Senior Debt Ratio. The Borrower will not permit the Senior Debt Ratio to exceed the following respective ratios at any time during the following respective periods: From the date hereof through February 28, 2007 4.75 to 1 From March 1, 2007 through February 29, 2008 3.75 to 1 From March 1, 2008 and all times thereafter 3.00 to 1
Appears in 2 contracts
Samples: Credit Agreement (Constellation Brands, Inc.), Credit Agreement (Constellation Brands, Inc.)
Senior Debt Ratio. The Borrower Company will not permit the Senior Debt Ratio (determined in accordance with Section 8.10(e) hereof) to exceed the following respective ratios at any time during the following respective periods: Period Ratio From the date hereof Effective Date through February 28and including June 29, 2007 4.75 1999 5.50 to 1 From March 1June 30, 2007 1999 through February 29and including December 30, 2008 3.75 1999 5.25 to 1 From March 1December 31, 2008 1999 through and including December 30, 2000 5.00 to 1 From December 31, 2000 through and including December 30, 2001 4.50 to 1 From December 31, 2001 and at all times thereafter 3.00 4.00 to 1
Appears in 2 contracts
Samples: Credit Agreement (Frontiervision Capital Corp), Credit Agreement (Frontiervision Holdings Capital Corp)
Senior Debt Ratio. The Borrower Company will not permit the Senior Debt Ratio to exceed the following respective ratios at any time during the following respective periods: Period Ratio From the date hereof Closing Date through February 28September 26, 2007 4.75 1997 4.25 to 1 From March 1September 27, 2007 1997 through February 29September 25, 2008 3.75 1998 4.00 to 1 From March 1September 26, 2008 1998 and at all times thereafter 3.00 3.50 to 11 Credit Agreement
Appears in 1 contract
Samples: Credit Agreement (Advo Inc)
Senior Debt Ratio. The Borrower will not permit the Senior Debt Ratio to exceed the following respective ratios at any time during the following respective periodsperiod below to exceed the ratio set opposite such period below: Period Ratio ------ ----- From the date hereof Effective Date through February 28December 30, 2007 4.75 2000 4.50 to 1 From March 1December 31, 2007 2000 through February 29December 30, 2008 3.75 2001 4.00 to 1 From March 1December 31, 2008 2001 through December 30, 2002 3.50 to 1 From December 31, 2002 and at all times thereafter 3.00 to 1
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Senior Debt Ratio. The Borrower Company will not permit the Senior Debt Ratio to exceed the following respective ratios at any time during the following respective periods: From the date hereof Period Ratio Effective Date through February 28, 2007 4.75 to 1 From March 1, 2007 through February and including September 29, 2008 2010 4.00 to 1.00 Thereafter through and including March 30, 2011 3.75 to 1 From 1.00 Thereafter through and including September 29, 2011 3.50 to 1.00 Thereafter through and including March 130, 2008 2012 3.25 to 1.00 Thereafter through and all times thereafter including March 30, 2013 3.00 to 11.00 Thereafter 2.75 to 1.00
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Senior Debt Ratio. The Borrower Company will not permit the Senior Debt Ratio (determined in accordance with Section 8.10(e) hereof) to exceed the following respective ratios at any time during the following respective periods: From the date hereof Effective Date through February 28and including December 30, 2007 4.75 1999 5.50 to 1 From March 1December 31, 2007 1999 through February 29and including December 30, 2008 3.75 2000 5.00 to 1 From March 1December 31, 2008 2000 through and including December 30, 2001 4.50 to 1 From December 31, 2001 and at all times thereafter 3.00 4.00 to 1
Appears in 1 contract
Senior Debt Ratio. The Borrower Company will not permit the Senior Debt Ratio (determined in accordance with Section 8.10(e) hereof) to exceed the following respective ratios at any time during the following respective periods: Period Ratio ------ ----- From the date hereof on which the Senior Subordinated Debt is issued through February 28and including June 30, 2007 4.75 to 1 From March 1, 2007 through February 29, 2008 1997 3.75 to 1 From March July 1, 2008 1997 through and including December 31, 1997 3.50 to 1 From January 1, 1998 through and including June 30, 1998 3.25 to 1 From July 1, 1998 through and including December 31, 1998 3.00 to 1 From January 1, 1999 through and including December 31, 1999 2.50 to 1 From January 1, 2000 through and including December 31, 2000 2.00 to 1 From January 1, 2001 and at all times thereafter 3.00 1.50 to 1
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