Common use of Net Leverage Ratio Clause in Contracts

Net Leverage Ratio. The Borrower shall not, as of the last day of any fiscal quarter, permit its Net Leverage Ratio to be greater than 3.00 to 1.00.

Appears in 3 contracts

Sources: Credit Agreement (Regis Corp), Credit Agreement (Regis Corp), Credit Agreement (Regis Corp)

Net Leverage Ratio. The Borrower shall will not, as of the last day of any fiscal quarterquarter commencing with the fiscal quarter ending September 30, 2024, permit its the Net Leverage Ratio to be greater than 3.00 3.25 to 1.00.

Appears in 2 contracts

Sources: Credit Agreement (BKV Corp), Credit Agreement (BKV Corp)

Net Leverage Ratio. The Borrower shall will not, as of the last day of any fiscal quarterquarter commencing with the fiscal quarter ending March 31, 2025, permit its the Net Leverage Ratio to be greater than 3.00 to 1.00.

Appears in 2 contracts

Sources: Credit Agreement (Prairie Operating Co.), Credit Agreement (Prairie Operating Co.)

Net Leverage Ratio. The Borrower shall will not, as of the last day of any fiscal quarterquarter commencing with the fiscal quarter ending March 31, 2025, permit its the Net Leverage Ratio to be greater than 3.00 2.50 to 1.00.

Appears in 1 contract

Sources: Credit Agreement (Prairie Operating Co.)