Secured Debt Leverage Ratio Sample Clauses

Secured Debt Leverage Ratio. As at any fiscal quarter end of the Borrower, permit Secured Debt at such time to be more than 40% of Gross Asset Value at such time.
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Secured Debt Leverage Ratio. Secured Debt as of such fiscal quarter end of the Borrower is $_______________ and Gross Asset Value at such time is $_____________. Accordingly, as at such fiscal quarter end of the Borrower, Secured Debt is [more than] [less than] 35% of Gross Asset Value. [Secured Debt at each fiscal quarter end of the Borrower must not be more than 35% of Gross Asset Value.]
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Secured Debt Leverage Ratio. The Borrower will not permit its Secured Debt Leverage Ratio as of the last day of each Fiscal Quarter thereafter (commencing with the Fiscal Quarter ending March 31, 2015) to be greater than 3.50 to 1.00.
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Secured Debt Leverage Ratio. The Borrower will at all times maintain a Secured Debt Leverage Ratio of not greater than .75 to 1.0.
Sample 1
Secured Debt Leverage Ratio. (c) Subject to paragraph (b) hereunder, the Borrower shall at all times maintain a Secured Debt Leverage Ratio of not greater than .75 to 1.0 (the “Maximum Secured Debt Leverage Ratio”).
Sample 1

Related to Secured Debt Leverage Ratio

  • Secured Leverage Ratio Permit the Secured Leverage Ratio, as of the last day of any fiscal quarter of the Consolidated Group, to be greater than forty percent (40%), or, for a period of four consecutive fiscal quarters following a Material Acquisition, forty-five percent (45%).

  • First Lien Leverage Ratio On the last day of any Test Period on which the Revolving Facility Test Condition is then satisfied (it being understood and agreed that this Section 6.15 shall not apply until the last day of the first full Fiscal Quarter ending after the Closing Date), the Borrowers shall not permit the First Lien Leverage Ratio to be greater than 7.75:1.00.

  • Senior Leverage Ratio The Borrower shall not permit its Senior Leverage Ratio at any time to exceed 2.75 to 1.00.

  • Consolidated Senior Secured Leverage Ratio Upon and after the consummation of a Qualified Notes Offering, permit the Consolidated Senior Secured Leverage Ratio as of the end of any fiscal quarter of the US Borrower (beginning with the fiscal quarter ended September 30, 2018) to be greater than (A) during a Specified Acquisition Period, 4.00 to 1.00, and (B) at all other times, 3.50 to 1.00.

  • Leverage Ratio The Borrower will not permit the Leverage Ratio to exceed 4.50 to 1.0 on the last day of any Fiscal Quarter.

  • Senior Secured Leverage Ratio The Borrower will not permit the Senior Secured Leverage Ratio as of the end of any Fiscal Quarter ending after the Closing Date and occurring during any period set forth below to be greater than the ratio set forth opposite such period: Senior Secured Period Leverage Ratio ------ -------------- Closing Date to 3.10:1 3/31/98 4/1/98 to 6/30/98 3.00:1 7/1/98 to 9/30/98 2.85:1 10/1/98 and thereafter 2.75:1

  • Total Leverage Ratio Permit the Total Leverage Ratio as of the last day of any fiscal quarter ending during any period set forth below to be greater than the ratio set forth below opposite such period: Period Ratio January 1, 2011 through March 31, 2012 6.00:1.00 April 1, 2012 through June 30, 2012 5.75:1.00 July 1, 2012 through December 31, 2012 5.50:1.00 January 1, 2013 and thereafter 4.50:1.00

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