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Common use of Maximum Total Leverage Ratio Clause in Contracts

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio as of the end of any fiscal quarter ending on or after September 30, 2006, to be greater than the ratio set forth below opposite the fiscal quarter end: on or prior to December 31, 2008 7.00 to 1.0 thereafter but on or prior to December 31, 2010 6.75 to 1.0 after December 31, 2010 6.50 to 1.0

Appears in 2 contracts

Samples: Second Lien Credit Agreement (Hawkeye Holdings, Inc.), Second Lien Credit Agreement (Hawkeye Holdings, Inc.)

Maximum Total Leverage Ratio. Permit The Borrower shall maintain, on the last day of each fiscal quarter set forth below, a Total Leverage Ratio as of the end of any fiscal quarter ending on or after September 30, 2006, to be greater not more than the maximum ratio set forth below opposite the such fiscal quarter endquarter: on or prior to December October 31, 2007, January 31, 2008, April 30, 2008, July 31, 2008, October 31, 2008 7.00 and January 31, 2009 4.7 to 1.0 thereafter but on or prior to December 1 April 30, 2009, July 31, 2009, October 31, 2009 and January 31, 2010 6.75 4.2 to 1.0 after December 311 April 30, 2010 6.50 and each fiscal quarter thereafter 4.0 to 1.01

Appears in 2 contracts

Samples: Term Loan Agreement (Collective Brands, Inc.), Term Loan Agreement (Payless Shoesource Inc /De/)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio as of the end of any fiscal quarter ending on or after September 30, 2006, to be greater than the ratio set forth below opposite the fiscal quarter end: on or prior to December 31, 2008 7.00 6.50 to 1.0 thereafter but on or prior to December 31, 2010 6.75 6.00 to 1.0 after December 31, 2010 6.50 5.50 to 1.0

Appears in 2 contracts

Samples: First Lien Credit Agreement (Hawkeye Holdings, Inc.), First Lien Credit Agreement (Hawkeye Holdings, Inc.)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio Ratio, as of the end last day of any fiscal quarter ending on or after September 30, 2006during any period set forth in the table below, to be greater than exceed the ratio set forth below opposite such period in the fiscal quarter endtable below: on or prior to Closing Date through December 30, 2014 3.50:1.00 December 31, 2008 7.00 to 1.0 thereafter but on or prior to 2014 through June 29, 2015 3.25:1.00 June 30, 2015 through December 30, 2015 3.00:1.00 December 31, 2010 6.75 to 1.0 after December 312015 through September 29, 2010 6.50 to 1.02016 2.75:1.00 September 30, 2016 and thereafter 2.50:1.00

Appears in 2 contracts

Samples: Credit Agreement (ARC Group Worldwide, Inc.), Credit Agreement

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio as of the end last day of any fiscal quarter, commencing with the fiscal quarter ending on or after September 30December 31, 20062014, to be greater than exceed the ratio set forth below opposite the with respect to such fiscal quarter: Fiscal Quarter Maximum Total Leverage Ratio Fiscal quarter end: on or prior ending September 30, 2016 4.50 to 1.00 Fiscal quarter ending December 31, 2008 7.00 2016 4.50 to 1.0 thereafter but on or prior to December 1.00 Fiscal quarter ending March 31, 2010 6.75 2017 3.25 to 1.0 after December 311.00 Fiscal quarters ending June 30, 2010 6.50 2017 and thereafter 3.00 to 1.01.00

Appears in 1 contract

Samples: Credit Agreement

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio as of the end last day of any fiscal quarter, commencing with the fiscal quarter ending on or after September 30, 20062017,March 31, 2018, to be greater than exceed the ratio set forth below opposite the with respect to such fiscal quarter: Fiscal quarter end: on or prior ending September 30, 2017 5.50 to 1.00 Fiscal quarter ending December 31, 2008 7.00 2017 4.50 to 1.0 thereafter but on or prior to December 1.00 Fiscal quarter ending March 31, 2010 6.75 2018 4.505.50 to 1.0 after December 1.00 Fiscal quarters ending June 30, 2018March 31, 2010 6.50 2019 and thereafter 3.00 to 1.01.00

Appears in 1 contract

Samples: Credit Agreement (Willbros Group, Inc.\NEW\)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio as of the end last day of any fiscal quarter, commencing with the fiscal quarter ending on or after September 30, 20062012, to be greater than exceed the ratio set forth below opposite the with respect to such fiscal quarter: Fiscal Quarter Maximum Total Leverage Ratio Fiscal quarter end: on or prior ending September 30, 2012 5.50 to 1.00 Fiscal quarter ending December 31, 2008 7.00 2012 4.00 to 1.0 thereafter but on or prior to December 1.00 Fiscal quarter ending March 31, 2010 6.75 2013 3.25 to 1.0 after December 311.00 Fiscal quarter ending June 30, 2010 6.50 2013 3.00 to 1.01.00 Fiscal quarters ending September 30, 2013 and thereafter 2.75 to 1.00

Appears in 1 contract

Samples: Credit Agreement (Willbros Group, Inc.\NEW\)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio as of the end last day of any fiscal quarter, commencing with the fiscal quarter ending on or after September 30, 20062013, to be greater than exceed the ratio set forth below opposite the with respect to such fiscal quarter endquarter: on or prior to Fiscal Quarter Maximum Total Leverage Ratio Fiscal quarters ending September 30, 2013 and December 31, 2008 7.00 2013 4.00 to 1.0 thereafter but on or prior 1.00 Fiscal quarter ending March 31, 2014 3.50 to 1.00 Fiscal quarters ending June 30, 2014, September 30, 2014 and December 31, 2010 6.75 2014 3.00 to 1.0 after December 1.00 Fiscal quarters ending March 31, 2010 6.50 2015 and thereafter 2.75 to 1.01.00

Appears in 1 contract

Samples: Credit Agreement (Willbros Group, Inc.\NEW\)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio as of the end last day of any fiscal quarter, commencing with the fiscal quarter ending on or after September 30March 31, 20062018, to be greater than exceed the ratio set forth below opposite the with respect to such fiscal quarter: Fiscal Quarter Maximum Total Leverage Ratio Fiscal quarter end: on or prior ending March 31, 2018 5.50 to 1.00 Fiscal quarter ending June 30, 2018 4.50 to 1.00 Fiscal quarter ending September 30, 2018 4.25 to 1.00 Fiscal quarter ending December 31, 2008 7.00 2018 4.25 to 1.0 thereafter but on or prior to December 1.00 Fiscal quarters ending March 31, 2010 6.75 2019 and thereafter 3.00 to 1.0 after December 31, 2010 6.50 to 1.01.00

Appears in 1 contract

Samples: Credit Agreement (Willbros Group, Inc.\NEW\)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio as of the end last day of any fiscal quarter, commencing with the fiscal quarter ending on or after September 30December 31, 20062010, to be greater than exceed the ratio set forth below opposite the with respect to such fiscal quarter endquarter: on or prior to Fiscal quarters ending December 31, 2008 7.00 2010, March 31, 2011, June 30, 2011 and September 30, 2011 3.00 to 1.0 thereafter but on or prior to 1.00 Fiscal quarters ending December 31, 2010 6.75 2011, March 31, 2012, June 30, 2012 and September 30, 2012 2.75 to 1.0 after 1.00 Fiscal quarter ending December 31, 2010 6.50 2012 and each fiscal quarter thereafter 2.50 to 1.01.00

Appears in 1 contract

Samples: Credit Agreement (Willbros Group, Inc.\NEW\)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio Ratio, as of the end last day of any fiscal quarter ending on or after September 30, 2006during any period set forth in the table below, to be greater than exceed the ratio set forth below opposite such period in the fiscal quarter endtable below: on or prior to Effective Date through March 28, 2015 5.25:1.00 March 29, 2015 through June 29, 2015 5.00:1.00 June 30, 2015 through September 26, 2015 4.75:1.00 September 27, 2015 through December 3126, 2008 7.00 to 1.0 2015 4.50:1.00 December 27, 2015 through June 29, 2016 4.25:1.00 June 30, 2016 through December 24, 2016 4.00:1.00 December 25, 2016 and thereafter but on or prior to December 31, 2010 6.75 to 1.0 after December 31, 2010 6.50 to 1.03.50:1.00

Appears in 1 contract

Samples: Credit Agreement (ARC Group Worldwide, Inc.)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio as of the end of any fiscal quarter ending on or after September 30, 2006, period of four consecutive Fiscal Quarters of the Borrower set forth below to be greater than the ratio set forth below opposite the fiscal quarter endsuch period: on or prior to Period Maximum Total Leverage Ratio December 31, 2008 7.00 2019 6.00 to 1.0 thereafter but on or prior 1.00 March 31, 2020 5.75 to 1.00 June 30, 2020 5.75 to 1.00 September 30, 2020 5.75 to 1.00 December 31, 2010 6.75 2020 and thereafter 5.50 to 1.0 after December 31, 2010 6.50 to 1.01.00

Appears in 1 contract

Samples: Credit Agreement (Carriage Services Inc)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio as of the end last day of any each fiscal quarter ending on a date or after September 30, 2006, during a period set forth below to be greater than the ratio set forth below opposite the fiscal quarter endsuch period below: on or prior July 1, 2007 through December 31, 2007 6.25 to 1.00 January 1, 2008 through December 31, 2008 7.00 5.00 to 1.0 thereafter but on or prior 1.00 January 1, 2009 through December 31, 2009 4.25 to 1.00 January 1, 2010 through December 31, 2010 6.75 3.50 to 1.0 after December 31, 2010 6.50 1.00 Thereafter 3.00 to 1.01.00

Appears in 1 contract

Samples: Credit Agreement (Sun Healthcare Group Inc)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio as of at the end of any fiscal quarter ending on or after September 30, 2006, during a period set forth below to be greater than the ratio set forth below opposite the fiscal quarter endsuch period below: on or prior to December PERIOD RATIO ------------------------------------------- ------------ May 31, 2006 through February 28, 2008 7.00 3.00 to 1.0 thereafter but on or prior 1.00 February 29, 2008 through February 27, 2009 2.75 to December 311.00 February 28, 2009 through February 27, 2010 6.75 2.50 to 1.0 after December 311.00 February 28, 2010 6.50 through February 27, 2011 2.25 to 1.01.00 February 28, 2011 and thereafter 2.00 to 1.00

Appears in 1 contract

Samples: Credit Agreement (Corel Corp)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio as of the end of any fiscal quarter ending on or after September 30, 2006, period of four consecutive Fiscal Quarters of the Borrower to be greater than the ratio set forth below opposite such period: Four Consecutive Fiscal Quarter Period Ended Maximum Total Leverage Ratio September 30, 2022 5.25 to 1.00 From and after the fiscal quarter end: on or prior Third Amendment Effective Date through June 30, 2023 6.00 to 1.00 September 30, 2023 through December 31, 2008 7.00 2023 5.75 to 1.0 thereafter but on or prior to December 1.00 March 31, 2010 6.75 2024 through June 30, 2024 5.50 to 1.0 after December 31, 2010 6.50 to 1.01.00

Appears in 1 contract

Samples: Credit Agreement (Carriage Services Inc)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio Ratio, as of the end last day of any fiscal quarter ending on or after September 30, 2006Fiscal Quarter described in the matrix below, to be greater than exceed the ratio set forth below opposite the fiscal quarter endthat Fiscal Quarter: on or prior to December 31September 30, 2008 7.00 to 1.0 thereafter but on or prior to 2009 through December 31, 2010 6.75 to 1.0 after 7.25:1.00 March 31, 2011 7.00:1.00 June 30, 2011 6.75:1.00 September 30, 2011 6.50:1.00 December 31, 2010 6.50 to 1.02011 and thereafter 6.25:1.00

Appears in 1 contract

Samples: Loan Agreement (Mohegan Tribal Gaming Authority)

Maximum Total Leverage Ratio. Permit The Borrower will not permit the Total Leverage Ratio as of Ratio, on the end last day of any fiscal quarter ending on or after September 30, 2006during any period set forth below, to be greater than the ratio set forth below opposite the fiscal quarter endsuch period: on or prior to December 31, 2008 7.00 2015, through and including June 30, 2016 2.50 to 1.0 1.00 September 30, 2016, through and including June 30, 2017 2.25 to 1.00 September 30, 2017, and thereafter but on or prior 2.00 to December 31, 2010 6.75 to 1.0 after December 31, 2010 6.50 to 1.01.00

Appears in 1 contract

Samples: Credit Agreement (Mam Software Group, Inc.)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio as of at the end of any fiscal quarter ending on or after September 30, 2006, during a period set forth below to be greater than the ratio set forth below opposite the fiscal quarter endsuch period below: on or prior to December PERIOD RATIO ------ ----- May 31, 2006 through February 28, 2009 3.00 to 1.00 February 29, 2008 7.00 through February 27, 2009 2.75 to 1.0 thereafter but on or prior to December 311.00 February 28, 2009 through February 27, 2010 6.75 2.50 to 1.0 after December 311.00 February 28, 2010 6.50 through February 27, 2011 2.25 to 1.01.00 February 28, 2011 and thereafter 2.00 to 1.00

Appears in 1 contract

Samples: Credit Agreement (Corel Corp)