Maximum Senior Secured Net Leverage Ratio. Commencing with the first full fiscal quarter ending after the Closing Date, permit the Senior Secured Net Leverage Ratio on the last day of any Test Period to exceed 3.00:1.00.
Appears in 3 contracts
Samples: Credit Agreement (B. Riley Financial, Inc.), Credit Agreement (B. Riley Financial, Inc.), Credit Agreement (B. Riley Financial, Inc.)
Maximum Senior Secured Net Leverage Ratio. Commencing with the first full fiscal quarter ending immediately after the Closing Dateissuance of a Qualified Offering, permit permit, as of the last day of any fiscal quarter, the Senior Secured Net Leverage Ratio on for any period of four consecutive fiscal quarters of the last day of any Test Period Parent Borrower, in each case taken as one accounting period, to exceed 3.00:1.00be greater than 2.00:1.00.
Appears in 2 contracts
Samples: Syndicated Facility Agreement (Civeo Corp), Syndicated Facility Agreement (Civeo Corp)
