Total Leverage Ratio. Permit the Total Leverage Ratio as of the last day of and for any Test Period set forth below to be greater than the ratio set forth below opposite such Test Period below: June 30, 2020 7.00:1.00 September 30, 2020 5.25:1.00 December 31, 2020 4.75:1.00 March 31, 2021 4.50:1.00 June 30, 2021 4.00:1.00 September 30, 2021 4.00:1.00 December 31, 2021 4.00:1.00 March 31, 2022 4.00:1.00 June 30, 2022 4.00:1.00 September 30, 2022 and as of the last day of each fiscal quarter of Holdings ended thereafter 4.00:1.00
Appears in 4 contracts
Samples: Credit Agreement (Jamf Holding Corp.), Amendment Agreement (Jamf Holding Corp.), Amendment Agreement (Juno Topco, Inc.)
Total Leverage Ratio. Permit the Total Leverage Ratio as of the last day of and for any Test Period set forth below (beginning with the Test Period ending on March 31, 2013) to be greater than the ratio set forth below opposite such Test Period below: June 30, 2020 7.00:1.00 September 30, 2020 5.25:1.00 December 31, 2020 4.75:1.00 March 31, 2021 4.50:1.00 June 30, 2021 4.00:1.00 September 30, 2021 4.00:1.00 December 31, 2021 4.00:1.00 March 31, 2022 4.00:1.00 June 30, 2022 4.00:1.00 September 30, 2022 and as of the last day of each fiscal quarter of Holdings ended thereafter 4.00:1.00such Test Period: 2013 8.00:1.00 8.00:1.00 8.00:1.00 8.00:1.00 2014 7.75:1.00 7.25:1.00 7.25:1.00 7.00:1.00 2015 6.75:1.00 6.50:1.00 6.50:1.00 6.00:1.00 2016 5.75:1.00 5.75:1.00 5.50:1.00 5.50:1.00 2017 5.50:1.00 5.50:1.00 5.00:1.00 5.00:1.00
Appears in 2 contracts
Samples: Credit Agreement (Station Casinos LLC), Credit Agreement (Station Casinos LLC)
Total Leverage Ratio. Permit the Total Leverage Ratio as of the last day of and for any Test Period set forth below to be greater than the ratio set forth below opposite the last fiscal quarter of such Test Period belowPeriod: June 30, 2020 7.00:1.00 September 30, 2020 5.25:1.00 December 31, 2020 4.75:1.00 Fiscal YearQuarter Ending First QuarterTotal Leverage Ratio Second Quarter Third Quarter Fourth Quarter March 31, 2021 4.50:1.00 June 2017 --- --- --- 7.75:1.00 March 31, 2018 7.75:1.00 7.50:1.00 7.50:1.00 7.25:1.00 March 31, 2019 7.00:1.00 6.75:1.00 6.50:1.00 6.50:1.00 After March 31, 2019June 30, 2021 4.00:1.00 September 30, 2021 4.00:1.00 December 31, 2021 4.00:1.00 March 31, 2022 4.00:1.00 June 30, 2022 4.00:1.00 September 30, 2022 and as of the last day of each fiscal quarter of Holdings ended thereafter 4.00:1.006.50:1.00 6.50:1.00 6.50:1.00 6.50:1.00
Appears in 1 contract
Samples: Term Loan Credit Agreement (Prestige Consumer Healthcare Inc.)
Total Leverage Ratio. Permit the Total Leverage Ratio as of the last day of and for any Test Period set forth below to be greater than the ratio set forth below opposite last day of such Test Period belowPeriod: From the Effective Date through June 30, 2020 7.00:1.00 2013 5.00:1:00 From July 1, 2013 through March 31, 2014 5.50:1.00 From April 1, 2014 through June 30, 2014 5.25:1.00 From July 1, 2014 through December 31, 2014 5.00:1.00 From January 1, 2015 through September 30, 2020 5.25:1.00 December 312015 3.50:1.00 From October 1, 2020 4.75:1.00 March 31, 2021 4.50:1.00 June 30, 2021 4.00:1.00 September 30, 2021 4.00:1.00 December 31, 2021 4.00:1.00 March 31, 2022 4.00:1.00 June 30, 2022 4.00:1.00 September 30, 2022 and as of 2015 through the last day of each fiscal quarter of Holdings ended thereafter 4.00:1.00Latest Maturity Date 3.00:1:00
Appears in 1 contract
Samples: Credit Agreement (Lmi Aerospace Inc)
Total Leverage Ratio. Permit the Total Leverage Ratio as of the last day of and for any Test Period set forth below (beginning with the Test Period ending on June 30, 2015) to be greater than the ratio set forth below opposite the last day of such Test Period belowPeriod: June 30, 2020 7.00:1.00 2015 to September 30, 2020 5.25:1.00 2015 4.75:1.00 December 31, 2020 4.75:1.00 March 31, 2021 4.50:1.00 June 30, 2021 4.00:1.00 2015 to September 30, 2021 4.00:1.00 2016 4.25:1.00 December 31, 2021 4.00:1.00 March 31, 2022 4.00:1.00 June 30, 2022 4.00:1.00 2016 to September 30, 2022 2017 3.25:1.00 December 31, 2017 to September 30, 2019 3.00:1.00 December 31, 2019 and as of the last day of each fiscal quarter of Holdings ended thereafter 4.00:1.002.75:1.00
Appears in 1 contract
Samples: Credit Agreement (SoulCycle Inc.)
Total Leverage Ratio. Permit the Total Leverage Ratio as of the last day of and for any Test Period set forth below to be greater than the ratio set forth below opposite such Test Period below: June 30, 2020 7.00:1.00 September 30, 2020 5.25:1.00 December 31, 2020 4.75:1.00 March 31, 2021 4.50:1.00 June 30, 2021 4.00:1.00 September 30, 2021 4.00:1.00 8.30:1.00 December 31, 2021 4.00:1.00 7.60:1.00 March 31, 2022 4.00:1.00 7.35:1.00 June 30, 2022 4.00:1.00 7.05:1.00 September 30, 2022 and as of the last day of each fiscal quarter of Holdings ended thereafter 4.00:1.006.70:1.00 December 31, 2022 6.25:1.00 March 31, 2023 6.10:1.00 June 30, 2023 5.90:1.00 September 30, 2023 5.65:1.00 December 31, 2023 5.30:1.00 March 31, 2024 3.65:1.00 June 30, 2024 3.25:1.00
Appears in 1 contract
Total Leverage Ratio. Permit The Borrower will not permit the Total Leverage Ratio as of the last day of and for any Test Period set forth below to be greater than the ratio set forth below opposite such in respect of the last day of each Test Period ending on the day set forth below: June 30, 2020 7.00:1.00 September 30, 2020 5.25:1.00 December 31, 2020 4.75:1.00 March 31, 2021 4.50:1.00 June 30, 2021 4.00:1.00 September 30, 2021 4.00:1.00 December 31, 2021 4.00:1.00 March 31, 2022 4.00:1.00 Date Maximum Total Leverage Ratio June 30, 2022 4.00:1.00 6.90 to 1.00 September 30, 2022 6.90 to 1.00 December 31, 2022 6.90 to 1.00 March 31, 2023 6.90 to 1.00 June 30, 2023 6.30 to 1.00 September 30, 2023 6.30 to 1.00 December 31, 2023 and as of the last day of each fiscal quarter of Holdings ended Test Period ending thereafter 4.00:1.005.70 to 1.00
Appears in 1 contract
Total Leverage Ratio. Permit the Total Leverage Ratio as of for any Test Period ending on the last day of and for any Test Period a fiscal quarter set forth below to be greater than the ratio set forth below opposite such Test Period below: June 30, 2020 7.00:1.00 2010 3.95:1.00 September 30, 2020 5.25:1.00 2010 3.00:1.00 December 31, 2020 4.75:1.00 2010 2.75:1.00 March 31, 2021 4.50:1.00 June 30, 2021 4.00:1.00 September 30, 2021 4.00:1.00 December 31, 2021 4.00:1.00 March 31, 2022 4.00:1.00 June 30, 2022 4.00:1.00 September 30, 2022 2011 and as of the last day of each fiscal quarter of Holdings ended thereafter 4.00:1.002.50:1.00
Appears in 1 contract
Samples: Credit Agreement (Geokinetics Inc)
Total Leverage Ratio. Permit the Total Leverage Ratio as of the last day of and for any Test Period ending during any period set forth below to be greater than exceed the ratio set forth below opposite such Test Period belowperiod: Fiscal quarter ending June 30, 2020 7.00:1.00 2022 5.00 to 1.00 Fiscal quarter ending September 30, 2020 5.25:1.00 December 31, 2020 4.75:1.00 March 31, 2021 4.50:1.00 June 30, 2021 4.00:1.00 September 30, 2021 4.00:1.00 2019 through and including fiscal quarter ending December 31, 2021 4.00:1.00 Fiscal quarter ending September 30, 2022 5.50 to 1.00 4.75 to 1.00 Period Fiscal quarter ending December 31, 2022 and thereafter 4.50 to 1.00 Fiscal quarter ending March 31, 2022 4.00:1.00 June 30, 2022 4.00:1.00 September 30, 2022 and as of the last day of each fiscal quarter of Holdings ended thereafter 4.00:1.00Section
Appears in 1 contract
Samples: Competitive Advance and Revolving Credit Agreement (Tegna Inc)
Total Leverage Ratio. Permit the The Total Leverage Ratio as of the last day of and for any Test Period set forth below to be greater than the ratio set forth below opposite such Test Period below: June 30Ratio, 2020 7.00:1.00 September 30, 2020 5.25:1.00 December 31, 2020 4.75:1.00 March 31, 2021 4.50:1.00 June 30, 2021 4.00:1.00 September 30, 2021 4.00:1.00 December 31, 2021 4.00:1.00 March 31, 2022 4.00:1.00 June 30, 2022 4.00:1.00 September 30, 2022 and as of the last day of each Test Period set forth below, to be greater than the Total Leverage Ratio set forth below opposite such Test Period: September 30, 2019 5.00:1.00 December 31, 2019 5.00:1.00 March 31, 2020 5.00:1.00 June 30, 2020 4.50:1.00 September 30, 2020 4.50:1.00 December 31, 2020 4.00:1.00 March 31, 2021 4.00:1.00 June 30, 2021 3.50:1.00 September 30, 2021 3.50:1.00 December 31, 2021 and as of the end of each fiscal quarter of Holdings ended thereafter 4.00:1.003.00:1.00
Appears in 1 contract
Total Leverage Ratio. Permit the Total Leverage Ratio as of the last day of and for any Test Period set forth below to be greater than the ratio set forth below opposite last day of such Test Period belowPeriod: June 30, 2020 7.00:1.00 From the Effective Date through September 30, 2020 5.25:1.00 December 312013 5.00:1:00 From October 1, 2020 4.75:1.00 March 31, 2021 4.50:1.00 June 30, 2021 4.00:1.00 2013 through September 30, 2021 4.00:1.00 December 312014 4.25:1:00 From October 1, 2021 4.00:1.00 March 31, 2022 4.00:1.00 June 30, 2022 4.00:1.00 2014 through September 30, 2022 and as of 2015 3.50:1:00 From October 1, 2015 through the last day of each fiscal quarter of Holdings ended thereafter 4.00:1.00Latest Maturity Date 3.00:1:00
Appears in 1 contract
Samples: Credit Agreement (Lmi Aerospace Inc)
Total Leverage Ratio. Permit Except with the written consent of the Required Lenders, permit the Total Leverage Ratio as of the last day of and for any each Test Period set forth below to be greater than the ratio set forth below opposite corresponding to such Test Period ending on each date set forth below: June 30, 2020 7.00:1.00 September 30, 2020 5.25:1.00 Date Maximum Total Net Leverage Ratio December 31, 2020 4.75:1.00 8.50 to 1.00 March 31, 2021 4.50:1.00 8.50 to 1.00 June 30, 2021 4.00:1.00 8.50 to 1.00 September 30, 2021 4.00:1.00 8.50 to 1.00 December 31, 2021 4.00:1.00 8.50 to 1.00 March 31, 2022 4.00:1.00 8.50 to 1.00 June 30, 2022 4.00:1.00 8.50 to 1.00 September 30, 2022 8.50 to 1.00 December 31, 2022 7.50 to 1.00 and as of the last day of each fiscal quarter of Holdings ended thereafter 4.00:1.00Fiscal Quarter thereafter
Appears in 1 contract