Maximum Senior Leverage Ratio. Permit the Senior 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 ------ ----- September [ ], 2003 to September 30, 2004 1.75 to 1.0 October 1, 2004 to September 30, 2005 1.50 to 1.0 October 1, 2005 and thereafter 1.25 to 1.0
Appears in 2 contracts
Samples: Credit Agreement (Amis Holdings Inc), Credit Agreement (Amis Holdings Inc)
Maximum Senior Leverage Ratio. Permit the Senior Leverage Ratio at any time during a period fiscal quarter set forth below to be greater than the ratio set forth opposite such period fiscal quarter below: Period Fiscal Quarter Ended in, or Closest to Ratio ------ --------------------- ----- September [ ], 2003 to 2001 1.00:1.00 December 2001 through June 2002 1.20:1.00 September 30, 2004 1.75 to 1.0 October 1, 2004 to September 30, 2005 1.50 to 1.0 October 1, 2005 2002 and thereafter 1.25 to 1.01.00:1.00
Appears in 1 contract
Samples: Credit Agreement (Fairchild Semiconductor International Inc)
Maximum Senior Leverage Ratio. Permit the Senior Leverage Ratio at any time as of the last day of each fiscal quarter ending on a date or during a period set forth below to be greater than the ratio set forth opposite such period below: Period Ratio ------ ----- September [ ], 2003 to September 30, 2004 1.75 to 1.0 October July 1, 2004 2007 through December 31, 2007 4.50 to September 30, 2005 1.50 to 1.0 October 1.00 January 1, 2005 and thereafter 1.25 2008 through December 31, 2008 3.50 to 1.01.00 January 1, 2009 through December 31, 2009 2.75 to 1.00 January 1, 2010 through December 31, 2010 2.50 to 1.00 Thereafter 2.00 to 1.00
Appears in 1 contract
Maximum Senior Leverage Ratio. Permit the Senior 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 ------ ----- --------- ----------- September [ ]26, 2003 to September 30, 2004 1.75 to 1.0 October 1, 2004 to September 30, 2005 1.50 to 1.0 October 1, 2005 and thereafter 1.25 to 1.0
Appears in 1 contract
Samples: Credit Agreement (Amis Holdings Inc)
Maximum Senior Leverage Ratio. Permit the Senior Leverage Ratio at any time during of Borrower on a Consolidated Basis, measured for each period set forth below of four consecutive fiscal quarters on each Measurement Date, to be greater than the ratio set forth opposite such below for the corresponding period belowat any time: Period Ratio ------ ----- September [ ], 2003 to Closing Date through September 30, 2004 1.75 to 1.0 October 12017 4.00:1.00 December 31, 2004 to 2017 through March 31, 2018 3.75:1.00 June 30, 2018 through September 30, 2005 1.50 to 1.0 October 12018 3.50:1.00 December 31, 2005 2018 through March 31, 2019 3.25:1.00 June 30, 2019 and thereafter 1.25 to 1.03.00:1.00
Appears in 1 contract
Samples: Securities Purchase Agreement and Security Agreement (Fusion Telecommunications International Inc)
Maximum Senior Leverage Ratio. Permit the Senior Leverage Ratio at any time during of Borrower on a Consolidated Basis, measured for each period set forth below of four consecutive fiscal quarters on each Measurement Date, to be greater than the ratio set forth opposite such below for the corresponding period belowat any time: Period Ratio ------ ----- September [ ], 2003 to Closing Date through September 30, 2004 1.75 to 1.0 October 12017 3.50:1.00 December 31, 2004 to 2017 through March 31, 2018 3.25:1.00 June 30, 2018 through September 30, 2005 1.50 to 1.0 October 12018 3.00:1.00 December 31, 2005 2018 through March 31, 2019 2.75:1.00 June 30, 2019 and thereafter 1.25 to 1.02.50:1.00
Appears in 1 contract
Samples: Credit Agreement (Fusion Telecommunications International Inc)
Maximum Senior Leverage Ratio. Permit the Senior Leverage Ratio at any time as of the last day of each fiscal quarter ending on a date or during a period set forth below to be greater than the ratio set forth opposite such period below: Period Ratio ------ ----- September [ ]July 1, 2003 2007 through December 31, 2007 4.50 to September 1.00 January 1, 2008 through December 31, 2008 3.50 to 1.00 January 1, 2009 through December 31, 2009 2.75 to 1.00 January 1, 2010 through June 30, 2004 1.75 2011 2.50 to 1.0 October 1.00 July 1, 2004 2011 through December 31, 2011 2.25 to September 30, 2005 1.50 1.00 Thereafter 2.00 to 1.0 October 1, 2005 and thereafter 1.25 to 1.01.00
Appears in 1 contract