Closing Date Leverage Ratio. The Closing Date Leverage Ratio shall be no greater than 2.75 to 1.00 and the Administrative Agent shall have received a duly completed certificate executed by a Responsible Officer of the Borrower setting forth a calculation of such Closing Date Leverage Ratio, in form and substance satisfactory to the Administrative Agent (including a reasonably detailed calculation of Closing Date EBITDA).
Closing Date Leverage Ratio. On the Closing Date, Administrative Agent shall have received a Closing Date Certificate signed by the Company’s chief financial officer, demonstrating in reasonable detail (to the reasonable satisfaction of the Administrative Agent) that the Consolidated Leverage Ratio after giving pro forma effect to the Acquisition is no more than 4.75 to 1.00.
Closing Date Leverage Ratio. The Company shall provide the Agent with evidence satisfactory to the Agent that the Leverage Ratio on the Closing Date (after giving effect to all amounts to be borrowed on the Closing Date) is not greater than 5.75:1.00.
Closing Date Leverage Ratio. The Administrative Agent shall have received a certificate substantially in the form of Exhibit G, certifying that the Closing Date Leverage Ratio determined on a pro forma basis after giving effect to the Transactions on the Effective Date and the use of proceeds thereof shall not exceed 6.20 to 1.0.
Closing Date Leverage Ratio. The Agent shall have received evidence satisfactory to the Agent that the Borrower’s Leverage Ratio on the Closing Date does not exceed 1.00:1.00.
Closing Date Leverage Ratio. US Administrative Agent shall have received an Officer's Certificate reasonably satisfactory to it setting forth the Leverage Ratio as of the Closing Date, based on the preliminary February 28, 2002 financial statements and after giving effect to the effectiveness of the Plan of Reorganization and the CCAA Plan of Arrangement.
Closing Date Leverage Ratio. The Total Funded Debt Leverage Ratio, on a Pro Forma Basis after giving effect to the Transactions, on and as of the Closing Date for the four-quarter period ending September 30, 2003 shall not be greater than 3.3 to 1.00, it being agreed that pro forma Consolidated EBITDA for such period shall be $58.7 million unless there shall have been a restatement or other adjustment to any of Borrower's financial statements during the period from November 18, 2003 through the Closing Date, in which case the pro forma Consolidated EBITDA shall be adjusted in a manner consistent with such restatement or adjustment, as reasonably determined by the Arranger.
Closing Date Leverage Ratio. Agent shall have received evidence reasonably satisfactory to it that, on the Closing Date and based on the financial statements described in subsection 4.1E(ii), the Consolidated Leverage Ratio of Borrower and its Subsidiaries shall not exceed 3.5x.
Closing Date Leverage Ratio. The Agent shall have received a statement certified by the principal financial or accounting officer of the Borrower setting forth in reasonable detail computations evidencing that the Leverage Ratio on the Closing Date, calculated on a pro forma basis after giving effect to the Loans and other transactions contemplated hereby, is not greater than 3.25 to 1.00.
Closing Date Leverage Ratio. The Agents shall have --------------------------- received satisfactory evidence that the pro forma Leverage Ratio, after giving --- ----- effect to the Transaction, does not exceed 6.25:1 on the Closing Date.
