Common use of Maximum Total Debt Ratio Clause in Contracts

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

Appears in 1 contract

Samples: Credit Agreement (Del Monte Foods Co)

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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 4.75:1.0 6/30/00 5.00:1.0 4.50:1.0 6/30/01 4.50:1.0 4.25:1.0 6/30/02 4.00:1.0 6/30/03 and each fiscal year 3.50:1.0. thereafterthereafter 4.00:1.0.

Appears in 1 contract

Samples: Credit Agreement (Del Monte Foods Co)

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 ***:1.00 6/30/01 4.50:1.0 6/30/02 4.00:1.0 6/30/03 and ***:1.00 each fiscal year 3.50:1.0. thereafterthereafter ***:1.00.

Appears in 1 contract

Samples: Credit Agreement (Del Monte Foods Co)

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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 ------------------ ----- 6/30/97 6.50:1.0 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. thereafterthereaft3.50:1.0.

Appears in 1 contract

Samples: Credit Agreement (Del Monte Foods Co)

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