Common use of Maximum Total Leverage Ratio Clause in Contracts

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, as of the last day of any Test Period ending during any period in the table below, to exceed the ratio set forth opposite such period in the table below: Test Period Leverage Ratio Closing Date - March 31, 2007 4.00 to 1.0 April 1, 2007 - June 30, 2007 3.75 to 1.0 July 1, 2007 - September 30, 2007 3.40 to 1.0 October 1, 2007 - March 31, 2008 3.00 to 1.0 April 1, 2008 - September 30, 2008 2.50 to 1.0 October 1, 2008 - June 30, 2009 2.00 to 1.0 July 1, 2009 - December 31, 2009 1.25 to 1.0 January 1, 2010 and thereafter 1.00 to 1.0

Appears in 1 contract

Samples: Credit Agreement (On Assignment Inc)

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Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, as of the last day of any Test Period ending during any period on or about the dates set forth in the table below, to exceed the ratio set forth opposite such period Test Period in the table belowsuch table: Test Period Total Leverage Ratio Closing Date - June 30, 2011 5.00 to 1.0 September 30, 2011 4.75 to 1.0 December 31, 2011 4.50 to 1.0 March 31, 2007 2012 4.50 to 1.0 June 30, 2012 4.25 to 1.0 September 30, 2012 4.00 to 1.0 April 1December 31, 2007 - 2012 3.75 to 1.0 March 31, 2013 3.50 to 1.0 June 30, 2007 3.75 2013 3.25 to 1.0 July 1, 2007 - September 30, 2007 3.40 to 1.0 October 1, 2007 - March 31, 2008 2013 and thereafter 3.00 to 1.0 April 1, 2008 - September 30, 2008 2.50 to 1.0 October 1, 2008 - June 30, 2009 2.00 to 1.0 July 1, 2009 - December 31, 2009 1.25 to 1.0 January 1, 2010 and thereafter 1.00 to 1.0

Appears in 1 contract

Samples: Credit Agreement (Rovi Corp)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, as of the last day of any Test Period ending during any period in the table below, to exceed the ratio set forth opposite such period Test Period in the table below: Test Period Leverage Ratio Closing Date - September 30, 2012 4.00 to 1.00 December 31, 2012 3.85 to 1.00 March 31, 2007 4.00 2013 3.85 to 1.0 April 1, 2007 - 1.00 June 30, 2007 2013 3.75 to 1.0 July 1, 2007 - 1.00 September 30, 2007 3.40 2013 3.60 to 1.0 October 11.00 December 31, 2007 - 2013 3.25 to 1.00 March 31, 2008 3.00 2014 3.10 to 1.0 April 11.00 June 30, 2008 - 2014 2.95 to 1.00 September 30, 2008 2.50 2014 2.80 to 1.0 October 11.00 December 31, 2008 - 2014 2.45 to 1.00 March 31, 2015 2.30 to 1.00 June 30, 2009 2015 2.15 to 1.00 September 30, 2015 and thereafter 2.00 to 1.0 July 1, 2009 - December 31, 2009 1.25 to 1.0 January 1, 2010 and thereafter 1.00 to 1.01.00

Appears in 1 contract

Samples: Credit Agreement (AP Gaming Holdco, Inc.)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, as of the last day of any Test Period ending during any period on the date set forth in the table below, to exceed the ratio set forth opposite such period Test Period end date in the table below: Test Period End Date Total Leverage Ratio Closing Date - June 30, 2010 5.35 to 1.0 September 30, 2010 5.35 to 1.0 December 31, 2010 5.35 to 1.0 March 31, 2007 2011 5.25 to 1.0 June 30, 2011 5.00 to 1.0 September 30, 2011 5.00 to 1.0 December 31, 2011 4.75 to 1.0 March 31, 2012 4.75 to 1.0 June 30, 2012 4.50 to 1.0 September 30, 2012 4.25 to 1.0 112 Test Period End Date Total Leverage Ratio December 31, 2012 4.25 to 1.0 March 31, 2013 4.00 to 1.0 April 1, 2007 - June 30, 2007 2013 4.00 to 1.0 September 30, 2013 3.75 to 1.0 July 1December 31, 2007 - 2013 3.75 to 1.0 March 31, 2014 3.50 to 1.0 June 30, 2014 3.50 to 1.0 September 30, 2007 3.40 2014 3.50 to 1.0 October 1, 2007 - March 31, 2008 3.00 to 1.0 April 1, 2008 - September 30, 2008 2.50 to 1.0 October 1, 2008 - June 30, 2009 2.00 to 1.0 July 1, 2009 - December 31, 2009 1.25 to 1.0 January 1, 2010 and thereafter 1.00 2014 3.50 to 1.0

Appears in 1 contract

Samples: Credit Agreement (BioScrip, Inc.)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, as of at the last day of any Test Period ending during any period set forth in the table below, to exceed the ratio set forth opposite such period in the table below: Test Period Leverage Ratio Closing Date - March July 1, 2006—December 31, 2007 4.00 2006 6.50 to 1.0 April January 1, 2007 - 2007—June 30, 2007 3.75 6.75 to 1.0 July 1, 2007 - September 302007—December 31, 2007 3.40 6.50 to 1.0 October January 1, 2007 - March 2008—December 31, 2008 3.00 6.25 to 1.0 April January 1, 2008 - September 302009—December 31, 2008 2.50 2009 6.00 to 1.0 October January 1, 2008 - 2010—June 30, 2009 2.00 2011 6.00 to 1.0 July 1, 2009 - 2011—December 31, 2009 1.25 2011 5.75 to 1.0 January 1, 2010 2012 and thereafter 1.00 5.50 to 1.0

Appears in 1 contract

Samples: Credit Agreement (Jacobs Entertainment Inc)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, as of at the last day end of any Test Period ending during any period set forth in the table below, to exceed the ratio set forth opposite such period in the table below: Test Period Leverage Ratio Closing Date - March 31, 2007 4.00 to 1.0 April 1, 2007 - June 30, 2007 3.75 to 1.0 July 1, 2007 - through September 30, 2007 3.40 6.50 to 1.0 October 1, 2007 - March 31through June 30, 2008 3.00 6.25 to 1.0 April July 1, 2008 - through September 30, 2008 2.50 6.00 to 1.0 October 1, 2008 - June 30through December 31, 2009 2.00 2008 5.50 to 1.0 July January 1, 2009 - through December 31, 2009 1.25 4.00 to 1.0 January 1, 2010 through December 31, 2010 3.25 to 1.0 January 1, 2011 through December 31, 2011 2.25 to 1.0 January 1, 2012 and thereafter 1.00 2.00 to 1.0

Appears in 1 contract

Samples: Credit Agreement (Itron Inc /Wa/)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, as of the last day end of any Test Period ending during any period set forth in the table below, to exceed the ratio set forth opposite such period in the table below: Test Period Leverage Ratio Closing Date - — December 31, 2004 0.55 to 1.0 January 1, 2005 — March 31, 2007 4.00 2005 0.40 to 1.0 April 1, 2007 - 2005 — June 30, 2007 3.75 2005 0.25 to 1.0 July 1, 2007 - September 30, 2007 3.40 to 1.0 October 1, 2007 - March 31, 2008 3.00 to 1.0 April 1, 2008 - September 30, 2008 2.50 to 1.0 October 1, 2008 - June 30, 2009 2.00 to 1.0 July 1, 2009 - December 31, 2009 1.25 to 1.0 January 1, 2010 2005 and thereafter 1.00 0.10 to 1.0

Appears in 1 contract

Samples: Credit Agreement (USA Mobility, Inc)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, as of the last day of any Test Period ending during any period set forth in the table below, to exceed the ratio set forth opposite such period Test Period in the table below: Test Period End Date Total Leverage Ratio Closing Date - September 30, 2011 3.75 to 1.0 December 31, 2011 3.75 to 1.0 March 31, 2007 4.00 2012 3.75 to 1.0 April 1, 2007 - June 30, 2007 2012 3.75 to 1.0 July 1, 2007 - September 30, 2007 3.40 2012 3.75 to 1.0 October 1December 31, 2007 - 2012 3.75 to 1.0 March 31, 2008 3.00 2013 3.75 to 1.0 April 1June 30, 2008 - 2013 3.25 to 1.0 September 30, 2008 2.50 2013 3.25 to 1.0 October 1December 31, 2008 - 2013 3.25 to 1.0 March 31, 2014 3.25 to 1.0 June 30, 2009 2014 2.75 to 1.0 September 30, 2014 2.75 to 1.0 December 31, 2014 2.75 to 1.0 March 31, 2015 2.75 to 1.0 June 30, 2015 2.00 to 1.0 July 1September 30, 2009 - December 31, 2009 1.25 to 1.0 January 1, 2010 and thereafter 1.00 2015 2.00 to 1.0

Appears in 1 contract

Samples: Credit Agreement (Biglari Holdings Inc.)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, as of at the last day of any Test Period ending during any period set forth in the table below, to exceed the ratio set forth opposite such period in the table below: Test Period Leverage Ratio Closing Date July 1, 2006 - March December 31, 2007 4.00 2006 6.50 to 1.0 April January 1, 2007 - June 30, 2007 3.75 6.75 to 1.0 July 1, 2007 - September 30December 31, 2007 3.40 6.50 to 1.0 October 1, 2007 - March 31, 2008 3.00 to 1.0 April January 1, 2008 - September 30December 31, 2008 2.50 6.25 to 1.0 October 1, 2008 - June 30, 2009 2.00 to 1.0 July January 1, 2009 - December 31, 2009 1.25 6.00 to 1.0 January 1, 2010 - June 30, 2011 6.00 to 1.0 July 1, 2011 - December 31, 2011 5.75 to 1.0 January 1, 2012 and thereafter 1.00 5.50 to 1.0

Appears in 1 contract

Samples: Credit Agreement (Jacobs Entertainment Inc)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, as of the last day of any Test Period ending during any period set forth in the table below, to exceed the ratio set forth opposite such period Test Period in the table below: Test Period End Date Total Leverage Ratio Closing Date - September 30, 2011 4.00 to 1.0 December 31, 2011 3.50 to 1.0 March 31, 2007 4.00 2012 3.00 to 1.0 April 1, 2007 - June 30, 2007 3.75 2012 2.50 to 1.0 July 1, 2007 - September 30, 2007 3.40 2012 2.35 to 1.0 October 1December 31, 2007 - 2012 2.15 to 1.0 March 31, 2008 3.00 2013 2.05 to 1.0 April 1June 30, 2008 - 2013 2.00 to 1.0 September 30, 2008 2.50 2013 1.90 to 1.0 October 1December 31, 2008 - 2013 1.60 to 1.0 March 31, 2014 1.60 to 1.0 June 30, 2009 2.00 2014 1.50 to 1.0 July 1September 30, 2009 - December 31, 2009 1.25 2014 1.50 to 1.0 January 1, 2010 and thereafter 1.00 to 1.0100

Appears in 1 contract

Samples: Credit Agreement (PHC Inc /Ma/)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, as of at the last day end of any Test Period ending during any three-month period set forth in the table below, to exceed the ratio set forth opposite such period in the table below: Test Period Leverage Ratio Closing Date January 1, 2007 - 3.00 to 1.0 March 31, 2007 4.00 to 1.0 April 1, 2007 - 3.00 to 1.0 June 30, 2007 3.75 to 1.0 July 1, 2007 - 3.00 to 1.0 September 30, 2007 3.40 to 1.0 October 1, 2007 - 2.75 to 1.0 December 31, 2007 January 1, 2008 - 2.50 to 1.0 March 31, 2008 3.00 to 1.0 April 1, 2008 - 2.50 to 1.0 June 30, 2008 July 1, 2008 - 2.25 to 1.0 September 30, 2008 2.50 to 1.0 October 1, 2008 - June 30, 2009 2.00 2.25 to 1.0 July December 31, 2008 January 1, 2009 - December 31, 2009 1.25 to 1.0 January 1, 2010 and thereafter 1.00 2.00 to 1.0

Appears in 1 contract

Samples: Credit Agreement (Banta Corp)

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Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, as of at the last day of any Test Period ending during any period set forth in the table below, to exceed the ratio set forth opposite such period in the table below: Test Period Leverage Ratio Closing Date July 1, 2006 - March December 31, 2007 4.00 2006 6.50 to 1.0 April January 1, 2007 - June 30, 2007 3.75 6.75 to 1.0 July 1, 2007 - September 30December 31, 2007 3.40 6.50 to 1.0 October 1, 2007 - March 31, 2008 3.00 to 1.0 April January 1, 2008 - September 30December 31, 2008 2.50 6.25 to 1.0 October 1, 2008 - June 30, 2009 2.00 to 1.0 July January 1, 2009 - December 31, 2009 1.25 6.00 to 1.0 January 1, 2010 – December 31, 2010 5.50 to 1.0 January 1, 2011 and thereafter 1.00 5.00 to 1.0

Appears in 1 contract

Samples: Jacobs Entertainment Inc

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, as of at the last day of any Test Period ending each fiscal quarter during any period set forth in the table below, to exceed the ratio set forth opposite such period in the table below: Test Period Leverage Ratio Closing Date - December 31, 2005 5.100 to 1.0 January 1, 2006 - March 31, 2007 4.00 2006 4.700 to 1.0 April 1, 2007 2006 - June 30, 2007 3.75 2006 4.850 to 1.0 July 1, 2006 - September 30, 2006 6.850 to 1.0 October 1, 2006 - December 31, 2006 4.700 to 1.0 January 1, 2007 - September 30, 2007 3.40 4.500 to 1.0 October 1, 2007 - March 31, 2008 3.00 to 1.0 April 1, 2008 - September 30, 2008 2.50 to 1.0 October 1, 2008 - June 30, 2009 2.00 to 1.0 July 1, 2009 - December 31, 2009 1.25 2007 4.250 to 1.0 January 1, 2010 2008 - December 31, 2008 3.200 to 1.0 January 1, 2009 and thereafter 1.00 2.625 to 1.0

Appears in 1 contract

Samples: Credit Agreement (Magnachip Semiconductor LLC)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, as of the last day of any Test Period ending during any period on or about the dates set forth in the table below, to exceed the ratio set forth opposite such period Test Period in the table belowsuch table: Test Period Total Leverage Ratio Closing Date - June 30, 2012 6.25 to 1.0 September 30, 2012 6.25 to 1.0 December 31, 2012 6.25 to 1.0 March 31, 2007 4.00 2013 5.75 to 1.0 April 1, 2007 - June 30, 2007 3.75 2013 5.75 to 1.0 July 1, 2007 - September 30, 2007 3.40 2013 5.75 to 1.0 October 1December 31, 2007 - 2013 5.75 to 1.0 March 31, 2008 3.00 2014 5.25 to 1.0 April 1June 30, 2008 - 2014 5.25 to 1.0 September 30, 2008 2.50 2014 5.25 to 1.0 October 1, 2008 - June 30, 2009 2.00 to 1.0 July 1, 2009 - December 31, 2009 1.25 2014 5.25 to 1.0 January 1March 31, 2010 2015 and thereafter 1.00 4.00 to 1.0

Appears in 1 contract

Samples: Credit Agreement (Rovi Corp)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, as of the last day of any Test Period ending during any period set forth in the table below, to exceed the ratio set forth opposite such period in the table below: Test Period Total Leverage Ratio Closing Date - March 31, 2007 4.00 to 1.0 April 1, 2007 - June 30, 2007 3.75 6.15 to 1.0 July 1September 29, 2007 - September 306.15 to 1.0 December 29, 2007 3.40 6.15 to 1.0 October 1, 2007 - March 3129, 2008 3.00 6.15 to 1.0 April 1June 28, 2008 - 6.10 to 1.0 September 3027, 2008 2.50 6.10 to 1.0 October 1December 27, 2008 - June 306.00 to 1.0 March 28, 2009 2.00 5.75 to 1.0 July 1June 28, 2009 - December 315.75 to 1.0 September 27, 2009 1.25 5.50 to 1.0 January 1December 27, 2009 5.50 to 1.0 March 28, 2010 and thereafter 1.00 5.25 to 1.0 June 28, 2010 5.00 to 1.0 Any Test Period Thereafter 4.75 to 1.0

Appears in 1 contract

Samples: 2 and Waiver (Leiner Health Products Inc)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, as of the last day of any Test Period ending in effect during any period in the table below, to exceed the ratio set forth opposite such period in the table below: Test Period Leverage Ratio Closing Date - March 31, 2007 4.00 to 1.0 April 1, 2007 - June 30, 2007 3.75 to 1.0 July 1, 2007 - September 30, 2007 3.40 to 1.0 October 1, 2007 - March 31, 2008 3.00 to 1.0 April 1, 2008 - September 30, 2008 2.50 4.50 to 1.0 October 1, 2008 - March 31, 2009 4.25 to 1.0 April 1, 2009 - June 30, 2009 2.00 3.75 to 1.0 July 1, 2009 - September 30, 2009 3.50 to 1.0 October 1, 2009 - December 31, 2009 1.25 3.25 to 1.0 January 1, 2010 - March 31, 2010 2.75 to 1.0 April 1, 2010 - June 30, 2010 2.50 to 1.0 July 1, 2010 and thereafter 1.00 2.25 to 1.0

Appears in 1 contract

Samples: Credit Agreement (Macrovision Solutions CORP)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, as of the last day of at any Test Period ending date during any period set forth in the table below, to exceed the ratio set forth opposite such period in the table below: Test Period Leverage Ratio Closing Date - March December 31, 2007 4.00 7.00 to 1.0 April 1, 2007 - June 30, 2007 3.75 to 1.0 July 1, 2007 - September 30, 2007 3.40 to 1.0 October 1, 2007 - March 31, 2008 3.00 to 1.0 April January 1, 2008 - September 3027, 2008 2.50 6.85 to 1.0 October 1September 28, 2008 - June 30July 4, 2009 2.00 6.70 to 1.0 July 15, 2009 - December 31, 2009 1.25 6.50 to 1.0 January 1, 2010 - October 2, 2010 6.00 to 1.0 October 3, 2010 and thereafter 1.00 to 1.05.75

Appears in 1 contract

Samples: Credit Agreement (Ply Gem Holdings Inc)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, as of at the last day of any Test Period ending each month during any period set forth in the table below, to exceed the ratio set forth opposite such period in the table below: Test Period Leverage Ratio Closing Date - March 31, 2007 4.00 to 1.0 April 1, 2007 - June 30, 2007 3.75 to 1.0 July 1, 2007 - September 30, 2007 3.40 to 1.0 October 1, 2007 - March 31, 2008 3.00 to 1.0 April 1, 2008 - September 30, 2008 2.50 to 1.0 October 1, 2008 - June 30, 2009 2.00 to 1.0 July 1, 2009 - December 31, 2009 1.25 2005 3.500 to 1.0 January 1, 2010 2006 - December 31, 2006 3.250 to 1.0 January 1, 2007 - December 31, 2007 3.000 to 1.0 January 1, 2008 - December 31, 2008 2.750 to 1.0 January 1, 2009 and thereafter 1.00 2.625 to 1.0

Appears in 1 contract

Samples: Credit Agreement (MagnaChip Semiconductor LTD (United Kingdom))

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