Maximum Consolidated Senior Secured Leverage Ratio. Permit, as of the last day of any fiscal quarter (commencing with the fiscal quarter ending December 31, 2013), for the twelve (12) month period ending on such day, the Consolidated Senior Secured Leverage Ratio to exceed the Maximum Consolidated Senior Secured Leverage Ratio applicable as of such day in accordance with the definition thereof.
Maximum Consolidated Senior Secured Leverage Ratio. Manitowoc shall cause the Consolidated Senior Secured Leverage Ratio at all times during the fiscal quarters of Manitowoc set forth below to be less than the ratio set forth opposite such fiscal quarter below: Fiscal Quarter Ending Ratio March 31, 2014June 30, 2014September 30, 2014December 31, 2014 March 31, 2015June 30, 2015September 30, 2015December 31, 2015 March 31, 2016,and thereafter 3.50:1.003.50:1.003.50:1.003.25:1.00 3.25:1.003.25:1.003.25:1.003.25:1.00 3.00:1.00
Maximum Consolidated Senior Secured Leverage Ratio. The Servicer will cause the Consolidated Senior Secured Leverage Ratio at all times during the fiscal quarters of the Servicer set forth below to be less than the ratio set forth opposite such fiscal quarter below:
Maximum Consolidated Senior Secured Leverage Ratio. Permit the Consolidated Senior Secured Leverage Ratio, as of any date set forth below on which the Revolving Commitments are outstanding, to exceed the amount set forth opposite such date below: December 31, 2007 5.85 to 1.00 March 31, 2008 5.85 to 1.00 June 30, 2008 5.85 to 1.00 September 30, 2008 5.85 to 1.00 December 31, 2008 4.75 to 1.00 March 31, 2009 4.75 to 1.00 June 30, 2009 4.75 to 1.00 September 30, 2009 4.75 to 1.00 December 31, 2009 3.75 to 1.00 March 31, 2010 3.75 to 1.00 June 30, 2010 3.75 to 1.00 September 30, 2010 3.75 to 1.00 December 31, 2010 3.00 to 1.00 March 31, 2011 3.00 to 1.00 June 30, 2011 3.00 to 1.00 September 30, 2011 3.00 to 1.00 December 31, 2011 and thereafter 2.50 to 1.00
Maximum Consolidated Senior Secured Leverage Ratio. Borrower shall not permit the Consolidated Senior Secured 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 indicated2.50:1.00.
Maximum Consolidated Senior Secured Leverage Ratio. The ratio of Consolidated Senior Secured Funded Indebtedness on the last day of any fiscal quarter during a period set forth below to Consolidated EBITDA for the period of four consecutive fiscal quarters then ended, shall not exceed, at any time during the periods set forth below, the ratio set forth opposite the applicable period set forth in the table below: Period Ratio ------------------------------------------------------------ Effective Date through 12/30/01 2.50:1.00 ------------------------------------------------------------ 12/31/01 through 3/30/02 2.25:1.00 ------------------------------------------------------------ Thereafter 2.00:1.00 ------------------------------------------------------------
Maximum Consolidated Senior Secured Leverage Ratio. Manitowoc shall cause the Consolidated Senior Secured Leverage Ratio at all times during the fiscal quarters of Manitowoc set forth below to be less than the ratio set forth opposite such fiscal quarter below:
Maximum Consolidated Senior Secured Leverage Ratio. If any Revolving Loans or Swing Line Loans are outstanding or any Letters of Credit are outstanding and not cash collateralized in full as of the last day of any Fiscal Quarter, Holdings and Company shall not permit the Consolidated Senior Secured Leverage Ratio, as of the last day of the most recently ended Fiscal Quarter for which financial statements have been delivered to Administrative Agent pursuant to subsection 6.1, to be greater than 7.00:1.00.
Maximum Consolidated Senior Secured Leverage Ratio. Permit the Consolidated Senior Secured Leverage Ratio as of the end of any Fiscal Quarter of the Parent to be greater than 2.75 to 1.00.
Maximum Consolidated Senior Secured Leverage Ratio. The Borrower will cause the Consolidated Senior Secured Leverage Ratio at all times during the fiscal quarters of the Borrower set forth below to be less than the ratio set forth opposite such fiscal quarter below: June 30, 2011 4.00:1.00 September 30, 2011 4.00:1.00 December 31, 2011 3.875:1.00 March 31, 2012 3.75:1.00 June 30, 2012 3.50:1.00 September 30, 2012 3.50:1.00 December 31, 2012 3.50:1.00 March 31, 2013 3.50:1.00 June 30, 2013 3.25:1.00 September 30, 2013 3.25:1.00 December 31, 2013, 3.25:1.00 March 31, 2014 3.25:1.00 June 30, 2014 3.25:1.00 September 30, 2014 3.25:1.00 December 31, 2014, 3.00:1.00 and thereafter
