Common use of Senior Secured Leverage Ratio Clause in Contracts

Senior Secured Leverage Ratio. Unless compliance herewith is waived by the Majority Lenders under the Revolving Facility, the Borrower will not permit for any Test Period ending on the last date of any Fiscal Quarter, the Senior Secured Leverage Ratio to exceed 3.75 to 1.00.

Appears in 7 contracts

Samples: Credit Agreement, Credit Agreement (Huntsman CORP), Credit Agreement (Huntsman International LLC)

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Senior Secured Leverage Ratio. Unless compliance herewith is waived by the Majority Lenders under the Revolving FacilityFacility Lenders, the Borrower will not permit for any Test Period ending on the last date of any Fiscal Quarter, the Senior Secured Leverage Ratio to exceed 3.75 to 1.00.

Appears in 2 contracts

Samples: Credit Agreement (Huntsman CORP), Credit Agreement (Huntsman International LLC)

Senior Secured Leverage Ratio. Unless compliance herewith is waived by the Majority Lenders under the Revolving Facility, the Borrower The Credit Parties will not permit for any Test Period ending on as of the last date day of any Fiscal Quarter, Testing Period the Senior Secured Leverage Ratio of the Credit Parties and their Subsidiaries to exceed 3.75 to 1.00be greater than 3.50:1.00.

Appears in 1 contract

Samples: Credit Agreement (DigitalOcean Holdings, Inc.)

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Senior Secured Leverage Ratio. Unless compliance herewith is waived by the Majority Lenders under the Revolving FacilityFacility Lenders, the Borrower will not permit for any Test Period ending on the last date of any Fiscal Quarter, the Senior Secured Leverage Ratio to exceed 3.75 to 1.00.. SECTION 18

Appears in 1 contract

Samples: Credit Agreement (Huntsman CORP)

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