Common use of Maximum Senior Secured Leverage Ratio Clause in Contracts

Maximum Senior Secured Leverage Ratio. Permit the Senior Secured Leverage Ratio, at the last day of any Test Period during any period set forth in the table below, to exceed the ratio set forth opposite such period in the table below: Test Period Senior Leverage Ratio July 1, 2006 - December 31, 2006 1.50 to 1.0 January 1, 2007 - June 30, 2007 1.75 to 1.0 July 1, 2007 - December 31, 2007 1.50 to 1.0 January 1, 2008 - September 30, 2008 1.25 to 1.0 October 1, 2008 - December 31, 2009 1.40 to 1.0 January 1, 2010 and thereafter 1.25 to 1.0”

Appears in 1 contract

Samples: Jacobs Entertainment Inc

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Maximum Senior Secured Leverage Ratio. Permit the Senior Secured Leverage Ratio, at the last day of any Test Period during any period set forth in the table below, to exceed the ratio set forth opposite such period in the table below: Test Period Senior Leverage Ratio July 1, 2006 - 2006—December 31, 2006 1.50 to 1.0 January 1, 2007 - 2007—June 30, 2007 1.75 to 1.0 July 1, 2007 - 2007—December 31, 2007 1.50 to 1.0 January 1, 2008 - September 302008—December 31, 2008 1.25 to 1.0 October January 1, 2008 - 2009—December 31, 2009 1.40 to 1.0 January 1, 2010—June 30, 2010 1.50 to 1.0 July 1, 2010—December 31, 2010 1.40 to 1.0 January 1, 2011—June 30, 2011 1.30 to 1.0 July 1, 2011 and thereafter 1.25 to 1.0

Appears in 1 contract

Samples: Credit Agreement (Jacobs Entertainment Inc)

Maximum Senior Secured Leverage Ratio. Permit the Senior Secured Leverage Ratio, at the last day of any Test Period during any period set forth in the table below, to exceed the ratio set forth opposite such period in the table below: . Test Period Senior Leverage Ratio July 1, 2006 - December 31, 2006 1.50 to 1.0 January 1, 2007 - June 30, 2007 1.75 to 1.0 July 1, 2007 - December 31, 2007 1.50 to 1.0 January 1, 2008 - September 30December 31, 2008 1.25 to 1.0 October 1, 2008 - December 31, 2009 1.40 to 1.0 January 1, 2010 2009 and thereafter 1.25 1.00 to 1.0

Appears in 1 contract

Samples: Jacobs Entertainment Inc

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Maximum Senior Secured Leverage Ratio. Permit the Senior Secured Leverage Ratio, at the last day of any Test Period during any period set forth in the table below, to exceed the ratio set forth opposite such period in the table below: Test Period Senior Leverage Ratio July 1, 2006 - December 31, 2006 1.50 to 1.0 January 1, 2007 - June 30, 2007 1.75 to 1.0 July 1, 2007 - December 31, 2007 1.50 to 1.0 January 1, 2008 - September 30December 31, 2008 1.25 to 1.0 October January 1, 2008 2009 - December 31, 2009 1.40 to 1.0 January 1, 2010 - June 30, 2010 1.50 to 1.0 July 1, 2010 - December 31, 2010 1.40 to 1.0 January 1, 2011 - June 30, 2011 1.30 to 1.0 July 1, 2011 and thereafter 1.25 to 1.0

Appears in 1 contract

Samples: Credit Agreement (Jacobs Entertainment Inc)

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