Maximum Net Leverage Ratio. The Company will not permit the ratio, determined as of the end of each of its Fiscal Quarters, of (i) Net Consolidated Debt as of the last day of such Fiscal Quarter to (ii) Consolidated EBITDA for the period of four (4) consecutive Fiscal Quarters ending with the end of such Fiscal Quarter to exceed 4.00 to 1.00.
Appears in 2 contracts
Samples: Credit Agreement (Masco Corp /De/), Credit Agreement (Masco Corp /De/)
Maximum Net Leverage Ratio. The Company will not permit the ratioratio (the “Net Leverage Ratio”), determined as of the end of each of its Fiscal Quartersfiscal quarters set forth below, of (ix) Consolidated Net Consolidated Debt as of the last day of such Fiscal Quarter Indebtedness to (iiy) Consolidated EBITDA for the period of four (4) consecutive Fiscal Quarters fiscal quarters ending with the end of such Fiscal Quarter fiscal quarter, all calculated for the Company and its Subsidiaries on a consolidated basis, to exceed 4.00 to 1.00.be greater than:
Appears in 2 contracts
Samples: Credit Agreement (LKQ Corp), Credit Agreement (LKQ Corp)
Maximum Net Leverage Ratio. The Company will not permit the ratioratio (the “Net Leverage Ratio”), determined as of the end of each of its Fiscal Quartersfiscal quarters ending on and after March 31, 2016, of (ix) Consolidated Net Consolidated Debt as of the last day of such Fiscal Quarter Indebtedness to (iiy) Consolidated EBITDA for the period of four (4) consecutive Fiscal Quarters fiscal quarters ending with the end of such Fiscal Quarter fiscal quarter, all calculated for the Company and its Subsidiaries on a consolidated basis, to exceed 4.00 to 1.00.be greater than:
Appears in 2 contracts
Samples: Assignment and Assumption (LKQ Corp), Credit Agreement (LKQ Corp)
Maximum Net Leverage Ratio. The Company will not permit the ratioratio (the “Net Leverage Ratio”), determined as of the end of each of its Fiscal Quartersfiscal quarters ending on and after June 30, 2013, of (i) Consolidated Net Consolidated Debt as of the last day of such Fiscal Quarter Indebtedness to (ii) Consolidated EBITDA for the period of four (4) consecutive Fiscal Quarters ending with the end of such Fiscal Quarter to exceed 4.00 to 1.00.four
Appears in 1 contract
Samples: And Restatement Agreement (LKQ Corp)
Maximum Net Leverage Ratio. The Company will not permit the ratioratio (the “Net Leverage Ratio”), determined as of the end of each of its Fiscal Quartersfiscal quarters ending on and after March 31, 0000xxx xxxxx xxxxx, of (ix) Consolidated Net Consolidated Debt as of the last day of such Fiscal Quarter Indebtedness to (iiy) Consolidated EBITDA for the period of four (4) consecutive Fiscal Quarters fiscal quarters ending with the end of such Fiscal Quarter fiscal quarter, all calculated for the Company and its Subsidiaries on a consolidated basis, to exceed 4.00 to 1.00.be greater than:
Appears in 1 contract
Samples: Credit Agreement (LKQ Corp)
