Common use of Maximum Senior Secured Leverage Ratio Clause in Contracts

Maximum Senior Secured Leverage Ratio. Permit the Borrower’s Senior Secured Leverage Ratio as of the last day of any Test Period to exceed 3.75:1.00.

Appears in 3 contracts

Samples: Credit Agreement (Cpi International, Inc.), Credit Agreement (Cpi International, Inc.), Credit Agreement (Cpi International, Inc.)

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Maximum Senior Secured Leverage Ratio. Permit Prior to the Borrower’s Investment Grade Date, permit the Senior Secured Leverage Ratio as of for the last day of any Test Period ending at any time after the Effective Date to exceed 3.75:1.003.25 to 1.0.

Appears in 2 contracts

Samples: Credit Agreement (Regency Energy Partners LP), Credit Agreement (Regency Energy Partners LP)

Maximum Senior Secured Leverage Ratio. Permit the Borrower’s Senior Secured Leverage Ratio as of the last day of Ratio, for any Test Period ending on or after March 31, 2010, to exceed 3.75:1.002.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Kendle International Inc)

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Maximum Senior Secured Leverage Ratio. Permit the Borrower’s Senior Secured Leverage Ratio as of the last day end of any Test Period period of four consecutive Fiscal Quarters of the Borrower to exceed 3.75:1.00be greater than 3.50 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Carriage Services Inc)

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