Closing Leverage Condition Sample Clauses


Closing Leverage Condition. The Consolidated Closing Leverage Ratio of the Group Members on the Closing Date after giving effect to the initial funding under this Agreement, the initial funding under the Second Lien Credit Agreement, the application of the proceeds thereof, any equity contribution made by the Sponsors, and other transactions contemplated hereby, shall not exceed 4.45:1.00.


Closing Leverage Condition. The Consolidated Closing Leverage Ratio of the Group Members on the Closing Date shall not exceed 4.45:1.00.