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 end of any Measurement Period to be greater than or equal to [5.25]5.50:1.00; provided, however, that (i) commencing with the end of the second Fiscal Quarter of Fiscal Year 2017, the Consolidated Total Lease Adjusted Leverage Ratio as of the end of any Measurement Period shall not be permitted to be greater than or equal to [5.00:1.00 and]5.25:1.00, 117

Appears in 1 contract

Samples: Credit Agreement (NOODLES & Co)

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Consolidated Total Lease Adjusted Leverage Ratio. Permit the Consolidated Total Lease Adjusted Leverage Ratio as of the end of any Measurement Period to be greater than or equal to [5.25]5.50:1.004.75:1.00; provided, however, that (i) commencing with the end of the second fourth Fiscal Quarter of Fiscal Year 20172017 and for each Fiscal Quarter thereafter, the Consolidated Total Lease Adjusted Leverage Ratio as of the end of any Measurement Period shall not be permitted to be greater than or equal to [5.00:1.00 and]5.25:1.00, 1174.50:1.00.

Appears in 1 contract

Samples: Credit Agreement (NOODLES & Co)

Consolidated Total Lease Adjusted Leverage Ratio. Permit As of the last day of any fiscal quarter ending on or after September 24, 2023, permit the Consolidated Total Lease Adjusted Leverage Ratio as of the end of any Measurement Period to be greater than or equal 4.00 to [5.25]5.50:1.00; provided, however, that (i) commencing with the end of the second Fiscal Quarter of Fiscal Year 2017, the Consolidated Total Lease Adjusted Leverage Ratio as of the end of any Measurement Period shall not be permitted to be greater than or equal to [5.00:1.00 and]5.25:1.00, 1171.00.

Appears in 1 contract

Samples: Credit Agreement (Chuy's Holdings, Inc.)

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Consolidated Total Lease Adjusted Leverage Ratio. Permit As of the last day of any fiscal quarter, permit the Consolidated Total Lease Adjusted Leverage Ratio as of the end of any Measurement Period to be greater than or equal 3.75 to [5.25]5.50:1.00; provided, however, that (i) commencing with the end of the second Fiscal Quarter of Fiscal Year 2017, the Consolidated Total Lease Adjusted Leverage Ratio as of the end of any Measurement Period shall not be permitted to be greater than or equal to [5.00:1.00 and]5.25:1.00, 1171.00.

Appears in 1 contract

Samples: Credit Agreement (Chuy's Holdings, Inc.)

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