Common use of Consolidated Senior Leverage Ratio Clause in Contracts

Consolidated Senior Leverage Ratio. The Consolidated Senior Leverage Ratio shall not be greater than the amount set forth below at any time, in each case, other than as set forth in the definition thereof, with respect to the most recent period of four Fiscal Quarters then ended (starting at the time that the financial statements for the most recent four Fiscal Quarters ended June 30, 2019 are required to have been delivered hereunder (or have been so delivered, if earlier)): Four Fiscal Quarters Ended Consolidated Senior Leverage Ratio June 30, 2019 10.00:1.00 September 30, 2019 10.00:1.00 December 31, 2019 8.00:1.00 March 31, 2020 7.00:1.00 June 30, 2020 7.00:1.00

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Xtant Medical Holdings, Inc.)

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Consolidated Senior Leverage Ratio. The Consolidated Senior Leverage Ratio shall not be greater than the amount set forth below at any time, in each case, other than as set forth in the definition thereof, with respect to the most recent period of four Fiscal Quarters then ended (starting at the time that the financial statements for the most recent four Fiscal Quarters ended June September 30, 2019 2016 are required to have been delivered hereunder (or have been so delivered, if earlier)): Four Fiscal Quarters Ended Consolidated Senior Leverage Ratio September 30, 2016 7.50:1.00 December 31, 2016 7.50:1.00 March 31, 2017 5.00:1.00 June 30, 2017 5.00:1.00 September 30, 2017 5.00:1.00 December 31, 2017 5.00:1.00 March 31, 2018 5.00:1.00 June 30, 2018 5.00:1.00 September 30, 2018 5.00:1.00 December 31, 2018 5.00:1.00 March 31, 2019 2.50:1.00 June 30, 2019 10.00:1.00 2.50:1.00 September 30, 2019 10.00:1.00 2.50:1.00 December 31, 2019 8.00:1.00 2.50:1.00 March 31, 2020 7.00:1.00 2.50:1.00 June 30, 2020 7.00:1.002.50:1.00

Appears in 1 contract

Samples: Credit Agreement (Bacterin International Holdings, Inc.)

Consolidated Senior Leverage Ratio. The Consolidated Senior Leverage Ratio shall not be greater than the amount set forth below at any time, in each case, other than as set forth in the definition thereof, with respect to the most recent period of four Fiscal Quarters then ended (starting at the time that the financial statements for the most recent four Fiscal Quarters ended June September 30, 2019 2017 are required to have been delivered hereunder (or have been so delivered, if earlier)): Four Fiscal Quarters Ended Consolidated Senior Leverage Ratio September 30, 2017 5.00:1.00 December 31, 2017 5.00:1.00 March 31, 2018 5.00:1.00 June 30, 2018 5.00:1.00 September 30, 2018 5.00:1.00 December 31, 2018 5.00:1.00 March 31, 2019 2.50:1.00 June 30, 2019 10.00:1.00 2.50:1.00 September 30, 2019 10.00:1.00 2.50:1.00 December 31, 2019 8.00:1.00 2.50:1.00 March 31, 2020 7.00:1.00 2.50:1.00 June 30, 2020 7.00:1.002.50:1.00

Appears in 1 contract

Samples: Credit Agreement (Xtant Medical Holdings, Inc.)

Consolidated Senior Leverage Ratio. The Consolidated Senior Leverage Ratio shall not be greater than the amount set forth below at any time, in each case, other than as set forth in the definition thereof, with respect to the most recent period of four Fiscal Quarters then ended (starting at the time that the financial statements for the most recent four Fiscal Quarters ended June 30March 31, 2019 2018 are required to have been delivered hereunder (or have been so delivered, if earlier)): Four Fiscal Quarters Ended Consolidated Senior Leverage Ratio March 31, 2018 5.00:1.00 June 30, 2018 5.00:1.00 September 30, 2018 5.00:1.00 December 31, 2018 5.00:1.00 March 31, 2019 2.50:1.00 June 30, 2019 10.00:1.00 2.50:1.00 September 30, 2019 10.00:1.00 2.50:1.00 December 31, 2019 8.00:1.00 2.50:1.00 March 31, 2020 7.00:1.00 2.50:1.00 June 30, 2020 7.00:1.002.50:1.00

Appears in 1 contract

Samples: Credit Agreement (Xtant Medical Holdings, Inc.)

Consolidated Senior Leverage Ratio. The Consolidated Senior Leverage Ratio shall not be greater than the amount set forth below at any time, in each case, other than as set forth in the definition thereof, with respect to the most recent period of four Fiscal Quarters then ended (starting at the time that the financial statements for the most recent four Fiscal Quarters ended June 30December 31, 2019 2017 are required to have been delivered hereunder (or have been so delivered, if earlier)): Four Fiscal Quarters Ended Consolidated Senior Leverage Ratio December 31, 2017 5.00:1.00 March 31, 2018 5.00:1.00 June 30, 2018 5.00:1.00 September 30, 2018 5.00:1.00 December 31, 2018 5.00:1.00 March 31, 2019 2.50:1.00 June 30, 2019 10.00:1.00 2.50:1.00 September 30, 2019 10.00:1.00 2.50:1.00 December 31, 2019 8.00:1.00 2.50:1.00 March 31, 2020 7.00:1.00 2.50:1.00 June 30, 2020 7.00:1.002.50:1.00

Appears in 1 contract

Samples: Credit Agreement (Xtant Medical Holdings, Inc.)

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Consolidated Senior Leverage Ratio. The Consolidated Senior Leverage Ratio shall not be greater than the amount set forth below at any time, in each case, other than as set forth in the definition thereof, with respect to the most recent period of four Fiscal Quarters then ended (starting at the time that the financial statements for the most recent four Fiscal Quarters ended June 30March 31, 2019 2017 are required to have been delivered hereunder (or have been so delivered, if earlier)): Four Fiscal Quarters Ended Consolidated Senior Leverage Ratio March 31, 2017 5.00:1.00 June 30, 2017 5.00:1.00 September 30, 2017 5.00:1.00 December 31, 2017 5.00:1.00 March 31, 2018 5.00:1.00 June 30, 2018 5.00:1.00 September 30, 2018 5.00:1.00 December 31, 2018 5.00:1.00 March 31, 2019 2.50:1.00 June 30, 2019 10.00:1.00 2.50:1.00 September 30, 2019 10.00:1.00 2.50:1.00 December 31, 2019 8.00:1.00 2.50:1.00 March 31, 2020 7.00:1.00 2.50:1.00 June 30, 2020 7.00:1.002.50:1.00

Appears in 1 contract

Samples: Credit Agreement (Xtant Medical Holdings, Inc.)

Consolidated Senior Leverage Ratio. The Consolidated Senior Leverage Ratio shall not be greater than the amount set forth below at any time, in each case, other than as set forth in the definition thereof, with respect to the most recent period of four Fiscal Quarters then ended (starting at the time that the financial statements for the most recent four Fiscal Quarters ended June 30, 2019 2017 are required to have been delivered hereunder (or have been so delivered, if earlier)): Four Fiscal Quarters Ended Consolidated Senior Leverage Ratio June 30, 2017 5.00:1.00 September 30, 2017 5.00:1.00 December 31, 2017 5.00:1.00 March 31, 2018 5.00:1.00 June 30, 2018 5.00:1.00 September 30, 2018 5.00:1.00 December 31, 2018 5.00:1.00 March 31, 2019 10.00:1.00 2.50:1.00 June 30, 2019 2.50:1.00 September 30, 2019 10.00:1.00 2.50:1.00 December 31, 2019 8.00:1.00 2.50:1.00 March 31, 2020 7.00:1.00 2.50:1.00 June 30, 2020 7.00:1.002.50:1.00

Appears in 1 contract

Samples: Credit Agreement (Xtant Medical Holdings, Inc.)

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