Maximum Consolidated Senior Leverage Ratio. The Credit Parties will not permit the Consolidated Senior Leverage Ratio at any time during any period below to exceed the ratio set opposite such period below: December 5, 2001 through March 31, 2002 2.25 to 1 April 1, 2002 through September 29, 2002 2.50 to 1 September 30, 2002 through December 30, 2002 2.25 to 1 December 31, 2002 through December 30, 2003 2.00 to 1 December 31, 2003 through December 30, 2004 1.75 to 1 December 31, 2004 and at all times thereafter 1.50 to 1
Maximum Consolidated Senior Leverage Ratio. Credit Parties shall have, at the end of each Fiscal Quarter, a Consolidated Senior Leverage Ratio as of the last day of such Fiscal Quarter and for the Test Period ending with such Fiscal Quarter of not more than 3.30 to 1.00.
Maximum Consolidated Senior Leverage Ratio. Permit at any time a Consolidated Senior Leverage Ratio of more than the amount set forth below during each period set forth below: February 28, 2004 1.75:1.00 May 31, 2004 and thereafter 1.75:1.00
Maximum Consolidated Senior Leverage Ratio. Borrower shall not permit the Consolidated Senior Leverage Ratio, determined as at the end of each fiscal quarter, commencing with the fiscal quarter ending June 30, 2019, to be greater than the levels set forth below. June 30, 2019 1.75:1.00 September 30, 2019 1.75:1.00 December 31, 2019 1.75:1.00 March 31, 2020 1.50:1.00 June 30, 2020 1.50:1.00 September 30, 2020 1.50:1.00 December 31, 2020 1.50:1.00 March 31, 2021 1.25:1.00 June 30, 2021 1.25:1.00 September 30, 2021 1.25:1.00 December 31, 2021 1.15:1.00 March 31, 2022 1.15:1.00 June 30, 2022 1.00:1.00 September 30, 2022 1.00:1.00 December 31, 2022 1.00:1.00 March 31, 2023 1.00:1.00
Maximum Consolidated Senior Leverage Ratio. The Borrower will cause the Consolidated Senior Leverage Ratio to at all times be less than 3.0 to 1.0.
Maximum Consolidated Senior Leverage Ratio. The Borrower shall not have, during any Fiscal Quarter set forth below, a Consolidated Senior Leverage Ratio greater than the maximum ratio set forth opposite the applicable Fiscal Quarter:
Maximum Consolidated Senior Leverage Ratio. Section 7.2.16 of the Credit Agreement is hereby amended and restated to read as follows:
Maximum Consolidated Senior Leverage Ratio. Permit the Consolidated Senior Leverage Ratio as of the end of any fiscal quarter of the Borrower to be more than the ratio set forth opposite such fiscal quarter below: QUARTER ENDING RATIO -------------- ----- September 30, 2004 2.75:1.0 December 31, 2004 2.75:1.0 March 31, 2005 2.50:1.0 June 30, 2005 2.50:1.0 September 30, 2005 2.50:1.0 December 31, 2005 2.00:1.0 100 QUARTER ENDING RATIO -------------- ----- March 31, 2006 2.00:1.0 June 30, 2006 2.00:1.0 September 30, 2006 2.00:1.0 December 31, 2006 1.75:1.0 March 31, 2007 1.75:1.0 June 30, 2007 1.75:1.0 September 30, 2007 and thereafter 1.75:1.0
Maximum Consolidated Senior Leverage Ratio. Borrower shall not permit the Consolidated Senior Leverage Ratio as of the last day of any Fiscal Quarter ending during any of the periods set forth below to exceed the correlative ratio indicated: MAXIMUM CONSOLIDATED PERIOD SENIOR LEVERAGE RATIO ----------------------------- --------------------- Closing Date to June 30, 2005 3.5 to 1.0 July 1, 2005 to June 30, 2006 3.0 to 1.0 July 1, 2006 and thereafter 2.5 to 1.0
Maximum Consolidated Senior Leverage Ratio. A Consolidated Senior Leverage Ratio as at the last day of each period of four consecutive fiscal quarters ending on any date set forth below no greater than the ratio set forth below opposite such date; provided, however, the Consolidated Leverage Ratio shall not be tested on any date that the Borrower’s Liquidity is greater than $50,000,000: 6/30/13 – 12/31/13 Not tested 3/31/14 and thereafter 2.00:1.00
