Common use of Maximum Senior Secured Leverage Ratio Clause in Contracts

Maximum Senior Secured Leverage Ratio. The Borrower shall not permit the Senior Secured Leverage Ratio as of the end of any fiscal quarter to be greater than 3.00 to 1.00. The Senior Secured Leverage Ratio shall be calculated as of the last day of each fiscal quarter based upon (i) for Indebtedness, as of the last day of each such fiscal quarter and (ii) for Consolidated EBITDA, the actual amount for the four-quarter period ending on such day; and

Maximum Senior Secured Leverage Ratio. The Borrower shall Company will not permit the ratio (the “Senior Secured Leverage Ratio Ratio”), determined as of the end of any each of its fiscal quarter quarters ending on and after June 30, 2017, of (i) Consolidated Senior Secured Indebtedness to (ii) Consolidated EBITDA for the period of four (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 3.00 3.25 to 1.00. The Senior Secured Leverage Ratio shall be calculated as of the last day of each fiscal quarter based upon (i) for Indebtedness, as of the last day of each such fiscal quarter and (ii) for Consolidated EBITDA, the actual amount for the four-quarter period ending on such day; and.

Maximum Senior Secured Leverage Ratio. The Borrower shall will not permit the Senior Secured Leverage Ratio Ratio, determined as of the end of any each of its fiscal quarter quarters ending after the Effective Date for the period of 4 consecutive fiscal quarters ending with the end of such fiscal quarter, to be greater than 3.00 3.0 to 1.00. The Senior Secured Leverage Ratio shall be calculated as of the last day of each fiscal quarter based upon (i) for Indebtedness, as of the last day of each such fiscal quarter and (ii) for Consolidated EBITDA, the actual amount for the four-quarter period ending on such day; and1.0.

Maximum Senior Secured Leverage Ratio. The Borrower shall will not permit the Senior Secured Leverage Ratio Ratio, determined as of the end of any each of its fiscal quarter quarters ending on and after December 31, 2005 for the period of 4 consecutive fiscal quarters ending with the end of such fiscal quarter, to be greater than 3.00 3.75 to 1.00. The Senior Secured Leverage Ratio shall be calculated as of the last day of each fiscal quarter based upon (i) for Indebtedness, as of the last day of each such fiscal quarter and (ii) for Consolidated EBITDA, the actual amount for the four-quarter period ending on such day; and1.0.

Maximum Senior Secured Leverage Ratio. The Borrower shall will not permit the ratio (the “Senior Secured Leverage Ratio Ratio”), determined as of the end of any fiscal quarter each of its Fiscal Quarters, of (i) Consolidated Senior Secured Indebtedness to (ii) Consolidated EBITDA for the period of the then most-recently ended four (4) consecutive Fiscal Quarters, all calculated for the Consolidated Financial Covenant Entities on a consolidated basis, to be greater than 3.00 3.50 to 1.00. The Senior Secured Leverage Ratio shall be calculated as of the last day of each fiscal quarter based upon (i) for Indebtedness, as of the last day of each such fiscal quarter and (ii) for Consolidated EBITDA, the actual amount for the four-quarter period ending on such day; and.

Maximum Senior Secured Leverage Ratio. The Borrower shall will not permit the ratio (the “Senior Secured Leverage Ratio Ratio”), determined as of the end of any fiscal quarter each of its Fiscal Quarters, of (i) Consolidated Senior Secured Net Indebtedness to (ii) Consolidated EBITDA for the period of the then most-recently ended four (4) consecutive Fiscal Quarters, all calculated for the Consolidated Financial Covenant Entities on a consolidated basis, to be greater than 3.00 3.50 to 1.00. The Senior Secured Leverage Ratio shall be calculated as of the last day of each fiscal quarter based upon (i) for Indebtedness, as of the last day of each such fiscal quarter and (ii) for Consolidated EBITDA, the actual amount for the four-quarter period ending on such day; and.

Maximum Senior Secured Leverage Ratio. The Borrower shall will not permit the ratio (the “Senior Secured Leverage Ratio Ratio”), determined as of the end of any each of its fiscal quarter quarters ending on and after September 30, 2012, of (i) Consolidated Senior Secured Indebtedness to (ii) Consolidated EBITDA for the period of four (4) consecutive fiscal quarters ending with the end of each such fiscal quarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be greater than 3.00 2.50 to 1.00. The Senior Secured Leverage Ratio shall be calculated as of the last day of each fiscal quarter based upon (i) for Indebtedness, as of the last day of each such fiscal quarter and (ii) for Consolidated EBITDA, the actual amount for the four-quarter period ending on such day; and.

Maximum Senior Secured Leverage Ratio. The Borrower shall will not permit the ratio (the “Senior Secured Leverage Ratio Ratio”), determined as of the end of any each of its fiscal quarter quarters ending on and after September 30, 2011, of (i) Consolidated Senior Secured Indebtedness to (ii) Consolidated EBITDA for the period of four (4) consecutive fiscal quarters ending with the end of such fiscal quarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be greater than 3.00 2.00 to 1.00. The Senior Secured Leverage Ratio shall be calculated as of the last day of each fiscal quarter based upon (i) for Indebtedness, as of the last day of each such fiscal quarter and (ii) for Consolidated EBITDA, the actual amount for the four-quarter period ending on such day; and.

Maximum Senior Secured Leverage Ratio. The Borrower shall will not permit the ratio (the “Senior Secured Leverage Ratio Ratio”), determined as of the end of any each of its fiscal quarter quarters ending on and after January 2, 2012, of (i) Consolidated Senior Secured Indebtedness to (ii) Consolidated EBITDA for the period of four (4) consecutive fiscal quarters ending with the end of such fiscal quarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be greater than 3.00 2.00 to 1.00. The Senior Secured Leverage Ratio shall be calculated as of the last day of each fiscal quarter based upon (i) for Indebtedness, as of the last day of each such fiscal quarter and (ii) for Consolidated EBITDA, the actual amount for the four-quarter period ending on such day; and.

Maximum Senior Secured Leverage Ratio. The Borrower shall will not permit the Senior Secured Leverage Ratio Ratio, determined as of the end of any each of its fiscal quarter quarters ending after the Original Effective Date for the period of 4 consecutive fiscal quarters ending with the end of such fiscal quarter, to be greater than 3.00 3.0 to 1.00. The Senior Secured Leverage Ratio shall be calculated as of the last day of each fiscal quarter based upon (i) for Indebtedness, as of the last day of each such fiscal quarter and (ii) for Consolidated EBITDA, the actual amount for the four-quarter period ending on such day; and1.0.