Common use of Maximum Consolidated Leverage Ratio Clause in Contracts

Maximum Consolidated Leverage Ratio. Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter set forth below and for the period of four fiscal quarters then ending of Holdings and its Subsidiaries to be greater than the ratio set forth below opposite such time period: 30 June 2010 5.00:1.00 30 September 2010 3.75:1.00 31 December 2010 3.00:1.00 31 March 2011 3.004.00:1.00 30 June 2011 2.754.00:1.00

Appears in 1 contract

Samples: Amending and Restating Agreement (TBS International PLC)

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Maximum Consolidated Leverage Ratio. Permit the Consolidated Leverage Ratio as of the end last day of any fiscal quarter set forth below and for the period of four fiscal quarters then ending of Holdings and its Subsidiaries to be greater than the ratio set forth below opposite such time period: 30 June 2010 5.00:1.00 30 fiscal quarter (or opposite the period that includes such fiscal quarter): Period Maximum Consolidated Leverage Ratio Fiscal quarter ending September 2010 3.75:1.00 31 30, 2013 5.50 to 1.00 Fiscal quarter ending December 2010 3.00:1.00 31 March 2011 3.004.00:1.00 30 June 2011 2.754.00:1.0031, 2013 through the fiscal quarter ending September 30, 2014 5.25 to 1.00 Fiscal quarter ending December 31, 2014 through the fiscal quarter ending September 30, 2015 5.00 to 1.00 Each fiscal quarter thereafter 4.75 to 1.00

Appears in 1 contract

Samples: Credit Agreement (Jamba, Inc.)

Maximum Consolidated Leverage Ratio. Permit the Consolidated Leverage Ratio as at any time during any period of four fiscal quarters of the end Parent ending on the last day of any each fiscal quarter set forth below and for the period of four fiscal quarters then ending of Holdings and its Subsidiaries to be greater than the ratio set forth below opposite such time period: 30 June 2010 5.00:1.00 30 September 2010 3.75:1.00 31 December 2010 3.00:1.00 31 March 2011 3.004.00:1.00 30 June 2011 2.754.00:1.002.00 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (Spark Networks Inc)

Maximum Consolidated Leverage Ratio. Permit the Consolidated Leverage Ratio as at any time during any period of four fiscal quarters of the end Parent ending on the last day of any each fiscal quarter set forth below and for the period of four fiscal quarters then ending of Holdings and its Subsidiaries to be greater than the ratio set forth below opposite such time periodfiscal quarter: 30 Closing Date through March 31, 2010 2.00 to 1.00 June 30, 2010 5.00:1.00 30 September 2010 3.75:1.00 31 December 2010 3.00:1.00 31 March 2011 3.004.00:1.00 30 June 2011 2.754.00:1.00and each fiscal quarter thereafter 1.50 to 1.00

Appears in 1 contract

Samples: Credit Agreement (Spark Networks Inc)

Maximum Consolidated Leverage Ratio. Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter set forth below and for the four consecutive fiscal quarter period of four fiscal quarters then ending of Holdings Parent Guarantor and its Subsidiaries to be greater than the ratio set forth below opposite such time period: 30 December 31, 2010 - December 31, 2011 4.00 to 1.00 March 31, 2012 – December 31, 2012 3.65 to 1.00 March 31, 2013 – June 2010 5.00:1.00 30 30, 2013 3.20 to 1.00 September 2010 3.75:1.00 31 30, 2013 - December 2010 3.00:1.00 31 31, 2013 2.75 to 1.00 March 2011 3.004.00:1.00 30 June 2011 2.754.00:1.0031, 2014 and thereafter 2.50 to 1.00

Appears in 1 contract

Samples: Loan Agreement (TBS International PLC)

Maximum Consolidated Leverage Ratio. Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter set forth below and for the period of four fiscal quarters quarter period then ending of Holdings and its Subsidiaries to be greater than the ratio set forth below opposite such time period: 30 June 30, 2010 5.00:1.00 30 5.00 to 1.00 September 30, 2010 3.75:1.00 31 3.75 to 1.00 December 31, 2010 3.00:1.00 31 3.00 to 1.00 March 31, 2011 3.004.00:1.00 30 3.00 to 1.00 June 30, 2011 2.754.00:1.002.75 to 1.00 September 30, 2011 and thereafter 2.50 to 1.00

Appears in 1 contract

Samples: Credit Agreement (TBS International PLC)

Maximum Consolidated Leverage Ratio. Permit PermitExcept for any fiscal quarter of the Borrower ending during the period commencing on March 31, 2020 through the last day of the Suspension Period, permit the Consolidated Leverage Ratio Ratio, determined as of the end last day of any fiscal quarter set forth below and for the period of four fiscal quarters then ending of Holdings and its Subsidiaries the Borrower specified below, to be greater than exceed the ratio set forth below opposite such time fiscal quarter period: 30 June 2010 5.00:1.00 30 September 2010 3.75:1.00 31 December 2010 3.00:1.00 31 March 2011 3.004.00:1.00 30 June 2011 2.754.00:1.00:

Appears in 1 contract

Samples: Credit Agreement (Extreme Networks Inc)

Maximum Consolidated Leverage Ratio. Permit the Consolidated Leverage Ratio as at the last day of any period of four consecutive fiscal quarters of the end of any fiscal quarter set forth below and for Guarantor (beginning with the period of four consecutive fiscal quarters then of the Guarantor ending of Holdings and its Subsidiaries on June 30, 2011) to be greater than the ratio set forth below opposite such time period: 30 June 2010 5.00:1.00 30 September 2010 3.75:1.00 31 December 2010 3.00:1.00 31 March 2011 3.004.00:1.00 30 June 2011 2.754.00:1.00exceed 2.25 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Knight Capital Group, Inc.)

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Maximum Consolidated Leverage Ratio. Permit the Consolidated Leverage Ratio as of the end last day of any fiscal quarter set forth below and for the period of four consecutive fiscal quarters then ending of Holdings and its Subsidiaries the Borrower to be greater than 1.0:1.0. Each of the ratio set forth below opposite such time determinations in Section 8.13(a)(i), (ii), (iii) and (iv) above will be calculated on a consolidated basis for each quarter or consecutive four fiscal quarter period: 30 June 2010 5.00:1.00 30 September 2010 3.75:1.00 31 December 2010 3.00:1.00 31 March 2011 3.004.00:1.00 30 June 2011 2.754.00:1.00, as applicable, beginning at the end of the first fiscal quarter following the Closing Date.

Appears in 1 contract

Samples: Term Loan and Guarantee Agreement (Evercore Partners Inc.)

Maximum Consolidated Leverage Ratio. Permit Parent shall not have, on the last day of each Fiscal Quarter set forth below, a Consolidated Leverage Ratio as of the end of any fiscal quarter set forth below and for the period of four fiscal quarters then ending of Holdings and its Subsidiaries to be greater than the maximum ratio set forth below opposite such time periodFiscal Quarter: 30 June 2010 5.00:1.00 30 30, 2008 2.50 to 1.00 September 2010 3.75:1.00 31 30, 2008 2.25 to 1.00 December 2010 3.00:1.00 31 31, 2008 2.25 to 1.00 March 2011 3.004.00:1.00 30 31, 2009 2.00 to 1.00 June 2011 2.754.00:1.0030, 2009 2.00 to 1.00 September 30, 2009 1.75 to 1.00 December 31, 2009 and each Fiscal Quarter ending thereafter 1.75 to 1.00

Appears in 1 contract

Samples: Credit Agreement (SXC Health Solutions Corp.)

Maximum Consolidated Leverage Ratio. Permit the Consolidated Leverage Ratio as of the end last day of any fiscal quarter set forth below and for the period of four fiscal quarters then ending of Holdings and its Subsidiaries to be greater than the ratio set forth below opposite such time period: 30 June 2010 5.00:1.00 30 fiscal quarter (or opposite the period that includes such fiscal quarter): Fiscal quarter ending September 2010 3.75:1.00 31 30, 2013 through the fiscal quarter ending September 30, 2014 5.50 to 1.00 Fiscal quarter ending December 2010 3.00:1.00 31 March 2011 3.004.00:1.00 30 June 2011 2.754.00:1.0031, 2014 through the fiscal quarter ending September 30, 2015 5.25 to 1.00 Each fiscal quarter thereafter 5.00 to 1.00

Appears in 1 contract

Samples: Credit Agreement (Jamba, Inc.)

Maximum Consolidated Leverage Ratio. Permit the Consolidated Leverage Ratio as of the end of at any fiscal quarter time during any period set forth below and for the period of four fiscal quarters then ending of Holdings and its Subsidiaries to be greater than the ratio set forth below opposite such time period: 30 Closing Date through March 2023 4.75:1.00 April 2023 through June 2010 5.00:1.00 30 September 2010 3.75:1.00 31 December 2010 3.00:1.00 31 March 2011 3.004.00:1.00 30 June 2011 2.754.00:1.002023 4.60:1.00 July 2023 and each fiscal quarter thereafter 4.25:1.00

Appears in 1 contract

Samples: Credit Agreement (Procaps Group, S.A.)

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