Maximum Net Leverage Ratio. The Borrower will not permit, as of the last day of each fiscal quarter, beginning with the fiscal quarter ending December 31, 2019, the Net Leverage Ratio to exceed 3.50 to 1.00.
Appears in 2 contracts
Samples: Credit Agreement (Northern Oil & Gas, Inc.), Credit Agreement (Northern Oil & Gas, Inc.)
Maximum Net Leverage Ratio. The Borrower will not permit, as of the last day of each fiscal quarter, beginning with the fiscal quarter ending December 31, 2019, the Net Leverage Ratio to exceed 3.50 3.75 to 1.00.
Appears in 2 contracts
Samples: Credit Agreement (Northern Oil & Gas, Inc.), Credit Agreement
Maximum Net Leverage Ratio. The Borrower will not permit, as of the last day of each fiscal quarter, beginning with the fiscal quarter ending December 31, 20192018, the Net Leverage Ratio to exceed 3.50 4.00 to 1.00.
Appears in 1 contract
Maximum Net Leverage Ratio. The Borrower will not permit, as of the last day of each fiscal quarter, beginning with the fiscal quarter ending December March 31, 20192022, the Net Leverage Ratio to exceed 3.50 to 1.00.
Appears in 1 contract
