ARR Leverage Covenant Sample Clauses

ARR Leverage Covenant. Commencing with the fiscal quarter ending September 30, 2024, permit the ARR 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: September 30, 2024 [***]:[***] December 31, 2024 [***]:[***] March 31, 2025 [***]:[***] June 30, 2025 [***]:[***] September 30, 2025 [***]:[***] December 31, 2025 [***]:[***] March 31, 2026 [***]:[***] June 30, 2026 [***]:[***]