Maximum Net Leverage Ratio. The Borrower shall not permit the Net Leverage Ratio, calculated as of the end of each fiscal quarter, to be greater than 4.00:1.00.
Appears in 3 contracts
Samples: Credit Agreement (CNX Resources Corp), Credit Agreement (CNX Resources Corp), Revolving Credit Facility (CNX Resources Corp)
Maximum Net Leverage Ratio. The Borrower shall not permit the Net Leverage Ratio, calculated as of the end of each fiscal quarter, to be greater than 4.00:1.003.50:1.00.
Appears in 3 contracts
Samples: Revolving Credit Facility (CNX Resources Corp), Credit Agreement (CNX Resources Corp), Revolving Credit Facility (CNX Resources Corp)
Maximum Net Leverage Ratio. The Borrower shall will not permit the Net Leverage Ratio, calculated determined as of the end of each of its fiscal quarterquarters ending on or after the Effective Date, to be greater than 4.00:1.00or equal to 3.00 to 1.00 for any such fiscal quarter.
Appears in 1 contract