Effective Leverage Ratio Sample Clauses

Effective Leverage Ratio. As the last day of each Fiscal Quarter for the Measurement Period set forth in the table below, Borrower and the Subsidiary Guarantors must have an Effective Leverage Ratio of not more than the maximum ratio set forth in the table below opposite such Measurement Period: Fiscal Quarter 4, 2013 through the last day of Fiscal Quarter 4, 2014 5.75 to 1.00 Fiscal Quarter 1, 2015 and the last day of each Fiscal Quarter thereafter 5.50 to 1.00”
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Effective Leverage Ratio. As the last day of each Fiscal Quarter for the Measurement Period set forth in the table below, Borrower and the Subsidiary Guarantors must have an Effective Leverage Ratio of not more than the maximum ratio set forth in the table below opposite such Measurement Period: Fiscal Quarter 4, 2011 5.50 to 1.00 Fiscal Quarter 1, 2012 5.50 to 1.00 Fiscal Quarter 2, 2012 5.50 to 1.00 Fiscal Quarter 3, 2012 5.50 to 1.00 Fiscal Quarter 4, 2012 5.50 to 1.00 Fiscal Quarter 1, 2013 5.25 to 1.00 Fiscal Quarter 2, 2013 5.25 to 1.00 Fiscal Quarter 3, 2013 5.25 to 1.00 Fiscal Quarter 4, 2013 5.25 to 1.00 Fiscal Quarter 1, 2014 and the last day of each Fiscal Quarter thereafter 5.00 to 1.00
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Effective Leverage Ratio. The Credit Parties shall not permit the Effective Leverage Ratio calculated for the date set forth below to be greater than the maximum ratio set forth in the table below opposite such date: ending thereafter
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Effective Leverage Ratio. The Credit Parties shall not permit the Effective Leverage Ratio calculated for the date set forth below to be greater than the maximum ratio set forth in the table below opposite such date: “Effective Leverage Ratio” shall be calculated in the manner set forth in Exhibit 4.2(b). (pp) Section 7.1(k) of the Credit Agreement is hereby amended and restated to read in its entirety as follows:
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Effective Leverage Ratio. The following definition is hereby added to Section 1.1 of the Credit Agreement:
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Effective Leverage Ratio. Borrower shall not permit, as of the last day of any fiscal quarter, the Effective Leverage Ratio to be greater than 1.25 to 1.0.
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Related to Effective Leverage Ratio

  • Maximum Leverage Ratio The Borrower will not permit the Leverage Ratio as of the end of any fiscal quarter to be greater than 0.55 to 1.00.

  • Leverage Ratio The Borrower will not permit the Leverage Ratio to exceed 4.50 to 1.0 on the last day of any Fiscal Quarter.

  • Cash Flow Leverage Ratio The Borrower will not permit the Cash Flow Leverage Ratio on the last day of any fiscal quarter to exceed 3.50 to 1.00.

  • Total Leverage Ratio The Borrowers will not permit the Total Leverage Ratio on the last day of any fiscal quarter to exceed 3.75 to 1.00.

  • Maximum Senior Leverage Ratio Permit the Senior Leverage Ratio on the last day of any fiscal quarter during any period set forth below to be greater than the ratio set forth opposite such date or period below: Period Ratio ------ ----- September 30, 2001 2.50:1.0 December 31, 2001 2.00:1.0 March 31, 2002 through June 30, 2002 2.50:1.0 September 30, 2002 2.00:1.0 December 31, 2002 1.50:1.0 March 31, 2003 through June 30, 2003 2.00:1.0 September 30, 2003 1.50:1.0 December 31, 2003 and thereafter 1.25:1.0

  • Leverage Ratios Notwithstanding anything to the contrary contained herein, for purposes of calculating any leverage ratio herein in connection with the incurrence of any Indebtedness, (a) there shall be no netting of the cash proceeds proposed to be received in connection with the incurrence of such Indebtedness and (b) to the extent the Indebtedness to be incurred is revolving Indebtedness, such incurred revolving Indebtedness (or if applicable, the portion (and only such portion) of the increased commitments thereunder) shall be treated as fully drawn.

  • Total Net Leverage Ratio Holdings and its Restricted Subsidiaries, on a consolidated basis, shall not permit the Total Net Leverage Ratio on the last day of any Test Period to exceed the ratio set forth below opposite the last day of such Test Period:

  • Maximum Total Leverage Ratio The Borrower shall maintain, on the last day of each fiscal quarter set forth below, a Total Leverage Ratio of not more than the maximum ratio set forth below opposite such fiscal quarter: October 31, 2007, January 31, 2008, April 30, 2008, July 31, 2008, October 31, 2008 and January 31, 2009 4.7 to 1 April 30, 2009, July 31, 2009, October 31, 2009 and January 31, 2010 4.2 to 1 April 30, 2010 and each fiscal quarter thereafter 4.0 to 1

  • Maximum Secured Leverage Ratio As of the last day of any fiscal quarter, the Secured Leverage Ratio to exceed forty percent (40%);

  • Senior Leverage Ratio The Borrower shall not permit its Senior Leverage Ratio at any time to exceed 2.75 to 1.00.

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