Common use of Consolidated Total Leverage Ratio Clause in Contracts

Consolidated Total Leverage Ratio. Permit the Consolidated Total Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than (i) 3.75:1.0 for each of the fiscal quarters ending December 31, 2003 and Xxxxx 00, 0000, (xx) 3.50:1.0 for each of the fiscal quarters ending June 30, 2004, September 30, 2004, December 31, 2004, March 31, 2005, June 30, 2005 and September 30, 2005, and (iii) 3.25:1.0 for each fiscal quarter ending thereafter.

Appears in 2 contracts

Samples: Credit Agreement (Navigant International Inc), Credit Agreement (Navigant International Inc)

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Consolidated Total Leverage Ratio. Permit As of the end of each fiscal quarter of the members of the Consolidated Group, the Consolidated Total Leverage Ratio as of the end of any fiscal quarter of the Borrower to shall not be greater than (i) 3.75:1.0 for each of the fiscal quarters ending ratio set forth below: Fiscal Quarter End Ratio ------------------ ----- December 31, 2003 and Xxxxx 002000 5.75:1.0 March 31, 0000, (xx) 3.50:1.0 for each of the fiscal quarters ending 2001 5.90:1.0 June 30, 2004, 2001 5.90:1.0 September 30, 2004, 2001 5.10:1.0 December 31, 2004, 2001 4.50:1.0 March 31, 2005, 2002 4.25:1.0 June 30, 2005 and 2002 4.25:1.0 September 30, 20052002 4.25:1.0 December 31, 2002 and (iii) 3.25:1.0 for each fiscal quarter ending thereafter.thereafter 4.00:1.0

Appears in 2 contracts

Samples: Railworks Corp, Railworks Corp

Consolidated Total Leverage Ratio. Permit As of the end of each fiscal quarter, the Consolidated Total Leverage Ratio as of the end of any fiscal quarter of the Borrower to shall be not greater than (i) 3.75:1.0 for each of the ratio set forth below opposite such fiscal quarters ending quarter: Fiscal Quarter Ending Maximum Consolidated Total Leverage Ratio June 30, 2006 5.25:1.0 September 30, 2006 5.00:1.0 December 31, 2003 and Xxxxx 002006 4.75:1.0 March 31, 0000, (xx) 3.50:1.0 for each of the fiscal quarters ending 2007 4.50:1.0 June 30, 2004, 2007 4.25:1.0 September 30, 2004, 2007 3.75:1.0 December 31, 2004, March 31, 2005, June 30, 2005 2007 and September 30, 2005, and (iii) 3.25:1.0 for each fiscal quarter ending thereafter.thereafter 3.50:1.0

Appears in 1 contract

Samples: Millipore Corp /Ma

Consolidated Total Leverage Ratio. Permit the Consolidated Total Leverage Ratio as of the end of any fiscal quarter of set forth in the Borrower table below to be greater than (i) 3.75:1.0 for each of the ratio opposite such fiscal quarters ending quarter end: Fiscal Quarter End Maximum Consolidated Total Leverage Ratio December 31, 2003 and Xxxxx 002006 4.75:1.0 March 31, 0000, (xx) 3.50:1.0 for each of the fiscal quarters ending 2007 4.75:1.0 June 30, 2004, 2007 4.50:1.0 September 30, 2004, 2007 4.00:1.0 December 31, 2004, 2007 3.50:1.0 March 31, 2005, 2008 3.25:1.0 June 30, 2005 and 2008 3.25:1.0 September 30, 20052008 3.25:1.0 December 31, 2008 and (iii) 3.25:1.0 for each fiscal quarter ending thereafter.end thereafter 2.75:1.0

Appears in 1 contract

Samples: Credit Agreement (INFONXX, Inc.)

Consolidated Total Leverage Ratio. Permit the Consolidated Total Leverage Ratio as of the end of any fiscal quarter of the Borrower set forth below to be greater than (i) 3.75:1.0 for each of the ratio set forth opposite such fiscal quarters ending quarter: Maximum Consolidated Fiscal Quarter End Total Leverage Ratio September 30, 2003 3.35:1.0 December 31, 2003 and Xxxxx 003.35:1.0 69 Maximum Consolidated Fiscal Quarter End Total Leverage Ratio March 31, 0000, (xx) 3.50:1.0 for each of the fiscal quarters ending 2004 3.25:1.0 June 30, 2004, 2004 3.25:1.0 September 30, 2004, December 31, 2004, March 31, 2005, June 30, 2005 and September 30, 2005, and (iii) 3.25:1.0 for each fiscal quarter ending thereafter.2004 3.25:1.0

Appears in 1 contract

Samples: Credit Agreement (Orbital Sciences Corp /De/)

Consolidated Total Leverage Ratio. Permit As of the last day of each Fiscal Quarter set forth below, the Consolidated Total Leverage Ratio as of shall not exceed the end of any fiscal quarter of the Borrower ratios set forth below: Fiscal Quarter Ending Ratio March 31, 2008, and June 30, 2008 5.00 to be greater than (i) 3.75:1.0 for each of the fiscal quarters ending 1.00 September 30, 2008, and December 31, 2003 and Xxxxx 002008 4.75 to 1.00 March 31, 0000, (xx) 3.50:1.0 for each of the fiscal quarters ending 2009 4.50 to 1.00 June 30, 20042009 4.25 to 1.00 September 30, 2009 4.00 to 1.00 December 31, 2009 3.75 to 1.00 March 31, 2010, June 30, 2010, September 30, 20042010, and December 31, 2004, 2010 3.50 to 1.00 March 31, 2005, June 30, 2005 2011 and September 30, 2005, and (iii) 3.25:1.0 for each fiscal quarter ending thereafter.thereafter 3.00 to 1.00

Appears in 1 contract

Samples: Credit Agreement (Switch & Data Facilities Company, Inc.)

Consolidated Total Leverage Ratio. Permit the Consolidated Total Leverage Ratio as of the end of any fiscal quarter of the Borrower set forth below to be greater than (i) 3.75:1.0 for each of the ratio corresponding to such fiscal quarters ending quarter: Maximum Consolidated Fiscal Quarter End Total Leverage Ratio March 31, 2011 4.50:1.0 June 30, 2011 4.50:1.0 September 30, 2011 4.50:1.0 December 31, 2003 and Xxxxx 00, 0000, (xx) 3.50:1.0 for each of the fiscal quarters ending June 30, 2004, September 30, 2004, December 31, 2004, 2011 4.50:1.0 March 31, 2005, June 30, 2005 2012 and September 30, 2005, and (iii) 3.25:1.0 for each fiscal quarter ending thereafter.thereafter 4.25:1.0

Appears in 1 contract

Samples: Credit Agreement (Keyw Holding Corp)

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Consolidated Total Leverage Ratio. Permit As of the end of each fiscal quarter of the members of the Consolidated Group, the Consolidated Total Leverage Ratio as of the end of any fiscal quarter of the Borrower to shall not be greater than (i) 3.75:1.0 for each of the fiscal quarters ending ratio set forth below: Fiscal Quarter End Ratio ------------------ ----- December 31, 2003 and Xxxxx 002000 5.75:1.0 March 31, 0000, (xx) 3.50:1.0 for each of the fiscal quarters ending 2001 5.75:1.0 June 30, 2004, 2001 5.75:1.0 September 30, 2004, 2001 5.10:1.0 December 31, 2004, 2001 4.50:1.0 March 31, 2005, 2002 4.25:1.0 June 30, 2005 and 2002 4.25:1.0 September 30, 20052002 4.25:1.0 December 31, 2002 and (iii) 3.25:1.0 for each fiscal quarter ending thereafter.thereafter 4.00:1.0

Appears in 1 contract

Samples: First Amendment (Railworks Corp)

Consolidated Total Leverage Ratio. Permit the Consolidated Total Leverage Ratio as of the end of any fiscal quarter of the Borrower set forth below to be greater than (i) 3.75:1.0 for each the ratio set forth below opposite such fiscal quarter: As of the fiscal quarters ending Fiscal Quarter Ending Maximum Consolidated Total Leverage Ratio September 25, 2005 4.30:1.0 December 25, 2005 4.30:1.0 March 26, 2006 4.00:1.0 June 25, 2006 3.80:1.0 September 24, 2006 3.70:1.0 December 31, 2003 2006 and Xxxxx 00, 0000, (xx) 3.50:1.0 for each of the fiscal quarters ending June 30, 2004, September 30, 2004, December 31, 2004, March 31, 2005, June 30, 2005 and September 30, 2005, and (iii) 3.25:1.0 for each fiscal quarter ending thereafter.thereafter 3.25:1.0

Appears in 1 contract

Samples: Credit Agreement (Navigant International Inc)

Consolidated Total Leverage Ratio. Permit As of the end of each fiscal --------------------------------- quarter set forth below, the Consolidated Total Leverage Ratio as of the end of any fiscal quarter of the Borrower to shall be not greater than (i) 3.75:1.0 for each of the fiscal quarters ending than: Fiscal Quarter Ending --------------------- June 30, 1999 4.95:1.0 September 30, 1999 4.95:1.0 December 31, 2003 and Xxxxx 001999 4.50:1.0 March 31, 0000, (xx) 3.50:1.0 for each of the fiscal quarters ending 2000 4.25:1.0 June 30, 2004, 2000 4.00:1.0 September 30, 2004, 2000 4.00:1.0 December 31, 2004, 2000 4.00:1.0 March 31, 2005, June 30, 2005 2001 and September 30, 2005, and (iii) 3.25:1.0 for each fiscal quarter ending thereafter.thereafter 3.50:1.0

Appears in 1 contract

Samples: Credit Agreement (Triad Hospitals Inc)

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