Common use of Consolidated Debt to Revenues Ratio Clause in Contracts

Consolidated Debt to Revenues Ratio. Permit the Consolidated Debt to Revenues Ratio as of the end of any fiscal quarter of the Parent (or, with respect to any fiscal quarter ending prior to the Transaction Closing Date, the Borrower) to be greater than (a) 0.60 to 1.0, for any fiscal quarter ending during the period from the Closing Date to and including June 30, 2015, (b) 0.76 to 1.0, for any fiscal quarter ending during the period from July 1, 2015 to and including June 30, 2016, (c) 0.80 to 1.0, for the fiscal quarter ending September 30, 2016, (d) 0.80 to 1.0, for the fiscal quarter ending December 31, 2016, (e) 0.65 to 1.0, for the fiscal quarter ending Xxxxx 00, 0000, (x) 0.61 to 1.0, for the fiscal quarter ending June 30, 2017, (g) 0.57 to 1.0, for the fiscal quarter ending September 30, 2017, (h) 0.53 to 1.0, for the fiscal quarter ending December 31, 2017, (i) 0.54 to 1.0, for the fiscal quarter ending March 31, 2018, (j) 0.53 to 1.0, for the fiscal quarter ending June 30, 2018, (k) 0.52 to 1.0, for the fiscal quarter ending September 30, 2018, (l) 0.51 to 1.0, for the fiscal quarter ending December 31, 2018, (m) 0.49 to 1.0, for the fiscal quarter ending March 31, 2019, (n) 0.46 to 1.0, for the fiscal quarter ending June 30, 2019, (o) 0.43 to 1.0 for the fiscal quarter ending September 30, 2019, and (p) 0.40 to 1.0, for any fiscal quarter ending thereafter.

Consolidated Debt to Revenues Ratio. Permit the Consolidated Debt to Revenues Ratio as of the end of any fiscal quarter of the Parent (or, with respect to any fiscal quarter ending prior to the Transaction Closing Date, the Borrower) to be greater than (ai) 0.60 to 1.0, for any fiscal quarter ending during the period from the Closing Date to and including June 30, 2015, (bii) 0.76 to 1.0, for any fiscal quarter ending during the period from July 1, 2015 to and including June 30, 2016, (ciii) 0.80 to 1.0, for the fiscal quarter ending September 30, 2016, (div) 0.80 to 1.0, for the fiscal quarter ending December 31, 2016, (ev) 0.65 to 1.0, for the fiscal quarter ending Xxxxx 00March 31, 00002017, (xvi) 0.61 to 1.0, for the fiscal quarter ending June 30, 2017, (gvii) 0.57 to 1.0, for the fiscal quarter ending September 30, 2017, (hviii) 0.53 to 1.0, for the fiscal quarter ending December 31, 2017, (iix) 0.54 0.49 to 1.0, for the fiscal quarter ending March 31, 2018, (jx) 0.53 0.45 to 1.0, for the fiscal quarter ending June 30, 2018, (kxi) 0.52 0.41 to 1.0, for the fiscal quarter ending September 30, 2018, (lxii) 0.51 0.37 to 1.0, for the fiscal quarter ending December 31, 2018, (mxiii) 0.49 0.33 to 1.0, for the fiscal quarter ending March 31, 2019, (nxiv) 0.46 0.29 to 1.0, for the fiscal quarter ending June 30, 2019, (o) 0.43 to 1.0 for the fiscal quarter ending September 30, 2019, 2019 and (pxv) 0.40 0.25 to 1.0, for any fiscal quarter ending thereafter.

Consolidated Debt to Revenues Ratio. Permit the Consolidated Debt to Revenues Ratio as of the end of any fiscal quarter of the Parent (or, with respect to any fiscal quarter ending prior to the Transaction Closing Date, the Borrower) to be greater than (ai) 0.60 to 1.0, for any fiscal quarter ending during the period from the Closing Date to and including June 30, 2015, (bii) 0.76 to 1.0, for any fiscal quarter ending during the period from July 1, 2015 to and including June 30, 2016, (ciii) 0.80 to 1.0, for the fiscal quarter ending September 30, 2016, (div) 0.80 to 1.0, for the fiscal quarter ending December 31, 2016, (ev) 0.65 to 1.0, for the fiscal quarter ending Xxxxx 00March 31, 00002017, (xvi) 0.61 to 1.0, for the fiscal quarter ending June 30, 2017, (gvii) 0.57 to 1.0, for the fiscal quarter ending September 30, 2017, (hviii) 0.53 to 1.0, for the fiscal quarter ending December 31, 2017, (iix) 0.54 to 1.0, for the fiscal quarter ending March 31, 2018, (jx) 0.53 to 1.0, for the fiscal quarter ending June 30, 2018, (kxi) 0.52 to 1.0, for the fiscal quarter ending September 30, 2018, (lxii) 0.51 to 1.0, for the fiscal quarter ending December 31, 2018, (mxiii) 0.49 to 1.0, for the fiscal quarter ending March 31, 2019, (nxiv) 0.46 to 1.0, for the fiscal quarter ending June 30, 2019, (oxv) 0.43 to 1.0 for the fiscal quarter ending September 30, 2019, and (pxvi) 0.40 to 1.0, for any fiscal quarter ending thereafter.

Consolidated Debt to Revenues Ratio. Permit the Consolidated Debt to Revenues Ratio as of the end of any fiscal quarter of the Parent (or, with respect to any fiscal quarter ending prior to the Transaction Closing Date, the Borrower) to be greater than (ai) 0.60 to 1.0, for any fiscal quarter ending during the period from the Closing Date to and including June 30, 2015, (bii) 0.76 to 1.0, for any fiscal quarter ending during the period from July 1, 2015 to and including June 30, 2016, (ciii) 0.80 to 1.0, for the fiscal quarter ending September 30, 2016, (div) 0.80 to 1.0, for the fiscal quarter ending December 31, 2016, (ev) 0.65 0.60 to 1.0, for the any fiscal quarter ending Xxxxx 00during the period from January 1, 0000, (x) 0.61 to 1.0, for the fiscal quarter ending 2017 through and including June 30, 2017, (gvi) 0.57 0.575 to 1.0, for the any fiscal quarter ending September 30during the period from July 1, 2017, (h) 0.53 to 1.0, for the fiscal quarter ending 2017 through and including December 31, 2017, (ivii) 0.54 0.550 to 1.0, for the any fiscal quarter ending March 31during the period from January 1, 2018, (j) 0.53 to 1.0, for the fiscal quarter ending 2018 through and including June 30, 2018, (kviii) 0.52 0.50 to 1.0, for the any fiscal quarter ending September 30during the period from July 1, 2018, (l) 0.51 to 1.0, for the fiscal quarter ending 2018 through and including December 31, 2018, (mix) 0.49 0.475 to 1.0, for the any fiscal quarter ending March 31during the period from January 1, 2019, (n) 0.46 to 1.0, for the fiscal quarter ending 2019 through and including June 30, 2019, (o) 0.43 to 1.0 for the fiscal quarter ending September 30, 2019, and (px) 0.40 to 1.0, for any fiscal quarter ending thereafter.

Consolidated Debt to Revenues Ratio. Permit the Consolidated Debt to Revenues Ratio as of the end of any fiscal quarter of the Parent (or, with respect to any fiscal quarter ending prior to the Transaction Closing Date, the Borrower) Borrower to be greater than (ai) 0.60 to 1.0, for any fiscal quarter ending during the period from the Closing Date to and including June 30, 2015, (bii) 0.76 to 1.0, for any fiscal quarter ending during the period from July 1, 2015 to and including June 30, 2016, (ciii) 0.80 0.73 to 1.0, for the fiscal quarter ending September 30, 2016, (div) 0.80 0.70 to 1.0, for the fiscal quarter ending December 31, 2016, (ev) 0.65 0.67 to 1.0, for the fiscal quarter ending Xxxxx 00March 31, 00002017, (xvi) 0.61 0.64 to 1.0, for the fiscal quarter ending June 30, 2017, (gvii) 0.57 0.60 to 1.0, for the any fiscal quarter ending September 30during the period from July 1, 2017, (h) 0.53 2017 to 1.0, for the fiscal quarter ending and including December 31, 2017, (iviii) 0.54 0.55 to 1.0, for the any fiscal quarter ending March 31during the period from January 1, 2018, (j) 0.53 2018 to 1.0, for the fiscal quarter ending and including June 30, 2018, (k) 0.52 to 1.0, for the fiscal quarter ending September 30, 2018, (l) 0.51 to 1.0, for the fiscal quarter ending December 31, 2018, (m) 0.49 to 1.0, for the fiscal quarter ending March 31, 2019, (n) 0.46 to 1.0, for the fiscal quarter ending June 30, 2019, (o) 0.43 to 1.0 for the fiscal quarter ending September 30, 2019, 2018 and (pix) 0.40 0.50 to 1.0, for any fiscal quarter ending thereafter.