Consolidated Senior Secured Leverage Ratio. Permit the Consolidated Senior Secured Leverage Ratio as at the last day of any period of four consecutive fiscal quarters of the Borrower to exceed 1.50:1.00.
Consolidated Senior Secured Leverage Ratio. As of any fiscal quarter end, permit the Consolidated Senior Secured Leverage Ratio to be greater than the corresponding ratio set forth below:
Consolidated Senior Secured Leverage Ratio. The Parent and the Borrower will not permit, as of the last day of any fiscal quarter commencing with the fiscal quarter during which the Covenant Changeover Date occurs (but in no event prior to the fiscal quarter ending March 31, 2015), the Consolidated Senior Secured Leverage Ratio to be greater than 3.50 to 1.00.
Consolidated Senior Secured Leverage Ratio. Permit the Consolidated Senior Secured Leverage Ratio to be greater than (i) 4.0:1.0 as of the end of any fiscal quarter of the Borrower ending prior to June 30, 2015, (ii) 3.75:1.0 as of the end of any fiscal quarter of the Borrower ending on or after June 30, 2015 but prior to December 31, 2016, and (iii) 3.5:1.0 as of the end of any fiscal quarter of the Borrower ending on or after December 31, 2016.
Consolidated Senior Secured Leverage Ratio. As of any fiscal quarter end, permit the Consolidated Senior Secured Leverage Ratio to be greater than the corresponding ratio set forth below: Third Amendment Effective Date to March 31, 2008 4.50 to 1.00 April 1, 2008 through and including June 30, 2008 2.75 to 1.00 July 1, 2008 through and including September 30, 2008 1.50 to 1.00 October 1, 2008 and thereafter 1.25 to 1.00
Consolidated Senior Secured Leverage Ratio. Permit the Consolidated Senior Secured Leverage Ratio as of the end of any fiscal quarter of the Borrower, commencing with fiscal quarter ending April 24, 2010, to be greater than the ratio set forth below opposite the applicable fiscal quarter end:
Consolidated Senior Secured Leverage Ratio. Commencing with the Measurement Period ending September 30, 2018, permit the Consolidated Senior Secured Leverage Ratio as of the end of any Measurement Period to be greater than 3.50 to 1.00.
Consolidated Senior Secured Leverage Ratio. Permit the Consolidated Senior Secured Leverage Ratio determined as of the end of any fiscal quarter of the Borrower set forth below to be greater than the ratio corresponding to such fiscal quarter: Fiscal Quarter Ending Maximum Consolidated Senior Secured Leverage Ratio March 31, 2014 3.50:1.0 June 30, 2014 3.50:1.0 September 30, 2014 3.50:1.0 December 31, 2014 3.50:1.0 March 31, 2015 3.25:1.0 June 30, 2015 3.25:1.0 September 30, 2015 3.25:1.0 December 31, 2015 3.25:1.0 March 31, 2016 and thereafter 3.00:1.0
Consolidated Senior Secured Leverage Ratio. Permit the Consolidated Senior Secured Leverage Ratio as at the last day of any period of four consecutive fiscal quarters of the Parent Borrower and its Subsidiaries ending with any fiscal quarter set forth below to exceed the ratio set forth below opposite such fiscal quarter: Notwithstanding the foregoing, if the Parent Borrower or any of its Subsidiaries consummates a Material Acquisition, at the election of the Parent Borrower (the notice of which election shall be given prior to the earlier of (i) the date that is thirty (30) days after consummating the relevant Material Acquisition and (ii) the date by which the Parent Borrower has to deliver financial statements in accordance with Section 6.1(a) or (b) in respect of the fiscal quarter in which such Material Acquisition was consummated), the Consolidated Senior Secured Leverage Ratio may be 0.50 to 1.00 (or such lesser amount as is required to comply with clause (x) of the proviso below) greater than the ratios set forth in the table above or the proviso in the immediately preceding sentence, as applicable, for four consecutive fiscal quarters starting with the fiscal quarter in which such Material Acquisition is consummated; provided that (x) the required Consolidated Senior Secured Leverage Ratio that would apply as a result of any such step-up shall be no greater than 4.25 to 1.00, (y) such step-up shall only be permitted twice during this Agreement and (z) there shall be at least two fiscal quarters in between any such step-ups.
Consolidated Senior Secured Leverage Ratio. Permit the Consolidated Senior Secured Leverage Ratio as of the end of any fiscal quarter of the Borrower set forth below to be greater than the ratio set forth below opposite such period: Closing Date through June 30, 2013 2.00:1.00 September 30, 2013 through June 30, 2014 1.75:1.00 September 30, 2014 and each fiscal quarter thereafter 2.00:1.00
(k) Existing Section 10.19 is hereby re-numbered as Section 10.20, and a new Section 10.19 is hereby added to the Credit Agreement immediately following the existing Section 10.18:
