Total Debt Ratio. Permit the Total Debt Ratio of the Issuer and its Subsidiaries during any period to be greater than the amount specified for such period in Schedule 7.03(e); provided however, for the following three month periods ending after the Second Amendment Effective Date, they shall be as follows: i. September 30, 2009 5.6 to 1.0 ii. December 31, 2009 5.6 to 1.0 iii. March 31, 2010 5.3 to 1.0
Appears in 2 contracts
Samples: Securities Purchase Agreement (FriendFinder Networks Inc.), Securities Purchase Agreement (FriendFinder Networks Inc.)
Total Debt Ratio. Permit the Total Debt Ratio of the Issuer and its Subsidiaries during any period to be greater than the amount specified for such period in Schedule 7.03(e)) to the Securities Purchase Agreement; provided however, for the following three month periods ending after the Second Amendment Effective Date, they shall be as follows:
i. September 30, 2009 5.6 to 1.0 ii. December 31, 2009 5.6 to 1.0 iii. March 31, 2010 5.3 to 1.0
Appears in 2 contracts
Samples: Sellers’ Securities Agreement (FriendFinder Networks Inc.), Sellers’ Securities Agreement (FriendFinder Networks Inc.)
Total Debt Ratio. Permit the Total Debt Ratio of the Issuer and its Subsidiaries during any period to be greater than the amount specified for such period in Schedule 7.03(e); provided however, for the following three month periods ending after the Second Amendment Effective Date, they shall be as follows:
i. September 30, 2009 5.6 to 1.0 1.0
ii. December 31, 2009 5.6 to 1.0 iii. March 31, 2010 5.3 to 1.0
Appears in 1 contract
Samples: Securities Purchase Agreement
