Total Debt Ratio. Permit the Total Debt Ratio as of the last day of any Fiscal Quarter described in the matrix below to exceed the ratio set forth opposite that Fiscal Quarter: July 31, 2001 through and including July 31, 2003 4.75:1.00 October 31, 2003 through and including July 31, 2004 4.50:1.00 October 31, 2004 and later Fiscal Quarters 4.25:1.00
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Samples: Capital Markets Term Loan Agreement (Mandalay Resort Group), Revolving Loan Agreement (Mandalay Resort Group)
Total Debt Ratio. Permit the Total Debt Ratio as of the last day of any Fiscal Quarter described in the matrix below to exceed the ratio set forth opposite that Fiscal Quarter: July 31, 2001 through and including July January 31, 2003 4.75:1.00 October 315.50:1.00 April 30, 2003 through and including January 31, 2004 5.25:1.00 April 30, 2004 July 31, 2004 4.50:1.00 October 31, 2004 and later Fiscal Quarters 4.25:1.00thereafter 4.25:1.00 ."
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Total Debt Ratio. Permit the Total Debt Ratio as of the last day of any Fiscal Quarter described in the matrix below to exceed the ratio set forth opposite that Fiscal Quarter: January 31, 2002 through and including April 30, 2002 5.25:1.00 July 31, 2001 2002 through and including January 31, 2003 5.50:1.00 April 30, 2003 5.00:1.00 July 31, 2003 4.75:1.00 October 31, 2003 through and including July 31, 2004 4.50:1.00 October 31, 2004 and later Fiscal Quarters thereafter 4.25:1.00"
3. Amendment to Section 6.12
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Total Debt Ratio. Permit the Total Debt Ratio as of the last day of any Fiscal Quarter described in the matrix below to exceed the ratio set forth opposite that Fiscal Quarter: Maximum Total Debt Ratio July 31, 2001 through and including July 31, 2003 4.75:1.00 October 31, 2003 through and including July 31, 2004 4.50:1.00 October 31, 2004 and later Fiscal Quarters 4.25:1.00.
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Total Debt Ratio. Permit the Total Debt Ratio as of the last day of any Fiscal Quarter described in the matrix below to exceed the ratio set forth opposite that Fiscal Quarter: January 31, 2002 through and including April 30, 2002 5.25:1.00 July 31, 2001 2002 through and including January 31, 2003 5.50:1.00 April 30, 2003 5.00:1.00 July 31, 2003 4.75:1.00 October 31, 2003 through and including July 31, 2004 4.50:1.00 October 31, 2004 and later Fiscal Quarters 4.25:1.00thereafter 4.25:1.00 "
3. Amendment to Section 6.12β
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