Common use of Consolidated Senior Secured Leverage Ratio Clause in Contracts

Consolidated Senior Secured Leverage Ratio. The Borrower will not permit the Consolidated Senior Secured Leverage Ratio as at the last day of any period of four consecutive fiscal quarters of the Borrower to exceed 3.00 to 1.0.

Appears in 2 contracts

Samples: Credit Agreement (Griffon Corp), Guarantee and Collateral Agreement (Griffon Corp)

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Consolidated Senior Secured Leverage Ratio. The Borrower Company will not permit the Consolidated Senior Secured Leverage Ratio as at of the last day end of any period of four consecutive fiscal quarters of the Borrower Measurement Period to exceed be greater than 3.00 to 1.01.00.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Kaman Corp), Revolving Credit Agreement (Kaman Corp)

Consolidated Senior Secured Leverage Ratio. The Borrower will not permit the Consolidated Senior Secured Leverage Ratio as at the last day of any period of four consecutive fiscal quarters of the Borrower to exceed 3.00 3.25 to 1.0.

Appears in 2 contracts

Samples: Credit Agreement (Griffon Corp), Credit Agreement (Griffon Corp)

Consolidated Senior Secured Leverage Ratio. The Borrower will not permit the Consolidated Senior Secured Leverage Ratio as at the last day of any period of four consecutive fiscal quarters of the Borrower to exceed 3.00 2.50 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (Griffon Corp)

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Consolidated Senior Secured Leverage Ratio. The Borrower will not permit the Consolidated Senior Secured Leverage Ratio as at of the last day of any period of four consecutive fiscal quarters of the Borrower Reference Period to exceed 3.00 to 1.0be greater than 2.75:1.00.

Appears in 1 contract

Samples: Credit Agreement (Progress Software Corp /Ma)

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