Common use of Maximum Senior Leverage Ratio Clause in Contracts

Maximum Senior Leverage Ratio. Borrower and its Subsidiaries on a consolidated basis shall have, at the end of each Fiscal Quarter set forth below, a Senior Leverage Ratio as of the last day of such Fiscal Quarter and for the 12-month period then ended of not more than the following:

Appears in 2 contracts

Samples: Credit Agreement (510152 N B LTD), Credit Agreement (Playcore Inc)

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Maximum Senior Leverage Ratio. The Borrower will not permit the Senior Leverage Ratio, calculated for the Borrower and its Subsidiaries on a consolidated basis shall havebasis, at determined for the period of four (4) consecutive fiscal quarters then ending as of the end of each Fiscal Quarter of its fiscal quarters, to exceed the ratio set forth below, a on Schedule 6.13 under the caption “Maximum Senior Leverage Ratio as Ratio” for the date of the last day end of each such Fiscal Quarter and for the 12-month period then ended of not more than the following:fiscal quarter.

Appears in 2 contracts

Samples: Credit Agreement (Johnson Outdoors Inc), Credit Agreement (Johnson Outdoors Inc)

Maximum Senior Leverage Ratio. Borrower and its Subsidiaries on a consolidated basis shall have, at the end of each Fiscal Quarter set forth below, a Senior Leverage Ratio as of the last day of such Fiscal Quarter and for the 12-month period then ended of not more than the following:following 3.00 for the Fiscal Quarter ending March 31, 2007;

Appears in 1 contract

Samples: Credit Agreement (Comverge, Inc.)

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Maximum Senior Leverage Ratio. Borrower and its Subsidiaries on a consolidated basis The Loan Parties shall havenot at any time permit the Senior Leverage Ratio, at calculated as of the end of each Fiscal Quarter fiscal quarter for the four fiscal quarters then ended, to exceed the ratio set forth below, a Senior Leverage Ratio as of the last day of such Fiscal Quarter and below for the 12-month period then ended of not more than the following:periods specified below: Fiscal Quarters Ended Ratio ----------------------- ------------ 3/31/03 through 3/31/04 2.25 to 1.00

Appears in 1 contract

Samples: Credit Agreement (Koppers Inc)

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