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 set forth in the table below, to exceed the ratio set forth opposite such period in the table below: July 31, 2007 7.00 to 1.0 October 31, 2007 7.00 to 1.0 January 31, 2008 7.00 to 1.0 April 30, 2008 7.00 to 1.0 July 31, 2008 6.75 to 1.0 October 31, 2008 6.50 to 1.0 January 31, 2009 6.00 to 1.0 April 30, 2009 6.00 to 1.0 July 31, 2009 5.75 to 1.0 October 31, 2009 5.50 to 1.0 January 31, 2010 5.25 to 1.0 April 30, 2010 5.25 to 1.0 July 31, 2010 4.75 to 1.0 October 31, 2010 4.50 to 1.0 January 31, 2011 4.25 to 1.0 April 30, 2011 4.25 to 1.0 July 31, 2011 4.00 to 1.0 October 31, 2011 3.75 to 1.0 January 31, 2012 3.50 to 1.0 April 30, 2012 3.50 to 1.0 July 31, 2012 3.50 to 1.0 October 31, 2012 3.50 to 1.0 January 31, 2013 3.50 to 1.0 April 30, 2013 3.50 to 1.0 Thereafter 3.50 to 1.0

Appears in 2 contracts

Samples: Credit Agreement (Mattress Firm Holding Corp.), Credit Agreement (Mattress Firm Holding Corp.)

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Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, as of the last day of at any Test Period date during any period set forth in the table below, to exceed the ratio set forth opposite such period in the table below: July 31Closing Date - June 30, 2007 7.00 6.50 to 1.0 October 31July 1, 2007 7.00 - September 29, 2007 6.40 to 1.0 January 31September 30, 2007 - March 29, 2008 7.00 6.30 to 1.0 March 30, 2008 - June 28, 2008 6.20 to 1.0 June 29, 2008 - September 27, 2008 6.00 to 1.0 September 28, 2008 - April 4, 2009 5.85 to 1.0 April 30, 2008 7.00 to 1.0 July 31, 2008 6.75 to 1.0 October 31, 2008 6.50 to 1.0 January 315, 2009 6.00 to 1.0 April 30, 2009 6.00 to 1.0 - July 314, 2009 5.75 to 1.0 July 5, 2009 - October 313, 2009 5.50 to 1.0 January 31October 4, 2009 - April 3, 2010 5.25 to 1.0 April 304, 2010 5.25 - July 3, 2010 5.00 to 1.0 July 314, 2010 and thereafter 4.75 to 1.0 October 31, 2010 4.50 to 1.0 January 31, 2011 4.25 to 1.0 April 30, 2011 4.25 to 1.0 July 31, 2011 4.00 to 1.0 October 31, 2011 3.75 to 1.0 January 31, 2012 3.50 to 1.0 April 30, 2012 3.50 to 1.0 July 31, 2012 3.50 to 1.0 October 31, 2012 3.50 to 1.0 January 31, 2013 3.50 to 1.0 April 30, 2013 3.50 to 1.0 Thereafter 3.50 to 1.0

Appears in 2 contracts

Samples: Credit Agreement (Ply Gem Holdings Inc), Credit Agreement (Ply Gem Holdings Inc)

Maximum Total Leverage Ratio. Permit At any time when the Excess Availability does not exceed $70,000,000, permit the Total Leverage Ratio, as of Ratio during the last day of any applicable Test Period set forth in the table below, to exceed the ratio set forth opposite such period in the table below: July March 31, 2006 5.05 to 1.00 June 30, 2006 5.50 to 1.00 September 30, 2006 5.10 to 1.00 December 31, 2006 4.80 to 1.00 March 31, 2007 7.00 4.75 to 1.0 October 1.00 June 30, 2007 4.75 to 1.00 September 30, 2007 4.50 to 1.00 December 31, 2007 7.00 4.50 to 1.0 January 1.00 March 31, 2008 7.00 4.50 to 1.0 April 1.00 June 30, 2008 7.00 4.50 to 1.0 July 1.00 September 30, 2008 4.25 to 1.00 December 31, 2008 6.75 4.00 to 1.0 October 31, 2008 6.50 to 1.0 January 1.00 March 31, 2009 6.00 4.00 to 1.0 April 1.00 June 30, 2009 6.00 4.00 to 1.0 July 1.00 September 30, 2009 3.75 to 1.00 December 31, 2009 5.75 3.50 to 1.0 October 31, 2009 5.50 to 1.0 January 1.00 March 31, 2010 5.25 3.50 to 1.0 April 1.00 June 30, 2010 5.25 3.50 to 1.0 July 1.00 September 30, 2010 3.25 to 1.00 December 31, 2010 4.75 and thereafter 3.00 to 1.0 October 31, 2010 4.50 to 1.0 January 31, 2011 4.25 to 1.0 April 30, 2011 4.25 to 1.0 July 31, 2011 4.00 to 1.0 October 31, 2011 3.75 to 1.0 January 31, 2012 3.50 to 1.0 April 30, 2012 3.50 to 1.0 July 31, 2012 3.50 to 1.0 October 31, 2012 3.50 to 1.0 January 31, 2013 3.50 to 1.0 April 30, 2013 3.50 to 1.0 Thereafter 3.50 to 1.01.00

Appears in 1 contract

Samples: Credit Agreement (Linens N Things Inc)

Maximum Total Leverage Ratio. Permit At any time when the Excess Availability does not exceed $75,000,000, permit the Total Leverage Ratio, as of Ratio during the last day of any applicable Test Period set forth in the table below, to exceed the ratio set forth opposite such period in the table below: July March 31, 2006 5.05 to 1.00 June 30, 2006 5.50 to 1.00 September 30, 2006 5.10 to 1.00 December 31, 2006 4.80 to 1.00 March 31, 2007 7.00 4.75 to 1.0 October 1.00 June 30, 2007 4.75 to 1.00 September 30, 2007 4.50 to 1.00 December 31, 2007 7.00 4.50 to 1.0 January 1.00 March 31, 2008 7.00 4.50 to 1.0 April 1.00 June 30, 2008 7.00 4.50 to 1.0 July 1.00 September 30, 2008 4.25 to 1.00 December 31, 2008 6.75 4.00 to 1.0 October 31, 2008 6.50 to 1.0 January 1.00 March 31, 2009 6.00 4.00 to 1.0 April 1.00 June 30, 2009 6.00 4.00 to 1.0 July 1.00 September 30, 2009 3.75 to 1.00 December 31, 2009 5.75 3.50 to 1.0 October 31, 2009 5.50 to 1.0 January 1.00 March 31, 2010 5.25 3.50 to 1.0 April 1.00 June 30, 2010 5.25 3.50 to 1.0 July 1.00 September 30, 2010 3.25 to 1.00 December 31, 2010 4.75 and thereafter 3.00 to 1.0 October 31, 2010 4.50 to 1.0 January 31, 2011 4.25 to 1.0 April 30, 2011 4.25 to 1.0 July 31, 2011 4.00 to 1.0 October 31, 2011 3.75 to 1.0 January 31, 2012 3.50 to 1.0 April 30, 2012 3.50 to 1.0 July 31, 2012 3.50 to 1.0 October 31, 2012 3.50 to 1.0 January 31, 2013 3.50 to 1.0 April 30, 2013 3.50 to 1.0 Thereafter 3.50 to 1.01.00

Appears in 1 contract

Samples: Credit Agreement (LNT Leasing II, LLC)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, as of the last day of at any Test Period date during any period set forth in the table below, to exceed the ratio set forth opposite such period in the table below: July Test Period Leverage Ratio Closing Date — March 31, 2007 7.00 1.85 to 1.0 1.00 April 1, 2007 — June 30, 2007 1.65 to 1.00 July 1, 2007 — September 30, 2007 1.50 to 1.00 October 1, 2007 — December 31, 2007 7.00 1.50 to 1.0 1.00 January 1, 2008 — March 31, 2008 7.00 1.20 to 1.0 1.00 April 1, 2008 — June 30, 2008 7.00 1.20 to 1.0 1.00 July 1, 2008 — September 30, 2008 1.20 to 1.00 October 1, 2008 — December 31, 2008 6.75 1.20 to 1.0 October 311.00 January 1, 2008 6.50 to 1.0 January 2009 — March 31, 2009 6.00 1.00 to 1.0 1.00 April 1, 2009 — June 30, 2009 6.00 1.00 to 1.0 1.00 July 1, 2009 — September 30, 2009 1.00 to 1.00 October 1, 2009 — December 31, 2009 5.75 1.00 to 1.0 October 311.00 January 1, 2009 5.50 to 1.0 January 2010 — March 31, 2010 5.25 1.00 to 1.0 1.00 April 1, 2010 — June 30, 2010 5.25 1.00 to 1.0 1.00 July 1, 2010 — September 30, 2010 1.00 to 1.00 October 1, 2010 — December 31, 2010 4.75 1.00 to 1.0 October 31, 2010 4.50 to 1.0 1.00 January 311, 2011 4.25 and thereafter 1.00 to 1.0 April 30, 2011 4.25 to 1.0 July 31, 2011 4.00 to 1.0 October 31, 2011 3.75 to 1.0 January 31, 2012 3.50 to 1.0 April 30, 2012 3.50 to 1.0 July 31, 2012 3.50 to 1.0 October 31, 2012 3.50 to 1.0 January 31, 2013 3.50 to 1.0 April 30, 2013 3.50 to 1.0 Thereafter 3.50 to 1.01.00

Appears in 1 contract

Samples: Credit Agreement (TTM Technologies 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: July 31Closing Date through September 30, 2007 7.00 6.50 to 1.0 October 311, 2007 7.00 through June 30, 2008 6.25 to 1.0 January July 1, 2008 through September 30, 2008 6.00 to 1.0 October 1, 2008 through December 31, 2008 7.00 to 1.0 April 30, 2008 7.00 to 1.0 July 31, 2008 6.75 to 1.0 October 31, 2008 6.50 to 1.0 January 31, 2009 6.00 to 1.0 April 30, 2009 6.00 to 1.0 July 31, 2009 5.75 to 1.0 October 31, 2009 5.50 to 1.0 January 311, 2010 5.25 to 1.0 April 2009 through September 30, 2010 5.25 to 1.0 July 31, 2010 2009 4.75 to 1.0 October 1, 2009 through December 31, 2010 2009 4.50 to 1.0 January 1, 2010 through March 31, 2011 2010 4.25 to 1.0 April 1, 2010 through June 30, 2011 4.25 2010 4.00 to 1.0 July 311, 2011 4.00 2010 through September 30, 2010 3.75 to 1.0 October 1, 2010 through December 31, 2011 3.75 to 1.0 January 31, 2012 3.50 to 1.0 April 30, 2012 3.50 to 1.0 July 31, 2012 3.50 to 1.0 October 31, 2012 2010 3.50 to 1.0 January 1, 2011 through March 31, 2013 3.50 2011 3.25 to 1.0 April 1, 2011 through June 30, 2013 3.50 2011 3.00 to 1.0 Thereafter 3.50 July 1, 2011 through September 30, 2011 2.75 to 1.0 October 1, 2011 through December 31, 2011 2.50 to 1.0 January 1, 2012 and thereafter 2.25 to 1.0

Appears in 1 contract

Samples: Amendment No. 1 (Itron Inc /Wa/)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, as of the last day of at any Test Period date during any period set forth in the table below, to exceed the ratio set forth opposite such period in the table below: July TEST PERIOD LEVERAGE RATIO ----------- -------------- Closing Date - March 31, 2007 7.00 2005 6.35 to 1.0 April 1, 2005 - September 30, 2005 6.25 to 1.0 October 1, 2005 - December 31, 2007 7.00 2005 6.10 to 1.0 January 311, 2008 7.00 to 1.0 April 2006 - June 30, 2008 7.00 to 1.0 July 31, 2008 6.75 to 1.0 October 31, 2008 6.50 to 1.0 January 31, 2009 6.00 to 1.0 April 30, 2009 2006 6.00 to 1.0 July 311, 2009 5.75 2006 - September 30, 2006 5.90 to 1.0 October 1, 2007 - March 31, 2009 2007 5.65 to 1.0 April 1, 2007 - June 30, 2007 5.50 to 1.0 January 31July 1, 2010 2007 - September 30, 2007 5.25 to 1.0 April October 1, 2007 - June 30, 2010 5.25 2008 5.00 to 1.0 July 311, 2010 2008 - September 30, 2008 4.75 to 1.0 October 1, 2008 - March 31, 2010 2009 4.50 to 1.0 January 31April 1, 2011 2009 - September 30, 2009 4.25 to 1.0 April 30October 1, 2011 4.25 to 1.0 July 31, 2011 2009 and thereafter 4.00 to 1.0 October 31, 2011 3.75 to 1.0 January 31, 2012 3.50 to 1.0 April 30, 2012 3.50 to 1.0 July 31, 2012 3.50 to 1.0 October 31, 2012 3.50 to 1.0 January 31, 2013 3.50 to 1.0 April 30, 2013 3.50 to 1.0 Thereafter 3.50 to 1.0

Appears in 1 contract

Samples: Credit Agreement (Patriot Manufacturing, 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 set forth in the table below, to exceed the ratio set forth opposite such period in the table below: July September 25, 2004 - June 25, 2005 5.25 to 1.0 September 24, 2005 - December 30, 2005 5.00 to 1.0 March 25, 2006 - June 24, 2006 4.75 to 1.0 September 30, 2006 - December 30, 2006 4.50 to 1.0 March 31, 2007 7.00 to 1.0 October 31, 2007 7.00 to 1.0 January 31, 2008 7.00 to 1.0 April 30, 2008 7.00 to 1.0 July 31, 2008 6.75 to 1.0 October 31, 2008 6.50 to 1.0 January 31, 2009 6.00 to 1.0 April 30, 2009 6.00 to 1.0 July 31, 2009 5.75 to 1.0 October 31, 2009 5.50 to 1.0 January 31, 2010 5.25 to 1.0 April 30, 2010 5.25 to 1.0 July 31, 2010 4.75 to 1.0 October 31, 2010 4.50 to 1.0 January 31, 2011 4.25 to 1.0 April June 30, 2011 4.25 to 1.0 July 312007 - September 29, 2011 2007 4.00 to 1.0 October 31December 29, 2011 2007 - March 29, 2008 3.75 to 1.0 January 31June 28, 2012 2008 3.50 to 1.0 April 30September 27, 2012 3.50 2008 - December 27, 2008 3.25 to 1.0 July 31March 28, 2012 3.50 to 1.0 October 31, 2012 3.50 to 1.0 January 31, 2013 3.50 to 1.0 April 30, 2013 3.50 to 1.0 Thereafter 3.50 2009 and thereafter 3.00 to 1.0

Appears in 1 contract

Samples: Credit Agreement (Leiner Health Services Corp.)

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, or as of any other date on which the Total Leverage Ratio is to be tested hereunder, to exceed the ratio set forth opposite such period in the table below: Closing Date - December 31, 2005 3.00 to 1.0 January 1, 2006 - March 31, 2006 3.00 to 1.0 April 1, 2006 - June 30, 2006 2.75 to 1.0 July 1, 2006 - September 30, 2006 2.75 to 1.0 October 1, 2006 - December 31, 2006 2.50 to 1.0 January 1, 2007 - March 31, 2007 7.00 2.50 to 1.0 April 1, 2007 - June 30, 2007 2.25 to 1.0 July 1, 2007 - September 30, 2007 2.00 to 1.0 October 1, 2007 - December 31, 2007 7.00 2.00 to 1.0 January 1, 2008 - March 31, 2008 7.00 1.75 to 1.0 April 1, 2008 - June 30, 2008 7.00 1.75 to 1.0 July 1, 2008 - September 30, 2008 1.75 to 1.0 October 1, 2008 - December 31, 2008 6.75 to 1.0 October 31, 2008 6.50 1.50 to 1.0 January 311, 2009 6.00 to 1.0 April 30, 2009 6.00 to 1.0 July 31, 2009 5.75 to 1.0 October 31, 2009 5.50 to 1.0 January 31, 2010 5.25 to 1.0 April 30, 2010 5.25 to 1.0 July 31, 2010 4.75 to 1.0 October 31, 2010 4.50 to 1.0 January 31, 2011 4.25 to 1.0 April 30, 2011 4.25 to 1.0 July 31, 2011 4.00 to 1.0 October 31, 2011 3.75 to 1.0 January 31, 2012 3.50 to 1.0 April 30, 2012 3.50 to 1.0 July 31, 2012 3.50 to 1.0 October 31, 2012 3.50 to 1.0 January 31, 2013 3.50 to 1.0 April 30, 2013 3.50 to 1.0 Thereafter 3.50 and thereafter 1.50 to 1.0

Appears in 1 contract

Samples: Credit Agreement (Ventiv Health Inc)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, as of the last day of any Test Period ending 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: July 31June 30, 2007 7.00 2010 5.35 to 1.0 October 31September 30, 2007 7.00 2010 5.35 to 1.0 January 31, 2008 7.00 to 1.0 April 30, 2008 7.00 to 1.0 July 31, 2008 6.75 to 1.0 October 31, 2008 6.50 to 1.0 January 31, 2009 6.00 to 1.0 April 30, 2009 6.00 to 1.0 July 31, 2009 5.75 to 1.0 October 31, 2009 5.50 to 1.0 January December 31, 2010 5.35 to 1.0 March 31, 2011 5.25 to 1.0 April June 30, 2010 5.25 2011 5.00 to 1.0 July September 30, 2011 5.00 to 1.0 December 31, 2010 2011 4.75 to 1.0 October March 31, 2010 2012 4.75 to 1.0 June 30, 2012 4.50 to 1.0 January 31September 30, 2011 2012 4.25 to 1.0 April 30December 31, 2011 2012 4.25 to 1.0 July March 31, 2011 2013 4.00 to 1.0 October 31June 30, 2011 2013 4.00 to 1.0 September 30, 2013 3.75 to 1.0 January December 31, 2012 2013 3.75 to 1.0 March 31, 2014 3.50 to 1.0 April June 30, 2012 2014 3.50 to 1.0 July 31September 30, 2012 2014 3.50 to 1.0 October December 31, 2012 3.50 to 1.0 January 31, 2013 3.50 to 1.0 April 30, 2013 3.50 to 1.0 Thereafter 2014 3.50 to 1.0

Appears in 1 contract

Samples: Credit Agreement (BioScrip, Inc.)

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