Senior Secured Leverage Ratio. The Company will not permit the Senior Secured Leverage Ratio on the last day of any of the Company’s fiscal quarters ending prior to December 31, 2025 to exceed 4.75 to 1.00 and will not permit the Senior Secured Leverage Ratio on the last day of any of the Company’s fiscal quarters ending on or after December 31, 2025 to exceed 3.75 to 1.00.
Appears in 2 contracts
Samples: Indenture (Geo Group Inc), Indenture (Geo Group Inc)
Senior Secured Leverage Ratio. The Company will not Without the consent of the Majority Lenders under the Revolving Facility, permit the Senior Secured Leverage Ratio on the last day of any of the Company’s fiscal quarters ending prior to December 31, 2025 quarter on which a Suspension Period is not then in effect to exceed 4.75 to 1.00 and will not permit the Senior Secured Leverage Ratio on the last day of any of the Company’s fiscal quarters ending on or after December 31, 2025 to exceed 3.75 to 1.00.
Appears in 2 contracts
Samples: Credit Agreement (Realogy Holdings Corp.), Credit Agreement (Realogy Holdings Corp.)
Senior Secured Leverage Ratio. The Except during any Collateral Release Period (during which period this Section 8.11 shall not apply), the Company will shall not permit the Senior Secured Leverage Ratio on as of the last day of any of the Company’s fiscal quarters ending prior quarter to December 31, 2025 be greater than 3.00 to exceed 4.75 to 1.00 and will not permit the Senior Secured Leverage Ratio on the last day of any of the Company’s fiscal quarters ending on or after December 31, 2025 to exceed 3.75 to 1.001.0.
Appears in 1 contract
Samples: Credit Agreement (Oshkosh Corp)
Senior Secured Leverage Ratio. The Company will Borrower shall not permit the Senior Secured Leverage Ratio on as of the last day of any of each fiscal quarter, commencing with the Company’s fiscal quarters ending prior to quarter ended December 31, 2025 2013, to exceed 4.75 to 1.00 and will not permit the Senior Secured Leverage Ratio on the last day of any of the Company’s fiscal quarters ending on or after December 31, 2025 to exceed 3.75 be more than 3.50 to 1.00.
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Senior Secured Leverage Ratio. The Company will Holdings shall not permit the Senior Secured Leverage Ratio on as of the last day of any of Fiscal Quarter, beginning with the Company’s fiscal quarters Fiscal Quarter ending prior to December March 31, 2025 2008, to exceed 4.75 to 1.00 and will not permit the Senior Secured Leverage Ratio on the last day of any of the Company’s fiscal quarters ending on or after December 31, 2025 to exceed 3.75 3.00 to 1.00.
Appears in 1 contract
Samples: Credit and Guaranty Agreement (American Reprographics CO)
Senior Secured Leverage Ratio. The Company will not permit the Senior Secured Leverage Ratio on as of the last day of any fiscal quarter of the Company’s fiscal quarters ending prior to December 31, 2025 Company to exceed 4.75 to 1.00 and will not permit the Senior Secured Leverage Ratio on the last day of any of the Company’s fiscal quarters ending on or after December 31, 2025 to exceed 3.75 1.75 to 1.00.
Appears in 1 contract
Samples: Intercreditor Agreement (Ascena Retail Group, Inc.)
Senior Secured Leverage Ratio. The Company will Borrower shall not permit the Senior Secured Leverage Ratio on as of the last day of any of each fiscal quarter, commencing with the Company’s fiscal quarters quarter ending prior immediately after the HY Note Issuance, to December 31, 2025 to exceed 4.75 to 1.00 and will not permit the Senior Secured Leverage Ratio on the last day of any of the Company’s fiscal quarters ending on or after December 31, 2025 to exceed 3.75 be more than 2.50 to 1.00.
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Senior Secured Leverage Ratio. The Company Xxxxxxxx will not permit the Senior Secured Leverage Ratio on as of the last day of any of the Company’s fiscal quarters ending prior quarter to December 31, 2025 to exceed 4.75 to 1.00 and will not permit the Senior Secured Leverage Ratio on the last day of any of the Company’s fiscal quarters ending on or after December 31, 2025 to exceed 3.75 be greater than 3.25 to 1.00.
Appears in 1 contract
Samples: Credit Agreement (Crawford & Co)
Senior Secured Leverage Ratio. The Company Holdings will not permit the Senior Secured Leverage Ratio Ratio, on the last day of any of fiscal quarter, for the Company’s fiscal quarters trailing four quarter period ending prior on such date, set forth opposite the applicable date below, to be greater than the ratio set forth below opposite such date: Period Ratio December 31, 2025 2021 through and including 3.25 to exceed 4.75 1.0 December 31, 2022 March 31, 2023 through and including June 30, 3.00 to 1.00 1.0 2023 September 30, 2023 through and will not permit the Senior Secured Leverage Ratio on including 2.75 to 1.0 December 31, 2023 March 31, 2024 and the last day of any of the Company’s each fiscal quarters 2.50 to 1.0 quarter ending on or after December 31, 2025 to exceed 3.75 to 1.00.thereafter
Appears in 1 contract
Samples: Credit Agreement (CompoSecure, Inc.)
Senior Secured Leverage Ratio. The Company Holdings will not permit the Senior Secured Leverage Ratio Ratio, on the last day of any of fiscal quarter commencing June 30, 2024, for the Company’s fiscal quarters ending prior to December 31, 2025 to exceed 4.75 to 1.00 and will not permit the Senior Secured Leverage Ratio on the last day of any of the Company’s fiscal quarters trailing four quarter period ending on or after December 31such date, 2025 to exceed 3.75 to 1.00be greater than 2.50:1.00.
Appears in 1 contract
Samples: Credit Agreement (CompoSecure, Inc.)
Senior Secured Leverage Ratio. The Company U.S. Borrower will not permit the Senior Secured Leverage Ratio on as of the last day of any of the Company’s fiscal quarters ending prior to December 31, 2025 Fiscal Quarter to exceed 4.75 to 1.00 and will not permit the Senior Secured Leverage Ratio on the last day of 3.25:1.0 (or, at any of the Company’s fiscal quarters ending time on or after December 31, 2025 to exceed 3.75 to 1.002008, 3.00:1.00).”.
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