Common use of Maximum Consolidated Senior Leverage Ratio Clause in Contracts

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

Appears in 1 contract

Samples: Credit Agreement (Affinity Group Holding Inc)

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Maximum Consolidated Senior Leverage Ratio. The Credit Parties will not permit the Permit at any time a Consolidated Senior Leverage Ratio at any time of more than the amount set forth below during any each period below to exceed the ratio set opposite such period forth below: December 5June 30, 2001 through March 31, 2002 2.25 to 1 April 1, 2002 through September 29, 2002 2.50 to 1 2003 1.25:1 September 30, 2002 through December 30, 2002 2.25 to 1 December 31, 2002 through December 30, 2003 2.00 to 1 1.25:1 December 31, 2003 through December 1.25:1 March 31, 2004 1.25:1 June 30, 2004 1.75 to 1 1.25:1 September 30, 2004 1.25:1 December 31, 2004 1.25:1 March 31, 2005 1.25:1 June 30, 2005 1.25:1 September 30, 2005 1.25:1 December 31, 2005 and at all times thereafter 1.50 to 11.00:1

Appears in 1 contract

Samples: Credit Agreement (Advanced Medical Optics Inc)

Maximum Consolidated Senior Leverage Ratio. The Credit Loan Parties will shall not permit the Consolidated Senior Leverage Ratio at as of the last day of any time Fiscal Quarter ending during any period of the periods set forth below to exceed the correlative ratio set opposite such period belowindicated: December 5, 2001 through Period Maximum Consolidated Senior Leverage Ratio ------ ------------------------------------------ Closing Date to March 31, 2002 2.25 2005 4.4 to 1 1.0 April 1, 2002 through September 29, 2002 2.50 2005 to 1 September 30, 2002 through December 2005 4.0 to 1.0 October 1, 2005 to June 30, 2002 2.25 2006 3.5 to 1 December 311.0 July 1, 2002 through December 30, 2003 2.00 2006 and thereafter 3.0 to 1 December 31, 2003 through December 30, 2004 1.75 to 1 December 31, 2004 and at all times thereafter 1.50 to 11.0

Appears in 1 contract

Samples: Note Purchase Agreement (Directed Electronics, Inc.)

Maximum Consolidated Senior Leverage Ratio. The Credit Parties will not permit the Permit at any time a Consolidated Senior Leverage Ratio at any time of more than the amount set forth below during any each period below to exceed the ratio set opposite such period forth below: December 5, 2001 through March 31, 2002 2.25 to 1 April 1, 2002 through September 29, 2002 2.50 to 1 September November 30, 2002 through December 301.75:1.00 February 28, 2002 2.25 to 1 December 2003 1.75:1.00 May 31, 2002 through December 2003 1.75:1.00 August 31, 2003 1.40:1.00 November 30, 2003 2.00 to 1 December 31, 2003 through December 301.40:1.00 February 28, 2004 1.75 to 1 December 1.40:1.00 May 31, 2004 and at all times thereafter 1.50 to 11.40:1.00

Appears in 1 contract

Samples: Credit Agreement (Ndchealth Corp)

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Maximum Consolidated Senior Leverage Ratio. The Credit Loan Parties will shall not at any time permit the Consolidated Senior Leverage Ratio at any time during any period below Ratio, to exceed the ratio set opposite such period belowfollowing ratios during the following periods: 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 March 31, 2003 3.25 to 1.0 April 1, 2003 through September 30, 2003 2.00 3.00 to 1 December 311.0 After September 30, 2003 through December 30, 2004 1.75 2.75 to 1 December 31, 2004 and at all times thereafter 1.50 to 11.0

Appears in 1 contract

Samples: Credit Agreement (Key Energy Services Inc)

Maximum Consolidated Senior Leverage Ratio. The Credit Loan Parties will shall not at any time permit the Consolidated Senior Leverage Ratio at any time during any period below Ratio, to exceed the ratio set opposite such period belowfollowing ratios during the following periods: December 5, 2001 through March 31, 2002 2.25 to 1 April 1, 2002 2003 through September 29, 2002 2.50 to 1 September 30, 2002 through December 30, 2002 2.25 2003 3.75 to 1 December 31, 2002 through December 301.0 October 1, 2003 2.00 to 1 through December 31, 2003 through December 30, 2004 1.75 3.50 to 1 1.0 After December 31, 2004 and at all times thereafter 1.50 2003 3.25 to 11.0

Appears in 1 contract

Samples: Credit Agreement (Key Energy Services Inc)

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