Common use of Debt Ratio Clause in Contracts

Debt Ratio. Loan Parties’ Debt Ratio shall not exceed the amount listed below for the time period provided below, measured as of the last day of the applicable time period: Fiscal Quarter Ending 1/31/2018and4/30/2018 7/31/2018and10/31/2018 1/31/2019and4/30/2019 7/31/0000xxx00/31/2019 1/31/2020through the Term Loan Maturity Date Debt Ratio 1.0 0.95 0.90 0.85 0.80 Evidence of compliance with this Subsection 5.11(a) reasonably acceptable to Collateral Agent shall be provided along with the Compliance Certificate delivered pursuant to Section 5.2(d) for the applicable period. Second Amendment to LSA - Domo, Inc.

Appears in 2 contracts

Samples: Loan and Security Agreement and Pledge Agreement (Domo, Inc.), Loan and Security Agreement and Pledge Agreement (Domo, Inc.)

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Debt Ratio. Loan Parties’ Debt Ratio shall not exceed the amount listed below for the time period provided below, measured as of the last day of the applicable time period: Fiscal Quarter Ending 1/31/2018and4/30/2018 7/31/2018and10/31/2018 1/31/2019and4/30/2019 7/31/0000xxx00/31/2019 1/31/2020through the Term Loan Maturity Date Debt Ratio 1.0 0.95 0.90 0.85 0.80 0.75 0.70 0.65 0.60 Evidence of compliance with this Subsection 5.11(a) reasonably acceptable to Collateral Agent shall be provided along with the Compliance Certificate delivered pursuant to Section 5.2(d) for the applicable period. Second Amendment to LSA - Domo, Inc..

Appears in 2 contracts

Samples: Loan and Security Agreement (Domo, Inc.), Loan and Security Agreement (Domo, Inc.)

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