Common use of Consolidated Senior Leverage Ratio Clause in Contracts

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:

Appears in 2 contracts

Samples: Railworks Corp, Railworks Corp

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Consolidated Senior Leverage Ratio. As of the end of each fiscal quarter of the members of the Consolidated Group, Permit the Consolidated Senior Leverage Ratio shall not as of the end of any fiscal quarter of the Borrower to be greater than the ratio set forth belowbelow opposite such fiscal quarter: Fiscal Quarter End Ended Ratio ------------------ ----- March 31, 2005 2.50:1.00 June 30, 2005 2.50:1.00 September 30, 2005 2.50:1.00 December 31, 2000 3.00:1.0 2005 2.50:1.00 March 31, 2001 3.10:1.0 2006 2.25:1.00 June 30, 2001 3.10:1.0 2006 2.25:1.00 September 30, 2001 2.75:1.0 2006 2.25:1.00 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:2006 2.25:1.00 Each fiscal quarter ended 2.00:1.00 Fiscal Quarter Ended Ratio thereafter

Appears in 1 contract

Samples: Credit Agreement (Cincinnati Bell Inc)

Consolidated Senior Leverage Ratio. As of the end of each fiscal ---------------------------------- quarter of to occur during the members of the Consolidated Groupperiods set forth below, the Consolidated Senior Leverage Ratio shall be not be greater than than: For the ratio set forth below: Fiscal Quarter End Ratio ------------------ ----- fiscal quarter and period ending December 31, 2000 3.00:1.0 1998 3.40:1.0 January 1, 1999 through March 31, 2001 3.10:1.0 1999 2.55:1.0 April 1, 1999 through June 30, 2001 3.10:1.0 September 301999 2.00:1.0 July 1, 2001 2.75:1.0 December 31, 2001 1999 and thereafter 2.50:1.0 1.6 Clause (c) of Section 7.9 of the Credit Agreement is amended to read as follows:1.75:1.0

Appears in 1 contract

Samples: Pediatric Services of America Inc

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 3.00:1.0 June 30, 2001 3.10:1.0 3.00:1.0 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:2.50:1.0

Appears in 1 contract

Samples: First Amendment (Railworks Corp)

Consolidated Senior Leverage Ratio. As of the end of each fiscal quarter of the members of the Consolidated Group---------------------------------- set forth below, the Consolidated Senior Leverage Ratio for such quarter shall be not be greater than the ratio ratios set forth below: Fiscal Quarter End Ending Maximum Ratio ------------------ ----- -------------- ------------- March 31, 2000 10.80:1.00 June 30, 2000 8.70:1.00 September 30, 2000 5.00:1.00 December 31, 2000 3.00:1.0 4.25:1.00 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:3.50:1.00

Appears in 1 contract

Samples: Amendment Agreement and Waiver (Access Worldwide Communications Inc)

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Consolidated Senior Leverage Ratio. As of the end of each fiscal quarter of the members of the Consolidated Group, Permit the Consolidated Senior Leverage Ratio shall not as of the end of any fiscal quarter of the Borrower to be greater than the ratio set forth belowbelow opposite such fiscal quarter: Fiscal Quarter End Ended Ratio ------------------ ----- March 31, 2005 2.50:1.00 June 30, 2005 2.50:1.00 September 30, 2005 2.50:1.00 December 31, 2000 3.00:1.0 2005 2.50:1.00 March 31, 2001 3.10:1.0 2006 2.25:1.00 June 30, 2001 3.10:1.0 2006 2.25:1.00 September 30, 2001 2.75:1.0 2006 2.25:1.00 December 31, 2001 and 2006 2.25:1.00 Each fiscal quarter ended thereafter 2.50:1.0 1.6 Clause (c) of Section 7.9 of the Credit Agreement is amended to read as follows:2.00:1.00

Appears in 1 contract

Samples: Credit Agreement (Cincinnati Bell Inc)

Consolidated Senior Leverage Ratio. As of the end of each fiscal quarter of the members of the Consolidated Group, Permit the Consolidated Senior Leverage Ratio shall not as of the end of any fiscal quarter of the Borrower set forth below to be greater than the ratio set forth belowbelow opposite such fiscal quarter: As of the Fiscal Quarter End Ending Maximum Consolidated Senior Leverage Ratio ------------------ ----- September 25, 2005 2.90:1.0 December 25, 2005 2.90:1.0 March 26, 2006 2.65:1.0 June 25, 2006 2.60:1.0 September 24, 2006 2.25:1.0 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 2006 and each fiscal quarter thereafter 2.50:1.0 1.6 Clause (c) of Section 7.9 of the Credit Agreement is amended to read as follows:2.25:1.0

Appears in 1 contract

Samples: Credit Agreement (Navigant International Inc)

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