Maximum Total Debt Ratio. Permit the Maximum Total Debt Ratio as of the ------------------------ end of any fiscal quarter of the Borrowers and their Subsidiaries on a consolidated basis to exceed the following levels for the periods indicated: Period Ratio ----- ----- Closing Date to and including September 30, 1999 7.00:1 October 1, 1999 to and including March 31, 2000 6.50:1 April 1, 2000 to and including September 30, 2000 6.00:1 October 1, 2000 to and including March 31, 2001 5.50:1 April 1, 2001 to and including September 30, 2001 5.00:1 October 1, 2001 and thereafter 4.50:1
Maximum Total Debt Ratio. The Company will not permit the Total Debt Ratio on the last day of any fiscal year to exceed the ratio set forth below opposite such fiscal year: Fiscal Year Ending Ratio ------------------ ----- 6/30/98 6.25:1.0 6/30/99 5.50:1.0 6/30/00 5.00:1.0 6/30/01 4.50:1.0 6/30/02 4.00:1.0 6/30/03 and each fiscal year 3.50:1.0. thereafter
Maximum Total Debt Ratio. At all times and calculated as of the last day of each calendar quarter, the Maximum Total Debt Ratio of the Consolidated Entities and their Minority Holdings shall not be greater than 55%.
Maximum Total Debt Ratio. Permit the Total Debt Ratio on any day from and including (A) the last day of any fiscal quarter set forth below through (B) the day immediately preceding the last day of the immediately following fiscal quarter to exceed the ratio set forth below opposite such date or period: Fiscal Quarter Maximum Ratio Ending -------------- ------------- March 31, 2005 6.75 to 1 June 30, 2005 6.50 to 1 September 30, 2005 6.00 to 1 December 31, 2005 6.00 to 1 March 31, 2006 5.50 to 1 June 20, 2006 5.50 to 1 September 30, 2006 5.00 to 1 December 31, 2006 5.00 to 1 March 31, 2007 5.00 to 1 June 30, 2007 5.00 to 1
Maximum Total Debt Ratio. The Parent will not permit the Total Debt Ratio for any Computation Period set forth below to exceed the ratio set forth below opposite the period in which such Computation Period ends: Period Ratio ------ ----- 6/30/01 through 6/30/02 5.50:1 9/30/02 through 3/31/03 5.25:1 6/30/03 through 3/31/04 5.00:1 6/30/04 through 3/31/05 4.50:1 6/30/05 and thereafter 4.00:1.
Maximum Total Debt Ratio. Borrower will not allow its ratio of (i) total Debt plus Capital Lease Obligation, to (ii) Shareholder's Equity plus total Debt and Capital Lease Obligations, as determined in accordance with GAAP, to ever exceed 50%, as of the end of any fiscal quarter."
Maximum Total Debt Ratio. Permit the Maximum Total Debt Ratio of the Borrower and its Subsidiaries on a consolidated basis to exceed the following levels for the periods indicated: Period Ratio Closing Date to and including September 29, 2001 6.25:1 September 30, 2001 to and including December 30, 2001 6.00:1 December 31, 2001 to but excluding the Second Amendment Effective Date 5.75:1 Second Amendment Effective Date to but excluding the Third Amendment Effective Date 7.00:1 Third Amendment Effective Date to and including September 29, 2003 7.25:1 September 30, 2003 to and including December 30, 2003 6.75:1 December 31, 2003 to and including March 30, 2004 6.50:1 March 31, 2004 to and including September 29, 2004 6.00:1 September 30, 2004 to and including March 30, 2005 5.50:1 March 31, 2005 to and including September 29, 2005 5.00:1 September 30, 2005 to and including March 30, 2006 4.50:1 March 31, 2006 and thereafter 4.00:1 Notwithstanding anything to the contrary set forth in this Agreement, for the purpose of calculating the Maximum Total Debt Ratio in this Section 6.1(a), Maximum Total Debt Ratio shall mean, for the Borrower and its Subsidiaries on a consolidated basis, the ratio of Total Debt less Cash on Hand to Operating Cash Flow.”
Maximum Total Debt Ratio. Permit the Total Debt Ratio at any time (provided that EBITDA shall be calculated as of the end of the last fiscal quarter for which financial statements under Section 5.1(b) shall have been required to be delivered, unless a covenant compliance certificate together with financial statements for the relevant period shall have been delivered to the Lenders for a more recent period, in which case EBITDA set forth therein shall be used for calculating this ratio) of the Borrower and its Subsidiaries on a consolidated basis to exceed the following levels for the periods indicated: PERIOD RATIO ------ ----- Closing Date to and including December 30, 2000 4.25:1 December 31, 2000 and thereafter 4.00:1
Maximum Total Debt Ratio. Permit the Total Debt Ratio as of ------------------------ the last day of any Fiscal Quarter described below, to exceed the ratio set forth opposite that Fiscal Quarter in the matrix below: Fiscal Quarter Ending Maximum Ratio --------------------- ------------- January 31, 2001 through January 31, 2002 2.00:1.00 April 30, 2002 through January 31, 2003 1.50:1.00 April 30, 2003 and thereafter 1.00:1.00."
Maximum Total Debt Ratio. Permit the Total Debt Ratio as of the last day of any Fiscal Quarter ending one year or more following the Opening Date, to exceed the ratio set forth opposite that Fiscal Quarter in the matrix below:
