Membership Revenue Total Leverage Ratio. The Membership Revenue Total Leverage Ratio as at the end of the twelve month period ended June 30, 2014, calculated on a pro forma basis after giving effect to the Loans, shall not be greater than 0.9 to 1.00.
Appears in 2 contracts
Samples: Financing Agreement (Angie's List, Inc.), Financing Agreement (Angie's List, Inc.)
Membership Revenue Total Leverage Ratio. The Membership Revenue Total Leverage Ratio as As at the end of the most recently ended twelve month period ended June 30, 2014for which the Borrowers have delivered monthly financial statements pursuant to Section 7.01(a)(i), calculated on a pro forma basis after giving effect to the Loansmaking of such Delayed Draw Term Loan, the Membership Revenue Total Leverage Ratio shall not be greater than 0.9 1.75 to 1.00.
Appears in 2 contracts
Samples: Financing Agreement (Angie's List, Inc.), Financing Agreement (Angie's List, Inc.)
