Consolidated Senior Leverage Ratio. Permit the Consolidated Senior Leverage Ratio as at the last day of any fiscal quarter of the Borrower Parent (i) occurring on or before March 31, 2015, to exceed 2.50:1.00; (ii) occurring thereafter, to exceed 2.00:1.00.
Consolidated Senior Leverage Ratio. The Credit Parties will not permit the Consolidated Senior Leverage Ratio at any time during any period below to exceed the ratio set opposite such period below: From the Effective Date through September 30, 2004 2.75 to 1.00 From October 1, 2004 through September 30, 2005 2.60 to 1.00 From October 1, 2005 through September 30, 2006 2.40 to 1.00 From October 1, 2006 through September 30, 2007 2.20 to 1.00 From October 1, 2007 and at all times thereafter 2.00 to 1.00
Consolidated Senior Leverage Ratio. Permit the Consolidated Senior Leverage Ratio, as of the end of any Fiscal Quarter (commencing with the first Fiscal Quarter ending after the Closing Date), to be greater than the ratio set forth below opposite the last day of such Fiscal Quarter:
Consolidated Senior Leverage Ratio. As of the end of each fiscal quarter to occur during the periods shown, the Consolidated Senior Leverage Ratio shall be not greater than:
Consolidated Senior Leverage Ratio. The Company will not permit the Consolidated Senior Leverage Ratio on the last day of any fiscal quarter of the Company ending in a period set forth below to exceed the ratio set forth below applicable to such period: January 1, 2015 to and including June 30, 2016 5.0 to 1.0 July 1, 2016 to and including September 30, 2016 4.5 to 1.0 October 1, 2016 to and including December 31, 2016 4.0 to 1.0 January 1, 2017 and thereafter 3.0 to 1.0 ”
Consolidated Senior Leverage Ratio. Permit the Consolidated Senior Leverage Ratio at any time to be greater than 1.00 to 1.00.
Consolidated Senior Leverage Ratio. As of the end of each fiscal quarter of the members of the Consolidated Group, the Consolidated Senior Leverage Ratio shall not be greater than the ratio set forth below: Fiscal Quarter End Ratio ------------------ ----- December 31, 2000 3.00:1.0 March 31, 2001 3.10:1.0 June 30, 2001 3.10:1.0 September 30, 2001 2.75:1.0 December 31, 2001 and thereafter 2.50:1.0 1.6 Clause (c) of Section 7.9 of the Credit Agreement is amended to read as follows:
Consolidated Senior Leverage Ratio. Permit the Consolidated Senior Leverage Ratio as at the end of any fiscal quarter of Trean ending on or after June 30, 2020 to exceed the applicable ratio set forth below opposite such fiscal quarter: Fiscal Quarter Ending Consolidated Senior Leverage Ratio June 30, 2020 through September 30, 2020 4.25 to 1.00 December 31, 2020 through March 31, 2021 4.00 to 1.00 June 30, 2021 through March 31, 2022 3.75 to 1.00 June 30, 2022 through March 31, 2023 3.50 to 1.00 June 30, 2023 through March 31, 2024 3.25 to 1.00 June 30, 2024 and each fiscal quarter thereafter 3.00 to 1.00
Consolidated Senior Leverage Ratio. The Consolidated Senior Leverage Ratio shall not be greater than the amount set forth below at any time, in each case, other than as set forth in the definition thereof, with respect to the most recent period of four Fiscal Quarters then ended (starting at the time that the financial statements for the most recent four Fiscal Quarters ended September 30, 2016 are required to have been delivered hereunder (or have been so delivered, if earlier)): September 30, 2016 7.50:1.00 December 31, 2016 7.50:1.00 March 31, 2017 5.00:1.00 June 30, 2017 5.00:1.00 September 30, 2017 5.00:1.00 December 31, 2017 5.00:1.00 March 31, 2018 5.00:1.00 June 30, 2018 5.00:1.00 September 30, 2018 5.00:1.00 December 31, 2018 5.00:1.00 March 31, 2019 2.50:1.00 June 30, 2019 2.50:1.00 September 30, 2019 2.50:1.00 December 31, 2019 2.50:1.00 March 31, 2020 2.50:1.00 June 30, 2020 2.50:1.00
Consolidated Senior Leverage Ratio. Permit the Consolidated Senior Leverage Ratio as of the end of any fiscal quarter of the Borrower, commencing with the fiscal quarter ending March 31, 2011, to be greater than 2.75 to 1.00.