Senior Secured Net Leverage Ratio. Permit the Senior Secured Net Leverage Ratio as of the last day of the four consecutive fiscal quarter period of the Designated Company then last ended (in each case taken as one accounting period), beginning with the four fiscal quarter period ending September 30, 2016, to be greater than 3.50 to 1.00.
Appears in 10 contracts
Samples: Refinancing Amendment to Credit Agreement (Novelis Inc.), Credit Agreement (Novelis Inc.), Credit Agreement (Novelis Inc.)
Senior Secured Net Leverage Ratio. Permit the Senior Secured Net Leverage Ratio as of the last day of the four consecutive fiscal quarter period of the Designated Company then last ended (in each case taken as one accounting period), beginning with the four fiscal quarter period ending September 30December 31, 20162018, to be greater than 3.50 to 1.00.
Appears in 4 contracts
Samples: Short Term Credit Agreement (Novelis Inc.), Short Term Credit Agreement (Novelis Inc.), Short Term Credit Agreement (Novelis Inc.)
Senior Secured Net Leverage Ratio. Permit As long as any Revolving Commitment shall remain in effect and beginning with the first full fiscal quarter following the Closing Date, permit the Senior Secured Net Leverage Ratio as of the last day of the four consecutive any fiscal quarter period of the Designated Company then last ended (in each case taken as one accounting period), beginning with the four fiscal quarter period ending September 30, 2016, Parent to be greater than 3.50 to 1.00.
Appears in 1 contract
Samples: Credit Agreement (Coherent Inc)
Senior Secured Net Leverage Ratio. Permit the Senior Secured Net Leverage Ratio as of the last day of the four consecutive fiscal quarter period of the Designated Company 1104695.02A-CHISR01A - MSW then last ended (in each case taken as one accounting period), beginning with the four fiscal quarter period ending September 30December 31, 20162018, to be greater than 3.50 to 1.00.
Appears in 1 contract
