Examples of Acquisition Adjustment Period in a sentence
Borrower shall not permit the Leverage Ratio as of each fiscal quarter end, commencing with the fiscal quarter ending September 30, 2012, to be more than 3.00 to 1.00; provided that, during an Acquisition Adjustment Period, the Leverage Ratio shall not be greater than 3.50 to 1.00.
Permit the Combined Total Leverage Ratio as of the end of any fiscal quarter to be greater than 5.00:1.00, provided, however, notwithstanding the foregoing, during any Acquisition Adjustment Period, the Combined Total Leverage Ratio for such period shall not be greater than 5:50:1.00.
When an Acquisition Adjustment Period is in effect, the next Acquisition Adjustment Period may not commence until the termination of such Acquisition Adjustment Period then in effect.
The Borrower shall not permit the Leverage Ratio as of the end of any fiscal quarter to exceed 5.00:1.00 (the “Required Threshold”); provided, however, that during an Acquisition Adjustment Period, the Required Threshold shall be increased to 5.50:1.00.
Permit the Leverage Ratio at any fiscal quarter-end to be greater than 6.5 to 1.0, decreasing to 5.25 to 1.0 upon the first to occur of (i) September 30, 2006 and (ii) the first fiscal quarter-end following the consummation of any one or more MLP Equity Offerings resulting in aggregate gross sales proceeds of at least $175,000,000; unless such quarter-end occurs during any Acquisition Adjustment Period, in which case the Leverage Ratio cannot be greater than 5.75 to 1.0.