Net Adjusted Leverage Ratio Sample Clauses

Net Adjusted Leverage Ratio. The Net Adjusted Leverage Ratio shall not exceed 4.00 to 1.0 as of the last day of any fiscal quarter.
Sample 1Sample 2
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Net Adjusted Leverage Ratio. Permit the Net Adjusted Leverage Ratio as at the last day of any period of four consecutive fiscal quarters of the Borrower ending during any period set forth below to exceed the ratio set forth below opposite such fiscal quarter: Period Net Adjusted Leverage Ratio October 1, 2003 through December 31, 2003 6.00 to 1.00 January 1, 2004 through March 31, 2004 6.00 to 1.00 April 1, 2004 through June 30, 2004 6.00 to 1.00 July 1, 2004 through September 30, 2004 6.00 to 1.00 October 1, 2004 through December 31, 2004 5.75 to 1.00 January 1, 2005 through March 31, 2005 5.60 to 1.00 April 1, 2005 through June 30, 2005 5.50 to 1.00 July 1, 2005 through September 30, 2005 5.40 to 1.00 October 1, 2005 through December 31, 2005 5.30 to 1.00 January 1, 2006 through March 31, 2006 5.25 to 1.00 April 1, 2006 through June 30, 2006 5.10 to 1.00 July 1, 2006 through September 30, 2006 4.90 to 1.00 October 1, 2006 and thereafter 4.75 to 1.00
Sample 1
Net Adjusted Leverage Ratio. Beginning with the fiscal quarter ending June 29, 2021 and continuing for each fiscal quarter occurring thereafter, the Net Adjusted Leverage Ratio shall not exceed 4.75 to 1.00 as of the last day of such fiscal quarter. For the avoidance of doubt, the Net Adjusted Leverage Ratio shall be calculated on an annualized basis for the fiscal quarter ending June 29, 2021, as set forth in the definition of “Net Adjusted Leverage Ratio”.
Sample 1

Related to Net Adjusted Leverage Ratio

  • Adjusted Leverage Ratio The Borrower shall not permit the Adjusted Leverage Ratio as at the end of any Fiscal Quarter to be greater than the following for the respective periods set forth below: Period Adjusted Leverage Ratio Closing Date to and including March 27, 2004 3.75:1.00 March 28, 2004 to and including June 26, 2004 4.75:1.00 June 27, 2004 to and including July 2, 2005 5.60:1:00 July 3, 2005 and any time thereafter 5.25:1.00

  • Total Net Leverage Ratio The Borrower will not permit the Total Net Leverage Ratio as of the end of any Fiscal Quarter to exceed 3.50 to 1.00.

  • Net Leverage Ratio Subject to the proviso set forth in Section 10.3, the Company will not permit the Consolidated Net Leverage Ratio at any time during any period of four consecutive fiscal quarters of the Company to be greater than (a) 3.50 to 1.00 or (b) during an Acquisition Holiday Period, 4.00 to 1.00.

  • Maximum Consolidated Leverage Ratio As of the last day of each Fiscal Quarter of the Borrower (commencing with the Fiscal Quarter ending March 31, 2018), the Borrower shall not permit the Consolidated Leverage Ratio to be greater than 0.60 to 1.00.

  • Consolidated Net Leverage Ratio Permit the Consolidated Net Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 4.50:1.00.

  • Consolidated Leverage Ratio Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 2.50 to 1.0.

  • Maximum Leverage Ratio As of the last day of each fiscal quarter, the Borrower shall not permit the ratio (the "Leverage Ratio") of (i) Consolidated Funded Indebtedness to (ii) EBITDA of the Borrower and its Subsidiaries, as at the end of and for the period of four consecutive fiscal quarters ending on such day, to be greater than (i) 2.00 to 1.00.

  • Consolidated Total Net Leverage Ratio Permit the Consolidated Total Net Leverage Ratio on the last day of any fiscal quarter occurring during any period set forth below, to be greater than the ratio set forth below opposite such period: Period Maximum Consolidated Total Net Leverage Ratio Closing Date through and including September 30, 2014 7.25:1.00 December 31, 2014 through and including September 30, 2015 6.75:1.00 December 31, 2015 and thereafter 6.50:1.00

  • Cash Flow Leverage Ratio The Borrower will not permit the Cash Flow Leverage Ratio on the last day of any fiscal quarter to exceed 3.50 to 1.00.

  • Maximum Consolidated Total Leverage Ratio The Borrower will cause the Consolidated Total Leverage Ratio to be less than (a) 4.00 to 1.00 at all times during the period from the Effective Date to and including December 30, 2009, (b) 3.75 to 1.00 at all times during the period from December 31, 2009 to and including December 30, 2010 and (c) less than 3.50 to 1.00 at all times thereafter.

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