Common use of Maximum Leverage Ratio Clause in Contracts

Maximum Leverage Ratio. Permit the Leverage Ratio at the end of any fiscal quarter (commencing with the fiscal quarter ending on June 30, 2004) during any period set forth below to be greater than the ratio set forth opposite such period below: Closing Date through June 30, 2004 3.25 to 1.00 July 1, 2004 through December 31, 2004 3.00 to 1.00 January 1, 2005 through December 31, 2006 2.50 to 1.00 Thereafter 2.00 to 1.00

Maximum Leverage Ratio. Permit the Leverage Ratio at as of the end of any fiscal quarter of the Borrower (commencing beginning with the fiscal quarter ending on June September 30, 20042008) during any period set forth below to be greater than the ratio set forth below opposite such the applicable period belowending date: Closing Date September 30, 2008 3.75:1.00 December 31, 2008 through June 30, 2004 3.25 to 1.00 July 12009 3.50:1.00 September 30, 2004 2009 through December 31, 2004 3.00 to 1.00 January 12009 3.25:1.00 March 31, 2005 2010 through June 30, 2010 3.00:1.00 September 30, 2010 through December 31, 2006 2.50 to 1.00 Thereafter 2.00 to 1.002010 2.75:1.00 March 31, 2011 through December 31, 2011 2.50:1.00 March 31, 2012 and thereafter 2.25:1.00

Maximum Leverage Ratio. Permit the Leverage Ratio as at the end last day of any fiscal quarter (commencing with the fiscal quarter ending on June 30, 2004) during any period set forth below to be greater than the ratio set forth opposite such period below: Period Ratio Closing Date through September 19, 2007 6.00 to 1.00 September 20, 2007 through July 2, 2008 5.75 to 1.00 July 3, 2008 through July 1, 2009 5.50 to 1.00 July 2, 2009 through December 16, 2009 5.15 to 1.00 December 17, 2009 through June 30, 2004 3.25 2010 5.00 to 1.00 July 1, 2004 2010 through December 3115, 2004 3.00 to 1.00 January 1, 2005 through December 31, 2006 2.50 2010 4.75 to 1.00 Thereafter 2.00 4.50 to 1.00

Maximum Leverage Ratio. Permit the Leverage Ratio at the end of any fiscal quarter (commencing with the fiscal quarter ending on June 30, 2004) time during any period of four fiscal quarters of the Borrower set forth below in which the last fiscal quarter ends after the Closing Date to be greater than the ratio set forth below opposite such period belowperiod: Closing Date through June September 30, 2004 3.25 to 1.00 July 1, 2004 through December 31, 2004 3.00 to 1.00 January 1, 2005 through December 31, 2006 2.50 2005 4.50 to 1.00 Thereafter 2.00 March 31, 2006 through September 30, 2006 4.25 to 1.00 December 31, 2006 through December 31, 2007 4.00 to 1.00 March 31, 2008 and each fiscal quarter thereafter 3.75 to 1.00

Maximum Leverage Ratio. Permit the Leverage Ratio at as of the end last day of any fiscal quarter (commencing with the fiscal quarter ending on June 30as of December 31, 20042003) ending during any period set forth below to be greater than exceed the ratio set forth opposite such period below: Closing Date through June and including September 30, 2004 2006 3.25 to 1.00 July 1, 2004 through December 31, 2004 1.0 Thereafter 3.00 to 1.00 January 1, 2005 through December 31, 2006 2.50 to 1.00 Thereafter 2.00 to 1.001.0

Maximum Leverage Ratio. Permit the Leverage Ratio at the end of any time during a fiscal quarter (commencing with the fiscal quarter ending on June 30, 2004) during any period set forth below to be greater than the ratio set forth opposite such period fiscal quarter below: Closing Date Fiscal Quarter Ended in, or Closest to Ratio August 1999 through June 30, 2004 3.25 to 1.00 July 1, 2004 September 2000 4.5:1.0 December 2000 through September 2001 4.0:1.0 December 31, 2004 3.00 to 1.00 January 1, 2005 2001 through September 2002 3.5:1.0 December 31, 2006 2.50 to 1.00 Thereafter 2.00 to 1.002002 through September 2003 3.0:1.0 December 2003 and thereafter 2.5:1.0

Maximum Leverage Ratio. Permit the Leverage Ratio at as of the end last day of any fiscal quarter (commencing with the fiscal quarter ending on June 30as of December 31, 20042003) ending during any period set forth below to be greater than exceed the ratio set forth opposite such period below: Period Ratio ------ ----- Closing Date through June and including September 30, 2004 2006 3.25 to 1.00 July 1, 2004 through December 31, 2004 1.0 Thereafter 3.00 to 1.00 January 1, 2005 through December 31, 2006 2.50 to 1.00 Thereafter 2.00 to 1.001.0

Maximum Leverage Ratio. Permit the Leverage Ratio at on the end last day of any full fiscal quarter of the Company ending with any fiscal quarter (commencing with the fiscal quarter ending on June 30, 2004) during any period set forth below to be greater more than the ratio set forth opposite such period below: Closing Date through June September 30, 2004 3.25 to 1.00 July 1, 2004 through 2002 3.00 December 31, 2004 3.00 to 1.00 January 12002 - September 30, 2005 through 2003 2.75 December 31, 2006 2.50 to 1.00 Thereafter 2.00 to 1.002003 - and thereafter 2.50

Maximum Leverage Ratio. Permit Commencing with the four fiscal quarter period ending March 31, 2017, permit the Leverage Ratio at for any period of four consecutive fiscal quarters of the end Parent Borrower, in each case taken as one accounting period, as of the last day of any fiscal quarter (commencing with the fiscal quarter ending on quarter, to be greater than: March 31, 2017 and June 30, 2004) during any period set forth below to be greater than the ratio set forth opposite such period below: Closing Date through 2017 5.25:1.00 September 30, 2017, December 31, 2017, March 31, 2018, June 30, 2004 3.25 to 1.00 July 12018 and September 30, 2004 through 2018 5.85:1.00 December 31, 2004 3.00 to 1.00 January 1, 2005 through December 2018 5.50:1.00 March 31, 2006 2.50 to 1.00 Thereafter 2.00 to 1.002019 and thereafter 5.25:1.00

Maximum Leverage Ratio. Permit the Leverage Ratio at the end of any fiscal quarter (commencing with of the fiscal quarter ending on June 30, 2004) Borrower occurring during any period set forth below to be greater than the ratio set forth below opposite such period belowperiod: Closing Date through June 30April 1, 2004 3.25 2007 5.25 to 1.00 July 1April 2, 2004 through December 31, 2004 3.00 to 1.00 January 1, 2005 through December 31, 2006 2.50 to 1.00 Thereafter 2.00 2007 and each fiscal quarter thereafter 5.00 to 1.00

Maximum Leverage Ratio. Permit the Leverage Ratio at the end of any fiscal quarter (commencing with the fiscal quarter ending on June 30, 2004) time during any period of four fiscal quarters of the Borrower set forth below in which the last fiscal quarter ends after the Closing Date to be greater than the ratio set forth below opposite such period belowperiod: Closing Date through June March 30, 2004 3.25 2006 4.00 to 1.00 July 1, 2004 through December 31, 2004 3.00 to 1.00 January 1, 2005 through December March 31, 2006 2.50 through March 30, 2007 3.75 to 1.00 Thereafter 2.00 March 31, 2007 through March 30, 2008 3.50 to 1.00 March 31, 2008 and each fiscal quarter thereafter 3.25 to 1.00

Maximum Leverage Ratio. Permit the Leverage Ratio as at the end last day of any fiscal quarter (commencing with the fiscal quarter ending on June 30, 2004) during in or around any period set forth below to be greater than the ratio set forth opposite such period below: Closing Ratio Restatement Date through June 30, 2004 3.25 4.75 to 1.00 July 1, 2004 through December 3115, 2004 4.50 to 1.00 December 16, 2004 through April 6, 2005 4.25 to 1.00 April 7, 2005 through April 5, 2006 4.00 to 1.00 April 6, 2006 through April 4, 2007 3.50 to 1.00 April 5, 2007 through April 2, 2008 3.00 to 1.00 January 1, 2005 through December 31, 2006 Thereafter 2.50 to 1.00 Thereafter 2.00 to 1.00

Maximum Leverage Ratio. Permit the Leverage Ratio at as of the end of any fiscal quarter (commencing with the fiscal quarter ending on June 30, 2004) during any a period set forth below to be greater than the ratio set forth opposite such period below: Closing Date through June September 30, 2004 3.25 to 1.00 July 2006 3.75:1.00 October 1, 2004 2006 through December 31September 30, 2004 3.00 to 1.00 January 2007 3.50:1.00 October 1, 2005 through December 31, 2006 2.50 to 1.00 Thereafter 2.00 to 1.002007 and thereafter 3.00:1.00

Maximum Leverage Ratio. Permit the Leverage Ratio at as of the end last day of any fiscal quarter (commencing with the fiscal quarter ending on June 30, 2004) during any a period set forth below to be greater than the ratio set forth opposite such period below: Closing Date Period Ratio September 30, 2007 through March 31, 2009 7.25 to 1.00 April 1, 2009 through June 30, 2004 3.25 2009 7.00 to 1.00 July 1, 2004 2009 through December 31September 30, 2004 3.00 2009 6.75 to 1.00 January October 1, 2005 2009 through December 31September 30, 2006 2.50 2010 6.50 to 1.00 October 1, 2010 through September 30, 2011 6.00 to 1.00 October 1, 2011 through September 30, 2013 5.50 to 1.00 Thereafter 2.00 5.00 to 1.00

Maximum Leverage Ratio. Permit the Leverage Ratio as at the end last day of any fiscal quarter (commencing with the fiscal quarter ending on June 30, 2004) during in or around any period set forth below to be greater than the ratio set forth opposite such period below: Period Ratio ------ ----- Closing Date through June March 31, 2003 4.50 to 1.00 April 1, 2003 through September 30, 2003 4.25 to 1.00 October 1, 2003 through September 30, 2004 3.25 4.00 to 1.00 July 68 October 1, 2004 through December 31September 30, 2004 3.00 2005 3.50 to 1.00 January October 1, 2005 through December 31September 30, 2006 2.50 3.00 to 1.00 Thereafter 2.00 2.75 to 1.00

Maximum Leverage Ratio. Permit the Leverage Ratio at as of the end last day of any fiscal quarter (commencing with the fiscal quarter ending on June September 30, 2004) during any period set forth below to be greater than the ratio set forth opposite such period below: Closing Date through December 31, 2005 4.25 to 1.00 January 1, 2006 through June 30, 2004 3.25 2006 4.00 to 1.00 July 1, 2004 2006 through December 31, 2004 3.00 2006 3.75 to 1.00 January 1, 2005 2007 through December 31, 2006 2.50 2007 3.50 to 1.00 January 1, 2008 through December 31, 2008 3.00 to 1.00 Thereafter 2.00 2.75 to 1.00

Maximum Leverage Ratio. Permit the Leverage Ratio at as of the end last day of any fiscal quarter (commencing with the fiscal quarter ending on June 30March 31, 2004) ending during any a period set forth below to be greater than the ratio set forth opposite such period below: Closing Date through June 30March 31, 2004 3.25 2005 5.95 to 1.00 July 1, 2004 through December 31, 2004 3.00 to 1.00 January April 1, 2005 through December March 31, 2006 2.50 5.90 to 1.00 April 1, 2006 through March 31, 2007 5.50 to 1.00 April 1, 2007 through March 31, 2008 5.00 to 1.00 April 1, 2008 through March 31, 2009 4.50 to 1.00 April 1, 2009 through March 31, 2010 4.00 to 1.00 Thereafter 2.00 3.75 to 1.00

Maximum Leverage Ratio. Permit the Leverage Ratio at as of the end of any fiscal quarter of the Borrower (commencing beginning with the fiscal quarter ending on June September 30, 20042011) during any period set forth below to be greater than the ratio set forth below opposite such the applicable period belowending date: Closing Date September 30, 2011 through June 30, 2004 3.25 to 1.00 July 12013 3.25:1.00 September 30, 2004 2013 through December 31June 30, 2004 3.00 to 1.00 January 12014 3.00:1.00 September 30, 2005 through December 31, 2006 2.50 to 1.00 Thereafter 2.00 to 1.002014 and thereafter 2.75:1.00

Maximum Leverage Ratio. Permit the Leverage Ratio at the end of any time during a fiscal quarter (commencing with the fiscal quarter ending on June 30, 2004) during any period set forth below to be greater than the ratio set forth opposite such period fiscal quarter below: Closing Date through Fiscal Quarter Ended in, or Closest to Ratio -------------------- ----- June 30, 2004 3.25 to 1.00 July 1, 2004 2000 through December 31, 2004 3.00 to 1.00 January 1, 2005 2000 3.25:1.00 March 2001 through December 31, 2006 2.50 to 1.00 Thereafter 2.00 to 1.002001 3.00:1.00 March 2002 through December 2002 2.75:1.00 March 2003 through December 2003 2.25:1.00 March 2004 and thereafter 2.00:1.00

Maximum Leverage Ratio. Permit the Leverage Ratio at as of the end of any fiscal quarter (commencing with period of four consecutive Fiscal Quarters of the fiscal quarter ending on June 30, 2004) Borrower occurring during any period set forth below to be greater than the ratio set forth opposite such period belowperiod: Closing Date through June 29, 2014 3.75 to 1.00 June 30, 2004 3.25 to 1.00 July 1, 2004 through December 31, 2004 3.00 to 1.00 January 1, 2005 through December 31, 2006 2.50 to 1.00 Thereafter 2.00 2014 and thereafter 3.50 to 1.00

Maximum Leverage Ratio. Permit Leverage Ratio, as of the Leverage Ratio at the end last day of any fiscal quarter each Fiscal Quarter (commencing with the fiscal quarter Fiscal Quarter ending on June nearest to September 30, 20042005) during any period set forth below not to be greater than exceed the ratio set forth below opposite such Fiscal Quarter or the period belowduring which such Fiscal Quarter ends: Closing Date Fiscal Quarter ending nearest to September 30, 2005 through the Fiscal Quarter ending nearest to June 30, 2004 3.25 to 1.00 July 1, 2004 through December 31, 2004 2008 3.00 to 1.00 January 1Fiscal Quarter ending nearest to September 30, 2005 through December 31, 2006 2008 and thereafter 2.50 to 1.00 Thereafter 2.00 to 1.00

Maximum Leverage Ratio. Permit the Leverage Ratio at the end of any fiscal quarter (commencing with the fiscal quarter ending on June 30, 2004) during any period set forth below to be greater than the ratio set forth below opposite such period belowthe applicable period: Closing Date through June December 30, 2004 3.25 to 1.00 July 1, 2004 through 2007 3.00:1.00 December 31, 2004 3.00 to 1.00 January 1, 2005 through December 31, 2006 2.50 to 1.00 Thereafter 2.00 to 1.002007 and thereafter 2.50:1.00

Maximum Leverage Ratio. Permit the Leverage Ratio at the end of any fiscal quarter (commencing with the fiscal quarter ending on June 30, 2004) during any a period set forth below to be greater than the ratio set forth opposite such period below: Closing Date through September 30, 2007 7.00 to 1.00 October 1, 2007 through June 30, 2004 3.25 2008 6.50 to 1.00 July 1, 2004 2008 through December 31June 30, 2004 3.00 2009 6.25 to 1.00 January July 1, 2005 2009 through December 31September 30, 2006 2.50 2010 5.75 to 1.00 Thereafter 2.00 4.75 to 1.00

Maximum Leverage Ratio. Permit the Leverage Ratio at as of the end last day of any fiscal quarter (commencing ending during a period set forth below, beginning with the fiscal quarter ending on June September 30, 2004) during any period set forth below 2007, to be greater than the ratio set forth opposite such period below: Closing Date through June September 30, 2004 3.25 to 1.00 July 2007 5.75:1.00 October 1, 2004 2007 through December 31, 2004 3.00 to 1.00 2007 5.50:1.00 January 1, 2005 2008 through December 31, 2006 2.50 to 1.00 Thereafter 2.00 to 1.002008 5.25:1.00 January 1, 2009 through June 30, 2009 5.00:1.00 July 1, 2009 through December 31, 2009 4.75:1.00 January 1, 2010 through September 30, 2010 4.50:1.00 October 1, 2010 and thereafter 4.25:1.00

Maximum Leverage Ratio. Permit the Leverage Ratio at as of the end last day of any fiscal quarter (commencing with the fiscal quarter ending on June September 30, 2004) during any period set forth below to be greater than the ratio set forth opposite such period below: Period Ratio ------ ----- Closing Date through December 31, 2005 4.25 to 1.00 January 1, 2006 through June 30, 2004 3.25 2006 4.00 to 1.00 July 1, 2004 2006 through December 31, 2004 3.00 2006 3.75 to 1.00 January 1, 2005 2007 through December 31, 2006 2.50 2007 3.50 to 1.00 January 1, 2008 through December 31, 2008 3.00 to 1.00 Thereafter 2.00 2.75 to 1.00

Maximum Leverage Ratio. Permit the Leverage Ratio at the end of any fiscal quarter (quarter, commencing with the fiscal quarter ending on June September 30, 2004) during any period set forth below 2010, to be greater than the ratio set forth below opposite the applicable period during which such period belowfiscal quarter ends: Closing Date Period Leverage Ratio September 30, 2010 through June 30, 2004 3.25 to 1.00 July 12011 3.50:1:00 September 30, 2004 2011 through June 30, 2012 3.25:1:00 September 30, 2012 through December 31, 2004 3.00 to 1.00 January 12012 3.00:1:00 March 31, 2005 2013 through December 31, 2006 2.50 to 1.00 Thereafter 2.00 to 1.002013 2.75:1:00 March 31, 2014 and thereafter 2.50:1:00

Maximum Leverage Ratio. Permit the Leverage Ratio as at the end last day of any fiscal quarter (commencing with the fiscal quarter ending on June 30, 2004) during any period set forth below to be greater than the applicable ratio set forth opposite such period below: Closing Date Through September 30, 2005 3.75 to 1.00 October 1, 2005 through June 30, 2004 3.25 2006 3.50 to 1.00 July 1, 2004 2006 through September 30, 2006 3.25 to 1.00 October 1, 2006 through December 31, 2004 2006 3.00 to 1.00 January 1, 2005 2007 through December 31, 2006 2007 2.75 to 1.00 January 1, 2008 through December 31, 2008 2.50 to 1.00 Thereafter 2.00 January 1, 2009 and thereafter 2.25 to 1.00

Maximum Leverage Ratio. Permit the Leverage Ratio at as of the end last day of any fiscal quarter (commencing ending during a period set forth below, beginning with the fiscal quarter ending on June September 30, 2004) during any period set forth below 2007, to be greater than the ratio set forth opposite such period below: Closing Date through June September 30, 2004 3.25 to 1.00 July 2007 5.25:1.00 October 1, 2004 2007 through December 31, 2004 3.00 to 1.00 2007 5.00:1.00 January 1, 2005 2008 through December 31, 2006 2.50 to 1.00 Thereafter 2.00 to 1.002008 4.75:1.00 January 1, 2009 through June 30, 2009 4.50:1.00 July 1, 2009 through December 31, 2009 4.25:1.00 January 1, 2010 through September 30, 2010 4.00:1.00 October 1, 2010 and thereafter 3.75:1.00

Maximum Leverage Ratio. Permit the Leverage Ratio at the end of any fiscal quarter (commencing with the fiscal quarter ending on June 30, 2004) during any period set forth below to be greater than the ratio set forth opposite such period below: Closing Restatement Date through and including June 30, 2004 3.25 2005 3.00 to 1.00 July 1, 2004 2005 through and including December 31, 2004 3.00 to 1.00 January 1, 2005 through December 31, 2006 2.50 3.50 to 1.00 Thereafter 2.00 3.00 to 1.00

Maximum Leverage Ratio. Permit the Leverage Ratio at the end of any fiscal quarter (commencing with the fiscal quarter ending on June 30, 2004) time during any period of four fiscal quarters of the Borrower set forth below in which the last fiscal quarter ends after the Closing Date to be greater than the ratio set forth below opposite such period belowperiod: Closing Date through June March 30, 2004 3.25 3.75 to 1.00 July 1March 31, 2004 through December 31, 2004 3.00 3.50 to 1.00 January 1, 2005 through December 31September 29, 2006 2.50 2005 3.25 to 1.00 Thereafter 2.00 September 30, 2005 and each fiscal quarter thereafter 3.00 to 1.00

Maximum Leverage Ratio. Permit the Leverage Ratio at the end of any fiscal quarter (commencing with of the fiscal quarter ending on June 30, 2004) Borrower occurring during any period set forth below to be greater than the ratio set forth below opposite such period belowperiod: Closing Date through June 30, 2004 3.25 to 1.00 July 1, 2004 through December 31, 2004 3.00 2007 5.50 to 1.00 January 1, 2005 through December 31, 2006 2.50 to 1.00 Thereafter 2.00 2008 and each fiscal quarter thereafter 5.25 to 1.00

Maximum Leverage Ratio. Permit the Leverage Ratio at the end of any fiscal quarter (commencing with the fiscal quarter ending on June 30, 2004) during any a period set forth below to be greater than the ratio set forth opposite such period below: Closing Date through March 31, 2005 3.85 to 1.00 April 1, 2005 through June 30, 2004 3.25 2005 3.75 to 1.00 July 1, 2004 through December 31, 2004 3.00 to 1.00 January 1, 2005 through December March 31, 2006 2.50 3.50 to 1.00 April 1, 2006 through March 31, 2007 3.25 to 1.00 April 1, 2007 through March 31, 2008 2.75 to 1.00 Thereafter 2.00 2.25 to 1.00