Consolidated Total Leverage Ratio. Permit the Consolidated Total Leverage Ratio as of the end of any fiscal quarter of Holdings to be greater than 2.50 to 1.00.
Consolidated Total Leverage Ratio. As of the end of each fiscal quarter of the Parent Borrower, the Consolidated Total Leverage Ratio will be not greater than: Closing Date through June 30, 2009 4.5:1.0 July 1, 2009 and thereafter 4.25:1.0
Consolidated Total Leverage Ratio. Permit the Consolidated Total Leverage Ratio as of the last day of any fiscal quarter ending on or after September 30, 2008 to be greater than 3.5 to 1.0.
Consolidated Total Leverage Ratio. As of the end of each fiscal quarter of the Parent, the Consolidated Total Leverage Ratio shall not be greater than 3.50:1.0.
Consolidated Total Leverage Ratio. The Credit Parties will not permit the Consolidated Total Leverage Ratio at any time during any period below to exceed the ratio set opposite such period below: From the Effective Date through September 30, 2004 5.75 to 1.00 From October 1, 2004 through September 30, 2005 5.50 to 1.00 From October 1, 2005 through September 30, 2006 5.35 to 1.00 From October 1, 2006 through September 30, 2007 5.00 to 1.00 From October 1, 2007 and at all times thereafter 4.75 to 1.00
Consolidated Total Leverage Ratio. The Borrower will not permit the Consolidated Total Leverage Ratio as of the end of any Measurement Period of the Borrower to be greater than 2.50 to 1.00.
Consolidated Total Leverage Ratio. Permit the Consolidated Total Leverage Ratio as at the last day of any fiscal quarter which day shall occur during the following periods to exceed the following respective ratios: Consolidated Total Period Leverage Ratio October 1, 2001 to December 31, 2001 6.75 to 1.00 January 1, 2002 to June 30, 2002 8.50 to 1.00 July 1, 2002 to September 30, 2002 7.00 to 1.00 October 1, 2002 to December 31, 2002 6.00 to 1.00 January 1, 2003 and thereafter 5.00 to 1.00
Consolidated Total Leverage Ratio. Permit the Consolidated Total 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: June 30, 2020 5.50 to 1.00Not applicable September 30, 2020 Not applicable unless the Suspension Period has been terminated pursuant to clause (b)(i) of the definition thereof, in which case 5.50 to 1.00 December 31, 2020 Not applicable unless the Suspension Period has been terminated pursuant to clause (b)(i) or (b)(ii) of the definition thereof, in which case 5.25 to 1.00 March 31, 2021 Not applicable unless the Suspension Period has been terminated pursuant to clause (b)(i), (b)(ii) or (b)(iii) of the definition thereof, in which case 5.25 to 1.00 ; provided that if the Parent Borrower issues at least $75 million of Capital Stock after the Filtration Acquisition Signing Date but on or prior to the Filtration Acquisition Closing Date, each ratio set forth in the above table shall be reduced by 0.50 to 1.00; provided, further, that, in the event that the Filtration Acquisition is not consummated on or prior to March 20, 2019, then the maximum Consolidated Total Leverage Ratio shall be 5.00 to 1.00 with a stepdown to 4.75 to 1.00 commencing on December 31, 2020. 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 Total 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 (as amended by the first proviso in the immediately preceding sentence) or the second 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 Total Leverage Ratio that would apply as a result of any such step-up shall be no more than 5.50 to 1.00, (y) such...
Consolidated Total Leverage Ratio. The Borrower shall maintain, as determined as of the last day of each Fiscal Quarter, a Consolidated Total Leverage Ratio of not more than 4.25 to 1.00.
Consolidated Total Leverage Ratio. Permit the Consolidated Total Leverage Ratio as at the last day of any fiscal quarter of the Company ending during any fiscal year set forth below, commencing with the fiscal quarter ending November 30, 1998, to exceed the ratio set forth below opposite such fiscal year: Consolidated Total Fiscal Year Leverage Ratio ----------- -------------- 1999 4.50:1.00 2000 3.75:1.00 2001 3.25:1.00 2002 2.75:1.00 2003 2.50:1.00 2004 and thereafter 2.00:1.00
