Senior Debt Ratio Sample Clauses

Senior Debt Ratio. (A) Commencing on the last day of the fiscal quarter ending December 31, 2003 and, measured on the last day of each fiscal quarter thereafter until the Termination Date, the Senior Debt Ratio shall not exceed 4.0x. On the date that any Senior Debt permitted hereunder is Incurred, the Senior Debt Ratio shall not exceed 4.0x. Whenever the Senior Debt Ratio is computed for any purpose under this Agreement, if the computation is being made with respect to a period that ends (1) on the last day of a fiscal quarter, then the Senior Debt and EBITDA, for purposes of such computation, shall be the Senior Debt and EBITDA for the twelve-month period ended on such last day of such fiscal quarter, or (2) on a day other than the last day of a fiscal quarter, then the Senior Debt and EBITDA, for purposes of such computation, shall be the Senior Debt and EBITDA for the most recently completed twelve-month period.
Senior Debt Ratio. Commencing on the last day of the fiscal quarter ending September 30, 2005 and, measured on the last day of each fiscal quarter thereafter until the Termination Date, the Senior Debt Ratio shall not exceed the following: Period Ratio September 30, 2005 3.55 December 31, 2005 3.79 March 31, 2006 3.88 June 30, 2006 4.26 September 30, 2006 4.20 December 31, 2006 3.91 March 31, 2007 3.65 June 30, 2007 3.37 September 30, 2007 3.15 December 31, 2007 3.00 March 31, 2008 2.87 June 30, 2008 2.83 September 30, 2008 2.82 December 31, 2008 2.84 March 31, 2009 2.85 June 30, 2009 2.85
Senior Debt Ratio. The Borrower will not permit the Senior Debt Ratio to exceed the following respective ratios at any time during the following respective periods: Period Ratio From the date hereof through February 28, 2007 4.75 to 1 From March 1, 2007 through February 29, 2008 3.75 to 1 From March 1, 2008 and all times thereafter 3.00 to 1
Senior Debt Ratio. The Borrower covenants and agrees that it will not allow the ratio of (i) Senior Debt to (ii) EBITDA, in each case for the four consecutive fiscal quarters immediately preceding the date of determination, to be greater than 3.0 to 1 at the end of any fiscal quarter. For purposes of this Section 5.11, with respect to assets not owned at all times during the four consecutive quarters immediately preceding the date of determination of EBITDA, there shall be (i) included in EBITDA (without duplication) the EBITDA of any assets acquired during any such four consecutive fiscal quarters immediately preceding the date of determination and (ii) excluded from EBITDA the EBITDA of any asset disposed of during any such four consecutive fiscal quarters immediately preceding the date of determination.
Senior Debt Ratio. Permit the Senior Debt Ratio of the Issuer and its Subsidiaries during any period to be greater than the amount specified for such period in Schedule 7.03(f).
Senior Debt Ratio. The Company will not permit the Senior Debt Ratio (determined in accordance with Section 8.10(e) hereof) to exceed the following respective ratios at any time during the following respective periods: Period Ratio From the Effective Date through and including June 29, 1999 5.50 to 1 From June 30, 1999 through and including December 30, 1999 5.25 to 1 From December 31, 1999 through and including December 30, 2000 5.00 to 1 From December 31, 2000 through and including December 30, 2001 4.50 to 1 From December 31, 2001 and at all times thereafter 4.00 to 1
Senior Debt Ratio. Aristar will not permit the ratio of (x) the aggregate principal amount of all Senior Indebtedness (other than Indebtedness owing among Aristar and its Consolidated Subsidiaries) outstanding at any time to (y) its Tangible Net Worth at such time to be greater than 10.0 to 1.0.
Senior Debt Ratio. Permit the ratio of (i) Senior Debt as of any date during any period specified below to (ii) EBITDA for the most recent complete four fiscal quarter period ended on or prior to such date to be in excess of the ratio set forth below next to such period: Period Ratio From and including the last day of fiscal 1995 to but excluding the last day of the second fiscal quarter of 1996 5.00 to 1.00 From and including the last day of the second fiscal quarter of 1996 to but excluding the last day of the third fiscal quarter of 1996 4.75 to 1.00 From and including the last day of the third fiscal quarter of 1996 to but excluding the last day of fiscal 1996 4.50 to 1.00 From and including the last day of fiscal 1996 to but excluding the last day of fiscal 1997 4.00 to 1.00 From and including the last day of fiscal 1997 to but excluding the last day of fiscal 1998 3.00 to 1.00 Thereafter 2.50 to 1.00 107
Senior Debt Ratio. AGCO shall not allow, as of the end of each fiscal quarter of AGCO, the Senior Debt Ratio to exceed the ratio set forth below for the applicable fiscal quarter corresponding thereto:
Senior Debt Ratio. Subsection 5.03(a)(iii) of the Credit Agreement is hereby amended to the following: