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
Appears in 3 contracts
Samples: Credit Agreement (Malek Frederic V), Credit Agreement (Blum Capital Partners Lp), Credit Agreement (Fs Equity Partners Iii Lp)
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 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 PERIOD RATIO ------ ----- September 30, 2003 1.50:1.0 December 31, 2003 and thereafter 1.25:1.0
Appears in 3 contracts
Samples: Credit Agreement (Cb Richard Ellis Services Inc), Credit Agreement (Cb Richard Ellis Services Inc), Credit Agreement (Koll Donald M)
Maximum Senior Leverage Ratio. Permit As of the Senior Leverage Ratio on the last day end of any fiscal quarter during any period set forth below below, permit the Senior Leverage Ratio to be greater than the corresponding ratio set forth opposite such date or period below: Period Ratio ------ ----- September 30, 2001 2.50:1.0 Closing Date through December 31, 2001 2.00:1.0 March 312004 3.25 to 1.00 January 1, 2002 2005 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 1.25:1.02005 3.00 to 1.00 Thereafter 2.75 to 1.00
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