Common use of Maximum Total Leverage Ratio Clause in Contracts

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio as of the end of any fiscal quarter ending on or after September 30, 2006, to be greater than the ratio set forth below opposite the fiscal quarter end: Fiscal Quarter Ending Ratio on or prior to December 31, 2008 7.00 to 1.0 thereafter but on or prior to December 31, 2010 6.75 to 1.0 after December 31, 2010 6.50 to 1.0 77

Appears in 2 contracts

Samples: Second Lien Credit Agreement (Hawkeye Holdings, Inc.), Intercreditor Agreement (Hawkeye Holdings, Inc.)

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Maximum Total Leverage Ratio. Permit the Total Leverage Ratio as of the end last day of any fiscal quarter, commencing with the fiscal quarter ending on or after September 30December 31, 20062014, to be greater than exceed the ratio set forth below opposite the with respect to such fiscal quarter endquarter: Fiscal Quarter Ending Maximum Total Leverage Ratio on or prior Fiscal quarter ending September 30, 2016 4.50 to 1.00 Fiscal quarter ending December 31, 2008 7.00 2016 4.50 to 1.0 thereafter but on or prior to December 1.00 Fiscal quarter ending March 31, 2010 6.75 2017 3.25 to 1.0 after December 311.00 Fiscal quarters ending June 30, 2010 6.50 2017 and thereafter 3.00 to 1.0 771.00

Appears in 2 contracts

Samples: yahoo.brand.edgar-online.com, Willbros Group, Inc.\NEW\

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio Ratio, as of the end last day of any fiscal quarter ending on or after September 30, 2006during any period set forth in the table below, to be greater than exceed the ratio set forth below opposite such period in the fiscal quarter endtable below: Fiscal Quarter Ending Period Total Leverage Ratio on or prior to Closing Date through December 30, 2014 3.50:1.00 December 31, 2008 7.00 to 1.0 thereafter but on or prior to 2014 through June 29, 2015 3.25:1.00 June 30, 2015 through December 30, 2015 3.00:1.00 December 31, 2010 6.75 to 1.0 after December 312015 through September 29, 2010 6.50 to 1.0 772016 2.75:1.00 September 30, 2016 and thereafter 2.50:1.00

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (ARC Group Worldwide, Inc.)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio as of the end of any fiscal quarter ending on or after September 30, 2006, to be greater than the ratio set forth below opposite the fiscal quarter end: Fiscal Quarter Ending Ratio on or prior to December 31, 2008 7.00 6.50 to 1.0 thereafter but on or prior to December 31, 2010 6.75 6.00 to 1.0 after December 31, 2010 6.50 5.50 to 1.0 771.0

Appears in 2 contracts

Samples: First Lien Credit Agreement (Hawkeye Holdings, Inc.), Intercreditor Agreement (Hawkeye Holdings, Inc.)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio as of the end last day of any fiscal quarter, commencing with the fiscal quarter ending on or after September 30, 20062017, to be greater than exceed the ratio set forth below opposite the with respect to such fiscal quarter endquarter: Fiscal Quarter Ending Maximum Total Leverage Ratio on or prior Fiscal quarter ending September 30, 2017 5.50 to 1.00 Fiscal quarter ending December 31, 2008 7.00 2017 4.50 to 1.0 thereafter but on or prior to December 1.00 Fiscal quarter ending March 31, 2010 6.75 2018 4.50 to 1.0 after December 311.00 Fiscal quarters ending June 30, 2010 6.50 2018 and thereafter 3.00 to 1.0 771.00

Appears in 2 contracts

Samples: Willbros Group, Inc.\NEW\, Willbros Group, Inc.\NEW\

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio as of the end of any fiscal quarter ending on or after September 30, 2006, period of four consecutive Fiscal Quarters of the Borrower set forth below to be greater than the ratio set forth below opposite the fiscal quarter endsuch period: Fiscal Quarter Ending Period Maximum Total Leverage Ratio on or prior to December 31, 2008 7.00 2019 6.00 to 1.0 thereafter but on or prior 1.00 March 31, 2020 5.75 to 1.00 June 30, 2020 5.75 to 1.00 September 30, 2020 5.75 to 1.00 December 31, 2010 6.75 2020 and thereafter 5.50 to 1.0 after December 31, 2010 6.50 to 1.0 771.00

Appears in 1 contract

Samples: Credit Agreement (Carriage Services Inc)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio as of the end of any fiscal quarter ending on or after September 30, 2006, period of four consecutive Fiscal Quarters of the Borrower to be greater than the ratio set forth below opposite the fiscal quarter endsuch period: Four Consecutive Fiscal Quarter Ending Period Ended Maximum Total Leverage Ratio on or prior September 30, 2022 5.25 to 1.00 From and after the Third Amendment Effective Date through June 30, 2023 6.00 to 1.00 September 30, 2023 through December 31, 2008 7.00 2023 5.75 to 1.0 thereafter but on or prior to December 1.00 March 31, 2010 6.75 2024 through June 30, 2024 5.50 to 1.0 after December 31, 2010 6.50 to 1.0 771.00

Appears in 1 contract

Samples: Credit Agreement (Carriage Services Inc)

Maximum Total Leverage Ratio. Permit Borrowers and their Subsidiaries on a Consolidated basis shall have, at the end of each Fiscal Quarter set forth below, a Total Leverage Ratio as of the end of any fiscal quarter ending on or after September 30, 2006, to be greater not more than the ratio set forth below opposite following 5.75:1.00 for the fiscal quarter end: Fiscal Quarter Ending Ratio on or prior to December 31, 2008 7.00 to 1.0 thereafter but on or prior to Quarters ending December 31, 2010 6.75 to 1.0 after through December 31, 2010 6.50 to 1.0 772011; 5.40:1.00 for the Fiscal Quarters ending March 31, 2012 through December 31, 2012;

Appears in 1 contract

Samples: Credit Agreement (Northland Cable Properties Seven Limited Partnership)

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Maximum Total Leverage Ratio. Permit As of any fiscal quarter end commencing with the fiscal quarter ending June 30, 2006, during any period set forth below, permit the Total Leverage Ratio as of the end of any fiscal quarter ending on or after September 30, 2006, to be greater than the corresponding ratio set forth below opposite the fiscal quarter endbelow: Fiscal Quarter Ending Period Ratio on or prior April 1, 2006 through December 31, 2006 6.00 to 1.00 January 1, 2007 through December 31, 2007 5.75 to 1.00 January 1, 2008 through December 31, 2008 7.00 5.50 to 1.0 thereafter but on or prior 1.00 January 1, 2009 through December 31, 2009 5.00 to 1.00 January 1, 2010 through December 31, 2010 6.75 4.75 to 1.0 after December 31, 2010 6.50 1.00 Thereafter 4.50 to 1.0 771.00

Appears in 1 contract

Samples: Credit Agreement (DRS Technologies Inc)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio Ratio, as of the end last day of any fiscal quarter ending on or after September 30, 2006Fiscal Quarter described in the matrix below, to be greater than exceed the ratio set forth below opposite the fiscal quarter endthat Fiscal Quarter: Fiscal Quarter Quarters Ending Maximum Ratio on or prior to December 31September 30, 2008 7.00 to 1.0 thereafter but on or prior to 2009 through December 31, 2010 6.75 to 1.0 after 7.25:1.00 March 31, 2011 7.00:1.00 June 30, 2011 6.75:1.00 September 30, 2011 6.50:1.00 December 31, 2010 6.50 to 1.0 772011 and thereafter 6.25:1.00

Appears in 1 contract

Samples: Loan Agreement (Mohegan Tribal Gaming Authority)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio Ratio, determined as of the end last day of any fiscal quarter of Borrower (measured on a rolling four quarter basis for the trailing four fiscal quarters) to be greater than (i) for each fiscal quarter ending on or prior to March 31, 2007, 4.00 to 1.00, (ii) for the fiscal quarter ending June 30, 2007, 3.75 to 1.00, (iii) for the fiscal quarter ending September 30, 2007, 3.50 to 1.00, and (iv) for each fiscal quarter ending on or after September 30, 2006, to be greater than the ratio set forth below opposite the fiscal quarter end: Fiscal Quarter Ending Ratio on or prior to December 31, 2008 7.00 2007 and thereafter, 3.00 to 1.0 thereafter but on or prior to December 31, 2010 6.75 to 1.0 after December 31, 2010 6.50 to 1.0 771.00.

Appears in 1 contract

Samples: Credit Agreement (Wireless Facilities Inc)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio as of the end last day of any fiscal quarter, commencing with the fiscal quarter ending on or after September 30, 20062012, to be greater than exceed the ratio set forth below opposite the with respect to such fiscal quarter endquarter: Fiscal Quarter Ending Maximum Total Leverage Ratio on or prior Fiscal quarter ending September 30, 2012 5.50 to 1.00 Fiscal quarter ending December 31, 2008 7.00 2012 4.00 to 1.0 thereafter but on or prior to December 1.00 Fiscal quarter ending March 31, 2010 6.75 2013 3.25 to 1.0 after December 311.00 Fiscal quarter ending June 30, 2010 6.50 2013 3.00 to 1.0 771.00 Fiscal quarters ending September 30, 2013 and thereafter 2.75 to 1.00

Appears in 1 contract

Samples: Credit Agreement (Willbros Group, Inc.\NEW\)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio as of the end last day of any fiscal quarter, commencing with the fiscal quarter ending on or after September 30March 31, 20062018, to be greater than exceed the ratio set forth below opposite the with respect to such fiscal quarter endquarter: Fiscal Quarter Ending Maximum Total Leverage Ratio on or prior Fiscal quarter ending March 31, 2018 5.50 to 1.00 Fiscal quarter ending June 30, 2018 4.50 to 1.00 Fiscal quarter ending September 30, 2018 4.25 to 1.00 Fiscal quarter ending December 31, 2008 7.00 2018 4.25 to 1.0 thereafter but on or prior to December 1.00 Fiscal quarters ending March 31, 2010 6.75 2019 and thereafter 3.00 to 1.0 after December 31, 2010 6.50 to 1.0 771.00

Appears in 1 contract

Samples: Credit Agreement (Willbros Group, Inc.\NEW\)

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