Maximum Consolidated Senior Secured Leverage Ratio. Permit, as of the last day of any fiscal quarter (commencing with the fiscal quarter ending December 31, 2013), for the twelve (12) month period ending on such day, the Consolidated Senior Secured Leverage Ratio to exceed the Maximum Consolidated Senior Secured Leverage Ratio applicable as of such day in accordance with the definition thereof.
Maximum Consolidated Senior Secured Leverage Ratio. The Servicer will cause the Consolidated Senior Secured Leverage Ratio at all times during the fiscal quarters of the Servicer set forth below to be less than the ratio set forth opposite such fiscal quarter below: Fiscal Quarter Ending Ratio December 31, 2010 5.00:1.00 March 31, 2011 5.00:1.00 June 30, 2011 5.00:1.00 September 30, 2011 5.00:1.00 December 31, 2011 4.25:1.00 March 31, 2012 4.25:1.00 June 30, 2012 4.00:1.00 September 30, 2012 3.75:1.00 December 31, 2012 3.50:1.00 March 31, 2013 3.25:1.00 June 30, 2013 3.25:1.00 September 30, 2013 3.25:1.00 December 31, 2013, 3.00:1.00 and thereafter
Maximum Consolidated Senior Secured Leverage Ratio. Manitowoc shall cause the Consolidated Senior Secured Leverage Ratio at all times during the fiscal quarters of Manitowoc set forth below to be less than the ratio set forth opposite such fiscal quarter below: Fiscal Quarter Ending Ratio March 31, 2014June 30, 2014September 30, 2014December 31, 2014 March 31, 2015June 30, 2015September 30, 2015December 31, 2015 March 31, 2016,and thereafter 3.50:1.003.50:1.003.50:1.003.25:1.00 3.25:1.003.25:1.003.25:1.003.25:1.00 3.00:1.00
Maximum Consolidated Senior Secured Leverage Ratio. Permit the Consolidated Senior Secured Leverage Ratio, as of any date set forth below on which the Revolving Commitments are outstanding, to exceed the amount set forth opposite such date below: Last Day of Fiscal Quarter Ending On or About Maximum Consolidated Senior Secured Leverage Ratio December 31, 2007 5.85 to 1.00 March 31, 2008 5.85 to 1.00 June 30, 2008 5.85 to 1.00 September 30, 2008 5.85 to 1.00 December 31, 2008 4.75 to 1.00 March 31, 2009 4.75 to 1.00 June 30, 2009 4.75 to 1.00 September 30, 2009 4.75 to 1.00 December 31, 2009 3.75 to 1.00 March 31, 2010 3.75 to 1.00 June 30, 2010 3.75 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 3.00 to 1.00 September 30, 2011 3.00 to 1.00 December 31, 2011 and thereafter 2.50 to 1.00
Maximum Consolidated Senior Secured Leverage Ratio. Borrower shall not permit the Consolidated Senior Secured Leverage Ratio as of the last day of the most recently ended Fiscal Quarter ending during any of the periods set forth below to exceed the correlative ratio indicated: Period Maximum Consolidated Senior Secured Leverage Ratio 3rd Fiscal Quarter, Fiscal Year 2001 and each Fiscal Quarter thereafter 2.25:1.00
Maximum Consolidated Senior Secured Leverage Ratio. The Servicer will cause the Consolidated Senior Secured Leverage Ratio at all times during the fiscal quarter of the Servicer set forth below to be less than the ratio set forth opposite such fiscal quarter below: Fiscal Quarter Ending Ratio June 30, 2011 5.25:1.00 September 30, 2011 5.25:1.00 December 31, 2011 4.50:1.00 March 31, 2012 4.50:1.00 June 30, 2012 4.00:1.00 September 30, 2012 4.00:1.00 December 31, 2012, and thereafter 3.50:1.00
Maximum Consolidated Senior Secured Leverage Ratio. If any Revolving Loans or Swing Line Loans are outstanding or any Letters of Credit are outstanding and not cash collateralized in full as of the last day of any Fiscal Quarter, Holdings and Company shall not permit the Consolidated Senior Secured Leverage Ratio, as of the last day of the most recently ended Fiscal Quarter for which financial statements have been delivered to Administrative Agent pursuant to subsection 6.1, to be greater than 7.00:1.00.
Maximum Consolidated Senior Secured Leverage Ratio. The ratio of Consolidated Senior Secured Funded Indebtedness on the last day of any fiscal quarter during a period set forth below to Consolidated EBITDA for the period of four consecutive fiscal quarters then ended, shall not exceed, at any time during the periods set forth below, the ratio set forth opposite the applicable period set forth in the table below: Period Ratio ------------------------------------------------------------ Effective Date through 12/30/01 2.50:1.00 ------------------------------------------------------------ 12/31/01 through 3/30/02 2.25:1.00 ------------------------------------------------------------ Thereafter 2.00:1.00 ------------------------------------------------------------
Maximum Consolidated Senior Secured Leverage Ratio. Permit the Consolidated Senior Secured Leverage Ratio as of the end of any Fiscal Quarter of the Parent to be greater than 2.75 to 1.00.
Maximum Consolidated Senior Secured Leverage Ratio. 1. Consolidated Funded Debt as of the fiscal quarter then ended that is secured by a lien on any property $
