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Common use of Maximum Consolidated Total Leverage Ratio Clause in Contracts

Maximum Consolidated Total Leverage Ratio. Borrower shall not permit the Consolidated Total 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: 126 August 1, 2007 – October 31, 2007 6.75:1.00 November 1, 2007 – January 31, 2008 7.00:1.00 February 1, 2008 – April 30, 2008 7.50:1.00 May 1, 2008 – October 31, 2008 7.65:1.00 November 1, 2008 – January 31, 2009 7.50:1.00 February 1, 2009 – April 30, 2009 7.25:1.00 May 1, 2009 – October 31, 2009 7.00:1.00 November 1, 2009 – April 30, 2010 6.75:1.00 May 1, 2010 – October 31, 2010 6.50:1.00 November 1, 2010 – January 31, 2011 6.25:1.00 February 1, 2011 – April 30, 2011 6.00:1.00 May 1, 2011 – July 31, 2011 5.75:1.00 August 1, 2011 – October 31, 2011 5.50:1.00 November 1, 2011 – January 31, 2012 5.25:1.00 February 1, 2012 – April 30, 2012 5.00:1.00 May 1, 2012 – October 31, 2012 4.75:1.00 November 1, 2012 – and thereafter 4.50:1.00

Appears in 1 contract

Samples: Credit Agreement (Isle of Capri Casinos Inc)

Maximum Consolidated Total Leverage Ratio. Borrower shall not permit Permit the Consolidated Total Leverage Ratio as of the last day end of any Fiscal Quarter ending during any fiscal quarter of the periods Borrower to be more than the ratio set forth below to exceed the correlative ratio indicatedopposite such fiscal quarter below: 126 August 1QUARTER ENDING RATIO -------------- ----- September 30, 2007 – October 2004 5.25:1.0 December 31, 2004 5.25:1.0 March 31, 2005 5.00:1.0 June 30, 2005 4.75:1.0 September 30, 2005 4.75:1.0 December 31, 2005 4.25:1.0 March 3l, 2006 4.25:1.0 June 30, 2006 4.25:1.0 September 30, 2006 4.25:1.0 December 31, 2006 3.75:1.0 March 31, 2007 6.75:1.00 November 13.75:1.0 June 30, 2007 – January 3.75:1.0 September 30, 2007 3.75:1.0 December 31, 2008 7.00:1.00 February 12007 3.25:1.0 March 3l, 2008 – April 3.25:1.0 June 30, 2008 7.50:1.00 May 13.25:1.0 September 30, 2008 – October 31, 2008 7.65:1.00 November 1, 2008 – January 31, 2009 7.50:1.00 February 1, 2009 – April 30, 2009 7.25:1.00 May 1, 2009 – October 31, 2009 7.00:1.00 November 1, 2009 – April 30, 2010 6.75:1.00 May 1, 2010 – October 31, 2010 6.50:1.00 November 1, 2010 – January 31, 2011 6.25:1.00 February 1, 2011 – April 30, 2011 6.00:1.00 May 1, 2011 – July 31, 2011 5.75:1.00 August 1, 2011 – October 31, 2011 5.50:1.00 November 1, 2011 – January 31, 2012 5.25:1.00 February 1, 2012 – April 30, 2012 5.00:1.00 May 1, 2012 – October 31, 2012 4.75:1.00 November 1, 2012 – and thereafter 4.50:1.003.25:1.0

Appears in 1 contract

Samples: Credit Agreement (Advanced Medical Optics Inc)

Maximum Consolidated Total Leverage Ratio. Borrower shall Holdings will not permit the Consolidated Total Leverage Ratio as of for any Test Period ending on the last day of any Fiscal Quarter ending during any a fiscal quarter of the periods U.S. Borrower described below to be greater than the ratio set forth below to exceed the correlative ratio indicatedopposite such fiscal quarter below: 126 August 1September 30, 2007 – October 2006 4.80:1.00 December 31, 2006 4.80:1.00 March 31, 2007 6.75:1.00 November 14.80:1.00 June 30, 2007 – January 4.80:1.00 September 30, 2007 4.55:1.00 December 31, 2007 4.55:1.00 March 31, 2008 7.00:1.00 February 1, 2008 – April 4.30:1.00 June 30, 2008 7.50:1.00 May 14.30:1.00 September 30, 2008 – October 4.05:1.00 December 31, 2008 7.65:1.00 November 1, 2008 – January 4.05:1.00 March 31, 2009 7.50:1.00 February 1, 2009 – April 3.80:1.00 June 30, 2009 7.25:1.00 May 13.80:1.00 September 30, 2009 – October 31, 2009 7.00:1.00 November 1, 2009 – April 30, 2010 6.75:1.00 May 1, 2010 – October 31, 2010 6.50:1.00 November 1, 2010 – January 31, 2011 6.25:1.00 February 1, 2011 – April 30, 2011 6.00:1.00 May 1, 2011 – July 31, 2011 5.75:1.00 August 1, 2011 – October 31, 2011 5.50:1.00 November 1, 2011 – January 31, 2012 5.25:1.00 February 1, 2012 – April 30, 2012 5.00:1.00 May 1, 2012 – October 31, 2012 4.75:1.00 November 1, 2012 – and thereafter 4.50:1.003.55:1.00 at all times thereafter

Appears in 1 contract

Samples: Credit Agreement (Bway Corp)

Maximum Consolidated Total Leverage Ratio. Borrower shall Holdings will not permit the Consolidated Total Leverage Ratio as of for any Test Period ending on the last day of any Fiscal Quarter ending during any a fiscal quarter of the periods Borrower described below to be greater than the ratio set forth below to exceed the correlative ratio indicatedopposite such fiscal quarter below: 126 August 1June 30, 2007 – October 2004 5.20:1.00 September 30, 2004 5.20:1.00 December 31, 2004 5.20:1.00 March 31, 2005 5.20:1.00 June 30, 2005 4.95:1.00 September 30, 2005 4.95:1.00 December 31, 2005 4.70:1.00 March 31, 2006 4.70:1.00 June 30, 2006 4.45:1.00 September 30, 2006 4.45:1.00 December 31, 2006 4.20:1.00 March 31, 2007 6.75:1.00 November 14.20:1.00 June 30, 2007 – January 3.95:1.00 September 30, 2007 3.95:1.00 December 31, 2007 3.70:1.00 March 31, 2008 7.00:1.00 February 1, 2008 – April 3.70:1.00 June 30, 2008 7.50:1.00 May 13.70:1.00 September 30, 2008 – October 31, 2008 7.65:1.00 November 1, 2008 – January 31, 2009 7.50:1.00 February 1, 2009 – April 30, 2009 7.25:1.00 May 1, 2009 – October 31, 2009 7.00:1.00 November 1, 2009 – April 30, 2010 6.75:1.00 May 1, 2010 – October 31, 2010 6.50:1.00 November 1, 2010 – January 31, 2011 6.25:1.00 February 1, 2011 – April 30, 2011 6.00:1.00 May 1, 2011 – July 31, 2011 5.75:1.00 August 1, 2011 – October 31, 2011 5.50:1.00 November 1, 2011 – January 31, 2012 5.25:1.00 February 1, 2012 – April 30, 2012 5.00:1.00 May 1, 2012 – October 31, 2012 4.75:1.00 November 1, 2012 – and at all times thereafter 4.50:1.003.45:1.00

Appears in 1 contract

Samples: Credit Agreement (Bway Corp)

Maximum Consolidated Total Leverage Ratio. As of the end of each fiscal quarter, the Borrower shall will not permit the Consolidated Total Leverage Ratio as of for the Test Period ended on the last day of any such fiscal quarter to be greater than the ratio set forth opposite such fiscal quarter below: Fiscal Quarter ending during any of the periods set forth below to exceed the correlative ratio indicated: 126 August 1Ended Ratio -------------------- ----- June 30, 2007 – October 2004 6.25:1.0 September 30, 2004 6.25:1.0 December 31, 2004 6.25:1.0 March 31, 2005 6.25:1.0 June 30, 2005 6.00:1.0 September 30, 2005 6.00:1.0 December 31, 2005 6.00:1.0 March 31, 2006 6.00:1.0 June 30, 2006 5.50:1.0 September 30, 2006 5.50:1.0 December 31, 2006 5.50:1.0 March 31, 2007 6.75:1.00 November 15.50:1.0 June 30, 2007 – January 5.00:1.0 September 30, 2007 5.00:1.0 December 31, 2007 5.00:1.0 March 31, 2008 7.00:1.00 February 5.00:1.0 April 1, 2008 – April 30, 2008 7.50:1.00 May 1, 2008 – October 31, 2008 7.65:1.00 November 1, 2008 – January 31, 2009 7.50:1.00 February 1, 2009 – April 30, 2009 7.25:1.00 May 1, 2009 – October 31, 2009 7.00:1.00 November 1, 2009 – April 30, 2010 6.75:1.00 May 1, 2010 – October 31, 2010 6.50:1.00 November 1, 2010 – January 31, 2011 6.25:1.00 February 1, 2011 – April 30, 2011 6.00:1.00 May 1, 2011 – July 31, 2011 5.75:1.00 August 1, 2011 – October 31, 2011 5.50:1.00 November 1, 2011 – January 31, 2012 5.25:1.00 February 1, 2012 – April 30, 2012 5.00:1.00 May 1, 2012 – October 31, 2012 4.75:1.00 November 1, 2012 – and thereafter 4.50:1.004.50:1.0

Appears in 1 contract

Samples: Credit Agreement (Biltmore Surgery Center Holdings Inc)

Maximum Consolidated Total Leverage Ratio. Borrower shall not permit Permit the Consolidated Total Leverage Ratio as of the last day end of any Fiscal Quarter ending during any fiscal quarter of the periods Borrower to be more than the ratio set forth below to exceed the correlative ratio indicatedopposite such fiscal quarter below: 126 August 1------------------------------------ ----------------- Quarter Ending Ratio ------------------------------------ ----------------- December 31, 2007 – October 2004 5.25:1.0 March 31, 2005 4.50:1.0 June 30, 2005 4.25:1.0 September 30, 2005 4.25:1.0 December 31, 2005 3.75:1.0 March 3l, 2006 3.75:1.0 June 30, 2006 3.75:1.0 September 30, 2006 3.75:1.0 December 31, 2006 3.25:1.0 March 31, 2007 6.75:1.00 November 13.25:1.0 June 30, 2007 – January 3.25:1.0 September 30, 2007 3.25:1.0 December 31, 2008 7.00:1.00 February 12007 3.25:1.0 March 3l, 2008 – April 3.25:1.0 June 30, 2008 7.50:1.00 May 13.25:1.0 September 30, 2008 – October 31, 2008 7.65:1.00 November 1, 2008 – January 31, 2009 7.50:1.00 February 1, 2009 – April 30, 2009 7.25:1.00 May 1, 2009 – October 31, 2009 7.00:1.00 November 1, 2009 – April 30, 2010 6.75:1.00 May 1, 2010 – October 31, 2010 6.50:1.00 November 1, 2010 – January 31, 2011 6.25:1.00 February 1, 2011 – April 30, 2011 6.00:1.00 May 1, 2011 – July 31, 2011 5.75:1.00 August 1, 2011 – October 31, 2011 5.50:1.00 November 1, 2011 – January 31, 2012 5.25:1.00 February 1, 2012 – April 30, 2012 5.00:1.00 May 1, 2012 – October 31, 2012 4.75:1.00 November 1, 2012 – and thereafter 4.50:1.003.25:1.0 ------------------------------------ -----------------

Appears in 1 contract

Samples: Credit Agreement (Advanced Medical Optics Inc)