Common use of Consolidated Total Net Leverage Ratio Clause in Contracts

Consolidated Total Net Leverage Ratio. The Borrower will not permit the Consolidated Total Net Leverage Ratio as of the last day of any Reference Period commencing with the fiscal quarter ending June 30, 2020 to be greater than 3.50 to 1.00.

Appears in 3 contracts

Samples: Credit Agreement (Clear Secure, Inc.), Credit Agreement (Clear Secure, Inc.), Credit Agreement (Clear Secure, Inc.)

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Consolidated Total Net Leverage Ratio. The Borrower As of the last day of any fiscal quarter, the Transaction Parties will not permit the Consolidated Total Net Leverage Ratio as of the last day of any Reference Period commencing with the fiscal quarter ending June 30, 2020 to be greater than 3.50 to 1.00.

Appears in 1 contract

Samples: Note Purchase Agreement (Copart Inc)

Consolidated Total Net Leverage Ratio. The Borrower Commencing with the fiscal quarter ending December 31, 2013, the Credit Parties will not permit the Consolidated Total Net Leverage Ratio as of the last day of any Reference Period commencing with the most recently ended fiscal quarter ending June 30, 2020 to be greater than 3.50 to 1.004.50:1.00.

Appears in 1 contract

Samples: Credit Agreement (Epiq Systems Inc)

Consolidated Total Net Leverage Ratio. The Borrower will not permit the Consolidated Total Net Leverage Ratio as for any period of four consecutive fiscal quarters of the last day Borrower ending on any date during any Test Period, beginning at the end of any Reference Period commencing with the first full fiscal quarter ending June 30after the Closing Date, 2020 to be greater than 3.50 exceed 6.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (ZimVie Inc.)

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Consolidated Total Net Leverage Ratio. The Borrower will not permit the Consolidated Total Net Leverage Ratio permit, as of the last day of any Reference Period fiscal quarter, commencing with the fiscal quarter ending June 30March 31, 2020 2025, the Consolidated Total Net Leverage Ratio to be greater than 3.50 exceed 2.50 to 1.00.

Appears in 1 contract

Samples: Senior Secured Term Loan Credit Agreement (Berry Corp (Bry))

Consolidated Total Net Leverage Ratio. The Borrower As of the last day of any fiscal quarter, the Transaction Parties will not permit the Consolidated Total Net Leverage Ratio as of the last day of any Reference Period commencing with the fiscal quarter ending June 30, 2020 to be greater than 3.50 3.75 to 1.00.

Appears in 1 contract

Samples: Note Purchase Agreement (Copart Inc)

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