Common use of Total Debt Ratio Clause in Contracts

Total Debt Ratio. The Borrower will not permit the Total Debt Ratio at any time during any period below to exceed the ratio set opposite such period below: Period Ratio ------ ----- From the Effective Date through March 30, 1998 5.50 to 1 From March 31, 1998 through June 29, 1998 6.00 to 1 From June 30, 1998 through December 30, 1998 5.25 to 1 From December 31, 1998 through December 30, 1999 5.00 to 1 From December 31, 1999 through December 30, 2000 4.50 to 1 From December 31, 2000 and at all times thereafter 4.00 to 1"

Appears in 1 contract

Samples: Credit Agreement (Lamar Advertising Co)

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Total Debt Ratio. The Borrower will not permit the Total Debt Ratio at any time during any period below to exceed the ratio set opposite such period below: Period Ratio ------ ----- From the Effective Date through March 30, 1998 5.50 to 1 From March 31, 1998 through June 29, 1998 6.00 to 1 From June 30, 1998 through December 30, 1998 5.25 to 1 From December 31, 1998 through December 30, 1999 5.00 to 1 From December 31, 1999 through December 30, 2000 4.50 6.25 to 1 From December 31, 2000 through December 30, 2001 6.00 to 1 From December 31, 2001 through December 30, 2002 5.75 to 1 From December 31, 2002 and at all times thereafter 4.00 5.50 to 1"

Appears in 1 contract

Samples: Credit Agreement (Lamar Advertising Co/New)

Total Debt Ratio. The Borrower will not permit the Total Debt Ratio at any time during any period below to exceed the ratio set opposite such period below: Period Ratio ------ ----- From the Effective Date through March 30, 1998 5.50 to 1 From March 31, 1998 through June 29, 1998 6.00 to 1 From June 30, 1998 through December 30, 1998 5.25 to 1 From December 31, 1998 through December 30, 1999 5.00 to 1 From December 31, 1999 through December 30, 2000 4.50 to 1 From December 31, 2000 and at all times thereafter 4.00 to 1"

Appears in 1 contract

Samples: Credit Agreement (Lamar Advertising Co)

Total Debt Ratio. The Borrower will not permit the Total Debt Ratio at any time during any period below to exceed the ratio set opposite such period below: Period Ratio ------ ----- From the Effective Date through March 30, 1998 5.50 6.50 to 1 From March 31, 1998 through June 29, 1998 6.00 to 1 From June 30, 1998 through December 30, 1998 5.25 to 1 From December 31, 1998 through December November 30, 1999 5.00 From December 01, 1999 6.25 to 1 From December 31, 1999 through December 30, 2000 4.50 to 1 From December 31, 2000 6.00 to 1 through December 30, 2001 From December 31, 2001 5.75 to 1 and at all times thereafter 4.00 to 1"thereafter

Appears in 1 contract

Samples: Credit Agreement (Lamar Advertising Co)

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Total Debt Ratio. The Borrower will not permit the Total Debt Ratio at any time during any period below to exceed the ratio set opposite such period below: Period Ratio ------ ----- From the Effective Date through March 30, 1998 5.50 to 1 From March 31, 1998 through June 29, 1998 6.00 to 1 From June 30, 1998 through December 30, 1998 5.25 2004 6.00 to 1 From December 31, 1998 through December 30, 1999 5.00 to 1 From December 31, 1999 through December 30, 2000 4.50 to 1 From December 31, 2000 2004 and at all times thereafter 4.00 5.75 to 1"

Appears in 1 contract

Samples: Credit Agreement (Ohio Logos Inc)

Total Debt Ratio. The Borrower will not permit the Total Debt Ratio at any time during any period below to exceed the ratio set opposite such period below: Period Ratio ------ ----- From the Effective Date through March December 30, 1998 1997 5.50 to 1 From March December 31, 1998 through June 29, 1998 6.00 to 1 From June 30, 1998 1997 through December 30, 1998 5.25 to 1 From December 31, 1998 through December 30, 1999 5.00 to 1 From December 31, 1999 through December 30, 2000 4.50 to 1 From December 31, 2000 and at all times thereafter 4.00 to 1"

Appears in 1 contract

Samples: Credit Agreement (Lamar Advertising Co)

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