Common use of Maximum Senior Leverage Ratio Clause in Contracts

Maximum Senior Leverage Ratio. The Company will not permit the ratio (the “Senior Leverage Ratio”), determined as of the end of each of its fiscal quarters ending on and after April 29, 2007, of (i) Consolidated Senior Indebtedness to (ii) Consolidated EBITDA for the period of 4 consecutive fiscal quarters ending with the end of such fiscal quarter, all calculated for the Company and its Subsidiaries on a consolidated basis, to be greater than 2.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Photronics Inc)

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Maximum Senior Leverage Ratio. The Company Borrower will not permit the ratio (the “Senior Leverage Ratio”), determined as of the end of each of its fiscal quarters ending on and after April 29March 31, 20072015, of (i) Consolidated Senior Indebtedness to (ii) Consolidated EBITDA for the period of 4 four (4) consecutive fiscal quarters ending with the end of such fiscal quarter, all calculated for the Company Borrower and its Subsidiaries on a consolidated basis, to be greater than 2.00 3.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Microchip Technology Inc)

Maximum Senior Leverage Ratio. The Company will not cause or permit the ratio (the “Consolidated Senior Leverage Ratio”), determined as “) of the end Consolidated Funded Indebtedness of each of its fiscal quarters ending on and after April 29, 2007, of (i) Consolidated Senior Indebtedness to (ii) Consolidated EBITDA for the period of 4 consecutive fiscal quarters ending with the end of such fiscal quarter, all calculated for the Company and its Subsidiaries at December 28, 2009 and at any Quarterly Date thereafter to the Consolidated EBITDA of the Company for the Reference Period ending on a consolidated basis, such Quarterly Date to be greater than 2.00 to 1.001.50:1.00.

Appears in 1 contract

Samples: Lease and License Financing and Purchase Option Agreement (Caribou Coffee Company, Inc.)

Maximum Senior Leverage Ratio. The Company Borrower will not permit the ratio (the “Senior Leverage Ratio”), determined as of the end of each of its fiscal quarters ending on and after April 2930, 20072008, of (i) Consolidated Senior Indebtedness to (ii) Consolidated EBITDA for the period of 4 four (4) consecutive fiscal quarters ending with the end of such fiscal quarter, all calculated for the Company Borrower and its Subsidiaries on a consolidated basis, to be greater than 2.00 1.75 to 1.001.0.

Appears in 1 contract

Samples: Credit Agreement (Adc Telecommunications Inc)

Maximum Senior Leverage Ratio. The Company will not permit the ratio (the “Senior Leverage Ratio”)ratio, determined as of the end of each of its fiscal quarters ending on and after April 29December 30, 20072006, of (i) Consolidated Senior Indebtedness Funded Debt to (ii) Consolidated EBITDA for the period of 4 four consecutive fiscal quarters ending with the end of such fiscal quarter, all calculated for the Company and its Subsidiaries on a consolidated basis, to be greater than 2.00 1.25 to 1.001.0.

Appears in 1 contract

Samples: Credit Agreement (International Rectifier Corp /De/)

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Maximum Senior Leverage Ratio. The Company Parent will not permit the ratio (the “Senior Leverage Ratio”), determined as of the end of each of its fiscal quarters ending on and after April 29September 30, 20072011, of (i) Consolidated Senior Indebtedness to (ii) Consolidated EBITDA for the period of 4 four (4) consecutive fiscal quarters ending with the end of such fiscal quarter, all calculated for the Company Parent and its Subsidiaries on a consolidated basis, to be greater than 2.00 2.75 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Vistaprint N.V.)

Maximum Senior Leverage Ratio. The Company Guarantor will not permit the ratio (the Senior Leverage Ratio), determined as of the end of each of its fiscal quarters ending on and after April 29, 2007, of (i) Consolidated Senior Indebtedness to (ii) Consolidated EBITDA for the period of 4 consecutive fiscal quarters ending with the end of such fiscal quarter, all calculated for the Company Guarantor and its Subsidiaries on a consolidated basis, to be greater than 2.00 to 1.00.

Appears in 1 contract

Samples: Guarantee Agreement (Photronics Inc)

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