Debt Levels Clause Samples

Debt Levels. Debt of the Company and its Restricted Subsidiaries (a) from the Closing Date through December 31, 2001 to exceed 50% of Consolidated Tangible Gross Worth and (b) from January 1, 2002 and at all times thereafter to exceed 45% of Consolidated Tangible Gross Worth.
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Debt Levels. Debt of the Company and its Restricted Subsidiaries to exceed the following percentages of Consolidated Tangible Gross Worth as of the end of the following respective periods:
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Debt Levels. Debt of the Company and its Restricted Subsidiaries to exceed 45% of Consolidated Tangible Gross Worth as of the quarter ending September 30, 2006 and each fiscal quarter ending thereafter.
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Related to Debt Levels

  • Staffing Levels To the extent legislative appropriations and PIN authorizations allow, safe staffing levels will be maintained in all institutions where employees have patient, client, inmate or student care responsibilities. In July of each year, the Secretary or Deputy Secretary of each agency will, upon request, meet with the Union, to hear the employees’ views regarding staffing levels. In August of each year, the Secretary or Deputy Secretary of Budget and Management will, upon request, meet with the Union to hear the employees’ views regarding the Governor’s budget request.

  • Senior Leverage Ratio The Borrower shall not permit its Senior Leverage Ratio at any time to exceed 2.75 to 1.00.

  • Maximum Leverage Permit, as of any fiscal quarter end, the ratio of (a) Adjusted Portfolio Equity as of such fiscal quarter end to (b) Funded Debt as of such fiscal quarter end, to be less than 5.00 to 1.00.

  • Total Net Leverage Ratio Holdings and its Restricted Subsidiaries, on a consolidated basis, shall not permit the Total Net Leverage Ratio on the last day of any Test Period to exceed the ratio set forth below opposite the last day of such Test Period:

  • Cash Flow Leverage Ratio The Borrower will not permit the Cash Flow Leverage Ratio on the last day of any fiscal quarter to exceed 3.50 to 1.00.