Leverage Requirement Sample Clauses

Leverage Requirement. As of the end of each fiscal quarter of CREIS’ commencing with the fiscal quarter ending September 30, 2011, Total Liabilities shall not exceed (i) 75% of CREIS’ Total Asset Value during the Tier 1 Period, (ii) 70% of CREIS’ Total Asset Value during the Tier 2 Period, and (iii) 65% of CREIS’ Total Asset Value during the Tier 3 Period.
Sample 1
AutoNDA by SimpleDocs
Leverage Requirement. As of the end of each fiscal quarter of the Consolidated Group commencing with the fiscal quarter ending June 30, 2012, Consolidated Outstanding Indebtedness shall not exceed 65% of Total Asset Value. For the purposes of this Section 6.16(b), Approved Subordinated Debt will be treated as equity only until the date that is twelve (12) months after the Effective Date.
Sample 1
Leverage Requirement. The Total Net Leverage Ratio, measured as of the most recently reported month end of the Borrower (for the twelve month period then ended and assuming the funding of the Loan and the Related Transactions had occurred), shall not be more than 4.00 to 1.00.
Sample 1
Leverage Requirement. The Total Leverage Ratio, measured as of March 27, 2011 (using EBITDA calculated in accordance with Section 3.1(c) and assuming the Related Transactions had occurred), shall not be more than 3.75 to 1.00.
Sample 1
Leverage Requirement. As of the end of each fiscal quarter of CCPT IV’s commencing with the fiscal quarter ending June 30, 2012, Total Liabilities shall not exceed (i) 75% of CCPT IV’s Total Asset Value during the Tier 1 Period, (ii) 70% of CCPT IV’s Total Asset Value during the Tier 2 Period, and (iii) 65% of CCPT IV’s Total Asset Value during the Tier 3 Period. For the purposes of this Section 6.16(b), Approved Subordinated Debt will be treated as equity.
Sample 1
Leverage Requirement. As of the end of each fiscal quarter of CCPT III commencing with the fiscal quarter ending September 30, 2009, Total Liabilities shall not exceed 60% of CCPT III’s Total Asset Value.
Sample 1
Leverage Requirement. As of the end of each fiscal quarter of Guarantor commencing with the fiscal quarter ending September 30, 2009, Total Liabilities shall not exceed 60% of Guarantor’s Total Asset Value.
Sample 1
AutoNDA by SimpleDocs

Related to Leverage Requirement

  • Coverage Requirements (08/19) Contractor shall comply with the following insurance requirements:

  • Age Requirement The employee must have reached the age of fifty-five (55) before reduction in workload.

  • Service Requirement Except as otherwise provided in Section 6(e) of the Plan or Section 2 of this Agreement, this Option may be exercised only while you continue to provide Service to the Company or any Affiliate, and only if you have continuously provided such Service since the Grant Date of this Option.

  • W-9 Requirement Alongside a signed copy of this Agreement, Grantee will provide Florida Housing with a properly completed Internal Revenue Service (“IRS”) Form W-9. The purpose of the W-9 form is to document the SS# or FEIN# per the IRS. Note: W-9s submitted for any other entity name other than the Grantee’s will not be accepted.

  • Insurance Coverage Requirements 8.25.1 General Liability insurance written on ISO policy form CG 00 01 or its equivalent with limits of not less than the following: General Aggregate: $2 million Products/Completed Operations Aggregate: $1 million Personal and Advertising Injury: $1 million Each Occurrence: $1 million

  • CONTRACT COMPLIANCE REQUIREMENT The HUB requirement on this Contract is 0%. The student engagement requirement of this Contract is 0 hours. The Career Education requirement for this Contract is 0 hours. Failure to achieve these requirements may result in the application of some or all of the sanctions set forth in Administrative Policy 3.10, which is hereby incorporated by reference.

  • LIVING WAGE REQUIREMENT Contractor shall comply with, and ensure its subcontractors performing work under this Contract comply with, Milwaukee Board of School Directors’ Administrative Policy 3.09(17), which requires that employees be paid a “living wage.”

  • Notice Requirement No termination of this Agreement shall be effective unless and until the party terminating this Agreement gives prior written notice to all other parties of its intent to terminate, which notice shall set forth the basis for the termination. Furthermore,

  • Compliance Requirements K. If using volunteers as provided for in this Contract during FY19, which encompasses the Contract term of July 1, 2019 to June 30, 2020, then the Grantee must either:

  • Release Requirement Notwithstanding any provision herein to the contrary, except as otherwise determined by the Company, in order for the Grantee to receive Shares pursuant to the settlement of Vested RSUs under Section 6(a), (b), (c), (d) or (e) above, the Grantee (or the representative of his or her estate) must execute and deliver to the Company a general release and waiver of claims against the Company, its Subsidiaries and their directors, officers, employees, shareholders and other affiliates in a form that is satisfactory to the Company (the “Release”). The Release must become effective and irrevocable under applicable law no later than 60 days following the date of the Grantee’s death, termination of employment or transfer of position, as applicable.

Time is Money Join Law Insider Premium to draft better contracts faster.