Total Cash Flow Leverage Ratio. The Borrower will not permit the Total Cash Flow Leverage Ratio, as of the last day of any fiscal quarter, to be more than 3.5 to 1.0.
Total Cash Flow Leverage Ratio. Commencing with the Fiscal Year ending April 3, 2016, the Borrower and the Subsidiaries will not permit the Total Cash Flow Leverage Ratio, as of the last day of any Fiscal Quarter for the four consecutive Fiscal Quarters ending on that date, to be greater than or equal to 3.0 to 1.0.
Total Cash Flow Leverage Ratio. Section 6.26 of the Credit Agreement is hereby amended in its entirety to read as follows:
Total Cash Flow Leverage Ratio. The Borrowers and their Subsidiaries will not permit the Total Cash Flow Leverage Ratio, as of the last day of any fiscal quarter for the four consecutive fiscal quarters ending on the dates indicated, to be equal to or more than (a) 4.50 to 1.00 for the fiscal quarter ending September 30, 2012 through the fiscal quarter ending Xxxxx 00, 0000, (x) 4.25 to 1.00 for the fiscal quarter ending June 30, 2013, (c) 4.00 to 1.00 for the fiscal quarter ending September 30, 2013, (d) 3.75 to 1.00 for the fiscal quarter ending December 31, 2013, (e) 3.50 to 1.00 for the fiscal quarter ending Xxxxx 00, 0000, (x) 3.25 to 1.00 for the fiscal quarter ending June 30, 2014 and (g) 3.00 to 1.00 each fiscal quarter thereafter.
Total Cash Flow Leverage Ratio. The Borrower will not permit the Total Cash Flow Leverage Ratio, as of the last day of any fiscal quarter for the four consecutive fiscal quarters ending on that date, to be (i) as of September 30, 2015, December 31, 2015 and March 31, 2016, more than 3.75 to 1.0, (ii) as of June 30, 2016, more than 4.50 to 1.0, (iii) as of September 30, 2016, more than 4.00 to 1.0, (iv) as of December 31, 2016, more than 3.75 to 1.0, (v) as of March 31, 2017, more than 3.50 to 1.0, (vi) as of June 30, 2017, more than 3.25 to 1.0 and (vii) for all periods thereafter, more than 3.00 to 1.0.
Total Cash Flow Leverage Ratio. The Borrowers and their Subsidiaries will not permit the Total Cash Flow Leverage Ratio, as of the last day of any fiscal quarter for the four consecutive fiscal quarters ending on that date, to be equal to or more than 3.00 to 1.00; provided, that if an Acquisition Triggering Event has occurred, the Total Cash Flow Leverage Ratio, as of the last day of each fiscal quarter following the Acquisition Triggering Event through the period ending on the last day of the fourth quarter (including any partial quarter) following the date of the closing of the Permitted Acquisition to which the Acquisition Triggering Event relates, shall not be greater than 3.50 to 1.00.
Total Cash Flow Leverage Ratio. The Borrowers and their Subsidiaries will not permit the Total Cash Flow Leverage Ratio, as of the last day of each month set forth below for the period of the twelve consecutive months ending on the dates indicated, to be equal to or more than (a) 4.50 to 1.00 for the period ending on September 30, 2013, (b) 5.00 to 1.00 for the period ending December 31, 2013, and for the periods ending January 31, 2014, and February 28, 2014, (c) 4.75 to 1.00 for the period ending Xxxxx 00, 0000, (x) 4.25 to 1.00 for the period ending April 30, 2014, (e) 3.00 to 1.00 for the period ending May 31, 2014, (f) 2.75 to 1.00 for the period ending June 30, 2014, and (g) 2.50 to 1.00 for each period ending the last day of a month thereafter. For the avoidance of doubt, there is no Total Cash Flow Leverage Ratio requirement for the twelve-month periods ending on October 31, 2013 and November 30, 2013.
