Common use of Maximum Consolidated Senior Leverage Ratio Clause in Contracts

Maximum Consolidated Senior Leverage Ratio. The Loan Parties shall not at any time permit the Consolidated Senior Leverage Ratio, to exceed the following ratios during the following periods: Period Ratio April 1, 2003 through September 30, 2003 3.75 to 1.0 October 1, 2003 through December 31, 2003 3.50 to 1.0 After December 31, 2003 3.25 to 1.0

Appears in 2 contracts

Samples: Credit Agreement (Key Energy Services Inc), Credit Agreement (Key Energy Services Inc)

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Maximum Consolidated Senior Leverage Ratio. The Loan Parties shall not Permit at any time permit the a Consolidated Senior Leverage RatioRatio of more than the amount set forth below during each period set forth below: Quarter Ending Ratio November 30, to exceed the following ratios during the following periods: Period Ratio April 12002 1.75:1.00 February 28, 2003 through September 1.75:1.00 May 31, 2003 1.75:1.00 August 31, 2003 1.40:1.00 November 30, 2003 3.75 to 1.0 October 11.40:1.00 February 28, 2003 through December 2004 1.40:1.00 May 31, 2003 3.50 to 1.0 After December 31, 2003 3.25 to 1.02004 and thereafter 1.40:1.00

Appears in 1 contract

Samples: Credit Agreement (Ndchealth Corp)

Maximum Consolidated Senior Leverage Ratio. The Loan Parties Borrower shall not at any time permit the Consolidated Senior Leverage Ratio, Ratio as of the last day of any Fiscal Quarter ending during any of the periods set forth below to exceed the following ratios during the following periodscorrelative ratio indicated: Period Ratio April MAXIMUM CONSOLIDATED PERIOD SENIOR LEVERAGE RATIO ----------------------------- --------------------- Closing Date to June 30, 2005 3.5 to 1.0 July 1, 2003 through September 2005 to June 30, 2003 3.75 2006 3.0 to 1.0 October July 1, 2003 through December 31, 2003 3.50 to 1.0 After December 31, 2003 3.25 2006 and thereafter 2.5 to 1.0

Appears in 1 contract

Samples: Credit Agreement (Directed Electronics, Inc.)

Maximum Consolidated Senior Leverage Ratio. The Loan Parties shall not at any time permit the Consolidated Senior Leverage Ratio, Ratio as of the last day of any Fiscal Quarter ending during any of the periods set forth below to exceed the following ratios during the following periodscorrelative ratio indicated: Period Maximum Consolidated Senior Leverage Ratio ------ ------------------------------------------ Closing Date to March 31, 2005 4.4 to 1.0 April 1, 2003 through 2005 to September 30, 2003 3.75 2005 4.0 to 1.0 October 1, 2003 through December 312005 to June 30, 2003 3.50 2006 3.5 to 1.0 After December 31July 1, 2003 3.25 2006 and thereafter 3.0 to 1.0

Appears in 1 contract

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

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Maximum Consolidated Senior Leverage Ratio. The Loan Parties shall not at any time permit the Consolidated Senior Leverage Ratio, to exceed the following ratios during the following periods: Period Ratio December 31, 2002 through March 31, 2003 3.25 to 1.0 April 1, 2003 through September 30, 2003 3.75 to 1.0 October 1, 2003 through December 31, 2003 3.50 3.00 to 1.0 After December 31September 30, 2003 3.25 2.75 to 1.0

Appears in 1 contract

Samples: Credit Agreement (Key Energy Services Inc)

Maximum Consolidated Senior Leverage Ratio. The Loan Credit Parties shall will not at any time permit the Consolidated Senior Leverage Ratio, Ratio at any time during any period below to exceed the following ratios during the following periodsratio set opposite such period below: Period Ratio December 5, 2001 through March 31, 2002 2.25 to 1 April 1, 2003 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 3.75 2.00 to 1.0 October 11 December 31, 2003 through December 3130, 2003 3.50 2004 1.75 to 1.0 After 1 December 31, 2003 3.25 2004 and at all times thereafter 1.50 to 1.01

Appears in 1 contract

Samples: Credit Agreement (Affinity Group Holding Inc)

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