Common use of Maximum Consolidated Total Leverage Ratio Clause in Contracts

Maximum Consolidated Total Leverage Ratio. The Servicer will cause the Consolidated Total 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: Fiscal Quarter Ending Ratio June 30, 2009 5.25:1.00 September 30, 2009 6.625:1.00 December 31, 2009 7.125:1.00 March 31, 2010 7.80:1.00 June 30, 2010 7.80:1.00 September 30, 2010 7.25:1.00 December 31, 2010 6.625:1.00 March 31, 2011 6.50:1.00 June 30, 2011 6.375:1.00 September 30, 2011 6.25:1.00 December 31, 2011 5.75:1.00 March 31, 2012 5.75:1.00 June 30, 2012 5.25:1.00 September 30, 2012 4.75:1.00 December 31, 2012 4.50:1.00 March 31, 2013 4.50:1.00 June 30, 2013 4.25:1.00 September 30, 2013 3.75:1.00 December 31, 2013, 3.50:1.00 and thereafter

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Manitowoc Co Inc), Receivables Purchase Agreement (Manitowoc Co Inc)

AutoNDA by SimpleDocs

Maximum Consolidated Total Leverage Ratio. The Servicer will cause the Consolidated Total 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: Fiscal Quarter Ending Ratio June 30, 2009 5.25:1.00 September 30, 2009 6.625:1.00 December 31, 2009 7.125:1.00 March 31, 2010 7.80:1.00 7.375:1.00 June 30, 2010 7.80:1.00 7.375:1.00 September 30, 2010 7.25:1.00 6.75:1.00 December 31, 2010 6.625:1.00 6.25:1.00 March 31, 2011 6.50:1.00 6.25:1.00 June 30, 2011 6.375:1.00 6.00:1.00 September 30, 2011 6.25:1.00 5.75:1.00 December 31, 2011 5.75:1.00 5.125:1.00 March 31, 2012 5.75:1.00 5.00:1.00 June 30, 2012 5.25:1.00 4.50:1.00 September 30, 2012 4.75:1.00 4.00:1.00 December 31, 2012 4.50:1.00 March 31, 2013 4.50:1.00 June 30, 2013 4.25:1.00 September 30, 2013 3.75:1.00 December 31, 20132012, 3.50:1.00 and thereafter

Appears in 1 contract

Samples: Receivables Purchase Agreement (Manitowoc Co Inc)

Maximum Consolidated Total Leverage Ratio. The Servicer will cause the Consolidated Total 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: Fiscal Quarter Ending Ratio June 30, 2009 5.25:1.00 September 30, 2009 6.625:1.00 December 31, 2009 7.125:1.00 March 31, 2010 7.80:1.00 7.375:1.00 June 30, 2010 7.80:1.00 7.375:1.00 September 30, 2010 7.25:1.00 6.75:1.00 December 31, 2010 6.625:1.00 6.25:1.00 March 31, 2011 6.50:1.00 6.25:1.00 June 30, 2011 6.375:1.00 6.00:1.00 September 30, 2011 6.25:1.00 5.75:1.00 December 31, 2011 5.75:1.00 5.125:1.00 March 31, 2012 5.75:1.00 5.00:1.00 June 30, 2012 5.25:1.00 4.50:1.00 September 30, 2012 4.75:1.00 4.00:1.00 December 31, 2012 4.50:1.00 March 312012, 2013 4.50:1.00 June 30, 2013 4.25:1.00 September 30, 2013 3.75:1.00 December 31, 2013, 3.50:1.00 and thereafterthereafter 3.50:1.00

Appears in 1 contract

Samples: Receivables Purchase Agreement (Manitowoc Co Inc)

Maximum Consolidated Total Leverage Ratio. The Servicer Borrower will cause the Consolidated Total Leverage Ratio at all times during the fiscal quarters of the Servicer Borrower set forth below to be less than the ratio set forth opposite such fiscal quarter below: Fiscal Quarter Ending Ratio June 30, 2009 5.25:1.00 September 30, 2009 6.625:1.00 December 31, 2009 7.125:1.00 March 31, 2010 5.25:1.00 6.625:1.00 7.125:1.00 7.80:1.00 June 30, 2010 7.80:1.00 September 30, 2010 7.25:1.00 December 31, 2010 6.625:1.00 March 31, 2011 7.80:1.00 7.25:1.00 6.625:1.00 6.50:1.00 June 30, 2011 6.375:1.00 September 30, 2011 6.25:1.00 December 31, 2011 5.75:1.00 March 31, 2012 6.375:1.00 6.25:1.00 5.75:1.00 5.75:1.00 June 30, 2012 5.25:1.00 September 30, 2012 4.75:1.00 December 31, 2012 4.50:1.00 March 31, 2013 5.25:1.00 4.75:1.00 4.50:1.00 4.50:1.00 June 30, 2013 4.25:1.00 September 30, 2013 3.75:1.00 December 31, 2013, 3.50:1.00 and thereafterthereafter 4.25:1.00 3.75:1.00 3.50:1.00

Appears in 1 contract

Samples: Credit Agreement (Manitowoc Co Inc)

AutoNDA by SimpleDocs

Maximum Consolidated Total Leverage Ratio. The Servicer will cause Issuer shall not have, on the last day of each Fiscal Quarter, a Consolidated Total Leverage Ratio at all times during the fiscal quarters of the Servicer set forth below to be less greater than the maximum ratio set forth opposite such fiscal quarter belowFiscal Quarter: Fiscal Quarter Ending Ratio June 30, 2009 5.25:1.00 September 30, 2009 6.625:1.00 FISCAL QUARTER ENDING MAXIMUM CONSOLIDATED TOTAL LEVERAGE RATIO December 31, 2009 7.125:1.00 4.60:1.00 March 31, 2010 7.80:1.00 4.60:1.00 June 30, 2010 7.80:1.00 4.60:1.00 September 30, 2010 7.25:1.00 4.30:1.00 December 31, 2010 6.625:1.00 4.30:1.00 March 31, 2011 6.50:1.00 4.30:1.00 June 30, 2011 6.375:1.00 4.00:1.00 September 30, 2011 6.25:1.00 4.00:1.00 December 31, 2011 5.75:1.00 3.75:1.00 March 31, 2012 5.75:1.00 3.75:1.00 June 30, 2012 5.25:1.00 3.50:1.00 September 30, 2012 4.75:1.00 3.50:1.00 December 31, 2012 4.50:1.00 3.15:1.00 March 31, 2013 4.50:1.00 3.15:1.00 June 30, 2013 4.25:1.00 2.90:1.00 September 30, 2013 3.75:1.00 2.90:1.00 December 31, 20132013 2.60:1.00 March 31, 3.50:1.00 2014 2.60:1.00 June 30, 2014 and thereaftereach Fiscal Quarter thereafter 2.30:1.00

Appears in 1 contract

Samples: Senior Subordinated Note Purchase Agreement (Princeton Review Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.