Senior Secured Funded Debt Ratio Sample Clauses

Senior Secured Funded Debt Ratio. Permit or suffer the Senior Secured Funded Debt Ratio of the Company and Subsidiaries to exceed at any time: (i) 3.00:1.00 from and including the Effective Date through and including July 30, 1998; (ii) 4.50:1.00 from and including July 31, 1998 through and including August 30, 1998; (iii) 5.25:1.00 from and including August 31, 1998 through and including September 29, 1998; (iv) 9.00:1.00 from and including September 30, 1998 through and including October 30, 1998; (v) 8.50:1.00 from and including October 31, 1998 through and including December 30, 1998; (vi) 9.00:1.00 from and including December 31, 1998 through and including February 27, 1999; (vii) 7.50:1.00 from and including February 28, 1999 through and including June 29, 1999; (viii) 5.00:1.00 from and including June 30, 1999 through and including July 30, 1999; (ix) 3.50 :1.00 from and including July 31, 1999 through and including August 30, 1999; (x) 2.00:1.00 at any time thereafter.
Sample 1
AutoNDA by SimpleDocs
Senior Secured Funded Debt Ratio. Permit or suffer the Senior Secured Funded Debt Ratio of the Company and Subsidiaries to exceed at any time: (i) 7.50:1.00 from and including June 30, 1999 through and including August 30, 1999; (ii) 5.00:1.00 from and including August 31, 1999 through and including September 29, 1999; (iii) 3.00:1.00 from and including September 30, 1999 through and including December 30, 1999; (iv) 2.50:1.00 from and including December 31, 1999 through and including June 29, 2000; or (v) 2.00:1.00 at any time thereafter. 1.6 Section 5.2(e) is restated as follows:
Sample 1Sample 2
Senior Secured Funded Debt Ratio. Permit or suffer the Senior Secured Funded Debt Ratio of the Company and Subsidiaries to exceed at any time: (i) 2.00:1.00 from and including the Effective Date through and including July 30, 1998; (ii) 3.00:1.00 from and including July 31, 1998 through and including October 30, 1998; (iii) 4.00:1.00 from and including October 31, 1998 through and including January 30, 1999; (iv) 4.25:1.00 from and including January 31, 1999 to and including April 29, 1999; (v) 3.00:1.00 from and including April 30, 1999 to and including July 30, 1999 and (vi) 2.00:1.00 from and including July 31, 1999 through and including December 31, 1999.
Sample 1Sample 2

Related to Senior Secured Funded Debt Ratio

  • Senior Secured Leverage Ratio The Borrower shall not permit the Senior Secured Leverage Ratio at the end of any Fiscal Quarter set forth below to be greater than the ratio set forth below opposite such Fiscal Quarter: Fiscal Quarter Ending Maximum Senior Secured Leverage Ratio September 30, 2017 4.75 to 1.00 December 31, 2017 4.25 to 1.00 March 31, 2018 3.75 to 1.00 June 30, 2018 3.25 to 1.00 September 30, 2018 and each Fiscal Quarter thereafter 3.00 to 1.00 (v) Section 8.01(e) of the Credit Agreement is hereby amended to read as follows:

  • Consolidated Senior Secured Leverage Ratio As of any fiscal quarter end, permit the Consolidated Senior Secured Leverage Ratio to be greater than 1.25 to 1.00.

  • Debt Ratio Permit the Debt Ratio at the last day of any fiscal quarter to be greater than the ratio set forth below opposite the fiscal quarter during which such fiscal quarter occurs: Fiscal Quarter Ending Ratio --------------------- ----- December 31, 1999 4.75 March 31, 2000 4.75 June 30, 2000 4.75 September 30, 2000 4.50 December 31, 2000 4.50 March 31, 2001 4.50 June 30, 2001 4.50 September 30, 2001 3.75 December 31, 2001 3.75 March 31, 2002 3.75 June 30, 2002 3.75 September 30, 2002 3.25 and thereafter

  • Funded Debt Ratio Permit the Funded Debt Ratio, as of the last day of any Fiscal Quarter, to be greater than the ratio set forth below opposite such Fiscal Quarter or the period during which such Fiscal Quarter ends: Period/Fiscal Quarter Maximum Ratio December 31, 2002 3.50:1.00 March 31, 2003 2.60:1.00 June 30, 2003 2.50:1.00 September 30, 2003 2.00:1.00 December 31, 2003 through March 31, 2004 1.75:1.00 April 1, 2004 through December 31, 2004 1.50:1.00

  • Senior Leverage Ratio The Borrower shall not permit its Senior Leverage Ratio at any time to exceed 2.75 to 1.00.

  • Consolidated Senior Leverage Ratio As of the end of each fiscal quarter of the members of the Consolidated Group, the Consolidated Senior Leverage Ratio shall not be greater than the ratio set forth below: Fiscal Quarter End Ratio ------------------ ----- December 31, 2000 3.00:1.0 March 31, 2001 3.10:1.0 June 30, 2001 3.10:1.0 September 30, 2001 2.75:1.0 December 31, 2001 and thereafter 2.50:1.0 1.6 Clause (c) of Section 7.9 of the Credit Agreement is amended to read as follows:

  • 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%).

  • Maximum Senior Leverage Ratio Permit the Senior Leverage Ratio on the last day of any fiscal quarter during any period set forth below to be greater than the ratio set forth opposite such date or period below: Period Ratio ------ ----- September 30, 2001 2.50:1.0 December 31, 2001 2.00:1.0 March 31, 2002 through June 30, 2002 2.50:1.0 September 30, 2002 2.00:1.0 December 31, 2002 1.50:1.0 March 31, 2003 through June 30, 2003 2.00:1.0 September 30, 2003 1.50:1.0 December 31, 2003 and thereafter 1.25:1.0

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

  • Leverage Ratio The Borrower will not permit the Leverage Ratio to exceed 4.50 to 1.0 on the last day of any Fiscal Quarter.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!