Common use of Maximum Senior Secured Leverage Ratio Clause in Contracts

Maximum Senior Secured Leverage Ratio. The Borrower will not permit the Senior Secured Leverage Ratio at any time during a period set forth below to be greater than the ratio set forth opposite such period below: Fiscal Quarter Ending Ratio Each fiscal quarter ending in the period commencing September 30, 2003 to and including June 30, 2004 2.50:1.00 Fiscal quarter ending in the period commencing September 30, 2004 to and including June 30, 2005 2.80:1.00 Each fiscal quarter ending in the period commencing September 30, 2005 and thereafter 2.50:1.00"

Appears in 1 contract

Samples: Credit Agreement and Waiver (Hanger Orthopedic Group Inc)

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Maximum Senior Secured Leverage Ratio. The Borrower will not permit Permit the Senior Secured Leverage Ratio at the end of any time fiscal quarter during a period set forth below to be greater than the ratio set forth opposite such period below: Fiscal Quarter Ending Period Ratio Each fiscal quarter ending in the period commencing February 6, 2007 through September 30, 2003 2007 4.00 to and including June 301.00 October 1, 2004 2.50:1.00 Fiscal quarter ending in the period commencing 2007 through September 30, 2004 2008 3.75 to and including June 301.00 October 1, 2005 2.80:1.00 Each fiscal quarter ending in the period commencing 2008 through September 30, 2005 and thereafter 2.50:1.00"2009 3.25 to 1.00 Thereafter 3.00 to 1.00

Appears in 1 contract

Samples: Credit Agreement (Alion Science & Technology Corp)

Maximum Senior Secured Leverage Ratio. The Borrower will not permit Permit the Senior Secured Leverage Ratio at the end of any time fiscal quarter during a period set forth below to be greater than the ratio set forth opposite such period below: Fiscal Quarter Ending Period Ratio Each fiscal quarter ending in the period commencing July 1, 2008 through December 31, 2008 January 1, 2009 through September 30, 2003 2009 Thereafter 4.10 to and including June 30, 2004 2.50:1.00 Fiscal quarter ending in the period commencing September 30, 2004 1.00 4.25 to and including June 30, 2005 2.80:1.00 Each fiscal quarter ending in the period commencing September 30, 2005 and thereafter 2.50:1.00"1.00 3.00 to 1.00

Appears in 1 contract

Samples: Credit Agreement (Alion Science & Technology Corp)

Maximum Senior Secured Leverage Ratio. The Borrower will not permit Permit the Senior Secured Leverage Ratio at as of the end of any time period of four consecutive Fiscal Quarters of the Borrower occurring during a any period set forth below to be greater than the ratio set forth opposite such period belowperiod: Fiscal Quarter Ending Period Maximum Senior Secured Leverage Ratio Each fiscal quarter ending in the period commencing September Fifth Amendment Effective Date through March 30, 2003 2015 3.75 to and including June 301.00 March 31, 2004 2.50:1.00 Fiscal quarter ending in the period commencing September 30, 2004 to and including June 30, 2005 2.80:1.00 Each fiscal quarter ending in the period commencing September 30, 2005 2015 and thereafter 2.50:1.00"3.50 to 1.00

Appears in 1 contract

Samples: Credit Agreement (Carriage Services Inc)

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Maximum Senior Secured Leverage Ratio. The Borrower will not permit Permit the Senior Secured Leverage Ratio at on the last day of any time fiscal quarter during a any period set forth below to be greater than the ratio set forth opposite such date or period below: Fiscal Quarter Ending Date or Period Ratio Each fiscal quarter ending in the period commencing September 30March 31, 2003 to and including 2004 through June 30, 2004 2.50:1.00 Fiscal quarter ending in the period commencing 1.75:1.00 September 30, 2004 to and including 1.50:1.00 December 31, 2004 1.00:1.00 March 31, 2005 through June 30, 2005 2.80:1.00 Each fiscal quarter ending in the period commencing 1.50:1.00 September 30, 2005 and thereafter 2.50:1.00"1.25:1.00

Appears in 1 contract

Samples: Credit Agreement (Cb Richard Ellis Group Inc)

Maximum Senior Secured Leverage Ratio. The Borrower will not permit Permit the Senior Secured Leverage Ratio at on the last day of any time fiscal quarter during a any period set forth below to be greater than the ratio set forth opposite such date or period below: Fiscal Quarter Ending Date or Period Ratio Each fiscal quarter ending in the period commencing September 30, 2003 to and including 1.75:1.00 December 31, 2003 1.25:1.00 March 31, 2004 through June 30, 2004 2.50:1.00 Fiscal quarter ending in the period commencing 1.75:1.00 September 30, 2004 to and including 1.50:1.00 December 31, 2004 1.00:1.00 March 31, 2005 through June 30, 2005 2.80:1.00 Each fiscal quarter ending in the period commencing 1.50:1.00 September 30, 2005 and thereafter 2.50:1.00"1.25:1.00

Appears in 1 contract

Samples: Credit Agreement (Cbre Holding Inc)

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