Maximum Senior Leverage Ratio. The Company will not permit the ratio (the “Senior Leverage Ratio”), determined as of the end of each of its fiscal quarters ending on and after April 29, 2007, of (i) Consolidated Senior Indebtedness to (ii) Consolidated EBITDA for the period of 4 consecutive fiscal quarters ending with the end of such fiscal quarter, all calculated for the Company and its Subsidiaries on a consolidated basis, to be greater than 2.00 to 1.00.
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Maximum Senior Leverage Ratio. The Company Guarantor will not permit the ratio (the “Senior Leverage Ratio”), determined as of the end of each of its fiscal quarters ending on and after April 29, 2007, of (i) Consolidated Senior Indebtedness to (ii) Consolidated EBITDA for the period of 4 consecutive fiscal quarters ending with the end of such fiscal quarter, all calculated for the Company Guarantor and its Subsidiaries on a consolidated basis, to be greater than 2.00 to 1.00.
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Samples: Guarantee Agreement (Photronics Inc)
Maximum Senior Leverage Ratio. The Company will not permit the ratio (the “Senior Leverage Ratio”)ratio, determined as of the end of each of its fiscal quarters ending on and after April 29December 30, 20072006, of (i) Consolidated Senior Indebtedness Funded Debt to (ii) Consolidated EBITDA for the period of 4 four consecutive fiscal quarters ending with the end of such fiscal quarter, all calculated for the Company and its Subsidiaries on a consolidated basis, to be greater than 2.00 1.25 to 1.001.0.
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Samples: Credit Agreement (International Rectifier Corp /De/)
Maximum Senior Leverage Ratio. The Company Borrower will not permit the ratio (the “Senior Leverage Ratio”), determined as of the end of each of its fiscal quarters ending on and after April 29September 30, 20072010, of (i) Consolidated Senior Indebtedness to (ii) Consolidated EBITDA for the period of 4 four (4) consecutive fiscal quarters ending with the end of such fiscal quarter, all calculated for the Company Borrower and its Subsidiaries on a consolidated basis, to be greater than 2.00 2.50 to 1.00.
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Samples: Credit Agreement (Blackboard Inc)
Maximum Senior Leverage Ratio. The Company Borrower will not permit the ratio (the “Senior Leverage Ratio”), determined as of the end of each of its fiscal quarters ending on and after April 29December 31, 20072016, of (i) Consolidated Senior Indebtedness to (ii) Consolidated EBITDA for the period of 4 four (4) consecutive fiscal quarters ending with the end of such fiscal quarter, all calculated for the Company Borrower and its Subsidiaries on a consolidated basis, to be greater than 2.00 3.50 to 1.00.”
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Maximum Senior Leverage Ratio. The Company Borrower will not permit the ratio (the “Senior Leverage Ratio”), determined as of the end of each of its fiscal quarters ending on and after April 2930, 20072008, of (i) Consolidated Senior Indebtedness to (ii) Consolidated EBITDA for the period of 4 four (4) consecutive fiscal quarters ending with the end of such fiscal quarter, all calculated for the Company Borrower and its Subsidiaries on a consolidated basis, to be greater than 2.00 1.75 to 1.001.0.
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