Debt Ratio. The Borrower will not permit the Debt Ratio to exceed the following respective ratios at any time during the following respective periods: From the date hereof through February 28, 2007 5.00 to 1 From 1 March 2007 through February 29, 2008 4.00 to 1 From 1 March 2008 and at all times thereafter 3.50 to 1
Appears in 2 contracts
Samples: Credit Agreement (Constellation Brands, Inc.), Credit Agreement (Constellation Brands, Inc.)
Debt Ratio. The Borrower will not permit the Debt Ratio to exceed the following respective ratios at any time during the following respective periods: Period Ratio ---------------------- ---------- From the date hereof through February 28August 31, 2007 5.00 2000 4.75 to 1 From 1 March 2007 September 1, 2000 through February 29August 31, 2008 4.00 2001 4.50 to 1 From 1 March 2008 September 1, 2001 and at all times thereafter 3.50 4.00 to 1
Appears in 1 contract
Debt Ratio. The Borrower will not permit the Debt Ratio to exceed the following respective ratios at any time during the following respective periods: Period Ratio -------------------- ----------- From the date hereof through February 28August 31, 2007 5.00 2000 4.75 to 1 From 1 March 2007 September 1, 2000 through February 29August 31, 2008 4.00 2001 4.50 to 1 From 1 March 2008 September 1, 2001 and at all times thereafter 3.50 4.00 to 1
Appears in 1 contract
Samples: Credit Agreement (Canandaigua LTD)
Debt Ratio. The Borrower will not permit the Debt Ratio to exceed the following respective ratios at any time during the following respective periods: Period Ratio --------------- --------- From the date hereof through February 2829, 2007 5.00 2000 4.50 to 1 From 1 March 2007 1, 2000 through February 2928, 2008 4.00 2001 4.25 to 1 From 1 March 2008 1, 2001 and at all times thereafter 3.50 3.75 to 1
Appears in 1 contract
Samples: Credit Agreement (Canandaigua LTD)
Debt Ratio. The Borrower will not permit the Debt Ratio to exceed the following respective ratios at any time during the following respective periods: From the date hereof through February 28November 30, 2007 5.00 2005 4.75 to 1 From 1 March 2007 December 1, 2005 through February 29November 30, 2008 2006 4.00 to 1 From 1 March 2008 December 1, 2006 and at all times thereafter 3.50 to 1
Appears in 1 contract