Leverage Ratio Covenant means that the Parent will have a maximum Leverage Ratio of 6:1.

Leverage Ratio Covenant means the covenant of the Borrower set forth in Section 10.11(a).

Leverage Ratio Covenant has the meaning set forth in Section 10.03.

Examples of Leverage Ratio Covenant in a sentence

For all purposes hereunder, (x) “Fixed Basket” shall mean any Basket that is subject to a fixed-Dollar limit (including Baskets based on a percentage of Consolidated EBITDAX or Consolidated Total Assets) and (y) “Non-Fixed Basket” shall mean any Basket that is subject to compliance with a financial ratio or test (including any Basket requiring compliance with the Leverage Ratio Covenant on a Pro Forma Basis) (any such ratio or test, a “Financial Incurrence Test”).

More Definitions of Leverage Ratio Covenant

Leverage Ratio Covenant means that the Parent will have a maximum Leverage Ratio equal to the lesser of (i) 11.5:1 and (ii) the maximum leverage ratio or similar covenant for the Parent set forth in any Oportun Comparable Facility.

Leverage Ratio Covenant means that, other than with respect to Monthly Periods ended January 31, 2024 and February 29, 2024, Parent will have a maximum Leverage Ratio equal to the lesser of (i) 11.5:1 and (ii) the maximum leverage ratio or similar covenant for the Parent set forth in any Oportun Comparable Facility.

Leverage Ratio Covenant means that, other than with respect to Monthly PeriodPeriods ended January 31, 2024 and February 29, 2024, Parent will have a maximum Leverage Ratio equal to the lesser of (i) 11.5:1 and (ii) the maximum leverage ratio or similar covenant for the Parent set forth in any Oportun Comparable Facility.

Leverage Ratio Covenant. 6(c)(i) Calculation of Current Ratio Current Ratio Covenant – 6(c)(ii) The undersigned hereby certifies that I have no knowledge that a Default has occurred and is continuing. MarineMax, Inc. By:____________________________________ Title:__________________________________ Exhibit C Exhibit D Lender’s Allocations and Ratable Share Lender Allocation Ratable Share CDF $275,000,000 55.000000000% Bank of the West, Inc. $60,000,000 12.000000000% M&T Bank $130,000,000 26.000000000% Truist Bank $35,000,000 7.000000000% TOTAL $500,000,000 100.000000000% Exhibit D Exhibit E Agent Wire Instructions [****] Exhibit E Exhibit F Trigger Compliance Certificate

Leverage Ratio Covenant has the meaning set forth in Section 7.09(a).

Leverage Ratio Covenant means that the Parent will have a maximum Leverage Ratio equal to the lesser of (i) 7.5:1 and (ii) the maximum leverage ratio or similar covenant for the Parent set forth in any Oportun Comparable Facility.