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.
Appears in 1 contract
Samples: Credit Agreement (Hawkins Inc)
Total Cash Flow Leverage Ratio. Commencing with the Fiscal Year ending April 3, 2016, the The Borrower and the Subsidiaries will not permit the Total Cash Flow Leverage Ratio, as of the last day of any Fiscal Quarter fiscal quarter for the four consecutive Fiscal Quarters fiscal quarters ending on that date, to be greater (i) as of the Restatement Date, and as of September 30, 2012, December 31, 2012, and March 31, 2013, more than or equal 3.25 to 3.0 1.0, (ii) as of June 30, 2013, September 30, 2013, December 31, 2013, and March 31, 2014, more than 3.00 to 1.0, and (iii) for all periods thereafter, more than 2.50 to 1.0.
Appears in 1 contract
Samples: Credit Agreement (Roadrunner Transportation Systems, Inc.)
Total Cash Flow Leverage Ratio. Commencing with the Fiscal Year ending April 3, 2016, the The Borrower and the Subsidiaries will not permit the Total Cash Flow Leverage Ratio, as of the last day of any Fiscal Quarter fiscal quarter for the four consecutive Fiscal Quarters fiscal quarters ending on that date, to be greater (i) as of September 30, 2015, December 31, 2015 and March 31, 2016, more than or equal 3.75 to 3.0 1.0, (ii) as of June 30, 2016 and September 30, 2016, more than 3.50 to 1.0, (iii) as of December 31, 2016, more than 3.25 to 1.0, and (iv) for all periods thereafter, more than 3.00 to 1.0.
Appears in 1 contract
Samples: Credit Agreement (Roadrunner Transportation Systems, Inc.)
Total Cash Flow Leverage Ratio. Commencing with the Fiscal Year ending April 3, 2016, the Borrower The Borrowers and the their Subsidiaries will not permit the Total Cash Flow Leverage Ratio, as of the last day of any Fiscal Quarter fiscal quarter for the four consecutive Fiscal Quarters fiscal quarters ending on that date, to be equal to or more than 3.00 to 1.00; provided, that for the four quarter period following any Acquisition Triggering Event, the Total Cash Flow Leverage Ratio, as of the last day of each fiscal quarter during such period for the four consecutive fiscal quarters ending on that date, shall not be greater than or equal 3.50 to 3.0 to 1.01.00.
Appears in 1 contract
Samples: Credit Agreement (Dolan Co.)
Total Cash Flow Leverage Ratio. Commencing with the Fiscal Year ending April 3, 2016, the The Borrower and the Subsidiaries will not permit the Total Cash Flow Leverage Ratio, as of the last day of any Fiscal Quarter fiscal quarter for the four consecutive Fiscal Quarters fiscal quarters ending on that date, to be greater (i) as of June 30, 2014, September 30, 2014, December 31, 2014, March 31, 2015, June 30, 2015, September 30, 2015, and December 31, 2015, more than or equal 3.50 to 3.0 1.0, (ii) as of March 31, 2016, June 30, 2016, September 30, 2016, and December 31, 2016, more than 3.25 to 1.0, and (iii) for all periods thereafter, more than 3.00 to 1.0.
Appears in 1 contract
Samples: Credit Agreement (Roadrunner Transportation Systems, Inc.)
Total Cash Flow Leverage Ratio. Commencing with the Fiscal Year ending April 3, 2016, the The Borrower and the Subsidiaries will not permit the Total Cash Flow Leverage Ratio, as of the last day of any Fiscal Quarter fiscal quarter for the four consecutive Fiscal Quarters fiscal quarters ending on that date, to be greater (i) as of the Restatement Date, and as of September 30, 2013, December 31, 2013, March 31, 2014, June 30, 2014, September 30, 2014, and December 31, 2014, more than or equal 3.25 to 3.0 1.0, (ii) as of March 31, 2015, June 30, 2015, September 30, 2015, and December 31, 2015, more than 3.00 to 1.0, and (iii) for all periods thereafter, more than 2.75 to 1.0.
Appears in 1 contract
Samples: Credit Agreement (Roadrunner Transportation Systems, Inc.)
Total Cash Flow Leverage Ratio. Commencing with the Fiscal Year ending April 3, 2016, the The Borrower and the Subsidiaries will not permit the Total Cash Flow Leverage Ratio, as of the last day of any Fiscal Quarter fiscal quarter for the four consecutive Fiscal Quarters fiscal quarters ending on that date, to be greater (i) as of the Closing Date, and as of September 30, 2011, December 31, 2011, March 31, 2012, and June 30, 2012, more than or equal 3.25 to 3.0 1.0, (ii) as of September 30, 2012, December 31, 2012, March 31, 2013, and June 30, 2013, more than 3.00 to 1.0, and (iii) for all periods thereafter, more than 2.50 to 1.0.
Appears in 1 contract
Samples: Credit Agreement (Roadrunner Transportation Systems, Inc.)