Common use of Maximum Consolidated Leverage Ratio Clause in Contracts

Maximum Consolidated Leverage Ratio. Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter set forth below and for the period of four fiscal quarters then ending of Holdings and its Subsidiaries to be greater than the ratio set forth below opposite such time period: Four Fiscal Quarter Ending: Maximum Consolidated Leverage Ratio 30 June 2010 5.00:1.00

Appears in 2 contracts

Samples: Amending and Restating Agreement (TBS International PLC), Loan Agreement (TBS International PLC)

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Maximum Consolidated Leverage Ratio. Permit For the four consecutive fiscal quarters ended as of the Calculation Date, the Consolidated Leverage Ratio as of the end of any fiscal quarter set forth below and for the period of four fiscal quarters then ending of Holdings and its Restricted Subsidiaries to be greater than the ratio set forth below opposite such time period: Four Fiscal Quarter Ending: Maximum is _____:1.00. The Consolidated Leverage Ratio 30 June 2010 5.00:1.00was computed as follows: 6

Appears in 2 contracts

Samples: Intellectual Property Security Agreement (Endeavour International Corp), Security Agreement (Endeavour International Corp)

Maximum Consolidated Leverage Ratio. Permit the Maintain a Consolidated Leverage Ratio as of not greater than (i) 4.50:1.00, through the Fiscal Quarter ending June 30, 2014 and (ii) 4.25:1.00, thereafter, measured at the end of any fiscal quarter set forth below and for the period of four fiscal quarters then ending of Holdings and its Subsidiaries to be greater than the ratio set forth below opposite such time period: Four each Fiscal Quarter Ending: Maximum Consolidated Leverage Ratio 30 June 2010 5.00:1.00based on the four most recent Fiscal Quarters for which financial information is available.

Appears in 1 contract

Samples: Credit Agreement and Consent Agreement (International Shipholding Corp)

Maximum Consolidated Leverage Ratio. Permit the Consolidated Leverage Ratio as of the end of any each fiscal quarter of the Borrower set forth below and for the period of four fiscal quarters then ending of Holdings and its Subsidiaries to be greater than the ratio set forth below opposite such time period: Four (4) Fiscal Quarter Ending: Quarters Ending Maximum Consolidated Leverage Ratio 30 June 2010 5.00:1.009/30/14 2.25:1.00 9/30/15 and each fiscal quarter thereafter 1.00:1.00

Appears in 1 contract

Samples: Credit Agreement (KVH Industries Inc \De\)

Maximum Consolidated Leverage Ratio. Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter set forth below and for the period of four fiscal quarters quarter period then ending of Holdings and its Subsidiaries Subsidiaries, to be greater than the ratio set forth below opposite such time period: Four Fiscal Quarter Ending: Maximum Consolidated Leverage Ratio 30 June 2010 5.00:1.00:

Appears in 1 contract

Samples: Loan Agreement (TBS International PLC)

Maximum Consolidated Leverage Ratio. Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter set forth below and for the period of four fiscal quarters quarter period then ending of Holdings and its Subsidiaries to be greater than the ratio set forth below opposite such time period: Four Fiscal Quarter Quarters Ending: Maximum Consolidated Leverage Ratio 30 Ratio: June 30, 2010 5.00:1.005.00 to 1.00 September 30, 2010 3.75 to 1.00 December 31, 2010 3.00 to 1.00 March 31, 2011 3.00 to 1.00 June 30, 2011 2.75 to 1.00 September 30, 2011 and thereafter 2.50 to 1.00

Appears in 1 contract

Samples: Credit Agreement (TBS International PLC)

Maximum Consolidated Leverage Ratio. Permit the Consolidated Leverage Ratio as at any time during any period of four fiscal quarters of the end Parent ending on the last day of any each fiscal quarter set forth below and for the period of four fiscal quarters then ending of Holdings and its Subsidiaries to be greater than the ratio set forth below opposite such time periodfiscal quarter: Four Fiscal Quarter Ending: Quarters Ending Maximum Consolidated Leverage Ratio 30 June Closing Date through December 31, 2009 2.00 to 1.00 March 31, 2010 5.00:1.00and each fiscal quarter thereafter 1.50 to 1.00

Appears in 1 contract

Samples: Credit Agreement (Spark Networks Inc)

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Maximum Consolidated Leverage Ratio. Permit the Consolidated Leverage Ratio as of the end of any each fiscal quarter of the Borrower set forth below and for the period of four fiscal quarters then ending of Holdings and its Subsidiaries to be greater than the ratio set forth below opposite such time period: Four (4) Fiscal Quarter Ending: Quarters Ending Maximum Consolidated Leverage Ratio 30 June 2010 5.00:1.009/30/15 1.75:1.00 12/31/15 1.50:1.00 3/31/16 and each fiscal quarter thereafter 1.25:1.00

Appears in 1 contract

Samples: Credit Agreement (KVH Industries Inc \De\)

Maximum Consolidated Leverage Ratio. Permit the Consolidated Leverage Ratio as of the end of at any fiscal quarter time during any period set forth below and for the period of four fiscal quarters then ending of Holdings and its Subsidiaries to be greater than the ratio set forth below opposite such time period: Four Fiscal Quarter Ending: Maximum Consolidated Leverage Period Ratio 30 Closing Date through March 2023 4.75:1.00 April 2023 through June 2010 5.00:1.002023 4.60:1.00 July 2023 and each fiscal quarter thereafter 4.25:1.00

Appears in 1 contract

Samples: Credit Agreement (Procaps Group, S.A.)

Maximum Consolidated Leverage Ratio. Permit the Consolidated Leverage Ratio as at any time during any period of four fiscal quarters of the end Parent ending on the last day of any each fiscal quarter set forth below and for the period of four fiscal quarters then ending of Holdings and its Subsidiaries to be greater than the ratio set forth below opposite such time periodfiscal quarter: Four Fiscal Quarter Ending: Quarters Ending Maximum Consolidated Leverage Ratio 30 Closing Date through March 31, 2010 2.00 to 1.00 June 30, 2010 5.00:1.00and each fiscal quarter thereafter 1.50 to 1.00

Appears in 1 contract

Samples: Credit Agreement (Spark Networks Inc)

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