Senior Secured Debt Leverage Ratio Sample Clauses

Senior Secured Debt Leverage Ratio. Permit the Senior Secured Debt Leverage Ratio on the last day of any fiscal quarter of Terex ending during any period set forth below to be in excess of the ratio set forth below for such period: Period Ratio ------ ----- October 1, 2001 - March 31, 2003 2.25 to 1.00 April 1, 2003 - December 31, 2003 2.00 to 1.00 Thereafter Not Applicable"
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Senior Secured Debt Leverage Ratio. The Borrower shall not at any time permit the Senior Secured Debt Leverage Ratio to exceed the ratio set forth below for any fiscal quarter ending during the periods indicated below: Period Senior Secured Debt Leverage Ratio ------ ---------------------------------- September 30, 2003 through December 31, 2005 4.00 to 1.00 March 31, 2006 and thereafter 3.50 to 1.00"
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Senior Secured Debt Leverage Ratio. The Borrower shall not at any time permit the Senior Secured Debt Leverage Ratio to exceed the ratio set forth below at any time during any fiscal quarter ending during the periods indicated below:
Sample 1
Senior Secured Debt Leverage Ratio. Permit the Senior Secured Debt Leverage Ratio as of the last day of any fiscal quarter to be greater than the amount set forth below opposite such fiscal quarter (or opposite the period that includes such fiscal quarter): Period Senior Secured Debt Leverage Ratio 1st Fiscal Quarter of 2019 2.25:1.0 2nd and 3rd Fiscal Quarters of 2019 2.0:1.0 4th Fiscal Quarter of 2019 1.75:1.0 1st Fiscal Quarter of 2020 1.5:1.0 2nd Fiscal Quarter of 2020 1.25:1.0 Thereafter 1.0:1.0
Sample 1

Related to Senior Secured Debt Leverage Ratio

  • Senior Secured Leverage Ratio Holdings and the Borrower will not permit the Senior Secured Leverage Ratio as of the last day of a fiscal quarter set forth below to exceed the ratio set forth opposite such date: Fiscal Quarter Ended Ratio -------------------- ----- March 31, 2006 4.50 to 1.00 June 30, 2006 4.50 to 1.00 September 30, 2006 4.50 to 1.00 December 31, 2006 4.50 to 1.00 March 31, 2007 4.50 to 1.00 June 30, 2007 4.50 to 1.00 September 30, 2007 4.50 to 1.00 December 31, 2007 4.00 to 1.00 March 31, 2008 4.00 to 1.00 June 30, 2008 4.00 to 1.00 September 30, 2008 4.00 to 1.00 December 31, 2008 3.75 to 1.00 March 31, 2009 3.75 to 1.00 June 30, 2009 3.75 to 1.00 September 30, 2009 3.75 to 1.00 December 31, 2009 3.50 to 1.00

  • Consolidated Senior Secured Leverage Ratio Permit the Consolidated Senior Secured Leverage Ratio as of the end of any Measurement Period to be greater than 3.50 to 1.00.

  • 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.

  • 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%).

  • Consolidated Secured Leverage Ratio The Borrower shall cause the Consolidated Secured Leverage Ratio, as of the end of any fiscal quarter, to be equal to or less than 30%.

  • Maximum Secured Leverage Ratio As of the last day of any fiscal quarter, the Secured Leverage Ratio to exceed forty percent (40%);

  • Maximum Senior Leverage Ratio Borrower and its Subsidiaries on a consolidated basis shall have, at the end of each Fiscal Quarter set forth below, a Senior Leverage Ratio as of the last day of such Fiscal Quarter and for the 12-month period then ended of not more than the following:

  • Net Leverage Ratio Subject to the proviso set forth in Section 10.3, the Company will not permit the Consolidated Net Leverage Ratio at any time during any period of four consecutive fiscal quarters of the Company to be greater than (a) 3.50 to 1.00 or (b) during an Acquisition Holiday Period, 4.00 to 1.00.

  • Consolidated Senior Leverage Ratio Permit at any time the Consolidated Senior Leverage Ratio to exceed the ratio set forth opposite the applicable period below: Consolidated Period Senior Leverage Ratio ------ --------------------- March 30, 2003 2.30 : 1.00 March 31, 2003 - June 29, 2003 2.20 : 1.00 June 30, 2003 - December 28, 2003 2.00 : 1.00 December 29, 2003 and thereafter 1.75 : 1.00

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