Maintenance of Consolidated Leverage Ratio Sample Clauses

Maintenance of Consolidated Leverage Ratio. Permit, at the last day of any fiscal quarter ending during any test period set forth below, the Consolidated Leverage Ratio to be greater than the ratio set forth opposite such test period below: Test Period Ratio July 1, 2006 — September 30, 2006 7.25 to 1.00 October 1, 2006 — December 31, 2006 5.75 to 1.00 January 1, 2007 — June 29, 2007 5.50 to 1.00 June 30, 2007 — September 29, 2007 5.00 to 1.00 September 30, 2007 — December 30, 2007 5.25 to 1.00 December 31, 2007 — June 29, 2008 4.75 to 1.00 June 30, 2008 — March 30, 2009 3.00 to 1.00 March 31, 2009 and thereafter 2.50 to 1.00
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Maintenance of Consolidated Leverage Ratio. So long as the Securities are outstanding, the Company, will not, and will not permit any of its Restricted Subsidiaries to, directly or indirectly permit the Consolidated Leverage Ratio as of the last day of any period of four consecutive fiscal quarters of the Company ending with any fiscal quarter set forth below to exceed the ratio set forth below opposite such fiscal quarter:
Sample 1
Maintenance of Consolidated Leverage Ratio. Not permit, for any period of four consecutive fiscal quarters ending on the last day of any fiscal quarter of Dal-Tile International, the Consolidated Leverage Ratio of Dal-Tile International for such period to be greater than 3.25 to 1.00.
Sample 1
Maintenance of Consolidated Leverage Ratio. Permit, at the last day of any fiscal quarter period of the Borrower, the Consolidated Leverage Ratio to be greater than the correlative ratio set forth below: Fiscal Quarter Ratio June 30, 2013 5.25:1.00 September 30, 2013 5.25:1.00 December 31, 2013 5.25:1.00 March 31, 2014 5.25:1.00 June 30, 2014 4.875:1.00 September 30, 2014 4.50:1.00 December 31, 2014 4.25:1.00 March 31, 2015 4.25:1.00 June 30, 2015 4.00:1.00 September 30, 2015 3.75:1.00 December 31, 2015 3.50:1.00 March 31, 2016 3.50:1.00 June 30, 2016 3.25:1.00 September 30, 2016 3.25:1.00 December 31, 2016 3.00:1.00 March 31, 2017 3.00:1.00 June 30, 2017 and thereafter 2.75:1.00
Sample 1

Related to Maintenance of Consolidated Leverage Ratio

  • Maximum Consolidated Leverage Ratio As of the last day of each Fiscal Quarter of the Borrower (commencing with the Fiscal Quarter ending March 31, 2018), the Borrower shall not permit the Consolidated Leverage Ratio to be greater than 0.60 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.

  • Maximum Consolidated Total Leverage Ratio The Borrower will cause the Consolidated Total Leverage Ratio to be less than (a) 4.00 to 1.00 at all times during the period from the Effective Date to and including December 30, 2009, (b) 3.75 to 1.00 at all times during the period from December 31, 2009 to and including December 30, 2010 and (c) less than 3.50 to 1.00 at all times thereafter.

  • Maintenance of Effective Leverage Ratio For so long as the Fund fails to provide the information required under Sections 6.1(o) and 6.1(p), Xxxxx Fargo shall calculate, for purposes of Section 2.5(b)(ii)(A)(y) of the Statement, the Effective Leverage Ratio using the most recently received information required to be delivered pursuant to Sections 6.1(o) and 6.1(p) and the market values of securities determined by the third-party pricing service which provided the market values to the Fund on the most recent date that information was properly provided by the Fund pursuant to the requirements of Section 6.1(o) and 6.1(p). The Effective Leverage Ratio as calculated by Xxxxx Fargo in such instances shall be binding on the Fund. If required, the Fund shall restore the Effective Leverage Ratio as provided in the Statement. For purposes of calculating the Effective Leverage Ratio, any Overconcentration Amount shall be subtracted from the sum determined pursuant to sub-section (ii) of the definition of Effective Leverage Ratio, set out in Section 2.4(d) of the Statement. In connection with calculating the Effective Leverage Ratio, the Fund’s total assets and accrued liabilities shall reflect the positive or negative net obligations of the Fund under each Derivative Contract determined in accordance with the Fund’s valuation policies.

  • Consolidated Debt Service Coverage Ratio Permit the Consolidated Debt Service Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 1.25:1.00.

  • Minimum Consolidated Fixed Charge Coverage Ratio Borrower shall not permit the Consolidated Fixed Charge Coverage Ratio, determined as at the end of each fiscal quarter, commencing with the fiscal quarter ending June 30, 2019, to be less than 1.00 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.

  • 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.

  • 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.

  • 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

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