Maximum Consolidated Leverage Ratio. Beginning with the fiscal quarter ending on March 31, 2012, the Borrower will not permit the Consolidated Leverage Ratio, as of the last day of any Reference Period ending during any period (inclusive of the beginning and ending dates of each such period) in the table below, to exceed the ratio set forth opposite such period in the table below: Effective Date - December 31, 2013 4.00 to 1.0 January 1, 2014 - December 31, 2014 3.75 to 1.0 January 1, 2015 and thereafter 3.50 to 1.0
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Samples: Credit Agreement (HMS Holdings Corp), Credit Agreement (HMS Holdings Corp)
Maximum Consolidated Leverage Ratio. Beginning with the fiscal quarter ending on March 31, 2012, the Borrower will not permit the The Consolidated Leverage RatioRatio shall not, as determined as of the last day of any Reference Period each fiscal quarter ending during any period (inclusive of the beginning and ending dates of each such period) in the table periods set forth below, to exceed the maximum ratio set forth below opposite such period in the table belowperiod: Effective Date - December 31through September 30, 2013 4.00 2005 3.50 to 1.0 January 1.00 October 1, 2014 - December 312005 through September 30, 2014 3.75 2006 3.00 to 1.0 January 1.00 October 1, 2015 and thereafter 3.50 2006 through September 30, 2007 2.50 to 1.01.00 October 1, 2007 through September 30, 2008 2.00 to 1.00 October 1, 2008 through the Maturity Date 1.50 to 1.00
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Samples: Credit Agreement (Wright Express CORP), Credit Agreement (Wright Express CORP)
Maximum Consolidated Leverage Ratio. Beginning with on June 30, 2018 and on the fiscal quarter ending on March 31last day of each month thereafter, 2012, the Borrower will not permit the Consolidated Leverage RatioRatio for the twelve month period then ended to be greater than (i) through and including February 28, 2019, 7.00 to 1.00, and (ii) as of the last day of any Reference Period ending during any period (inclusive of the beginning and ending dates of each such period) in the table below, to exceed the ratio set forth opposite such period in the table below: Effective Date - December March 31, 2013 4.00 2019 and thereafter, 6.00 to 1.0 January 1, 2014 - December 31, 2014 3.75 to 1.0 January 1, 2015 and thereafter 3.50 to 1.01.00.
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Maximum Consolidated Leverage Ratio. Beginning with the fiscal quarter ending on March 31, 2012, the Borrower will not permit Permit the Consolidated Leverage Ratio, as of the last day of Ratio at any Reference Period ending time during any period (inclusive of the beginning and ending dates of each such period) in the table below, set forth below to exceed be greater than the ratio set forth below opposite such period in the table belowperiod: Effective 123673688_6 123673688_6 Closing Date - through June 30, 2020 4.25 to 1.00 July 1, 2020 through September 30, 2020 4.00 to 1.00 October 1, 2020 through December 31, 2013 4.00 2020 3.75 to 1.0 1.00 January 1, 2014 - December 31, 2014 3.75 to 1.0 January 1, 2015 2021 and thereafter 3.50 to 1.01.00
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Samples: Credit Agreement (NV5 Global, Inc.)
Maximum Consolidated Leverage Ratio. Beginning with the fiscal quarter ending on March 31, 2012, the The Borrower will not permit the Consolidated Leverage Ratio, as of the last day of Ratio at any Reference Period ending time during any a period (inclusive of the beginning and ending dates of each such period) in the table below, set forth below to exceed be greater than the ratio set forth opposite such period in the table below: Effective Period Ratio ------ ----- Initial Borrowing Date - through and including June 4.00:1.00 29, 2000 June 30, 2000 through and including September 29, 3.75:1.00 2000 September 30, 2000 through and including December 3.50:1.00 30, 2000 December 31, 2013 4.00 to 1.0 January 12000 through and including June 29, 2014 - 3.25:1.00 2001 June 30, 2001 through and including December 3130, 2014 3.75 to 1.0 January 1, 2015 and thereafter 3.50 to 1.03.00:1.00 2001 Thereafter 2.75:1.00
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Samples: Credit Agreement (Infousa Inc)
Maximum Consolidated Leverage Ratio. Beginning with the fiscal quarter ending on March 31, 2012, the The Borrower will not permit the Consolidated Leverage Ratio, as of the last day of Ratio at any Reference Period ending time during any period (inclusive of the beginning and ending dates of each such period) in the table below, set forth below to exceed be greater than the ratio set forth opposite such period in the table below: Period Ratio ------ ----- Effective Date - December to 4.75:1.00 March 30, 2003 March 31, 2013 4.00 to 1.0 January 1, 2014 - December 31, 2014 3.75 to 1.0 January 1, 2015 2003 4.50:1.00 and thereafter 3.50 to 1.0thereafter
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Maximum Consolidated Leverage Ratio. Beginning with the fiscal quarter ending on March 31, 2012, the The Borrower will not ----------------------------------- permit the Consolidated Leverage Ratio, as of the last day of Ratio at any Reference Period ending time during any a period (inclusive of the beginning and ending dates of each such period) in the table below, set forth below to exceed the respective ratio set forth opposite such period in the table below: Effective Period Ratio ------ ----- Initial Borrowing Date - December through and including October 31, 2013 4.00 to 1.0 January 1999 3.25:1.00 November 1, 2014 - December 1999 through and including April 30, 2000 3.00:1.00 May 1, 2000 through and -76- including October 31, 2014 3.75 to 1.0 January 2000 2.75:1.00 November 1, 2015 2000 through and thereafter 3.50 to 1.0including April 30, 2001 2.50:1.00 May 1, 2001 through and including July 31, 2001 2.25:1.00 Thereafter 2.00:1.00
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Samples: Credit Agreement (Idt Corp)
Maximum Consolidated Leverage Ratio. Beginning with the fiscal quarter ending on March 31, 2012, the Borrower will not permit Permit the Consolidated Leverage Ratio, Ratio as of the last day end of any Reference Period fiscal quarter set forth below for the four fiscal quarter period then ending during any period (inclusive of the beginning Holdings and ending dates of each such period) in the table below, its Subsidiaries to exceed be greater than the ratio set forth below opposite such period in the table belowtime period: Effective Date - June 30, 2010 5.00 to 1.00 September 30, 2010 3.75 to 1.00 December 31, 2013 4.00 2010 3.00 to 1.0 January 1, 2014 - December 1.00 March 31, 2014 3.75 2011 3.00 to 1.0 January 11.00 June 30, 2015 2011 2.75 to 1.00 September 30, 2011 and thereafter 3.50 2.50 to 1.01.00
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Maximum Consolidated Leverage Ratio. Beginning with the fiscal quarter ending on March MarchDecember 31, 201220122017, the Borrower will not permit the Consolidated Leverage Ratio, as of the last day of any Reference Period ending during any period (inclusive of the beginning and ending dates of each such period) in the table below, to exceed the ratio set forth opposite such period in the table below: Amendment No. 2 Effective Date - December 31, 2013 4.00 20132019 3.504.75 to 1.0 1.01.00 January 1, 2014 - December 31, 2014 3.75 20142020 and thereafter 3.504.25 to 1.0 1.01.00 January 1, 2015 and thereafter 3.50 3.25 to 1.0
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Samples: Credit Agreement (HMS Holdings Corp)
Maximum Consolidated Leverage Ratio. Beginning with the fiscal quarter ending on March 31, 2012, the Borrower will Company shall not permit the Consolidated Leverage RatioRatio as at (i) October 31, as of 2004 to exceed 3.60:1.00, (ii) December 31, 2004 to exceed 3.50:1.00 and (iii) the last day of any Reference Period Fiscal Quarter ending during any period (inclusive of the beginning and ending dates of each such period) in the table below, periods set forth below to exceed the correlative ratio set forth opposite such period in the table belowindicated: Effective Date - December 31, 2013 4.00 to 1.0 Period Maximum Consolidated Leverage Ratio ------- ----------------------------------- January 1, 2014 - December 31, 2014 3.75 to 1.0 January 2005 through April 1, 2015 2005 3.50:1.00 April 2, 2005 through September 30, 2005 3.25:1.00 October 1, 2005 and thereafter 3.50 to 1.03.00:1.00
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Samples: Credit Agreement (Urs Corp /New/)
Maximum Consolidated Leverage Ratio. Beginning with the fiscal quarter ending on March 31, 2012, the The Borrower will not permit the Consolidated Leverage Ratio, Ratio at any time during any Measurement Period ending as of the last day end of any Reference Period ending during any period (inclusive fiscal quarter of the beginning and ending dates of each such period) in the table below, Borrower set forth below to exceed be greater than the ratio set forth below opposite such period in the table belowperiod: Effective Closing Date - through December 31, 2013 2015 4.00 to 1.0 1.00 January 1, 2014 - 2016 through December 31, 2014 2016 3.75 to 1.0 1.00 January 1, 2015 and thereafter 2017 through December 31, 2017 3.50 to 1.01.00 January 1, 2018 and each fiscal quarter thereafter 3.25 to 1.00
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Maximum Consolidated Leverage Ratio. Beginning with the fiscal quarter ending on March 31, 2012, the Borrower will not permit the Consolidated Leverage Ratio, as of the last day of any Reference Period ending during any period (inclusive of the beginning and ending dates of each such period) in the table below, to exceed the ratio set forth opposite such period in the table below: Effective Date - – December 31, 2013 4.00 3.50 to 1.0 January 1, 2014 - – December 31, 2014 3.75 3.50 to 1.0 January 1, 2015 and thereafter 3.50 3.25 to 1.0
Appears in 1 contract
Samples: Credit Agreement (HMS Holdings Corp)
Maximum Consolidated Leverage Ratio. Beginning with the fiscal quarter ending on March 31, 2012, the Borrower will not permit the The Consolidated Leverage RatioRatio shall not, as determined as of the last day of any Reference Period each fiscal quarter ending during any period (inclusive of the beginning and ending dates of each such period) in the table periods set forth below, to exceed the maximum ratio set forth below opposite such period in the table belowperiod: Effective Date - December 31through April 30, 2013 4.00 2005 3.25 to 1.0 January 1.00 May 1, 2014 - December 312005 through April 30, 2014 3.75 2006 3.00 to 1.0 January 1.00 May 1, 2015 and thereafter 3.50 2006 through the Maturity Date 2.50 to 1.01.00
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