Maximum Secured Debt Leverage Ratio Sample Clauses

Maximum Secured Debt Leverage Ratio. Maintain at all times a Secured Debt Leverage Ratio of not greater than 40%.
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Maximum Secured Debt Leverage Ratio. Maintain as of each Test Date occurring during any of the periods indicated below, a Secured Debt Leverage Ratio of not greater than the correlative ratio indicated:
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Maximum Secured Debt Leverage Ratio. Maintain (A) at the end of each fiscal quarter of the Parent Guarantor and (B) on the date of each Advance and the issuance or renewal of any Letter of Credit (both before and after giving effect to such Advance), a Secured Debt Leverage Ratio not greater than 60.0%.
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Maximum Secured Debt Leverage Ratio. Maintain at the end of each fiscal quarter of the Parent Guarantor, a Secured Debt Leverage Ratio not greater than 40.0%, provided that the Parent Guarantor shall have the right to maintain a Secured Debt Leverage Ratio of greater than 40.0% but less than or equal to 45.0% for up to four consecutive quarters of the Parent Guarantor during the term of the Facility following any acquisition of one or more Assets.
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Maximum Secured Debt Leverage Ratio. Maintain at the end of each fiscal quarter of the Parent Guarantor, a Secured Debt Leverage Ratio not greater than 40.0%, provided that the Parent Guarantor shall have the right to maintain a Secured Debt Leverage Ratio of greater than 40.0% but less than or equal to 45.0% for up to four consecutive fiscal quarters of the Parent Guarantor following an acquisition of one or more Assets for a purchase price and other consideration in an amount not less than 5.0% of Total Asset Value. (e) Section 11.1(d) is deleted in its entirety. (f) Section 11.2(a) is amended and restated, as follows:
Sample 1
Maximum Secured Debt Leverage Ratio. Unencumbered EBITDA -------------------------------------------------------- Ratio. (a) Holdings and the Borrower will not permit the Secured Debt Leverage ----- Ratio at any time during a period set forth below to be greater than the ratio set forth opposite such period below: Period Ratio ------ ----- Effective Date through but not including the last day of Holdings' fiscal quarter ending closest to June 30, 1999 0.57:1.00 The last day of Holdings' fiscal quarter ending closest to June 30, 1999 through but not including the last day of Holdings' fiscal quarter ending closest to September 30, 1999 0.525:1.00 The last day of Holdings' fiscal quarter ending closest to September 30, 1999 through but not including the last day of Holdings' fiscal quarter ending closest to December 31, 1999 0.50:1.00 The last day of Holdings' fiscal quarter ending closest to December 31, 1999 through but not including the last day of Holdings' fiscal quarter ending closest to December 31, 2000 0.45:1.00 The last day of Holdings' fiscal quarter ending closest to December 31, 2000 through but not including the last day of Holdings' fiscal quarter ending closest to December 31, 2001 0.425:1.00 Thereafter 0.40:1.00 provided, that notwithstanding anything to the contrary contained above in this -------- Section 9.12(a), in the event that $2,200,000,000 of Indebtedness, other than the Obligations hereunder, the Senior Notes and the Existing HMH Notes, are secured pursuant to the Pledge and Security Agreement, then the ratio set forth above opposite the period labeled "Thereafter" shall no longer be applicable, and Holdings and the Borrower in lieu thereof will not permit the Secured Debt Leverage Ratio at any time during a period set forth below to be greater than the ratio set forth opposite such period below: Period Ratio ------ ----- The last day of Holdings' fiscal quarter ending closest to September 30, 2001 through but not including the last day of Holdings' fiscal quarter ending closest to September 30, 2002 0.375:1.00 Thereafter 0.35:1.00
Sample 1

Related to Maximum Secured Debt Leverage Ratio

  • Maximum Secured Leverage Ratio As of the last day of any fiscal quarter, the Secured Leverage Ratio to exceed forty percent (40%);

  • Maximum Leverage Ratio The Borrower will not permit the Leverage Ratio as of the end of any fiscal quarter to be greater than 0.55 to 1.00.

  • Maximum Senior Leverage Ratio Permit the Senior Leverage Ratio on the last day of any fiscal quarter during any period set forth below to be greater than the ratio set forth opposite such date or period below: Period Ratio ------ ----- September 30, 2001 2.50:1.0 December 31, 2001 2.00:1.0 March 31, 2002 through June 30, 2002 2.50:1.0 September 30, 2002 2.00:1.0 December 31, 2002 1.50:1.0 March 31, 2003 through June 30, 2003 2.00:1.0 September 30, 2003 1.50:1.0 December 31, 2003 and thereafter 1.25:1.0

  • Maximum Total Leverage Ratio The Borrower shall maintain, on the last day of each fiscal quarter set forth below, a Total Leverage Ratio of not more than the maximum ratio set forth below opposite such fiscal quarter: October 31, 2007, January 31, 2008, April 30, 2008, July 31, 2008, October 31, 2008 and January 31, 2009 4.7 to 1 April 30, 2009, July 31, 2009, October 31, 2009 and January 31, 2010 4.2 to 1 April 30, 2010 and each fiscal quarter thereafter 4.0 to 1

  • Leverage Ratio The Borrower will not permit the Leverage Ratio to exceed 4.50 to 1.0 on the last day of any Fiscal Quarter.

  • Maximum Consolidated Leverage Ratio The Consolidated Leverage Ratio at any time may not exceed 0.75 to 1.00; and

  • Secured Leverage Ratio Permit the Secured Leverage Ratio, as of the last day of any fiscal quarter of the Consolidated Group, to be greater than forty percent (40%), or, for a period of four consecutive fiscal quarters following a Material Acquisition, forty-five percent (45%).

  • Cash Flow Leverage Ratio The Borrower will not permit the Cash Flow Leverage Ratio on the last day of any fiscal quarter to exceed 3.50 to 1.00.

  • Total Leverage Ratio The Borrowers will not permit the Total Leverage Ratio on the last day of any fiscal quarter to exceed 3.75 to 1.00.

  • Total Net Leverage Ratio Holdings and its Restricted Subsidiaries, on a consolidated basis, shall not permit the Total Net Leverage Ratio on the last day of any Test Period to exceed the ratio set forth below opposite the last day of such Test Period:

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