Senior Leverage Ratio. The Senior Leverage Ratio, as of the end of --------------------- each fiscal quarter, shall be less than or equal to: (i) From the Effective Date to and including November 29, 1999, 2.50 to 1.0; and (ii) From November 30, 1999 and thereafter, 2.0 to 1.0.
Appears in 2 contracts
Samples: Credit Agreement (Chattem Inc), Credit Agreement (Chattem Inc)
Senior Leverage Ratio. The Senior Leverage Ratio, as of the end of --------------------- each fiscal quarter, shall be less than or equal to:
(i) From the Effective Date to and including November 29May 31, 19991998, 2.50 3.25 to 1.0;
(ii) From June 1, 1998 to and including August 31, 1998, 3.0 to 1.0; and
(iiiii) From November 30September 1, 1999 1998 and thereafter, 2.0 2.50 to 1.0.
Appears in 2 contracts
Samples: Credit Agreement (Chattem Inc), Credit Agreement (Chattem Inc)
Senior Leverage Ratio. The Senior Leverage Ratio, as of the end of --------------------- each fiscal quarter, shall be less than or equal to:
(i) From the Effective Date to and including November 29, 19991996, 2.50 3.5 to 1.0; and;
(ii) From November 30, 1996 to and including May 30, 1997, 3.0 to 1.0;
(iii) From May 31, 1997 to and including February 27, 1999, 2.0 to 1.0;
(iv) From February 28, 1999 and thereafter, 2.0 1.5 to 1.0.
Appears in 1 contract
Samples: Credit Agreement (Chattem Inc)
Senior Leverage Ratio. The Senior Leverage Ratio, as of the end of --------------------- each fiscal quarter, shall be less than or equal to:
: (i) From the Effective Date to and including November 29August 31, 19991997, 2.50 4.0 to 1.0; and
(ii) From November 30, 1999 and thereafter, 2.0 to 1.0.70
Appears in 1 contract
Samples: Credit Agreement (Chattem Inc)
Senior Leverage Ratio. The Senior Leverage Ratio, for the twelve-month period ending as of the end of --------------------- each fiscal quarterquarter end, shall be less than or equal to:
(i) From the Effective Date to and including November 29, 1999, 2.50 to 1.0; and
(ii) From November 30, 1999 and thereafter, 2.0 3.0 to 1.0.
Appears in 1 contract
Senior Leverage Ratio. The Senior Leverage Ratio, as of the end of --------------------- each fiscal quarter, shall be less than or equal to:
(i) From the Effective Date to and including November 2930, 19992003, 2.50 1.50 to 1.0; and
(ii) From November 30December 1, 1999 2003 and thereafter, 2.0 1.00 to 1.0.
Appears in 1 contract
Samples: Credit Agreement (Chattem Inc)
Senior Leverage Ratio. The Senior Leverage Ratio, as of the end last day of --------------------- each fiscal quarterquarter of the Parent Borrower and its Restricted Subsidiaries occurring during each of the periods set forth below, shall be less than or equal to:
(i) From to the Effective following: Period Ratio ------ ----- Closing Date to through and including November 29December 31, 19992001 3.75 to 1.0 January 1, 2.50 2002 through and including December 31, 2002 3.50 to 1.0 January 1, 2003 and thereafter 3.25 to 1.0; and
(ii) From November 30, 1999 and thereafter, 2.0 to 1.0.
Appears in 1 contract
Senior Leverage Ratio. The Permit the Senior Leverage Ratio, Ratio as of the end last day of --------------------- each fiscal quarter, shall year set forth below to be less greater than or equal to:
(i) From the Effective Date ratio set forth opposite such date set forth below: 2002 4.00 to 1.00 2003 2.35 to 1.00 2004 1.61 to 1.00 2005 1.07 to 1.00 2006 and including November 29, 1999, 2.50 thereafter 0.68 to 1.0; and
(ii) From November 30, 1999 and thereafter, 2.0 to 1.0.1.00
Appears in 1 contract
Senior Leverage Ratio. The Senior Leverage Ratio, for the twelve months ending as of the end of --------------------- each fiscal quarterquarter end, shall be less than or equal to:
(i) From the Effective Date to and including November 29, 1999, 2.50 3.25 to 1.0; and
(ii) From November 30, 1999 and thereafter, 2.0 to 1.01.0 at all times.
Appears in 1 contract
Senior Leverage Ratio. The Senior Leverage Ratio, as of the end last day of --------------------- each fiscal quarterquarter of the Consolidated Parties set forth below, shall be less than or equal to:
(i) From the Effective Date to and including November 29, 1999, : Fiscal Year September 30 December 31 March 31 June 30 2002 NA 2.50 to 1.0; and
(ii) From November 30, 1999 and thereafter, 2.0 1.00 2.50 to 1.0.1.00 2.50 to 1.00
Appears in 1 contract
Samples: Credit Agreement (Insight Health Services Holdings Corp)
Senior Leverage Ratio. The Permit the Senior Leverage Ratio, Ratio as of the end last day of --------------------- each fiscal quarter, shall year set forth below to be less greater than or equal to:
(i) From the Effective Date ratio set forth opposite such date set forth below: Year Ratio ---- ----- -40- 2002 4.00 to 1.00 2003 2.35 to 1.00 2004 1.61 to 1.00 2005 1.07 to 1.00 2006 and including November 29, 1999, 2.50 thereafter 0.68 to 1.0; and
(ii) From November 30, 1999 and thereafter, 2.0 to 1.0.1.00
Appears in 1 contract
Samples: Loan Agreement (Finova Capital Corp)
Senior Leverage Ratio. The Permit the Senior Leverage Ratio, Ratio as of the end last day of --------------------- each fiscal quarter, shall year set forth below to be less greater than or equal to:
(i) From the Effective Date ratio set forth opposite such date set forth below: Year Ratio ---- ----- 2002 4.00 to 1.00 2003 2.35 to 1.00 2004 1.61 to 1.00 2005 1.07 to 1.00 2006 and including November 29, 1999, 2.50 thereafter 0.68 to 1.0; and
(ii) From November 30, 1999 and thereafter, 2.0 to 1.0.1.00
Appears in 1 contract
Senior Leverage Ratio. The Senior Leverage Ratio, as of the end of --------------------- each fiscal quarter, shall be less than or equal to:
: (i) From the Effective Date to and including November 29August 31, 19991997, 4.0 to 1.0; (ii) From September 1, 1997 to and including May 31, 1998, 3.25 to 1.0; (iii) From June 1, 1998 to and including August 31, 1998, 3.0 to 1.0; and (iv) From September 1, 1998 and thereafter, 2.50 to 1.0; and
(ii) From November 30, 1999 and thereafter, 2.0 to 1.0.
Appears in 1 contract
Samples: Credit Agreement (Chattem Inc)