Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, as of the last day of any fiscal quarter ending during any period set forth in the table below, to exceed the ratio set forth opposite such period in the table below: Closing Date through December 30, 2014 3.50:1.00 December 31, 2014 through June 29, 2015 3.25:1.00 June 30, 2015 through December 30, 2015 3.00:1.00 December 31, 2015 through September 29, 2016 2.75:1.00 September 30, 2016 and thereafter 2.50:1.00
Appears in 2 contracts
Sources: Credit Agreement (ARC Group Worldwide, Inc.), Credit Agreement
Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, Ratio as of the last day end of any fiscal quarter ending during any period set forth in the table belowon or after September 30, 2006, to exceed be greater than the ratio set forth below opposite such period in the table belowfiscal quarter end: Closing Date through December 30, 2014 3.50:1.00 on or prior to December 31, 2014 through June 29, 2015 3.25:1.00 June 30, 2015 through December 30, 2015 3.00:1.00 2008 6.50 to 1.0 thereafter but on or prior to December 31, 2015 through September 292010 6.00 to 1.0 after December 31, 2016 2.75:1.00 September 30, 2016 and thereafter 2.50:1.002010 5.50 to 1.0
Appears in 2 contracts
Sources: First Lien Credit Agreement (Hawkeye Holdings, Inc.), First Lien Credit Agreement (Hawkeye Holdings, Inc.)
Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, Ratio as of the last day end of any fiscal quarter ending during any period set forth in the table belowon or after September 30, 2006, to exceed be greater than the ratio set forth below opposite such period in the table belowfiscal quarter end: Closing Date through December 30, 2014 3.50:1.00 on or prior to December 31, 2014 through June 29, 2015 3.25:1.00 June 30, 2015 through December 30, 2015 3.00:1.00 2008 7.00 to 1.0 thereafter but on or prior to December 31, 2015 through September 292010 6.75 to 1.0 after December 31, 2016 2.75:1.00 September 30, 2016 and thereafter 2.50:1.002010 6.50 to 1.0
Appears in 2 contracts
Sources: Second Lien Credit Agreement (Hawkeye Holdings, Inc.), Second Lien Credit Agreement (Hawkeye Holdings, Inc.)
Maximum Total Leverage Ratio. Permit the Total Leverage RatioThe Borrower shall maintain, as of on the last day of any each fiscal quarter ending during any period set forth in the table below, to exceed a Total Leverage Ratio of not more than the maximum ratio set forth below opposite such period in the table belowfiscal quarter: Closing Date through December October 31, 2007, January 31, 2008, April 30, 2014 3.50:1.00 December 2008, July 31, 2014 through June 292008, 2015 3.25:1.00 June October 31, 2008 and January 31, 2009 4.7 to 1 April 30, 2015 through December 2009, July 31, 2009, October 31, 2009 and January 31, 2010 4.2 to 1 April 30, 2015 3.00:1.00 December 31, 2015 through September 29, 2016 2.75:1.00 September 30, 2016 2010 and each fiscal quarter thereafter 2.50:1.004.0 to 1
Appears in 2 contracts
Sources: Term Loan Agreement (Collective Brands, Inc.), Term Loan Agreement (Payless Shoesource Inc /De/)
Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, Ratio as of the last day of any each fiscal quarter ending on a date or during any a period set forth in the table below, below to exceed be greater than the ratio set forth opposite such period in the table below: Closing Date July 1, 2007 through December 30, 2014 3.50:1.00 December 31, 2014 2007 6.25 to 1.00 January 1, 2008 through June 29, 2015 3.25:1.00 June 30, 2015 through December 30, 2015 3.00:1.00 December 31, 2015 2008 5.00 to 1.00 January 1, 2009 through September 29December 31, 2016 2.75:1.00 September 302009 4.25 to 1.00 January 1, 2016 and thereafter 2.50:1.002010 through December 31, 2010 3.50 to 1.00 Thereafter 3.00 to 1.00
Appears in 1 contract
Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, as of Ratio at the last day end of any fiscal quarter ending during any a period set forth in the table below, below to exceed be greater than the ratio set forth opposite such period in the table below: Closing Date through December 30, 2014 3.50:1.00 December PERIOD RATIO ------ ----- May 31, 2014 2006 through June February 28, 2009 3.00 to 1.00 February 29, 2015 3.25:1.00 June 302008 through February 27, 2015 2009 2.75 to 1.00 February 28, 2009 through December 30February 27, 2015 3.00:1.00 December 312010 2.50 to 1.00 February 28, 2015 2010 through September 29February 27, 2016 2.75:1.00 September 302011 2.25 to 1.00 February 28, 2016 2011 and thereafter 2.50:1.002.00 to 1.00
Appears in 1 contract
Sources: Credit Agreement (Corel Corp)
Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, Ratio as of the last day end of any fiscal quarter ending during any period of four consecutive Fiscal Quarters of the Borrower set forth in the table below, below to exceed be greater than the ratio set forth opposite such period in the table belowperiod: Closing Date through December 30, 2014 3.50:1.00 Period Maximum Total Leverage Ratio December 31, 2014 through June 292019 6.00 to 1.00 March 31, 2015 3.25:1.00 2020 5.75 to 1.00 June 30, 2015 through December 2020 5.75 to 1.00 September 30, 2015 3.00:1.00 2020 5.75 to 1.00 December 31, 2015 through September 29, 2016 2.75:1.00 September 30, 2016 2020 and thereafter 2.50:1.005.50 to 1.00
Appears in 1 contract
Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, as of the last day of any fiscal quarter ending during any period set forth Fiscal Quarter described in the table matrix below, to exceed the ratio set forth opposite such period in the table belowthat Fiscal Quarter: Closing Date through December September 30, 2014 3.50:1.00 2009 through December 31, 2014 through June 292010 7.25:1.00 March 31, 2015 3.25:1.00 2011 7.00:1.00 June 30, 2015 through December 2011 6.75:1.00 September 30, 2015 3.00:1.00 2011 6.50:1.00 December 31, 2015 through September 29, 2016 2.75:1.00 September 30, 2016 2011 and thereafter 2.50:1.006.25:1.00
Appears in 1 contract
Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, as of Ratio at the last day end of any fiscal quarter ending during any a period set forth in the table below, below to exceed be greater than the ratio set forth opposite such period in the table below: Closing Date through December 30, 2014 3.50:1.00 December PERIOD RATIO ------------------------------------------- ------------ May 31, 2014 2006 through June February 28, 2008 3.00 to 1.00 February 29, 2015 3.25:1.00 June 302008 through February 27, 2015 2009 2.75 to 1.00 February 28, 2009 through December 30February 27, 2015 3.00:1.00 December 312010 2.50 to 1.00 February 28, 2015 2010 through September 29February 27, 2016 2.75:1.00 September 302011 2.25 to 1.00 February 28, 2016 2011 and thereafter 2.50:1.002.00 to 1.00
Appears in 1 contract
Sources: Credit Agreement (Corel Corp)
Maximum Total Leverage Ratio. Permit 1. Commencing on the Fiscal Quarter ended March 31, 2026, maintain a Total Leverage Ratio, as measured on a Fiscal Quarter-end basis, of not greater than the last day of any fiscal quarter ending during any period applicable ratio set forth in the following table below, to exceed for the ratio applicable date set forth opposite such period in the table belowthereto: Closing Date through December 30, 2014 3.50:1.00 December March 31, 2014 through June 292026, 2015 3.25:1.00 June 30, 2015 through December 30, 2015 3.00:1.00 December 31, 2015 through September 29, 2016 2.75:1.00 September 30, 2016 and each Fiscal Quarter thereafter 2.50:1.004.00:1.00
Appears in 1 contract
Sources: Loan and Security Agreement (American Vanguard Corp)