Common use of Maximum Senior Secured Leverage Ratio Clause in Contracts

Maximum Senior Secured Leverage Ratio. On the last day of any fiscal quarter (commencing with the first full fiscal quarter ending after the Closing Date), the Borrower shall not permit the Senior Secured Leverage Ratio to be greater than (a) 5.25:1.00 as of the last day of each such fiscal quarter ending before Xxxxx 00, 0000, (x) 4.75:1.00 as of the last day of each such fiscal quarter ending on or after March 31, 2019 and (c) 4.25:1.00 as of the last day of each such fiscal quarter ending on or after March 31, 2020.

Maximum Senior Secured Leverage Ratio. On Permit the Senior Secured Leverage Ratio on the last day of any fiscal quarter (commencing with the first full fiscal quarter ending after the Closing Date), the Borrower shall not permit the Senior Secured Leverage Ratio during any period set forth below to be greater than (a) 5.25:1.00 as of the last day of each ratio set forth opposite such fiscal quarter ending before Xxxxx 00, 0000, (x) 4.75:1.00 as of the last day of each such fiscal quarter ending on date or after period below: Date or Period Ratio March 31, 2019 and (c) 4.25:1.00 as of the last day of each such fiscal quarter ending on or after 2004 through June 30, 2004 1.75:1.00 September 30, 2004 1.50:1.00 December 31, 2004 1.00:1.00 March 31, 2020.2005 through June 30, 2005 1.50:1.00 September 30, 2005 and thereafter 1.25:1.00

Maximum Senior Secured Leverage Ratio. On Permit the Senior Secured Leverage Ratio on the last day of any fiscal quarter (commencing with the first full fiscal quarter ending after the Closing Date), the Borrower shall not permit the Senior Secured Leverage Ratio during any period set forth below to be greater than (a) 5.25:1.00 as of the last day of each ratio set forth opposite such fiscal quarter ending before Xxxxx 00date or period below: Date or Period Ratio September 30, 00002003 1.75:1.00 December 31, (x) 4.75:1.00 as of the last day of each such fiscal quarter ending on or after 2003 1.25:1.00 March 31, 2019 and (c) 4.25:1.00 as of the last day of each such fiscal quarter ending on or after 2004 through June 30, 2004 1.75:1.00 September 30, 2004 1.50:1.00 December 31, 2004 1.00:1.00 March 31, 2020.2005 through June 30, 2005 1.50:1.00 September 30, 2005 and thereafter 1.25:1.00