Common use of LEVERAGE BASED PRICING Clause in Contracts

LEVERAGE BASED PRICING. If, at the end of any calendar quarter, the Leverage Ratio is less than or equal to 1.5 to 1.0, the interest rate for the succeeding calendar quarter shall be adjusted to, as appropriate, either the Prime Rate minus One-eighth of one percent (0.125%) or one hundred seventy-five (175) basis points in excess of the Benchmark Rate. If, at the end of any calendar quarter, the Leverage Ratio is less than or equal to 1.0 to 1.0, the interest rate for the succeeding calendar quarter shall be adjusted to, as appropriate, either the Prime Rate minus One-fourth of one percent (0.250%) or one hundred fifty (150) basis points in excess of the Benchmark Rate.

LEVERAGE BASED PRICING. If, at the end of any calendar quarter, the Leverage Ratio is less than or equal to 1.5 to 1.0, the interest rate for the succeeding calendar quarter shall be adjusted to, as appropriate, either the Prime Rate minus One-eighth of one percent (0.125%) or one hundred seventy-five (175) basis points in excess of the Benchmark Rate. If, at the end of any calendar quarter, the Leverage Ratio is less than or equal to 1.0 to 1.0, the interest rate for the succeeding calendar quarter shall be adjusted to, as appropriate, either the Prime Rate minus One-fourth of one percent (0.250%) or one hundred fifty (150) basis points in excess of the Benchmark Rate.. 1.1.5

LEVERAGE BASED PRICING. If, at the end end-of any calendar quarter, the Leverage Ratio is less than or equal to 1.5 to 1.0, the interest rate for the succeeding calendar quarter shall be adjusted to, as appropriate, either the Prime Rate minus One-eighth of one percent (0.125%) or one hundred seventy-five (175) basis points in excess of the Benchmark Rate. If, at the end of any calendar quarter, the Leverage Ratio is less than or equal to 1.0 to 1.0, the interest rate for the succeeding calendar quarter shall be adjusted to, as appropriate, either the Prime Rate minus One-fourth of one percent (0.250%) or one hundred fifty (150) basis points in excess of the Benchmark Rate. SECTION 1.3.

LEVERAGE BASED PRICING. If, at the end of any calendar quarter, the Leverage Ratio is less than or equal to 1.5 to 1.0 and greater than 1.0 to 1.0, the interest rate for the succeeding calendar quarter shall be adjusted to, as appropriate, either the Prime Rate minus Oneone-eighth of one percent (0.125%) or one hundred seventy-five fifty (175150) basis points in excess of the Benchmark Rate. If, at the end of any calendar quarter, the Leverage Ratio is less than or equal to 1.0 to 1.0, the interest rate for the succeeding calendar quarter shall be adjusted to, as appropriate, either the Prime Rate minus Oneone-fourth of one percent (0.250%) or one hundred fifty twenty-five (150125) basis points in excess of the Benchmark Rate.

LEVERAGE BASED PRICING. If, at the end of any calendar quarter, the Leverage Ratio is less than or equal to 1.5 to 1.0, the interest rate for the succeeding calendar quarter shall be adjusted to, as appropriate, either the Prime Rate minus One-eighth eight of one percent (0.125%) or one hundred seventy-five (175) basis points in excess of the Benchmark Rate. If, at the end of any calendar quarter, the Leverage Ratio is less than or equal to 1.0 to 1.0, the interest rate for the succeeding calendar quarter shall be adjusted to, as appropriate, either the Prime Rate minus One-fourth of one percent (0.250%) or one hundred fifty (150) basis points in excess of the Benchmark Rate.. D. Section 1.2.1 of the Agreement is hereby deleted in its entirety and replaced with the following: