Consolidated Total Debt to Consolidated EBITDA Ratio. The Borrower will not permit the Consolidated Total 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, 2004 to December 31, 2004 6.75 to 1.00 January 1, 2005 to March 31, 2005 6.75 to 1.00 April 1, 2005 to June 30, 2005 6.75 to 1.00 July 1, 2005 to September 30, 2005 6.75 to 1.00 October 1, 2005 to December 31, 2005 6.50 to 1.00 January 1, 2006 to March 31, 2006 6.50 to 1.00 April 1, 2006 to June 30, 2006 6.50 to 1.00 July 1, 2006 to September 30, 2006 6.50 to 1.00 October 1, 2006 to December 31, 2006 6.25 to 1.00 January 1, 2007 to March 31, 2007 6.25 to 1.00 April 1, 2007 to June 30, 2007 6.25 to 1.00 July 1, 2007 to September 30, 2007 6.25 to 1.00 October 1, 2007 to December 31, 2007 6.00 to 1.00 January 1, 2008 to March 31, 2008 6.00 to 1.00 April 1, 2008 to June 30, 2008 6.00 to 1.00 July 1, 2008 to September 30, 2008 6.00 to 1.00 October 1, 2008 to December 31, 2008 5.50 to 1.00 January 1, 2009 to March 31, 2009 5.50 to 1.00 April 1, 2009 to June 30, 2009 5.50 to 1.00 July 1, 2009 to September 30, 2009 5.50 to 1.00 October 1, 2009 to December 31, 2009 5.00 to 1.00 January 1, 2010 to March 31, 2010 5.00 to 1.00 April 1, 2010 to June 30, 2010 5.00 to 1.00 July 1, 2010 to September 30, 2010 5.00 to 1.00 October 1, 2010 to December 31, 2010 4.50 to 1.00 January 1, 2011 to March 31, 2011 4.50 to 1.00 April 1, 2011 to June 30, 2011 4.50 to 1.00 July 1, 2011 and thereafter 4.50 to 1.00
Appears in 1 contract
Consolidated Total Debt to Consolidated EBITDA Ratio. The Borrower will not permit the Consolidated Total 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, 2004 2006 through March 31, 2007 7.90 to 1.00 April 1, 2007 through June 30, 2007 7.40 to 1.00 July 1, 2007 through September 30, 2007 6.90 to 1.00 October 1, 2007 through December 31, 2004 6.75 2007 6.70 to 1.00 January 1, 2005 to 2008 through March 31, 2005 6.75 to 1.00 April 1, 2005 to June 30, 2005 6.75 to 1.00 July 1, 2005 to September 30, 2005 6.75 to 1.00 October 1, 2005 to December 31, 2005 6.50 to 1.00 January 1, 2006 to March 31, 2006 2008 6.50 to 1.00 April 1, 2006 to 2008 through June 30, 2006 6.50 to 1.00 July 1, 2006 to September 30, 2006 6.50 to 1.00 October 1, 2006 to December 31, 2006 6.25 to 1.00 January 1, 2007 to March 31, 2007 6.25 to 1.00 April 1, 2007 to June 30, 2007 2008 6.25 to 1.00 July 1, 2007 to September 30, 2007 6.25 to 1.00 October 1, 2007 to December 31, 2007 6.00 to 1.00 January 1, 2008 to March 31, 2008 6.00 to 1.00 April 1, 2008 to June 30, 2008 6.00 to 1.00 July 1, 2008 to through September 30, 2008 6.00 5.90 to 1.00 October 1, 2008 to through December 31, 2008 5.50 5.60 to 1.00 January 1, 2009 to through March 31, 2009 5.50 5.40 to 1.00 April 1, 2009 to through June 30, 2009 5.50 5.10 to 1.00 July 1, 2009 to through September 30, 2009 5.50 4.90 to 1.00 October 1, 2009 to through December 31, 2009 5.00 4.60 to 1.00 January 1, 2010 to through March 31, 2010 5.00 4.40 to 1.00 April 1, 2010 to through June 30, 2010 5.00 4.10 to 1.00 July 1, 2010 to through September 30, 2010 5.00 3.90 to 1.00 October 1, 2010 to through December 31, 2010 4.50 3.70 to 1.00 January 1, 2011 to through March 31, 2011 4.50 3.50 to 1.00 April 1, 2011 to through June 30, 2011 4.50 3.25 to 1.00 July 1, 2011 and thereafter 4.50 Thereafter 3.00 to 1.00
Appears in 1 contract
Consolidated Total Debt to Consolidated EBITDA Ratio. The Borrower will not permit the Consolidated Total 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, 2004 to December 31, 2004 6.75 to 1.00 January 1, 2005 to March 31, 2005 6.75 5.75 to 1.00 April 1, 2005 to June 30, 2005 6.75 5.75 to 1.00 July 1, 2005 to September 30, 2005 6.75 5.75 to 1.00 October 1, 2005 to December 31, 2005 6.50 5.75 to 1.00 January 1, 2006 to March 31, 2006 6.50 5.75 to 1.00 April 1, 2006 to June 30, 2006 6.50 5.75 to 1.00 July 1, 2006 to September 30, 2006 6.50 5.75 to 1.00 October 1, 2006 to December 31, 2006 6.25 5.50 to 1.00 January 1, 2007 to March 31, 2007 6.25 5.50 to 1.00 April 1, 2007 to June 30, 2007 6.25 5.50 to 1.00 July 1, 2007 to September 30, 2007 6.25 5.50 to 1.00 October 1, 2007 to December 31, 2007 6.00 5.25 to 1.00 January 1, 2008 to March 31, 2008 6.00 5.25 to 1.00 April 1, 2008 to June 30, 2008 6.00 5.25 to 1.00 July 1, 2008 to September 30, 2008 6.00 5.25 to 1.00 October 1, 2008 to December 31, 2008 5.50 5.25 to 1.00 January 1, 2009 to March 31, 2009 5.50 5.25 to 1.00 April 1, 2009 to June 30, 2009 5.50 5.25 to 1.00 July 1, 2009 to September 30, 2009 5.50 5.25 to 1.00 October 1, 2009 to December 31, 2009 5.00 to 1.00 January 1, 2010 to March 31, 2010 5.00 to 1.00 April 1, 2010 to June 30, 2010 5.00 to 1.00 July 1, 2010 to September 30, 2010 5.00 to 1.00 October 1, 2010 to December 31, 2010 4.50 4.75 to 1.00 January 1, 2011 to March 31, 2011 4.50 4.75 to 1.00 April 1, 2011 to June 30, 2011 4.50 4.75 to 1.00 July 1, 2011 and thereafter 4.50 4.75 to 1.00
Appears in 1 contract
Consolidated Total Debt to Consolidated EBITDA Ratio. The Borrower Holdings will not permit the Consolidated Total 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, 2004 to December 31, 2004 6.75 to 1.00 January 1, 2005 to March 31, 2005 6.75 to 1.00 April 1, 2005 to June 30, 2005 6.75 to 1.00 July 1, 2005 to September 30, 2005 6.75 to 1.00 October 1, 2005 to December 31, 2005 6.50 to 1.00 January 1, 2006 to March 31, 2006 6.50 to 1.00 April 1, 2006 to June 30, 2006 6.50 to 1.00 July 1, 2006 to September 30, 2006 6.50 to 1.00 October 1, 2006 to December 31, 2006 6.25 to 1.00 January 1, 2007 to March 31, 2007 6.25 to 1.00 April 1, 2007 to June 30, 2007 6.25 to 1.00 July 1, 2007 to September 30, 2007 6.25 to 1.00 October 1, 2007 to December 31, 2007 6.00 to 1.00 January 1, 2008 to March 31, 2008 6.00 9.50 to 1.00 April 1, 2008 to June 30, 2008 6.00 9.50 to 1.00 July 1, 2008 to September 30, 2008 6.00 9.50 to 1.00 October 1, 2008 to December 31, 2008 5.50 9.50 to 1.00 January 1, 2009 to March 31, 2009 5.50 9.25 to 1.00 April 1, 2009 to June 30, 2009 5.50 9.00 to 1.00 July 1, 2009 to September 30, 2009 5.50 8.50 to 1.00 October 1, 2009 to December 31, 2009 5.00 8.25 to 1.00 January 1, 2010 to March 31, 2010 5.00 8.00 to 1.00 April 1, 2010 to June 30, 2010 5.00 7.50 to 1.00 July 1, 2010 to September 30, 2010 5.00 7.00 to 1.00 October 1, 2010 to December 31, 2010 4.50 6.50 to 1.00 January 1, 2011 to March 31, 2011 4.50 6.50 to 1.00 April 1, 2011 to June 30, 2011 4.50 6.50 to 1.00 July 1, 2011 to September 30, 2011 6.25 to 1.00 October 1, 2011 to December 31, 2011 6.25 to 1.00 January 1, 2012 to March 31, 2012 6.25 to 1.00 April 1, 2012 to June 30, 2012 6.25 to 1.00 July 1, 2012 to September 30, 2012 6.00 to 1.00 October 1, 2012 to December 31, 2012 6.00 to 1.00 January 1, 2013 to March 31, 2013 6.00 to 1.00 April 1, 2013 to June 30, 2013 5.75 to 1.00 July 1, 2013 to September 30, 2013 5.75 to 1.00 October 1, 2013 to December 31, 2013 5.50 to 1.00 January 1, 2014 to March 31, 2014 5.50 to 1.00 April 1, 2014 to June 30, 2014 5.50 to 1.00 July 1, 2014 and thereafter 4.50 5.50 to 1.00
Appears in 1 contract
Samples: Credit Agreement (Loral Space & Communications Inc.)
Consolidated Total Debt to Consolidated EBITDA Ratio. The Holdings and the Borrower will not permit the Consolidated Total 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 March 1, 2004 to December May 30, 2004 7.50 to 1.00 May 31, 2004 to August 29, 2004 7.50 to 1.00 August 30 2004 to November 28, 2004 7.50 to 1.00 November 29, 2004 to February 27, 2005 7.50 to 1.00 February 28, 2005 to May 29, 2005 7.25 to 1.00 May 30, 2005 to August 28, 2005 7.25 to 1.00 August 29 2005 to November 27, 2005 7.00 to 1.00 November 28, 2005 to February 26, 2006 6.75 to 1.00 January 1February 27, 2005 2006 to March 31May 28, 2005 2006 6.75 to 1.00 April 1, 2005 to June 30, 2005 6.75 to 1.00 July 1, 2005 to September 30, 2005 6.75 to 1.00 October 1, 2005 to December 31, 2005 6.50 to 1.00 January 1May 29, 2006 to March 31August 27, 2006 6.50 to 1.00 April 1, August 28 2006 to June 30, 2006 6.50 to 1.00 July 1, 2006 to September 30, 2006 6.50 to 1.00 October 1, 2006 to December 31November 26, 2006 6.25 to 1.00 January 1November 27, 2007 2006 to March 31, 2007 6.25 to 1.00 April 1, 2007 to June 30, 2007 6.25 to 1.00 July 1, 2007 to September 30, 2007 6.25 to 1.00 October 1, 2007 to December 31February 25, 2007 6.00 to 1.00 January February 26, 2007 to May 27, 2007 5.75 to 1.00 May 28, 2007 to August 26, 2007 5.75 to 1.00 August 27, 2007 December 2, 2007 5.50 to 1.00 December 3, 2007 to March 2, 2008 5.50 to 1.00 March 3, 2008 to June 1, 2008 5.25 to 1.00 June 2, 2008 to August 31, 2008 5.25 to 1.00 September 1, 2008 to November 30, 2008 5.00 to 1.00 December 1, 2008 to March 31, 2008 6.00 to 1.00 April 1, 2008 to June 30, 2008 6.00 to 1.00 July 1, 2008 to September 30, 2008 6.00 to 1.00 October 1, 2008 to December 31, 2008 5.50 to 1.00 January 1, 2009 to March 31, 2009 5.50 to 1.00 April 1, 2009 to June 30, 2009 5.50 to 1.00 July 1, 2009 to September 30, 2009 5.50 to 1.00 October 1, 2009 to December 31, 2009 5.00 to 1.00 January March 2, 2009 to May 31, 2009 4.75 to 1.00 June 1, 2010 2009 to March August 30, 2009 4.75 to 1.00 August 31, 2010 5.00 2009 to November 29, 2009 4.50 to 1.00 April 1, 2010 to June November 30, 2010 5.00 2009 to 1.00 July 1, 2010 to September 30, 2010 5.00 to 1.00 October 1, 2010 to December 31February 28, 2010 4.50 to 1.00 January March 1, 2011 2010 to March 31May 30, 2011 4.50 2010 4.25 to 1.00 April June 1, 2011 2010 to June August 29, 2010 4.25 to 1.00 August 30, 2011 4.50 2010 to November 28, 2010 4.00 to 1.00 July 1November 29, 2011 2010 and thereafter 4.50 4.00 to 1.00
Appears in 1 contract
Samples: Credit Agreement (Sealy Corp)
Consolidated Total Debt to Consolidated EBITDA Ratio. The Borrower will not permit the Consolidated Total Debt to Consolidated EBITDA Ratio for any Test Period ending during any period on the last day of the fiscal quarter set forth below to be greater than the ratio set forth below opposite such period: October 1, 2004 to December 31, 2004 6.75 to 1.00 January 1, 2005 to March 31, 2005 6.75 to 1.00 April 1, 2005 to June 30, 2005 6.75 to 1.00 July 1, 2005 to September 30, 2005 6.75 to 1.00 October 1, 2005 to December 31, 2005 6.50 to 1.00 January May 1, 2006 to March July 31, 2006 6.50 7.75 to 1.00 April August 1, 2006 to June 30October 31, 2006 6.50 7.75 to 1.00 July November 1, 2006 to September 30January 31, 2006 6.50 2007 7.50 to 1.00 October 1, 2006 to December 31, 2006 6.25 to 1.00 January February 1, 2007 to March 31April 30, 2007 6.25 7.50 to 1.00 April May 1, 2007 to June 30July 31, 2007 6.25 7.50 to 1.00 July August 1, 2007 to September 30October 31, 2007 6.25 7.50 to 1.00 October November 1, 2007 to December January 31, 2007 6.00 2008 6.75 to 1.00 January February 1, 2008 to March 31April 30, 2008 6.00 6.75 to 1.00 April May 1, 2008 to June 30July 31, 2008 6.00 6.75 to 1.00 July August 1, 2008 to September 30October 31, 2008 6.00 6.75 to 1.00 October November 1, 2008 to December January 31, 2008 5.50 2009 6.00 to 1.00 January February 1, 2009 to March 31April 30, 2009 5.50 6.00 to 1.00 April May 1, 2009 to June 30July 31, 2009 5.50 6.00 to 1.00 July August 1, 2009 to September 30October 31, 2009 5.50 6.00 to 1.00 October November 1, 2009 to December January 31, 2009 5.00 2010 5.50 to 1.00 January February 1, 2010 to March 31April 30, 2010 5.00 5.50 to 1.00 April May 1, 2010 to June 30July 31, 2010 5.00 5.50 to 1.00 July August 1, 2010 to September 30October 31, 2010 5.00 5.50 to 1.00 October November 1, 2010 to December January 31, 2010 4.50 to 1.00 January 1, 2011 to March 31, 2011 4.50 to 1.00 April 1, 2011 to June 30, 2011 4.50 to 1.00 July 1, 2011 and thereafter 4.50 5.00 to 1.00
Appears in 1 contract
Consolidated Total Debt to Consolidated EBITDA Ratio. The Borrower Holdings will not permit the Consolidated Total Debt to Consolidated EBITDA Ratio for at any time during any Test Period ending during on the last day of any period fiscal quarter set forth below to be greater than the ratio set forth below opposite such periodfiscal quarter: October 1, 2004 to December 31, 2004 6.75 to 1.00 January 1, 2005 to March 31, 2005 6.75 to 1.00 April 1, 2005 to June 30, 2005 6.75 to 1.00 July 1, 2005 to September 30, 2005 6.75 to 1.00 October 1, 2005 to December 31, 2005 6.50 to 1.00 January 1, 2006 to March 31, 2006 6.50 to 1.00 April 1, 2006 to June 30, 2006 6.50 to 1.00 July 1, 2006 to September 30, 2006 6.50 to 1.00 October 1, 2006 to December 31, 2006 6.25 to 1.00 January 1, 2007 to March 31, 2007 6.25 to 1.00 April 1, 2007 to June 30, 2007 6.25 to 1.00 July 1, 2007 to September 30, 2007 6.25 to 1.00 October 1, 2007 to December 31, 2007 6.00 to 1.00 January 1, 2008 to March 31, 2008 6.00 7.00 to 1.00 April 1, 2008 to June 30, 2008 6.00 7.00 to 1.00 July 1, 2008 to September 30, 2008 6.00 6.80 to 1.00 October 1, 2008 to December 31, 2008 5.50 6.50 to 1.00 January 1, 2009 to March 31, 2009 5.50 6.50 to 1.00 April 1, 2009 to June 30, 2009 5.50 6.50 to 1.00 July 1, 2009 to September 30, 2009 5.50 6.30 to 1.00 October 1, 2009 to December 31, 2009 5.00 6.00 to 1.00 January 1, 2010 to March 31, 2010 5.00 6.00 to 1.00 April 1, 2010 to June 30, 2010 5.00 6.00 to 1.00 July 1, 2010 to September 30, 2010 5.00 5.80 to 1.00 October 1, 2010 to December 31, 2010 4.50 5.50 to 1.00 January 1, 2011 to March 31, 2011 4.50 5.50 to 1.00 April 1, 2011 to June 30, 2011 4.50 5.50 to 1.00 July 1, 2011 and thereafter 4.50 to September 30, 2011 5.30 to 1.00 October 1, 2011 to December 31, 2011 5.00 to 1.00 January 1, 2012 to March 31, 2012 5.00 to 1.00 April 1, 2012 to June 30, 2012 5.00 to 1.00 July 1, 2012 to September 30, 2012 5.00 to 1.00 October 1, 2012 to December 31, 2012 4.75 to 1.00
Appears in 1 contract
Consolidated Total Debt to Consolidated EBITDA Ratio. The Borrower will not permit the Consolidated Total Debt to Consolidated EBITDA Ratio for any Test Period ending during any period on the last day of the fiscal quarter set forth below to be greater than the ratio set forth below opposite such period: October 1, 2004 to December 31, 2004 6.75 to 1.00 January 1, 2005 to March 31, 2005 6.75 to 1.00 April 1, 2005 to June 30, 2005 6.75 to 1.00 July 1, 2005 to September 30, 2005 6.75 to 1.00 October 1, 2005 to December 31, 2005 6.50 to 1.00 January Period Ratio May 1, 2006 to March July 31, 2006 6.50 7.75 to 1.00 April August 1, 2006 to June 30October 31, 2006 6.50 7.75 to 1.00 July November 1, 2006 to September 30January 31, 2006 6.50 2007 7.50 to 1.00 October 1, 2006 to December 31, 2006 6.25 to 1.00 January February 1, 2007 to March 31April 30, 2007 6.25 7.50 to 1.00 April Period Ratio May 1, 2007 to June 30July 31, 2007 6.25 7.50 to 1.00 July August 1, 2007 to September 30October 31, 2007 6.25 7.50 to 1.00 October November 1, 2007 to December January 31, 2007 6.00 2008 6.75 to 1.00 January February 1, 2008 to March 31April 30, 2008 6.00 6.75 to 1.00 April May 1, 2008 to June 30July 31, 2008 6.00 6.75 to 1.00 July August 1, 2008 to September 30October 31, 2008 6.00 6.75 to 1.00 October November 1, 2008 to December January 31, 2008 5.50 2009 6.00 to 1.00 January February 1, 2009 to March 31April 30, 2009 5.50 6.00 to 1.00 April May 1, 2009 to June 30July 31, 2009 5.50 6.00 to 1.00 July August 1, 2009 to September 30October 31, 2009 5.50 6.00 to 1.00 October November 1, 2009 to December January 31, 2009 5.00 2010 5.50 to 1.00 January February 1, 2010 to March 31April 30, 2010 5.00 5.50 to 1.00 April May 1, 2010 to June 30July 31, 2010 5.00 5.50 to 1.00 July August 1, 2010 to September 30October 31, 2010 5.00 5.50 to 1.00 October November 1, 2010 to December January 31, 2010 4.50 2011 5.00 to 1.00 January February 1, 2011 to March July 31, 2011 4.50 2012 5.50 to 1.00 April August 1, 2011 2012 to June 30October 31, 2011 4.50 to 1.00 July 1, 2011 2012 and thereafter 4.50 5.00 to 1.00
Appears in 1 contract