Common use of Maximum Consolidated Total Leverage Ratio Clause in Contracts

Maximum Consolidated Total Leverage Ratio. For each period below, the Parent will not permit the Consolidated Total Leverage Ratio for such period to be greater than the correlative ratio indicated: The four Fiscal Quarter period ending on or about March 31, 2013 4.40 to 1.00 The four Fiscal Quarter period ending on or about June 30, 2013 3.90 to 1.00 The four Fiscal Quarter period ending on or about September 30, 2013 3.80 to 1.00 The four Fiscal Quarter period ending on or about December 31, 2013 3.90 to 1.00 The four Fiscal Quarter period ending on or about March 31, 2014 3.60 to 1.00 The four Fiscal Quarter period ending on or about June 30, 2014 3.40 to 1.00 The four Fiscal Quarter period ending on or about September 30, 2014 3.20 to 1.00 The four Fiscal Quarter period ending on or about December 31, 2014 2.90 to 1.00 The four Fiscal Quarter period ending on or about March 31, 2015 2.70 to 1.00

Appears in 2 contracts

Samples: Credit Agreement (Dialogic Inc.), Credit Agreement (Tennenbaum Capital Partners LLC)

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Maximum Consolidated Total Leverage Ratio. For each period below, the Parent will not permit the Consolidated Total Leverage Ratio for such period to be greater than the correlative ratio indicated: The four Fiscal Quarter period ending on or about March 31, 2013 4.40 to 1.00 The four Fiscal Quarter period ending on or about June 30, 2013 3.90 to 1.00 The four Fiscal Quarter period ending on or about September 30, 2013 3.80 to 1.00 The four Fiscal Quarter period ending on or about December 31, 2013 3.90 to 1.00 The four Fiscal Quarter period ending on or about March 31, 2014 3.60 to 1.00 The four Fiscal Quarter period ending on or about June 30, 2014 3.40 to 1.00 The four Fiscal Quarter period ending on or about September 30, 2014 3.20 to 1.00 The four Fiscal Quarter period ending on or about December 31, 2014 2.90 to 1.00 The four Fiscal Quarter period ending on or about March 31, 2015 2.70 to 1.001.00 Dialogic Legal version 1

Appears in 1 contract

Samples: Credit Agreement (Dialogic Inc.)

Maximum Consolidated Total Leverage Ratio. For each period below, the Parent will not permit the Consolidated Total Leverage Ratio for such period to be greater than the correlative ratio indicated: Period Maximum Consolidated Total Leverage Ratio The four Fiscal Quarter period ending on or about September 30, 2011 3.65:1.0 The four Fiscal Quarter period ending on or about December 31, 2011 3.5:1.0 The four Fiscal Quarter period ending on or about March 31, 2012 3.5:1.0 The four Fiscal Quarter period ending on or about June 30, 2012 3.5:1.0 The four Fiscal Quarter period ending on or about September 30, 2012 3.0:1.0 The four Fiscal Quarter period ending on or about December 31, 2012 3.0:1.0 The four Fiscal Quarter period ending on or about March 31, 2013 4.40 to 1.00 3.0:1.0 The four Fiscal Quarter period ending on or about June 30, 2013 3.90 to 1.00 3.0:1.0 The four Fiscal Quarter period ending on or about September 30, 2013 3.80 to 1.00 The four Fiscal Quarter period ending on or about December 31, 2013 3.90 to 1.00 The four Fiscal Quarter period ending on or about March 31, 2014 3.60 to 1.00 The four Fiscal Quarter period ending on or about June 30, 2014 3.40 to 1.00 The four Fiscal Quarter period ending on or about September 30, 2014 3.20 to 1.00 The four Fiscal Quarter period ending on or about December 31, 2014 2.90 to 1.00 The four Fiscal Quarter period ending on or about March 31, 2015 2.70 to 1.00and thereafter 2.5:1.0

Appears in 1 contract

Samples: Credit Agreement (Dialogic Inc.)

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Maximum Consolidated Total Leverage Ratio. For each period below, the Parent will not permit the Consolidated Total Leverage Ratio for such period to be greater than the correlative ratio indicated: The four Fiscal Quarter period ending on or about September 30, 2011 3.65:1.0 The four Fiscal Quarter period ending on or about December 31, 2011 3.5:1.0 The four Fiscal Quarter period ending on or about March 31, 2012 3.5:1.0 The four Fiscal Quarter period ending on or about June 30, 2012 3.5:1.0 The four Fiscal Quarter period ending on or about September 30, 2012 3.0:1.0 The four Fiscal Quarter period ending on or about December 31, 2012 3.0:1.0 The four Fiscal Quarter period ending on or about March 31, 2013 4.40 to 1.00 3.0:1.0 The four Fiscal Quarter period ending on or about June 30, 2013 3.90 to 1.00 3.0:1.0 The four Fiscal Quarter period ending on or about September 30, 2013 3.80 to 1.00 The four Fiscal Quarter period ending on or about December 31, 2013 3.90 to 1.00 The four Fiscal Quarter period ending on or about March 31, 2014 3.60 to 1.00 The four Fiscal Quarter period ending on or about June 30, 2014 3.40 to 1.00 The four Fiscal Quarter period ending on or about September 30, 2014 3.20 to 1.00 The four Fiscal Quarter period ending on or about December 31, 2014 2.90 to 1.00 The four Fiscal Quarter period ending on or about March 31, 2015 2.70 to 1.00and thereafter 2.5:1.0

Appears in 1 contract

Samples: Credit Agreement (Tennenbaum Capital Partners LLC)

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