Total Leverage Ratio. As of the last day of each fiscal quarter of U.S. Borrower, Borrowers shall not permit the Total Leverage Ratio to be greater than (i) for the fiscal quarter ending March 31, 2016, 3.75 to 1.0, (ii) for the fiscal quarters ending June 30, 2016, September 30, 2016, and December 31, 2016, 3.50 to 1.0, (iii) for the fiscal quarter ending March 31, 2017, 3.00 to 1.0, and (iv) for periods ending on or after June 30, 2017, 2.750 to 1.0.
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Samples: Multicurrency Credit Agreement (Fenix Parts, Inc.), Multicurrency Credit Agreement (Fenix Parts, Inc.)
Total Leverage Ratio. As of the last day of each fiscal quarter of U.S. Borrower, The Borrowers shall will not permit the Total Leverage Ratio to be greater than (i) for on the last day of any fiscal quarter (a) ending during the period from and including March 31, 2016, 3.75 to 1.0, (ii) for the fiscal quarters ending June 30, 2016, 2016 through and including September 30, 2016, and to exceed 8.00 to 1.00, (b) ending on December 31, 2016, 3.50 to 1.0exceed 6.00 to 1.00, (iiic) for ending during the fiscal quarter ending period from and including March 31, 2017 through and including December 31, 2017, 3.00 to 1.0, exceed 4.25 to 1.00 and (ivd) for periods ending on or after June 30March 31, 20172018, 2.750 to 1.0exceed 3.75 to 1.00.
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Samples: Term Loan Agreement (Freeport-McMoran Inc), Revolving Credit Agreement (Freeport-McMoran Inc)
Total Leverage Ratio. As of the last day of each fiscal quarter of U.S. Borrowerthe Borrower (commencing June 30, Borrowers 2012), the Borrower shall not permit the Total Leverage Ratio for the four fiscal quarters of the Borrower then ended to be greater more than (i) the amount set forth below for the such fiscal quarter ending quarter: Fiscal Quarter Ending Level December 31, 2012, and March 31, 2016, 3.75 2013 4.60 to 1.0, (ii) for the fiscal quarters ending 1.00 June 30, 20162013, and September 30, 2016, and December 31, 2016, 3.50 2013 5.00 to 1.0, (iii) for the fiscal quarter ending March 31, 2017, 3.00 to 1.0, and (iv) for periods ending on or after 1.00 June 30, 20172014, 2.750 and each fiscal quarter thereafter 4.10 to 1.0.1.00 β
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Total Leverage Ratio. As The Borrower will not permit the Total Leverage Ratio, as of the last day of each fiscal quarter, commencing with the fiscal quarter of U.S. Borrowerending March 31, Borrowers shall not permit the Total Leverage Ratio 2010, to be greater than (i) for 4.50 to 1.00 in the case of the fiscal quarter ending March 31, 20162010, 3.75 to 1.0, and (ii) for 4.00 to 1.00 in the fiscal quarters ending June 30, 2016, September 30, 2016, and December 31, 2016, 3.50 to 1.0, (iii) for the case of each fiscal quarter ending March 31, 2017, 3.00 to 1.0, and (iv) for periods ending on or after June 30, 2017, 2.750 to 1.0thereafter.
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Total Leverage Ratio. As of the last day of each fiscal quarter of U.S. Borrower, Borrowers shall not permit Permit the Total Leverage Ratio Ratio, as of the end of any fiscal quarter to be greater than (i) for the fiscal quarter quarters ending on or about December 31, 2013, March 31, 20162014, 3.75 to 1.0June 30, 2014 and September 30, 2014, 4.0:1.0, (ii) for the fiscal quarters quarter ending on or about December 31, 2014, March 31, 2015, June 30, 2016, 2015 and September 30, 20162015, and December 31, 2016, 3.50 to 1.03.0:1.0, (iii) for the fiscal quarter quarters ending on or about December 31, 2015, March 31, 20172016, 3.00 June 30, 2016 and September 30, 2016, 2.5 to 1.0, and 1.0 or (iv) for periods ending on or after June 30each fiscal quarter thereafter, 2017, 2.750 to 1.02.25:1.0.
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Total Leverage Ratio. As of the last day of each fiscal quarter of U.S. Borrower, Borrowers shall not permit Permit the Total Leverage Ratio Ratio, as of the end of any fiscal quarter to be greater than (i) for the fiscal quarter ending on or about March 31, 20162015, 3.75 to 1.0June 30, 2015 and September 30, 2015, 3.5:1.0, (ii) for the fiscal quarters ending on or about December 31, 2015, March 31, 2016, June 30, 2016, 2016 and September 30, 2016, and December 31, 2016, 3.50 to 1.0, 3.0:1.0 or (iii) for the each fiscal quarter ending March 31thereafter, 2017, 3.00 to 1.0, and (iv) for periods ending on or after June 30, 2017, 2.750 to 1.02.5:1.0.
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Total Leverage Ratio. As of the last day of each fiscal quarter of U.S. Borrower, Borrowers Borrower shall not permit the Total Leverage Ratio to be greater than (i) 6.50 to 1.00 for the any fiscal quarter ending March during period from April 1, 2015 until December 31, 2016, 3.75 to 1.02015, (ii) 5.50 to 1.00 for any fiscal quarter ending during the fiscal quarters ending June 30period of January 1, 2016, September 30, 2016, and 2016 until December 31, 2016, 3.50 to 1.0, (iii) for 4.75 to 1.00 during the fiscal quarter ending March period of January 1, 2017 until December 31, 2017, 3.00 to 1.0, and (iv) 3.0 to 1.00 for periods any fiscal quarter ending on or after June 30during the period of January 1, 2017, 2.750 to 1.02018 until the Maturity Date.
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Samples: Credit Agreement (Trans Energy Inc)
Total Leverage Ratio. As The Borrower will not permit the Total Leverage Ratio, as of the last day of each fiscal quarter, commencing with the fiscal quarter of U.S. Borrowerending June 30, Borrowers shall not permit the Total Leverage Ratio 2011, to be greater than (i) for 4.00 to 1.00 in the case of the fiscal quarter ending March 31June 30, 2016, 3.75 to 1.02011, (ii) for 3.75 to 1.00 in the fiscal quarters ending June 30, 2016, September 30, 2016, and December 31, 2016, 3.50 to 1.0, (iii) for case of the fiscal quarter ending March 31September 30, 2017, 3.00 to 1.02011, and (iviii) for periods 3.50 to 1.00 in the case of each fiscal quarter ending on or after June 30, 2017, 2.750 to 1.0thereafter.
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Total Leverage Ratio. As of the last day of each fiscal quarter of U.S. Borrower, The Borrowers shall not permit the Total Leverage Ratio as of the last day of any fiscal quarter ending during the following periods for the four fiscal quarter period then ended to be greater than (i) the ratio set forth below for the fiscal quarter ending such period: June 30, 2007 2.50 to 1.00 September 30, 2007 3.75 to 1.00 December 31, 2007 through March 31, 2016, 3.75 2008 4.75 to 1.0, (ii) for the fiscal quarters ending 1.00 June 30, 2016, 2008 3.75 to 1.0 September 30, 2016, and 2008 2.75 to 1.0 December 31, 2016, 3.50 2008 and each fiscal quarter end thereafter 2.50 to 1.0, (iii) for the fiscal quarter ending March 31, 2017, 3.00 to 1.0, and (iv) for periods ending on or after June 30, 2017, 2.750 to 1.0.
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Samples: Revolving Credit and Term Loan Agreement (Commercial Vehicle Group, Inc.)
Total Leverage Ratio. As Not permit the Total Leverage Ratio of the Borrower and its Subsidiaries on a consolidated basis as of the last day of each fiscal quarter of U.S. Borrower, Borrowers shall not permit any Fiscal Quarter to exceed the Total Leverage Ratio to be greater than (i) for the fiscal quarter ending March 31, 2016, 3.75 to 1.0, (ii) for the fiscal quarters ending applicable amount set forth below: Effective Date through June 30, 2016, 2016 4.00 to 1.00 September 30, 2016, and December 31, 2016, 3.50 to 1.0, (iii) for the fiscal quarter ending March 31, 2017, 3.00 to 1.0, and (iv) for periods ending on or after 2016 through June 30, 20172018 3.75 to 1.00 September 30, 2.750 2018 through June 30, 2019 3.50 to 1.0.1.00 September 30, 2019 and thereafter 1.25 to 1.00
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Total Leverage Ratio. As The Borrower will not permit the Total Leverage Ratio, as of the last day of each fiscal quarter, commencing with the fiscal quarter of U.S. Borrowerending March 31, Borrowers shall not permit the Total Leverage Ratio 2010, to be greater than (i) for 4.00 to 1.00 in the case of the fiscal quarter ending March 31, 20162010, 3.75 to 1.0, and (ii) for the fiscal quarters ending June 30, 2016, September 30, 2016, and December 31, 2016, 3.50 to 1.0, (iii) for 1.00 in the case of each fiscal quarter ending March 31, 2017, 3.00 to 1.0, and (iv) for periods ending on or after June 30, 2017, 2.750 to 1.0thereafter.
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Total Leverage Ratio. As of the last day of each fiscal quarter of U.S. Borrower, Borrowers The Borrower shall not permit the Total Leverage Ratio at the end of any fiscal quarter (a) ending December 31, 2009, to be greater than 4.25 to 1.00, (ib) for the fiscal quarter ending March 31, 20162010 through June 30, 3.75 2011, to 1.0be greater than 5.00 to 1.00, (iic) for the fiscal quarters ending September 30, 2011, to be greater than 4.75 to 1.00, (d) ending December 31, 2011, to be greater than 4.50 to 1.00, (e) ending March 31, 2012, to be greater than 4.25 to 1.00, and (f) ending June 30, 20162012 and thereafter, September 30, 2016, and December 31, 2016, 3.50 to 1.0, (iii) for the fiscal quarter ending March 31, 2017, 3.00 be greater than 4.00 to 1.0, and (iv) for periods ending on or after June 30, 2017, 2.750 to 1.01.00.
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Total Leverage Ratio. As of the last day of each fiscal quarter of U.S. Borrower, Borrowers shall The Borrower will not permit the Total Leverage Ratio as of the last day of (i) the fiscal quarter ending December 31, 2007, to be greater than 2.5:1.0, (iii) for the fiscal quarter ending March 31, 20162008, 3.75 to 1.0, be greater than 2.75 :1.0 and (ii) for the fiscal quarters ending June 30, 2016, September 30, 2016, and December 31, 2016, 3.50 to 1.0, (iii) for the any fiscal quarter ending March 31thereafter, 2017, 3.00 to 1.0, and (iv) for periods ending on or after June 30, 2017, 2.750 to 1.0be greater than 2.5:1.0.
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