Common use of Consolidated Total Lease Adjusted Leverage Ratio Clause in Contracts

Consolidated Total Lease Adjusted Leverage Ratio. Permit the Consolidated Total Lease Adjusted Leverage Ratio, as of the last day of any Measurement Period set forth in the table below to be greater than the ratio set forth below opposite such Measurement Period in the table below: Measurement Period End Date Maximum Consolidated Total Lease Adjusted Leverage Ratio Fourth Fiscal Quarter of 2012 5.75:1.00 First Fiscal Quarter of 2013 5.75:1.00 Second Fiscal Quarter of 2013 5.75:1.00 Third Fiscal Quarter of 2013 5.75:1.00 Fourth Fiscal Quarter of 2013 5.75:1.00 First Fiscal Quarter of 2014 5.70:1.00 Second Fiscal Quarter of 2014 5.65:1.00 Third Fiscal Quarter of 2014 5.55:1.00 Fourth Fiscal Quarter of 2014 5.50:1.00 First Fiscal Quarter of 2015 5.40:1.00 Second Fiscal Quarter of 2015 5.25:1.00 Third Fiscal Quarter of 2015 5.15:1.00 Fourth Fiscal Quarter of 2015 5.00:1.00 First Fiscal Quarter of 2016 4.95:1.00 Second Fiscal Quarter of 2016 4.85:1.00 Third Fiscal Quarter of 2016 4.75:1.00 Fourth Fiscal Quarter of 2016 4.60:1.00 First Fiscal Quarter of 2017 and for each Fiscal Quarter ending Thereafter 4.50:1.00

Appears in 2 contracts

Samples: Credit Agreement (Bojangles', Inc.), Credit Agreement (Bojangles', Inc.)

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Consolidated Total Lease Adjusted Leverage Ratio. Permit the Consolidated Total Lease Adjusted Leverage Ratio, as of the last day of any Measurement Period set forth in the table below to be greater than the ratio set forth below opposite such Measurement Period in the table below: Measurement Period End Date Maximum Consolidated Total Lease Adjusted Leverage Ratio Fourth Fiscal Quarter of 2012 5.75:1.00 First Fiscal Quarter of 2013 5.75:1.00 Second Fiscal Quarter of 2013 5.75:1.00 Third Fiscal Quarter of 2013 5.75:1.00 through Fourth Fiscal Quarter of 2013 5.75:1.00 First Fiscal Quarter of 2014 5.70:1.00 through Second Fiscal Quarter of 2014 2015 5.95:1.00 Third Fiscal Quarter of 2015 through First Fiscal Quarter of 2016 5.75:1.00 Second Fiscal Quarter of 2016 5.65:1.00 Third Fiscal Quarter of 2014 5.55:1.00 Fourth Fiscal Quarter of 2014 2016 5.50:1.00 First Fiscal Quarter of 2015 5.40:1.00 Second Fiscal Quarter of 2015 5.25:1.00 Third Fiscal Quarter of 2015 5.15:1.00 Fourth Fiscal Quarter of 2015 5.00:1.00 First Fiscal Quarter of 2016 4.95:1.00 Second Fiscal Quarter of 2016 4.85:1.00 Third Fiscal Quarter of 2016 4.75:1.00 Fourth Fiscal Quarter of 2016 4.60:1.00 5.35:1.00 First Fiscal Quarter of 2017 5.30:1.00 Second Fiscal Quarter of 2017 5.15:1.00 Third Fiscal Quarter of 2017 5.00:1.00 Fourth Fiscal Quarter of 2017 4.90:1.00 First Fiscal Quarter of 2018 4.80:1.00 Second Fiscal Quarter of 2018 4.70:1.00 Third Fiscal Quarter of 2018 and for each Fiscal Quarter ending Thereafter 4.50:1.00thereafter 4.60:1.00

Appears in 2 contracts

Samples: Credit Agreement (Bojangles', Inc.), Credit Agreement (Bojangles', Inc.)

Consolidated Total Lease Adjusted Leverage Ratio. Permit the Consolidated Total Lease Adjusted Leverage Ratio, as of the last day of any Measurement Period set forth in the table below to be greater than the ratio set forth below opposite such Measurement Period in the table below: Measurement Period End Date Maximum Consolidated Total Lease Adjusted Leverage Ratio Fourth Fiscal Quarter of 2012 through Third Fiscal Quarter of 2014 5.75:1.00 First Fiscal Quarter of 2013 5.75:1.00 Second Fiscal Quarter of 2013 5.75:1.00 Third Fiscal Quarter of 2013 5.75:1.00 Fourth Fiscal Quarter of 2013 5.75:1.00 First Fiscal Quarter of 2014 5.70:1.00 Second Fiscal Quarter of 2014 5.65:1.00 Third Fiscal Quarter of 2014 5.55:1.00 Fourth Fiscal Quarter of 2014 5.50:1.00 5.505.70:1.00 First Fiscal Quarter of 2015 5.40:1.00 5.405.65:1.00 Second Fiscal Quarter of 2015 5.25:1.00 5.255.55:1.00 Third Fiscal Quarter of 2015 5.15:1.00 5.155.50:1.00 Fourth Fiscal Quarter of 2015 5.00:1.00 5.005.40:1.00 First Fiscal Quarter of 2016 4.95:1.00 4.955.25:1.00 Second Fiscal Quarter of 2016 4.85:1.00 4.855.15:1.00 Third Fiscal Quarter of 2016 4.75:1.00 4.755.00:1.00 Fourth Fiscal Quarter of 2016 4.60:1.00 4.604.95:1.00 First Fiscal Quarter of 2017 and for each Fiscal Quarter ending Thereafter 4.50:1.004.504.85:1.00 Second Fiscal Quarter of 2017 4.75:1.00 Third Fiscal Quarter of 2017 4.60:1.00

Appears in 2 contracts

Samples: Credit Agreement (Bojangles', Inc.), Credit Agreement (Bojangles', Inc.)

Consolidated Total Lease Adjusted Leverage Ratio. Permit the Consolidated Total Lease Adjusted Leverage Ratio, as of the last day of any Measurement Period set forth in the table below to be greater than the ratio set forth below opposite such Measurement Period in the table below: Measurement Period End Date Maximum Consolidated Total Lease Adjusted Leverage Ratio Fourth Fiscal Quarter of 2012 5.75:1.00 First through ThirdFourth Fiscal Quarter of 2013 5.75:1.00 Second Fiscal Quarter of 2013 5.75:1.00 Third Fiscal Quarter of 2013 20142013 5.75:1.00 Fourth Fiscal Quarter of 2013 5.75:1.00 First Fiscal Quarter of 2014 5.70:1.00 Second Fiscal Quarter of 2014 5.65:1.00 Third Fiscal Quarter of 2014 5.55:1.00 Fourth Fiscal Quarter of 2014 5.50:1.00 First Fiscal Quarter of 2015 5.40:1.00 5.65:1.00 Second Fiscal Quarter of 2015 5.25:1.00 5.55:1.00 Third Fiscal Quarter of 2015 5.15:1.00 Fourth 5.50:1.00 FourthFirst Fiscal Quarter 2014 through Second Fiscal Quarter of 2015 5.00:1.00 5.405.95:1.00 Third Fiscal Quarter of 2015 through First Fiscal Quarter of 2016 4.95:1.00 5.255.75:1.00 Second Fiscal Quarter of 2016 4.85:1.00 5.155.65:1.00 Third Fiscal Quarter of 2016 4.75:1.00 5.005.50:1.00 Fourth Fiscal Quarter of 2016 4.60:1.00 4.955.35:1.00 First Fiscal Quarter of 2017 and for each 4.855.30:1.00 Second Fiscal Quarter ending Thereafter 4.50:1.00of 2017 4.755.15:1.00 Third Fiscal Quarter of 2017 4.605.00:1.00 Fourth Fiscal Quarter of 2017 4.90:1.00 First Fiscal Quarter of 2018 4.80:1.00 Second Fiscal Quarter of 2018 4.70:1.00 Third Fiscal Quarter of 2018 4.60:1.00

Appears in 2 contracts

Samples: Credit Agreement (Bojangles', Inc.), Credit Agreement (Bojangles', Inc.)

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Consolidated Total Lease Adjusted Leverage Ratio. Permit the Consolidated Total Lease Adjusted Leverage Ratio, as of the last day of any Measurement Period set forth in the table below to be greater than the ratio set forth below opposite such Measurement Period in the table below: Measurement Period End Date Maximum Consolidated Total Lease Adjusted Leverage Ratio Fourth Fiscal Quarter of 2012 5.75:1.00 First Fiscal Quarter of 2013 5.75:1.00 Second Fiscal Quarter of 2013 5.75:1.00 Third Fiscal Quarter of 2013 5.75:1.00 through Fourth Fiscal Quarter of 2013 5.75:1.00 First Fiscal Quarter of 2014 5.70:1.00 through Second Fiscal Quarter of 2014 2015 5.95:1.00 Third Fiscal Quarter of 2015 through First Fiscal Quarter of 2016 5.75:1.00 Second Fiscal Quarter of 2016 5.65:1.00 Third Fiscal Quarter of 2014 5.55:1.00 Fourth Fiscal Quarter of 2014 2016 5.50:1.00 First Fiscal Quarter of 2015 5.40:1.00 Second Fiscal Quarter of 2015 5.25:1.00 Third Fiscal Quarter of 2015 5.15:1.00 Fourth Fiscal Quarter of 2015 5.00:1.00 First Fiscal Quarter of 2016 4.95:1.00 Second Fiscal Quarter of 2016 4.85:1.00 Third Fiscal Quarter of 2016 4.75:1.00 Fourth Fiscal Quarter of 2016 4.60:1.00 5.35:1.00 First Fiscal Quarter of 2017 5.30:1.00 Second Fiscal Quarter of 2017 5.15:1.00 Third Fiscal Quarter of 2017 and for each Fiscal Quarter ending Thereafter 4.50:1.00thereafter 5.00:1.00 [Fourth Fiscal Quarter of 2017] [4.90:1.00] [ First Fiscal Quarter of 2018] [4.80:1.00] [Second Fiscal Quarter of 2018] [4.70:1.00] [Third Fiscal Quarter of 2018 and for each Fiscal Quarter ending thereafter] [4.60:1.00]

Appears in 1 contract

Samples: Credit Agreement (Bojangles', Inc.)

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