 31, 2023 3.25:1.00 2003 2.10:1.00 June 30, 2023 3.00:1.00 2003 2.10:1.00 September 30, 2023 3.00:1.00 2003 2.10:1.00 December 31, 2023 2.75:1.00 2003 2.10:1.00 March 31, 2024 2.75:1.00 2004 1.90:1.00 June 30, 2024 2.50:1.00 2004 1.90:1.00 September 30, 2024 2.50:1.00 2004 1.90:1.00 December 31, 2024 2.50:1.00 2004 1.90:1.00 March 31, 2025 2.50:1.00 2005 1.60:1.00 June 30, 2025 2.50:1.00 2005 1.60:1.00 September 30, 2025 2.50:1.00 ​2005 1.60:1.00 December 31, 2005 1.60:1.00 March 31, 2006 and thereafter 1.50:1.00

Appears in 1 contract

Samples: Credit Agreement (Triad Hospitals Inc)

Consolidated Senior Leverage Ratio. Permit the Consolidated Senior Leverage Ratio as at the last day of any period of four (4) consecutive fiscal quarters of Holdings Borrower and its Subsidiaries ending as set forth below to exceed the ratio set forth below opposite such period: Fiscal Quarter Ending Consolidated Senior Leverage Ratio ​ ​ September 30, 2021 4.25:1.00 2019 2.25:1.00 December 31, 2021 4.00:1.00 March 31, 2022 3.85:100 June 30, 2022 3.75:1.00 September 30, 2022 3.50:1.00 December 31, 2022 3.25:1.00 2019 2.25:1.00 ​ ​ ​ 90 84 Fiscal Quarter Ending Consolidated Senior Leverage Ratio ​ ​ March 31, 2020 2.25:1.00 June 30, 2020 2.25:1.00 September 30, 2020 2.25:1.00 December 31, 2020 2.00:1.00 March 31, 2021 2.00:1.00 June 30, 2021 2.00:1.00 September 30, 2021 2.00:1.00 December 31, 2021 1.75:1.00 March 31, 2022 1.75:1.00 June 30, 2022 1.75:1.00 September 30, 2022 1.50:1.00 December 31, 2022 1.50:1.00 March 31, 2023 3.25:1.00 1.50:1.00 June 30, 2023 3.00:1.00 1.50:1.00 September 30, 2023 3.00:1.00 1.50:1.00 December 31, 2023 2.75:1.00 1.50:1.00 March 31, 2024 2.75:1.00 1.50:1.00 June 30, 2024 2.50:1.00 September 30, 2024 2.50:1.00 December 31, 2024 2.50:1.00 March 31, 2025 2.50:1.00 June 30, 2025 2.50:1.00 September 30, 2025 2.50:1.00 and thereafter 1.50:1.00

Appears in 1 contract

Samples: Credit Agreement (Enfusion, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.