Common use of Adjusted Leverage Ratio Clause in Contracts

Adjusted Leverage Ratio. Not permit the Adjusted Leverage Ratio at the end of the fiscal quarters of the Borrower set forth below to exceed the correlative ratio indicated: Fiscal Quarter Leverage Ratio Fourth Quarter 2001 4.50 to 1.0 First Quarter 2002 4.60 to 1.0 Second Quarter 2002 4.80 to 1.0 Third Quarter 2002 4.75 to 1.0 Fourth Quarter 2002 4.70 to 1.0 First Quarter 2003 5.00 to 1.0 Second Quarter 2003 4.50 to 1.0 Third Quarter 2003 4.50 to 1.0 Fourth Quarter 2003 4.25 to 1.0 First Quarter 2004 4.25 to 1.0 Second Quarter 2004 4.25 to 1.0 Third Quarter 2004 4.25 to 1.0

Appears in 1 contract

Samples: Credit Agreement (Smart & Final Inc/De)

AutoNDA by SimpleDocs

Adjusted Leverage Ratio. Not permit the Adjusted Leverage Ratio at the end of the fiscal quarters of the Borrower Lessee set forth below to exceed the correlative ratio indicated: Fiscal Quarter Leverage Ratio Fourth Quarter 2001 4.50 to 1.0 First Quarter 2002 4.60 to 1.0 Second Quarter 2002 4.80 to 1.0 Third Quarter 2002 4.75 to 1.0 Fourth Quarter 2002 4.70 to 1.0 First Quarter 2003 5.00 to 1.0 Second Quarter 2003 4.50 to 1.0 Third Quarter 2003 4.50 to 1.0 Fourth Quarter 2003 4.25 to 1.0 First Quarter 2004 4.25 to 1.0 Second Quarter 2004 4.25 to 1.0 Third Quarter 2004 4.25 to 1.0

Appears in 1 contract

Samples: Waiver and Amendment Agreement (Smart & Final Inc/De)

Adjusted Leverage Ratio. Not permit the Adjusted Leverage Ratio at the end of the fiscal quarters of the Borrower set forth below to exceed the correlative ratio indicated: Fiscal Quarter Leverage Ratio Fourth Quarter 2001 4.50 to 1.0 First Quarter 2002 4.60 to 1.0 Second Quarter 2002 4.80 to 1.0 Third Quarter 2002 4.75 to 1.0 Fourth Quarter 2002 4.70 to 1.0 First Quarter 2003 5.00 4.50 to 1.0 Second Quarter 2003 4.50 to 1.0 Third Quarter 2003 4.50 to 1.0 Fourth Quarter 2003 4.25 to 1.0 First Quarter 2004 4.25 to 1.0 Second Quarter 2004 4.25 to 1.0 Third Quarter 2004 4.25 to 1.0

Appears in 1 contract

Samples: Credit Agreement (Smart & Final Inc/De)

AutoNDA by SimpleDocs

Adjusted Leverage Ratio. Not permit the Adjusted Leverage Ratio at the end of the fiscal quarters of the Borrower Lessee set forth below to exceed the correlative ratio indicated: Fiscal Quarter Leverage Ratio Fourth Quarter 2001 4.50 to 1.0 First Quarter 2002 4.60 to 1.0 Second Quarter 2002 4.80 to 1.0 Third Quarter 2002 4.75 to 1.0 Fourth Quarter 2002 4.70 to 1.0 First Quarter 2003 5.00 4.50 to 1.0 Second Quarter 2003 4.50 to 1.0 Third Quarter 2003 4.50 to 1.0 Fourth Quarter 2003 4.25 to 1.0 First Quarter 2004 4.25 to 1.0 Second Quarter 2004 4.25 to 1.0 Third Quarter 2004 4.25 to 1.0

Appears in 1 contract

Samples: Waiver and Amendment Agreement (Smart & Final Inc/De)

Time is Money Join Law Insider Premium to draft better contracts faster.