Common use of Maximum Total Leverage Ratio Clause in Contracts

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, at the last day of each month during any period set forth in the table below, to exceed the ratio set forth opposite such period in the table below: Test Period Leverage Ratio Closing Date - December 31, 2005 3.500 to 1.0 January 1, 2006 - December 31, 2006 3.250 to 1.0 January 1, 2007 - December 31, 2007 3.000 to 1.0 January 1, 2008 - December 31, 2008 2.750 to 1.0 January 1, 2009 and thereafter 2.625 to 1.0

Appears in 1 contract

Samples: Credit Agreement (MagnaChip Semiconductor LTD (United Kingdom))

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Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, at as of the last day of each month during any period set forth in the table below, Test Period to exceed the ratio set forth opposite such period Test Period in the table below: Test Period Leverage Ratio Closing Date - September 30, 2012 4.00 to 1.00 December 31, 2005 3.500 2012 3.85 to 1.0 January 11.00 March 31, 2006 - 2013 3.85 to 1.00 June 30, 2013 3.75 to 1.00 September 30, 2013 3.60 to 1.00 December 31, 2006 3.250 2013 3.25 to 1.0 January 11.00 March 31, 2007 - 2014 3.10 to 1.00 June 30, 2014 2.95 to 1.00 September 30, 2014 2.80 to 1.00 December 31, 2007 3.000 2014 2.45 to 1.0 January 1, 2008 - December 1.00 March 31, 2008 2.750 2015 2.30 to 1.0 January 11.00 June 30, 2009 2015 2.15 to 1.00 September 30, 2015 and thereafter 2.625 2.00 to 1.01.00

Appears in 1 contract

Samples: Credit Agreement (AP Gaming Holdco, Inc.)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, at as of the last day of each month during any period Test Period ending on or about the dates set forth in the table below, to exceed the ratio set forth opposite such period Test Period in the table belowsuch table: Test Period Total Leverage Ratio Closing Date - June 30, 2011 5.00 to 1.0 September 30, 2011 4.75 to 1.0 December 31, 2005 3.500 2011 4.50 to 1.0 January 1March 31, 2006 - 2012 4.50 to 1.0 June 30, 2012 4.25 to 1.0 September 30, 2012 4.00 to 1.0 December 31, 2006 3.250 2012 3.75 to 1.0 January 1, 2007 - December March 31, 2007 3.000 2013 3.50 to 1.0 January 1June 30, 2008 - December 31, 2008 2.750 2013 3.25 to 1.0 January 1September 30, 2009 2013 and thereafter 2.625 3.00 to 1.0

Appears in 1 contract

Samples: Credit Agreement (Rovi Corp)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, at the last day of each month any Test Period during any period set forth in the table below, to exceed the ratio set forth opposite such period in the table below: Test Period Leverage Ratio Closing Date - December 31, 2005 3.500 to 1.0 January July 1, 2006 - December 31, 2006 3.250 6.50 to 1.0 January 1, 2007 - June 30, 2007 6.75 to 1.0 July 1, 2007 - December 31, 2007 3.000 6.50 to 1.0 January 1, 2008 - December 31, 2008 2.750 6.25 to 1.0 January 1, 2009 - December 31, 2009 6.00 to 1.0 January 1, 2010 - June 30, 2011 6.00 to 1.0 July 1, 2011 - December 31, 2011 5.75 to 1.0 January 1, 2012 and thereafter 2.625 5.50 to 1.0

Appears in 1 contract

Samples: Credit Agreement (Jacobs Entertainment Inc)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, at as of the last day of each month during any period Test Period ending on or about the dates set forth in the table below, to exceed the ratio set forth opposite such period Test Period in the table belowsuch table: Test Period Total Leverage Ratio Closing Date - June 30, 2012 6.25 to 1.0 September 30, 2012 6.25 to 1.0 December 31, 2005 3.500 2012 6.25 to 1.0 January 1March 31, 2006 - 2013 5.75 to 1.0 June 30, 2013 5.75 to 1.0 September 30, 2013 5.75 to 1.0 December 31, 2006 3.250 2013 5.75 to 1.0 January 1March 31, 2007 - 2014 5.25 to 1.0 June 30, 2014 5.25 to 1.0 September 30, 2014 5.25 to 1.0 December 31, 2007 3.000 2014 5.25 to 1.0 January 1, 2008 - December March 31, 2008 2.750 to 1.0 January 1, 2009 2015 and thereafter 2.625 4.00 to 1.0

Appears in 1 contract

Samples: Credit Agreement (Rovi Corp)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, at as of the last day end of each month any Test Period ending during any period set forth in the table below, to exceed the ratio set forth opposite such period in the table below: Test Period Leverage Ratio Closing Date - December 31, 2005 3.500 2004 0.55 to 1.0 January 1, 2006 - December 2005 — March 31, 2006 3.250 2005 0.40 to 1.0 January April 1, 2007 - December 312005 — June 30, 2007 3.000 2005 0.25 to 1.0 January July 1, 2008 - December 31, 2008 2.750 to 1.0 January 1, 2009 2005 and thereafter 2.625 0.10 to 1.0

Appears in 1 contract

Samples: Credit Agreement (USA Mobility, Inc)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, at as of the last day of each month any Test Period ending during any period set forth in the table below, to exceed the ratio set forth opposite such period in the table below: Test Period Leverage Ratio Closing Date - March 31, 2007 4.00 to 1.0 April 1, 2007 - June 30, 2007 3.75 to 1.0 July 1, 2007 - September 30, 2007 3.40 to 1.0 October 1, 2007 - March 31, 2008 3.00 to 1.0 April 1, 2008 - September 30, 2008 2.50 to 1.0 October 1, 2008 - June 30, 2009 2.00 to 1.0 July 1, 2009 - December 31, 2005 3.500 2009 1.25 to 1.0 January 1, 2006 - December 31, 2006 3.250 to 1.0 January 1, 2007 - December 31, 2007 3.000 to 1.0 January 1, 2008 - December 31, 2008 2.750 to 1.0 January 1, 2009 2010 and thereafter 2.625 1.00 to 1.0

Appears in 1 contract

Samples: Credit Agreement (On Assignment Inc)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, at as of the last day of each month any Test Period in effect during any period set forth in the table below, to exceed the ratio set forth opposite such period in the table below: Test Period Leverage Ratio Closing Date July 1, 2008 - September 30, 2008 4.50 to 1.0 October 1, 2008 - March 31, 2009 4.25 to 1.0 April 1, 2009 - June 30, 2009 3.75 to 1.0 July 1, 2009 - September 30, 2009 3.50 to 1.0 October 1, 2009 - December 31, 2005 3.500 2009 3.25 to 1.0 January 1, 2006 2010 - December March 31, 2006 3.250 2010 2.75 to 1.0 January April 1, 2007 2010 - December 31June 30, 2007 3.000 2010 2.50 to 1.0 January July 1, 2008 - December 31, 2008 2.750 to 1.0 January 1, 2009 2010 and thereafter 2.625 2.25 to 1.0

Appears in 1 contract

Samples: Credit Agreement (Macrovision Solutions CORP)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, at the last day of each month any date during any period set forth in the table below, to exceed the ratio set forth opposite such period in the table below: Test Period Leverage Ratio Closing Date - December 31, 2005 3.500 to 1.0 January 1, 2006 - December 31, 2006 3.250 to 1.0 January 1, 2007 - December 31, 2007 3.000 7.00 to 1.0 January 1, 2008 - September 27, 2008 6.85 to 1.0 September 28, 2008 - July 4, 2009 6.70 to 1.0 July 5, 2009 - December 31, 2008 2.750 2009 6.50 to 1.0 January 1, 2009 2010 - October 2, 2010 6.00 to 1.0 October 3, 2010 and thereafter 2.625 to 1.05.75

Appears in 1 contract

Samples: Credit Agreement (Ply Gem Holdings Inc)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, at as of the last day of each month during any period Test Period ending on the date set forth in the table below, to exceed the ratio set forth opposite such period Test Period end date in the table below: Test Period End Date Total Leverage Ratio Closing Date - June 30, 2010 5.35 to 1.0 September 30, 2010 5.35 to 1.0 December 31, 2005 3.500 2010 5.35 to 1.0 January 1March 31, 2006 - 2011 5.25 to 1.0 June 30, 2011 5.00 to 1.0 September 30, 2011 5.00 to 1.0 December 31, 2006 3.250 2011 4.75 to 1.0 January 1March 31, 2007 - 2012 4.75 to 1.0 June 30, 2012 4.50 to 1.0 September 30, 2012 4.25 to 1.0 112 Test Period End Date Total Leverage Ratio December 31, 2007 3.000 2012 4.25 to 1.0 January 1March 31, 2008 - 2013 4.00 to 1.0 June 30, 2013 4.00 to 1.0 September 30, 2013 3.75 to 1.0 December 31, 2008 2.750 2013 3.75 to 1.0 January 1March 31, 2009 and thereafter 2.625 2014 3.50 to 1.0 June 30, 2014 3.50 to 1.0 September 30, 2014 3.50 to 1.0 December 31, 2014 3.50 to 1.0

Appears in 1 contract

Samples: Credit Agreement (BioScrip, Inc.)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, at the last day of each month any Test Period during any period set forth in the table below, to exceed the ratio set forth opposite such period in the table below: Test Period Leverage Ratio Closing Date - July 1, 2006—December 31, 2005 3.500 2006 6.50 to 1.0 January 1, 2006 - 2007—June 30, 2007 6.75 to 1.0 July 1, 2007—December 31, 2006 3.250 2007 6.50 to 1.0 January 1, 2007 - 2008—December 31, 2007 3.000 2008 6.25 to 1.0 January 1, 2008 - 2009—December 31, 2008 2.750 2009 6.00 to 1.0 January 1, 2009 2010—June 30, 2011 6.00 to 1.0 July 1, 2011—December 31, 2011 5.75 to 1.0 January 1, 2012 and thereafter 2.625 5.50 to 1.0

Appears in 1 contract

Samples: Credit Agreement (Jacobs Entertainment Inc)

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Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, at as of the last day of each month any Test Period ending during any period set forth in the table below, to exceed the ratio set forth opposite such period in the table below: Test Period Total Leverage Ratio Closing Date - December 31June 30, 2005 3.500 2007 6.15 to 1.0 January 1September 29, 2006 - December 31, 2006 3.250 2007 6.15 to 1.0 January 1December 29, 2007 - December 31, 2007 3.000 6.15 to 1.0 January 1March 29, 2008 - December 316.15 to 1.0 June 28, 2008 2.750 6.10 to 1.0 January 1September 27, 2008 6.10 to 1.0 December 27, 2008 6.00 to 1.0 March 28, 2009 and thereafter 2.625 5.75 to 1.0 June 28, 2009 5.75 to 1.0 September 27, 2009 5.50 to 1.0 December 27, 2009 5.50 to 1.0 March 28, 2010 5.25 to 1.0 June 28, 2010 5.00 to 1.0 Any Test Period Thereafter 4.75 to 1.0

Appears in 1 contract

Samples: 2 and Waiver (Leiner Health Products Inc)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, at as of the last day of each month during any period Test Period set forth in the table below, to exceed the ratio set forth opposite such period Test Period in the table below: Test Period End Date Total Leverage Ratio Closing Date - September 30, 2011 3.75 to 1.0 December 31, 2005 3.500 2011 3.75 to 1.0 January 1March 31, 2006 - 2012 3.75 to 1.0 June 30, 2012 3.75 to 1.0 September 30, 2012 3.75 to 1.0 December 31, 2006 3.250 2012 3.75 to 1.0 January 1March 31, 2007 - 2013 3.75 to 1.0 June 30, 2013 3.25 to 1.0 September 30, 2013 3.25 to 1.0 December 31, 2007 3.000 2013 3.25 to 1.0 January 1March 31, 2008 - 2014 3.25 to 1.0 June 30, 2014 2.75 to 1.0 September 30, 2014 2.75 to 1.0 December 31, 2008 2.750 2014 2.75 to 1.0 January 1March 31, 2009 and thereafter 2.625 2015 2.75 to 1.0 June 30, 2015 2.00 to 1.0 September 30, 2015 2.00 to 1.0

Appears in 1 contract

Samples: Credit Agreement (Biglari Holdings Inc.)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, at the last day end of each any three-month during any period set forth in the table below, to exceed the ratio set forth opposite such period in the table below: Test Period Leverage Ratio Closing Date - December 31, 2005 3.500 to 1.0 January 1, 2006 - December 31, 2006 3.250 to 1.0 January 1, 2007 - 3.00 to 1.0 March 31, 2007 April 1, 2007 - 3.00 to 1.0 June 30, 2007 July 1, 2007 - 3.00 to 1.0 September 30, 2007 October 1, 2007 - 2.75 to 1.0 December 31, 2007 3.000 to 1.0 January 1, 2008 - 2.50 to 1.0 March 31, 2008 April 1, 2008 - 2.50 to 1.0 June 30, 2008 July 1, 2008 - 2.25 to 1.0 September 30, 2008 October 1, 2008 - 2.25 to 1.0 December 31, 2008 2.750 to 1.0 January 1, 2009 and thereafter 2.625 2.00 to 1.0

Appears in 1 contract

Samples: Credit Agreement (Banta Corp)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, as at the last day end of each month any Test Period ending during any period set forth in the table below, to exceed the ratio set forth opposite such period in the table below: Test Period Leverage Ratio Closing Date - December 31through September 30, 2005 3.500 2007 6.50 to 1.0 January 1, 2006 - December 31, 2006 3.250 to 1.0 January October 1, 2007 - December 31through June 30, 2007 3.000 2008 6.25 to 1.0 January July 1, 2008 - through September 30, 2008 6.00 to 1.0 October 1, 2008 through December 31, 2008 2.750 5.50 to 1.0 January 1, 2009 through December 31, 2009 4.00 to 1.0 January 1, 2010 through December 31, 2010 3.25 to 1.0 January 1, 2011 through December 31, 2011 2.25 to 1.0 January 1, 2012 and thereafter 2.625 2.00 to 1.0

Appears in 1 contract

Samples: Credit Agreement (Itron Inc /Wa/)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, at as of the last day of each month during any period Test Period set forth in the table below, to exceed the ratio set forth opposite such period Test Period in the table below: Test Period End Date Total Leverage Ratio Closing Date - September 30, 2011 4.00 to 1.0 December 31, 2005 3.500 2011 3.50 to 1.0 January 1March 31, 2006 - 2012 3.00 to 1.0 June 30, 2012 2.50 to 1.0 September 30, 2012 2.35 to 1.0 December 31, 2006 3.250 2012 2.15 to 1.0 January 1March 31, 2007 - 2013 2.05 to 1.0 June 30, 2013 2.00 to 1.0 September 30, 2013 1.90 to 1.0 December 31, 2007 3.000 2013 1.60 to 1.0 January 1, 2008 - December March 31, 2008 2.750 2014 1.60 to 1.0 January 1June 30, 2009 and thereafter 2.625 2014 1.50 to 1.01.0 September 30, 2014 1.50 to 1.0 100

Appears in 1 contract

Samples: Credit Agreement (PHC Inc /Ma/)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, at the last day of each month fiscal quarter during any period set forth in the table below, to exceed the ratio set forth opposite such period in the table below: Test Period Leverage Ratio Closing Date - December 31, 2005 3.500 5.100 to 1.0 January 1, 2006 - March 31, 2006 4.700 to 1.0 April 1, 2006 - June 30, 2006 4.850 to 1.0 July 1, 2006 - September 30, 2006 6.850 to 1.0 October 1, 2006 - December 31, 2006 3.250 4.700 to 1.0 January 1, 2007 - September 30, 2007 4.500 to 1.0 October 1, 2007 - December 31, 2007 3.000 4.250 to 1.0 January 1, 2008 - December 31, 2008 2.750 3.200 to 1.0 January 1, 2009 and thereafter 2.625 to 1.0

Appears in 1 contract

Samples: Credit Agreement (Magnachip Semiconductor LLC)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, at the last day of each month any Test Period during any period set forth in the table below, to exceed the ratio set forth opposite such period in the table below: Test Period Leverage Ratio Closing Date - December 31, 2005 3.500 to 1.0 January July 1, 2006 - December 31, 2006 3.250 6.50 to 1.0 January 1, 2007 - June 30, 2007 6.75 to 1.0 July 1, 2007 - December 31, 2007 3.000 6.50 to 1.0 January 1, 2008 - December 31, 2008 2.750 6.25 to 1.0 January 1, 2009 - December 31, 2009 6.00 to 1.0 January 1, 2010 – December 31, 2010 5.50 to 1.0 January 1, 2011 and thereafter 2.625 5.00 to 1.0

Appears in 1 contract

Samples: Jacobs Entertainment Inc

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