Consolidated Senior Secured Debt to Consolidated EBITDA Ratio. The Borrower will not permit the Consolidated Senior Secured Debt to Consolidated EBITDA Ratio for any Test Period ending during any period set forth below to be greater than the ratio set forth below opposite such period: October 1, 2008 to September 30, 2009 7.25 to 1.00 October 1, 2009 to September 30, 2010 7.00 to 1.00 October 1, 2010 to September 30, 2011 6.75 to 1.00 October 1, 2011 to September 30, 2012 6.50 to 1.00 October 1, 2012 to September 30, 2013 6.25 to 1.00 Thereafter 6.00 to 1.00 Any provision of this Agreement that contains a requirement for the Borrower to be in compliance with the covenant contained in this Section 10.10 prior to the time that this covenant is otherwise applicable shall be deemed to require that the Consolidated Total Debt to Consolidated EBITDA Ratio for the applicable Test Period not be greater than 8.75 to 1.00.
Appears in 26 contracts
Samples: Credit Agreement (First Data Corp), Joinder Agreement (First Data Corp), Joinder Agreement (First Data Corp)
