Maximum Funded Debt Ratio. The Funded Debt Ratio shall not exceed (a) 3.00 to 1 at any time prior to March 31, 2008, or (b) 2.75 to 1 as of March 31, 2008, and all times thereafter prior to March 31, 2009, and (c) 2.50 to 1 as of March 31, 2009, or at any time thereafter.
Appears in 3 contracts
Samples: Loan and Security Agreement (Global Defense Technology & Systems, Inc.), Loan and Security Agreement (Global Defense Technology & Systems, Inc.), Loan and Security Agreement (Global Defense Technology & Systems, Inc.)
Maximum Funded Debt Ratio. The Funded Debt Ratio shall not exceed (a) 3.00 to 1 at any time prior to March 31, 2008, or (b) 2.75 to 1 as of March 31, 2008, and all times thereafter prior to March December 31, 2009, and (c) 2.50 2.75 to 1 as of March December 31, 2009, 2009 or at any time thereafter.
Appears in 2 contracts
Samples: Loan and Security Agreement (Global Defense Technology & Systems, Inc.), Loan and Security Agreement (Global Defense Technology & Systems, Inc.)
Maximum Funded Debt Ratio. The Funded Debt Ratio shall not exceed (a) 3.00 3.50 to 1 at any time prior to March December 31, 2008, or (b) 2.75 3.25 to 1 as of March December 31, 2008, and all times thereafter prior to March December 31, 2009, and (c) 2.50 3.00 to 1 as of March December 31, 2009, or at any time thereafter.β
Appears in 2 contracts
Samples: Loan and Security Agreement (Global Defense Technology & Systems, Inc.), Loan and Security Agreement (Global Defense Technology & Systems, Inc.)
