Combined Leverage Ratio. Section 10.7(a) of the Note Purchase Agreement is hereby amended and restated in its entirety as follows:
Combined Leverage Ratio. The Obligors will not permit the Combined Leverage Ratio as of the last day of any period of four consecutive fiscal quarters of the Obligors to be greater than the Maximum Combined Leverage Ratio; provided, that Oaktree Cayman will not be considered an Obligor for purposes of the calculation of the Combined Leverage Ratio until March 31, 2023.
Combined Leverage Ratio. The Obligors will not permit the Combined Leverage Ratio as of the last day of any period of four consecutive fiscal quarters of the Obligors to be greater than the Maximum Combined Leverage Ratio.
Combined Leverage Ratio. The Borrower will not permit the ratio of the sum of Consolidated Funded Debt of the Borrower plus the Consolidated Funded Debt of Atlas Pipeline Partners to the “Consolidated EBITDA” of Atlas Pipeline Partners, as the term “Consolidated EBITDA” is defined in the Atlas Pipeline Partners Credit Agreement as of the end of any fiscal quarter of the Borrower (calculated quarterly based upon the four most recently completed quarters for which financial statements of Atlas Pipeline Partners are available to the Borrower, and including pro forma adjustments made pursuant to the Atlas Pipeline Partners Credit Agreement following any material acquisition by Atlas Pipeline Partners or any of its Consolidated Subsidiaries) to be more than 5.50 to 1.00.
Combined Leverage Ratio. Permit the Combined Leverage Ratio as at the end of any fiscal quarter greater than 2.50:1.00.
Combined Leverage Ratio. The Borrower and Caterair will not permit the Combined Leverage Ratio at any time during a period set forth below to be greater than the ratio set forth opposite such period below: Period Ratio ------ ----- Fiscal quarter ending September 30, 1997 4.75:1.00 Fiscal quarter ending December 31, 1997 4.75:1.00 Fiscal quarter ending March 31, 1998 4.75:1.00 Fiscal quarter ending June 30, 1998 4.75:1.00 Fiscal quarter ending September 30, 1998 4.75:1.00 Fiscal quarter ending December 31, 1998 4.75:1.00 Fiscal quarter ending March 31, 1999 4.75:1.00 Fiscal quarter ending June 30, 1999 4.75:1.00 Fiscal quarter ending September 30, 1999 4.75:1.00 October 1, 1999 through and including December 30, 1999 4.75:1.00 December 31, 1999 through and including March 31, 2000 4.50:1.00 Fiscal quarter ending June 30, 2000 4.50:1.00 Fiscal quarter ending September 30, 2000 4.50:1.00 October 1, 2000 through and including December 30, 2000 4.50:1.00 December 31, 2000 through and including March 31, 2001 4.00:1.00 Fiscal quarter ending June 30, 2001 4.00:1.00 Fiscal quarter ending September 30, 2001 4.00:1.00 October 1, 2001 through and including December 30, 2001 4.00:1.00 December 31, 2001 and thereafter 3.50:1.00 -84- 11 Annex B CATERAIR INTERNATIONAL CORPORATION CERTIFICATE AS TO CONDITIONS PRECEDENT Reference is hereby made to that certain Sixth Amendment to Lease Agreement (the "Sixth Amendment"), dated as of August 22, 1997, between TriNet Essential Facilities, [VIII R] [X], Inc. ("TriNet") and Caterair International Corporation ("Caterair"). Capitalized terms used but not otherwise defined in this Certificate have the respective meanings ascribed to such terms in the Sixth Amendment. This Certificate is the certificate contemplated pursuant to Section 3.3 of the Sixth Amendment, and is being delivered pursuant to such Section 3.3. As of the date hereof, each of the conditions precedent set forth in Section 3.1 and 3.2 of the Sixth Amendment to the effectiveness of the amendments to the Lease contemplated by the Sixth Amendment have occurred.
Combined Leverage Ratio. As of the end of each fiscal quarter for ----------------------- the Xxxxxxxx'x Consolidated Group, the Combined Leverage Ratio shall be not greater than: Closing Date through December 30, 2000 4.0:1.0 December 31, 2000 and thereafter 3.5:1.0
Combined Leverage Ratio. Permit the Combined Leverage Ratio as at the last day of any fiscal quarter of the Financial Reporting Parties on any date to exceed the ratio set forth below opposite such fiscal quarter: Combined Fiscal Quarter Leverage Ratio FQ4 2007 through FQ3 2008 0.800 to 1.00 FQ4 2008 through FQ3 2009 0.775 to 1.00 FQ4 2009 through FQ3 2010 0.750 to 1.00 FQ4 2010 through FQ3 2011 0.675 to 1.00 FQ4 2011 and thereafter 0.625 to 1.00
Combined Leverage Ratio. On any date the quotient, expressed as a percentage, equal to the Combined Total Indebtedness of the Combined Group divided by the Combined Total Asset Value of the Combined Group.
Combined Leverage Ratio. The Borrower and Caterair will not permit the Combined Leverage Ratio at any time during a period set forth below to be greater than the ratio set forth opposite such period below: Period Ratio ------ ----- Fiscal quarter ending September 30, 1997 4.75:1.00 Fiscal quarter ending December 31, 1997 4.75:1.00 Fiscal quarter ending March 31, 1998 4.75:1.00 Fiscal quarter ending June 30, 1998 4.75:1.00 Fiscal quarter ending September 30, 1998 4.75:1.00 Fiscal quarter ending December 31, 1998 4.75:1.00 Fiscal quarter ending March 31, 1999 4.75:1.00 Fiscal quarter ending June 30, 1999 4.75:1.00 Fiscal quarter ending September 30, 1999 4.75:1.00 October 1, 1999 through and including December 30, 1999 4.75:1.00 December 31, 1999 through and including March 31, 2000 4.50:1.00 Fiscal quarter ending June 30, 2000 4.50:1.00 Fiscal quarter ending September 30, 2000 4.50:1.00 October 1, 2000 through and including December 30, 2000 4.50:1.00 December 31, 2000 through and including March 31, 2001 4.00:1.00 Fiscal quarter ending June 30, 2001 4.00:1.00 Fiscal quarter ending September 30, 2001 4.00:1.00 October 1, 2001 through and including December 30, 2001 4.00:1.00 December 31, 2001 and thereafter 3.50:1.00
