Common use of Senior Indebtedness Leverage Ratio Clause in Contracts

Senior Indebtedness Leverage Ratio. The Parent shall not on any date permit the Senior Indebtedness Leverage Ratio to exceed (a) for the Rolling Periods ending on September 30, 1998 through September 30, 1999, 4.0 to 1.0, (b) for any Rolling Period thereafter, 3.5 to 1.0.

Senior Indebtedness Leverage Ratio. The Parent shall not on any date permit the Senior Indebtedness Leverage Ratio to exceed (a) for the Rolling Periods ending on September 30, 1998 through September 30, 1999, 4.0 to 1.0, (b) for at any Rolling Period time thereafter through December 31, 2001, 3.00 to one and (c) at any time thereafter, 3.5 1.50 to 1.0.