Common use of Consolidated Net Leverage Ratio Clause in Contracts

Consolidated Net Leverage Ratio. Permit the Consolidated Net Leverage Ratio as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending September 30, 2015, to be greater than 4.00:1.0.

Appears in 2 contracts

Sources: Credit Agreement (Molina Healthcare Inc), Credit Agreement (Molina Healthcare Inc)

Consolidated Net Leverage Ratio. Permit the Consolidated Net Leverage Ratio as of the end of each Fiscal Quarter, commencing with any fiscal quarter during the Fiscal Quarter ending September 30, 2015, periods set forth below to be greater than 4.00:1.0.the ratio set forth below opposite such period: September 30, 2017 3.50 to 1:00 December 31, 2017 through September 30, 2018 3.25 to 1.00 December 31, 2018 and each fiscal quarter end thereafter 3.00 to 1.00

Appears in 2 contracts

Sources: Credit Agreement (TopBuild Corp), Credit Agreement (TopBuild Corp)

Consolidated Net Leverage Ratio. Permit the Consolidated Net Leverage Ratio Ratio, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending September 30December 31, 20152020, to be greater than 4.00:1.0than: (a) 3.25:1.00, with respect to each of the Fiscal Quarters ending December 31, 2020, March 31, 2021 and June 30, 2021; and (b) 3:00:1.00, with respect the Fiscal Quarter ending September 30, 2021 and each Fiscal Quarter ending thereafter.

Appears in 2 contracts

Sources: Credit Agreement (Rotech Healthcare Holdings Inc.), Credit Agreement (Rotech Healthcare Holdings Inc.)

Consolidated Net Leverage Ratio. Permit the Consolidated Net Leverage Ratio as of the end of each Fiscal Quarter, commencing with any fiscal quarter of the Fiscal Quarter ending September 30, 2015, Company to be greater than 4.00:1.0(i) 4.50:1.00 through and including the fiscal quarter ending December 28, 2014, (ii) 4.00:1.00 from and including the fiscal quarter ending April 5, 2015 through and including the fiscal quarter ending January 3, 2016 and (iii) 3.75:1.00 for each fiscal quarter thereafter.

Appears in 1 contract

Sources: Syndicated Facility Agreement (Interface Inc)

Consolidated Net Leverage Ratio. Permit the Consolidated Net Leverage Ratio as of the end of each Fiscal Quarter, commencing with any fiscal quarter of the Fiscal Quarter ending September 30, 2015, Borrower set forth below to be greater than 4.00:1.0.the ratio set forth below opposite such period: March 31, 2017 through December 31, 2017 4.00 to 1.00 March 31, 2018 through December 31, 2018 3.50 to 1.00 March 31, 2019 and each fiscal quarter thereafter 3.25 to 1.00

Appears in 1 contract

Sources: Credit Agreement (TUTOR PERINI Corp)

Consolidated Net Leverage Ratio. Permit the Consolidated Leverage Net Leverage Ratio as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending September 30, 2015, to be greater than 4.00:1.0.than: Fiscal Quarter Consolidated Net Leverage Ratio Each Fiscal Quarter ending on or prior to September 30, 2016 4.00:1.00 Each Fiscal Quarter ending after September 30, 2016 3.50:1.00

Appears in 1 contract

Sources: Credit Agreement (Molina Healthcare Inc)

Consolidated Net Leverage Ratio. Permit the Consolidated Net Leverage Ratio to be greater than (i) 5.50:1.00 as of the end of the fiscal quarter of the Borrower ending September 30, 2023, (ii) 4.50:1.00 as of the end of each Fiscal Quarterfiscal quarter of the Borrower ending during the period from October 1, commencing with 2023 to and including March 31, 2024 and (iii) 3.50:1.00 as of the Fiscal Quarter end of each fiscal quarter of the Borrower ending September 30, 2015, to be greater than 4.00:1.0thereafter.

Appears in 1 contract

Sources: Credit Agreement (Coeur Mining, Inc.)

Consolidated Net Leverage Ratio. Permit the Consolidated Net Leverage Ratio to be greater than (i) 4.50:1.00 as of the end of the fiscal quarter of the Borrower ending December 31, 2023, (ii) 4.25:1.00 as of the end of the fiscal quarter of the Borrower ending March 31, 2024 and (iii) 3.50:1.00 as of the end of each Fiscal Quarter, commencing with fiscal quarter of the Fiscal Quarter Borrower ending September 30, 2015, to be greater than 4.00:1.0thereafter.

Appears in 1 contract

Sources: Credit Agreement (Coeur Mining, Inc.)