Total Consolidated Leverage Ratio. Permit the Total Consolidated Leverage Ratio as of the end of any fiscal quarter of the Parent to be greater than 5.75 to 1.00.
Total Consolidated Leverage Ratio. As of the last day of each Leverage Test Period beginning on June 30, 2002 through and including December 31, 2002, the Total Leverage Ratio shall not exceed 4.50:1.00. As of the last day of each Leverage Test Period beginning on January 1, 2003 through and including March 31, 2003, the Total Leverage Ratio shall not exceed 4.25:1.00. As of the last day of each Leverage Test Period beginning on April 1, 2003 through and including December 31, 2003, the Total Leverage Ratio shall not exceed 4.00:1.00. As of the last day of each Leverage Test Period beginning on January 1, 2004 through and including December 31, 2004, the Total Leverage Ratio shall not exceed 3.75:1.00. As of the last day of each Leverage Test Period beginning on January 1, 2005 through and including December 31, 2005, the Total Leverage Ratio shall not exceed 3.50:1.00. As of the last day of each Leverage Test Period after January 1, 2006, the Total Leverage Ratio shall not exceed 3.25:1.00.
Total Consolidated Leverage Ratio. Permit the Total Consolidated Leverage Ratio as of the end of any fiscal quarter of the Parent to be greater than the ratio set forth below opposite such period: Fiscal Quarter Ending in the Month of Total Consolidated Leverage Ratio June 2017 5.95 to 1.00 September 2017 5.95 to 1.00 December 2017 5.95 to 1.00 March 2018 5.95 to 1.00 June 2018 5.95 to 1.00 September 2018 5.75 to 1.00 December 2018 and each fiscal quarter thereafter 5.50 to 1.00 16204316_8
Total Consolidated Leverage Ratio. Permit the Total Consolidated Leverage Ratio as of the end of any fiscal quarter of the Parent to be greater than the ratio set forth below opposite such fiscal quarter (the “Maximum Total Consolidated Leverage Ratio”): Four Fiscal Quarters Ending Maximum Total Consolidated Leverage Ratio on each Fiscal Reporting Date that occurs prior to the First Amendment Closing Date 4.75 to 1.00 on the First Amendment Closing Date, or if the First Amendment Closing Date is not on a Fiscal Reporting Date, then on the first Fiscal Reporting Date that occurs after the First Amendment Closing Date through the Fiscal Reporting Date occurring in December, 2012 7.00 to 1.00 the Fiscal Reporting Date occurring in March, 2013 through the Fiscal Reporting Date occurring in December, 2013 5.75 to 1.00 the Fiscal Reporting Date occurring in March, 2014 through the Fiscal Reporting Date occurring in September, 2014 5.25 to 1.00 the Fiscal Reporting Date occurring in December, 2014 and each Fiscal Reporting Date thereafter 4.75 to 1.00; provided, however, that such ratio shall be 5.00 to 1.00 during any Acquisition Period. ; provided, that if a Triggering Event (defined below) occurs during any fiscal quarter (each, a “Triggering Event Quarter”), the Maximum Total Consolidated Leverage Ratio shall be reduced, effective as of the Fiscal Reporting Date occurring in the fiscal quarter in which the Triggering Event occurs, by the aggregate amount of the reductions attributable to all Triggering Events occurring during such Triggering Event Quarter; provided, further, that the Maximum Total Consolidated Leverage Ratio shall in no event be less than 4.75 to 1.00 (5.00 to 1.00 during any Acquisition Period).
