Leverage Ratio14 Sample Clauses

Leverage Ratio14. (a) Leverage Ratio.16 (a) Leverage Ratio. Permit the Leverage Ratio for the period of four consecutive fiscal quarters ending on the last day of any fiscal quarter ending during any period set forth below to be in excess of the ratio set forth opposite such period: Period Ratio 06/30/99 - 12/30/99 9.00 to 1.0 12/31/99 - 12/30/00 8.00 to 1.0 12/31/00 - 06/29/01 6.50 to 1.0 06/30/01 - thereafter 4.50 to 1.0 ; provided that, for purposes of determining compliance with the provisions of this subsection 14.16, (x) the EBITDA for such period of four fiscal quarters of any Person acquired by the Company during such period shall be included in the EBITDA of the Company, on a pro forma basis as if the same had occurred on the first day of such period and (y) the Included Indebtedness for such period of such Person shall be included in the Included Indebtedness of the Company, on such a pro forma basis, as if such Person had been acquired on the first day of such period.
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Leverage Ratio14. (a) Funded Debt as of the last day of such fiscal quarter $ (b) Borrower’s consolidated EBITDA15 for the four-fiscal quarter period then ended $ Leverage Ratio = (a) to (b) = _________ Maximum Leverage Ratio [3.75 to 1.00][3.50 to 1.00] [3.25 to 1.00][3.00 to 1.00]16 14 Calculated as of the last day of each fiscal quarter, commencing with the fiscal quarter ended September 30, 2011. 15 In accordance with the Credit Agreement, EBITDA shall be subject to pro forma adjustments for Acquisitions and Nonordinary Course Asset Sales assuming that such transactions had occurred on the first day of the determination period, which adjustments shall be made in accordance with the guidelines for pro forma presentations set forth by the SEC or in a manner otherwise reasonably acceptable to the Administrative Agent.
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Related to Leverage Ratio14

  • 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.

  • 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 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.

  • 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.

  • 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.