Leverage Ratio; Interest Leverage Ratio Sample Clauses

Leverage Ratio; Interest Leverage Ratio. (a) Leverage Ratio. Permit the Leverage Ratio of the Borrowers and their subsidiaries on a Consolidated basis at the end of any fiscal quarter to be greater than the respective amounts set forth below opposite such dates: Quarter Ending Ratio -------------- ----- September 30, 1998, 3.75:1.00 December 31, 1998, March 31, 1999, June 30, 1999, September 30, 1999, December 31, 1999, March 31, 2000, June 30, 2000, September 30, 2000, December 31, 2000, March 31, 2001, June 30, 2001 and September 30, 2001 December 31, 2001 and 3.50:1.00 March 31, 2002 June 30, 2002 and 3.00:1.00 September 30, 2002 December 31, 2002 and 2.50:1.00 March 31, 2003 Each June 30, September
Sample 1
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Leverage Ratio; Interest Leverage Ratio. (a) LEVERAGE RATIO. Permit the Leverage Ratio of Holdings and its subsidiaries on a Consolidated basis at the end of any fiscal quarter to be greater than the respective amounts set forth below opposite such dates: Quarter Ending Ratio -------------- ----- March 31, 1999, June 3.75:1.00 30, 1999, September 30, 1999, December 31, 1999, March 31, 2000, June 30, 2000, September 30, 2000, December 31, 2000, March 31, 2001, June 30, 2001 and September 30, 2001 December 31, 2001 3.50:1.00 and March 31, 2002 June 30, 2002 and 3.00:1.00 September 30, 2002 December 31, 2002 2.50:1.00 and March 31, 2003 Each June 30, 2.00:1.00; September 30, December 31 and March 31 thereafter PROVIDED, HOWEVER, that if Holdings completes an equity offering prior to the Conversion Date, each of the following ratios shall be reduced by 0.25 commencing with the last day of the fiscal quarter in which such equity offering was completed.
Sample 1

Related to Leverage Ratio; Interest Leverage Ratio

  • Net Leverage Ratio Subject to the proviso set forth in Section 10.3, the Company will not permit the Consolidated Net Leverage Ratio at any time during any period of four consecutive fiscal quarters of the Company to be greater than (a) 3.50 to 1.00 or (b) during an Acquisition Holiday Period, 4.00 to 1.00.

  • 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 Company will not permit the Leverage Ratio as of the last day of any fiscal quarter ending during any period set forth below to exceed the ratio set forth opposite such period: Period Ratio October 1, 2002 through and including December 31, 2002 6.85 to 1.00 January 1, 2003 through and including March 31, 2003 7.50 to 1.00 April 1, 2003 through and including September 30, 2003 7.75 to 1.00 October 1, 2003 through and including December 31, 2003 7.25 to 1.00 January 1, 2004 through and including December 31, 2004 6.50 to 1.00 January 1, 2005 and thereafter 4.00 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.

  • Maximum Leverage Ratio As of the last day of each fiscal quarter, the Borrower shall not permit the ratio (the "Leverage Ratio") of (i) Consolidated Funded Indebtedness to (ii) EBITDA of the Borrower and its Subsidiaries, as at the end of and for the period of four consecutive fiscal quarters ending on such day, to be greater than (i) 2.00 to 1.00.

  • Total Net Leverage Ratio The Borrower will not permit the Total Net Leverage Ratio as of the end of any Fiscal Quarter to exceed 3.50 to 1.00.

  • Consolidated Leverage Ratio Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 2.50 to 1.0.

  • Adjusted Leverage Ratio The Borrower shall not permit the Adjusted Leverage Ratio as at the end of any Fiscal Quarter to be greater than the following for the respective periods set forth below: Period Adjusted Leverage Ratio Closing Date to and including March 27, 2004 3.75:1.00 March 28, 2004 to and including June 26, 2004 4.75:1.00 June 27, 2004 to and including July 2, 2005 5.60:1:00 July 3, 2005 and any time thereafter 5.25:1.00

  • Consolidated Net Leverage Ratio Permit the Consolidated Net Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 4.50:1.00.

  • 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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