Maximum Senior Secured Net Leverage Ratio. The Borrower will not permit the Senior Secured Net Leverage Ratio, determined as of the end of each of its fiscal quarters ending on and after December 31, 2016, to be greater than 2.50 to 1.00.
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Samples: Credit Agreement (Eagle Pharmaceuticals, Inc.), Credit Agreement (Eagle Pharmaceuticals, Inc.)
Maximum Senior Secured Net Leverage Ratio. The Borrower will not permit the Senior Secured Net Leverage Ratio, determined as of the end last day of each any fiscal quarter of its fiscal quarters ending on and the Borrower ended after December 31, 2016, the Effective Date to be greater than 2.50 3.00 to 1.00.
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Maximum Senior Secured Net Leverage Ratio. The Borrower will not permit the Senior Secured Net Leverage Ratio, determined as of the end last day of each any fiscal quarter of its fiscal quarters ending on and the Borrower ended after December 31, 2016, the Effective Date to be greater than 2.50 3.50 to 1.00.
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Samples: Credit Agreement (Harmony Biosciences Holdings, Inc.)
Maximum Senior Secured Net Leverage Ratio. The Borrower will shall not permit the Senior Secured Net Leverage Ratio, determined Ratio as of the end last day of each of its fiscal quarters ending on and after December 31, 2016, any Fiscal Quarter to be greater than 2.50 3.25:1.00 (which ratio will be increased by 0.5x to 1.003.75:1.00 for the four (4) consecutive Fiscal Quarters following a Material Acquisition), which shall be calculated and tested on the last day of each Fiscal Quarter on a trailing four (4) Fiscal Quarter basis.
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Samples: Credit Agreement (Imax Corp)
Maximum Senior Secured Net Leverage Ratio. The Borrower will not As of any fiscal quarter end, permit the Consolidated Senior Secured Net Leverage Ratio, determined as of the end of each of its fiscal quarters ending on and after December 31, 2016, Ratio to be greater than 2.50 or equal to 1.003.00:1.00.
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Maximum Senior Secured Net Leverage Ratio. The Borrower will not permit the Senior Secured Net Leverage Ratio, determined as of the end of each of its fiscal quarters ending on and after December 31, 2016the Effective Date, to be greater than 2.50 (a) prior to the fiscal quarter ending November 24, 2018, 3.50 to 1.00 and (b) on and after the fiscal quarter ending November 24, 2018, 3.25 to 1.00.
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