Common use of Senior Secured Debt Ratio Clause in Contracts

Senior Secured Debt Ratio. The Parent will not, as of the last day of any fiscal quarter, commencing with the fiscal quarter ending September 30, 2012, permit its ratio of (i) Senior Secured Debt as of such day to (ii) EBITDAX for the period of four fiscal quarters then ending to be greater than 2.5 to 1.0.”.

Appears in 1 contract

Samples: Combined Credit Agreements (Quicksilver Resources Inc)

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Senior Secured Debt Ratio. The Parent will not, as of the last day of any fiscal quarter, commencing with the fiscal quarter ending September June 30, 20122013, permit its ratio of (i) Senior Secured Debt as of such day to (ii) EBITDAX for the period of four fiscal quarters then ending to be greater than 2.5 2.0 to 1.0.”.

Appears in 1 contract

Samples: Combined Credit Agreements (Quicksilver Resources Inc)

Senior Secured Debt Ratio. The Parent Borrower will not, as of the last day of any fiscal quarter, commencing with the fiscal quarter ending September June 30, 20122013, permit its ratio of (i) Senior Secured Debt as of such day to (ii) EBITDAX for the period of four fiscal quarters then ending to be greater than 2.5 2.0 to 1.0.”.

Appears in 1 contract

Samples: Combined Credit Agreements (Quicksilver Resources Inc)

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Senior Secured Debt Ratio. The Parent Borrower will not, as of the last day of any fiscal quarter, commencing with the fiscal quarter ending September 30, 2012, permit its ratio of (i) Senior Secured Debt as of such day to (ii) EBITDAX for the period of four fiscal quarters then ending to be greater than 2.5 to 1.0.”.

Appears in 1 contract

Samples: Combined Credit Agreements (Quicksilver Resources Inc)

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