Common use of Senior Debt Ratio Clause in Contracts

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: Period Ratio 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.)

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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: 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 Holdings Capital Corp), Credit Agreement (Frontiervision Capital Corp)

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 2004 4.00 to 1 From March 1December 31, 2007 through February 29, 2008 3.75 to 1 From March 1, 2008 2004 and at all times thereafter 3.00 3.75 to 1

Appears in 1 contract

Samples: Credit Agreement (Ohio Logos 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 periods: Period Ratio ---------------------- ---------- From the date hereof through February 28, 2007 4.75 to 1 From March 1, 2007 through February 29, 2008 2000 3.75 to 1 From March 1, 2008 2000 through August 31, 2000 3.50 to 1 From September 1, 2000 and at all times thereafter 3.00 to 1

Appears in 1 contract

Samples: Credit Agreement (SCV Epi Vineyards 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 periods: Period Ratio From the date hereof through February 28November 30, 2007 4.75 2005 4.50 to 1 From March December 1, 2007 2005 through February 29November 30, 2008 3.75 2006 3.50 to 1 From March December 1, 2008 2006 and at all times thereafter 3.00 to 1

Appears in 1 contract

Samples: Credit Agreement (Constellation Brands, Inc.)

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 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

Appears in 1 contract

Samples: Credit Agreement (Lamar Advertising Co/New)

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

Appears in 1 contract

Samples: Credit Agreement (Lamar Advertising Co/New)

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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: 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 1997 4.00 to 1 From March 1December 31, 2007 1997 through February 29December 30, 2008 1998 3.75 to 1 From March 1December 31, 2008 1998 through December 30, 1999 3.50 to 1 From December 31, 1999 through December 30, 2000 3.00 to 1 From December 31, 2000 and at all times thereafter 3.00 2.50 to 1

Appears in 1 contract

Samples: Credit Agreement (Lamar Advertising Co)

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: Period Ratio --------------- --------- From the date hereof through February 28, 2007 4.75 to 1 From March 1, 2007 through February 29, 2008 2000 3.75 to 1 From March 1, 2008 2000 through August 31, 2000 3.50 to 1 From September 1, 2000 and at all times thereafter 3.00 to 1

Appears in 1 contract

Samples: Credit Agreement (Canandaigua LTD)

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 through February 28, 2007 4.75 Effective Date 4.50 to 1 through November 30, 1999 From March 1December 01, 2007 through February 29, 2008 3.75 1999 4.00 to 1 through December 30, 2000 From March 1December 31, 2008 2000 3.50 to 1 through December 30, 2001 From December 31, 2001 3.00 to 1 and at all times thereafter 3.00 to 1thereafter

Appears in 1 contract

Samples: Credit Agreement (Lamar Advertising Co)

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