Common use of Consolidated First Lien Net Leverage Ratio Clause in Contracts

Consolidated First Lien Net Leverage Ratio. Permit the Consolidated First Lien Net Leverage Ratio on the last day of any fiscal quarter occurring during the term of this Agreement to be greater than 3.50:1.00 on such date.

Appears in 5 contracts

Samples: Credit Agreement (Nexstar Broadcasting Group Inc), Credit Agreement (Mission Broadcasting Inc), Credit Agreement (Nexstar Broadcasting Group Inc)

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Consolidated First Lien Net Leverage Ratio. Permit the Consolidated First Lien Net Leverage Ratio on the last day of any fiscal quarter occurring during the term of this Agreement any period set forth below to be greater than 3.50:1.00 on the ratio set forth below opposite such date.period: Period Maximum Consolidated First Lien Net Leverage Ratio Third Amendment Closing Date through and including September 30, 2016 4.00 to 1.00 December 31, 2016 and thereafter 3.75 to 1.00

Appears in 1 contract

Samples: Credit Agreement (Nexstar Broadcasting Group Inc)

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