Common use of Maximum Senior Secured Leverage Ratio Clause in Contracts

Maximum Senior Secured Leverage Ratio. Prior to the Investment Grade Date, permit the Senior Secured Leverage Ratio for the last day of any Test Period ending at any time after the Effective Date to exceed 3.25 to 1.0.

Appears in 2 contracts

Samples: Credit Agreement (Regency Energy Partners LP), Credit Agreement (Regency Energy Partners LP)

AutoNDA by SimpleDocs

Maximum Senior Secured Leverage Ratio. Prior to the Investment Grade Date, permit Permit the Senior Secured Leverage Ratio for the last day of any Test Period (i) ending up to and including December 31, 2009, to exceed 4.00 to 1.0, (ii) ending thereafter through and including June 30, 2010, to exceed 3.75 to 1.00 and (iii) ending at any time after the Effective Date thereafter to exceed 3.25 3.50 to 1.01.00.”.

Appears in 1 contract

Samples: Amendment Agreement (Regency Energy Partners LP)

AutoNDA by SimpleDocs

Maximum Senior Secured Leverage Ratio. Prior to the Investment Grade Date, permit Permit the Senior Secured Leverage Ratio for the last day of any Test Period (i) ending up to and including December 31, 2009, to exceed 4.00 to 1.0, (ii) ending thereafter through and including June 30, 2010, to exceed 3.75 to 1.00 and (iii) ending at any time after the Effective Date thereafter to exceed 3.25 3.50 to 1.01.00.

Appears in 1 contract

Samples: Credit Agreement (Regency Energy Partners LP)

Time is Money Join Law Insider Premium to draft better contracts faster.