Maximum Consolidated Net Leverage Ratio. Permit the Consolidated Net Leverage Ratio, as at the last day of any period of four consecutive trailing fiscal quarters of Holdings to be greater than the ratio set forth below opposite such period: Four Fiscal Quarter Period Ending Maximum Consolidated Net Leverage Ratio June 30, 2020 through June 30, 2021 4.00:1.00 September 30, 2021 through December 31, 2021 3.50:1.00 March 31, 2022 through December 31, 2022 3.25:1.00 March 31, 2023 and each fiscal quarter ending thereafter 3.00:1.00
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Samples: Credit Agreement (Ribbon Communications Inc.), Credit Agreement (Ribbon Communications Inc.), Credit Agreement (Ribbon Communications Inc.)
Maximum Consolidated Net Leverage Ratio. Permit The Company shall not permit the Consolidated Net Leverage Ratio, Ratio as at of the last day of any period of four consecutive trailing fiscal quarters of Holdings to be greater than the ratio most recently ended Fiscal Quarter ending on the dates set forth below opposite to exceed the correlative ratio indicated for such period: Four Fiscal Quarter Period Ending Maximum Consolidated Net Leverage Ratio (or period including such Fiscal Quarter): March 31 June 30, 2020 through June 30, 2021 4.00:1.00 30 September 30, 2021 through 30 December 31, 2021 3.50:1.00 March 31, 2022 through December 31, 2022 3.25:1.00 March 31, 2023 and each fiscal quarter ending thereafter 3.00:1.0031 2018 N/A 6.25 to 1.0 6.25 to 1.0 3.75 to 1.0 2019 2.75 to 1.0 2.50 to 1.0 3.50 to 1.0 N/A
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