Common use of Maximum Consolidated Leverage Ratio Clause in Contracts

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.

Appears in 3 contracts

Samples: Credit Agreement (American Finance Trust, Inc), Credit Agreement (American Finance Trust, Inc), Credit Agreement (American Finance Trust, Inc)

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Maximum Consolidated Leverage Ratio. As The Borrower shall not permit the ratio of Consolidated Total Indebtedness to Consolidated Capitalization as of the last day of each Fiscal Quarter any 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 0.65 to 1.00.

Appears in 2 contracts

Samples: Credit Agreement (Marathon Oil Corp), Assignment and Assumption (Marathon Oil Corp)

Maximum Consolidated Leverage Ratio. As of the last day of each Fiscal Quarter of the Borrower (i) commencing with the Fiscal Quarter ending March December 31, 2018)2016 and ending with the Fiscal Quarter ending September 30, 2019, the Borrower shall not permit the Consolidated Leverage Ratio to be greater than 0.65 to 1.00 and (ii) for each Fiscal Quarter ending thereafter, the Borrower shall not permit the Consolidated Leverage Ratio to be greater than 0.60 to 1.00.;

Appears in 2 contracts

Samples: Credit Agreement (Global Medical REIT Inc.), Credit Agreement (Global Medical REIT Inc.)

Maximum Consolidated Leverage Ratio. As of the last day of each Fiscal Quarter of the Borrower (i) commencing with the Fiscal Quarter ending March 31September 30, 2018)2018 and ending with the Fiscal Quarter ending on September 30, 2019, the Borrower shall not permit the Consolidated Leverage Ratio to be greater than 0.65 to 1.00, and (ii) each Fiscal Quarter ending thereafter, the Borrower shall not permit the Consolidated Leverage Ratio to be greater than 0.60 to 1.00.

Appears in 2 contracts

Samples: Credit Agreement (Global Medical REIT Inc.), Credit Agreement (Global Medical REIT Inc.)

Maximum Consolidated Leverage Ratio. As The Borrower will not cause or permit its Consolidated Leverage Ratio as of the last day of each any 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 exceed 3.50 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Meredith Corp)

Maximum Consolidated Leverage Ratio. As The Borrower will not cause or permit its Consolidated Leverage Ratio as of the last day of each any 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 exceed 3.50 to 1.00.. <PAGE>

Appears in 1 contract

Samples: Credit Agreement (Meredith Corp)

Maximum Consolidated Leverage Ratio. As The Borrower will have a Consolidated Leverage Ratio of not more than 3.0 to 1.0 as of the last day of each Fiscal Quarter of the Borrower (commencing with the Fiscal Quarter ending March 31September 30, 2018), the Borrower shall not permit the Consolidated Leverage Ratio to be greater than 0.60 to 1.002004.

Appears in 1 contract

Samples: Credit Agreement (Esco Technologies Inc)

Maximum Consolidated Leverage Ratio. As of the last day of each Fiscal Quarter of the The Borrower (commencing with the Fiscal Quarter ending March 31, 2018), the Borrower shall will not permit the Consolidated Leverage Ratio on the last day of any fiscal quarter of the Borrower to be greater than 0.60 to 1.004.50:1.00.

Appears in 1 contract

Samples: Credit Agreement (Starwood Hotel & Resorts Worldwide Inc)

Maximum Consolidated Leverage Ratio. As of the last day of each Fiscal Quarter of the The Borrower (commencing with the Fiscal Quarter ending March 31, 2018), the Borrower shall will not permit the Consolidated Leverage Ratio as of the last day of any fiscal quarter (commencing with the last day of the fiscal quarter ending October 31, 2006) to be greater than 0.60 exceed 3.50 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Quanex Corp)

Maximum Consolidated Leverage Ratio. As of the last day of each Fiscal Quarter of the Borrower (commencing with the Fiscal Quarter ending March 31June 30, 2018)2014, the Borrower shall not permit the Consolidated Leverage Ratio to be greater than (x) 0.65 to 1.00 for the first four Fiscal Quarters ending after the Closing Date, and (y) 0.60 to 1.001.00 for each Fiscal Quarter thereafter.

Appears in 1 contract

Samples: Credit Agreement (American Realty Capital - Retail Centers of America, Inc.)

Maximum Consolidated Leverage Ratio. As The Borrower will not permit the Consolidated Leverage Ratio, as of the last day of each Fiscal Quarter any fiscal quarter of the Borrower (commencing beginning with the Fiscal Quarter ending March 31, 2018), fiscal quarter of the Borrower shall not permit the Consolidated Leverage Ratio ending on or about September 30, 2012, to be greater than 0.60 to exceed 1.75: 1.00.

Appears in 1 contract

Samples: Credit Agreement (PMFG, Inc.)

Maximum Consolidated Leverage Ratio. As of the last day of each Fiscal Quarter of the Borrower (Borrower, commencing with the Fiscal Quarter ending March January 31, 2018)2017, the Borrower shall not permit the Consolidated Leverage Ratio to be greater than 0.60 to 1.001.00 for each Fiscal Quarter.

Appears in 1 contract

Samples: Credit Agreement (Investors Real Estate Trust)

Maximum Consolidated Leverage Ratio. As of the last day of each Fiscal Quarter of the Borrower (commencing with the Fiscal Quarter ending March September 30, 2014,March 31, 2018)2017, the Borrower shall not permit the Consolidated Leverage Ratio to be greater than 0.60 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (American Finance Trust, Inc)

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Maximum Consolidated Leverage Ratio. As of the last day of each Fiscal Quarter of the The Borrower (commencing with the Fiscal Quarter ending March 31, 2018), the Borrower shall will not permit the Consolidated Leverage Ratio as of the last day of any fiscal quarter (commencing with the last day of the fiscal quarter ending January 31, 2013) to be greater than 0.60 exceed 3.25 to 1.00.

Appears in 1 contract

Samples: Assignment and Assumption (Quanex Building Products CORP)

Maximum Consolidated Leverage Ratio. As of the last day of each Fiscal Quarter of the The Borrower (commencing with the Fiscal Quarter ending March 31, 2018), the Borrower shall will not permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 0.60 exceed 3.25 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Robbins & Myers, Inc.)

Maximum Consolidated Leverage Ratio. As of the last day of each Fiscal Quarter of the The Borrower (commencing with the Fiscal Quarter ending March 31, 2018), the Borrower shall will not permit the Consolidated Leverage Ratio Ratio, determined as of the end of each of its fiscal quarters ending for the period of four (4) consecutive fiscal quarters ending with the end of such fiscal quarter, to be greater than 0.60 3.5 to 1.001.0.

Appears in 1 contract

Samples: Credit Agreement (Mylan Laboratories Inc)

Maximum Consolidated Leverage Ratio. As of the last day of each Fiscal Quarter of the Borrower (commencing with the Fiscal Quarter ending March 31September 30, 2018)2014, the Borrower shall not permit the Consolidated Leverage Ratio to be greater than 0.60 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (American Realty Capital - Retail Centers of America, Inc.)

Maximum Consolidated Leverage Ratio. As The Borrower will not cause or permit its Consolidated Leverage Ratio as of the last day of each any 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 exceed 3.75 to 1.00.

Appears in 1 contract

Samples: Meredith Corporation Credit Agreement (Meredith Corp)

Maximum Consolidated Leverage Ratio. As The Borrower shall not permit its Consolidated Leverage Ratio, as of the last day of each Fiscal Quarter of the Borrower (commencing with the Fiscal Quarter ending March 31any fiscal quarter, 2018), the Borrower shall not permit the Consolidated Leverage Ratio to be greater than 0.60 to 1.002.50-to-1.00.”

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Bel Fuse Inc /Nj)

Maximum Consolidated Leverage Ratio. As of the last day of each Fiscal Quarter of the The Borrower (commencing with the Fiscal Quarter ending March 31, 2018), the Borrower shall will not permit the Consolidated Leverage Ratio as of the last day of any fiscal quarter (commencing with the last day of the fiscal quarter ending April 30, 2008) to be greater than 0.60 exceed 3.25 to 1.00.

Appears in 1 contract

Samples: Assignment and Assumption (Quanex Building Products CORP)

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