Total Debt Service Ratio Sample Clauses

Total Debt Service Ratio. Not permit International’s Total Debt Service Ratio to be less than the following ratios as of the following dates: Total Debt Service Ratio Date 1.10 to 1 12/31/01 1.10 to 1 03/31/02 1.10 to 1 06/30/02 1.10 to 1 09/30/02 1.20 to 1 12/31/02 1.20 to 1 03/31/03 1.20 to 1 06/30/03 1.20 to 1 09/30/03
Sample 1See All (4)
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Total Debt Service Ratio. The Company will not permit its Total Debt Service Ratio with respect to the 12-month period ending on the last day of any fiscal quarter of the Company to be less than the ratio set forth below opposite such fiscal quarter: Fiscal Quarter Ending Ratio April 30, 1998 1.60:1.0 0 July 31, 1998 1.60:1.0 0 October 31, 1998 1.70:1.0 0 January 31, 1999 1.80:1.0 0 April 30, 1999 1.90:1.0 0 July 31, 1999 2.00:1.0 0 October 31, 1999 2.05:1.0 0 January 31, 2000 2.10:1.0 0 April 30, 2000 2.15:1.0 0 July 31, 2000 2.20:1.0 October 31, 2000 and the 0 last day of any subsequent fiscal quarter of the Company 2.25:1.0 0
Sample 1
Total Debt Service Ratio. On a consolidated basis, the ------------------------ Borrowers shall maintain a Total Debt Service Ratio of not less than:
Sample 1
Total Debt Service Ratio. As of the last day of any fiscal quarter below, the Total Debt Service Coverage Ratio shall not be less than (i) for the fiscal quarters ending December 31, 2009 and March 31, 2010: 1.00:1.00 and (ii) for the fiscal quarter ending June 30, 2010 and each fiscal quarter end thereafter: 1.20:1.00
Sample 1
Total Debt Service Ratio. The ratio of (a) Consolidated EBITDA minus actual cash payments made or accrued on account of taxes and Capital Expenditures (measured on the last day of each fiscal quarter of the Company) to (b) Consolidated Total Debt Service (excluding the Cambridge Acquisition Note) shall not at any time be less than the ratios corresponding to such period in the table set forth below: FOUR CONSECUTIVE FISCAL QUARTERS ENDED TOTAL DEBT SERVICE RATIO -------------------------------------- ------------------------ December 31, 2002 1.4:1.00 March 31, 2003 1.15:1.00 June 30, 2003 1.00:1.00 September 30, 2003 .75:1.00 December 31, 2003 .5:1.00 March 31, 2004 .7:1.00 June 30, 2004 .9:1.00 September 30, 2004 1.05:1.00
Sample 1
Total Debt Service Ratio. Not permit International’s Total Debt Service Ratio to be less than the following ratios as of the following dates: Total Debt Service Ratio Date
Sample 1
Total Debt Service Ratio. The Borrower shall maintain, for the twelve-month period ending on the last day of each Fiscal Quarter until the Termination Date, a Total Debt Service Ratio of not less than 1.10 to 1 for each such Fiscal Quarter.
Sample 1
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Related to Total Debt Service Ratio

  • Debt Service Ratio In the event that the amount of Borrower's unrestricted cash maintained at Bank is less than $1,200,000.00, a ratio of (i) net income plus interest, depreciation, amortization, unfunded capital expenditures, and cash taxes paid, calculated based on the three (3) month period ending as of the date tested, to (ii) principal and interest expense with respect to the Obligations, calculated based on the three (3) month period ending as of the date tested, of greater than 1.25 to 1.0."

  • Consolidated Leverage Ratio Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 2.50 to 1.0.

  • Maximum Consolidated Leverage Ratio As of the last day of each Fiscal Quarter of the Borrower (commencing with the Fiscal Quarter ending March 31, 2018), the Borrower shall not permit the Consolidated Leverage Ratio to be greater than 0.60 to 1.00.

  • Net Leverage Ratio Subject to the proviso set forth in Section 10.3, the Company will not permit the Consolidated Net Leverage Ratio at any time during any period of four consecutive fiscal quarters of the Company to be greater than (a) 3.50 to 1.00 or (b) during an Acquisition Holiday Period, 4.00 to 1.00.

  • Adjusted Leverage Ratio The Borrower shall not permit the Adjusted Leverage Ratio as at the end of any Fiscal Quarter to be greater than the following for the respective periods set forth below: Period Adjusted Leverage Ratio Closing Date to and including March 27, 2004 3.75:1.00 March 28, 2004 to and including June 26, 2004 4.75:1.00 June 27, 2004 to and including July 2, 2005 5.60:1:00 July 3, 2005 and any time thereafter 5.25:1.00

  • Total Leverage Ratio The Company will not permit the Leverage Ratio as of the last day of any fiscal quarter ending during any period set forth below to exceed the ratio set forth opposite such period: Period Ratio October 1, 2002 through and including December 31, 2002 6.85 to 1.00 January 1, 2003 through and including March 31, 2003 7.50 to 1.00 April 1, 2003 through and including September 30, 2003 7.75 to 1.00 October 1, 2003 through and including December 31, 2003 7.25 to 1.00 January 1, 2004 through and including December 31, 2004 6.50 to 1.00 January 1, 2005 and thereafter 4.00 to 1.00

  • Consolidated Senior Leverage Ratio Permit at any time the Consolidated Senior Leverage Ratio to exceed the ratio set forth opposite the applicable period below: Consolidated Period Senior Leverage Ratio ------ --------------------- March 30, 2003 2.30 : 1.00 March 31, 2003 - June 29, 2003 2.20 : 1.00 June 30, 2003 - December 28, 2003 2.00 : 1.00 December 29, 2003 and thereafter 1.75 : 1.00

  • Maximum Consolidated Total Leverage Ratio The Borrower will cause the Consolidated Total Leverage Ratio to be less than (a) 4.00 to 1.00 at all times during the period from the Effective Date to and including December 30, 2009, (b) 3.75 to 1.00 at all times during the period from December 31, 2009 to and including December 30, 2010 and (c) less than 3.50 to 1.00 at all times thereafter.

  • Cash Flow Leverage Ratio The Borrower will not permit the Cash Flow Leverage Ratio on the last day of any fiscal quarter to exceed 3.50 to 1.00.

  • Total Net Leverage Ratio The Borrower will not permit the Total Net Leverage Ratio as of the end of any Fiscal Quarter to exceed 3.50 to 1.00.

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