Senior Leverage Ratio Sample Clauses

Senior Leverage Ratio. The Borrower will not permit the Senior Leverage Ratio as of any date during any period set forth below to exceed the ratio set forth below opposite such period:
Senior Leverage Ratio. The Senior Leverage Ratio during any period set forth below shall not exceed the ratio set forth below opposite such period:
Senior Leverage Ratio. The Borrower shall not permit its Senior Leverage Ratio at any time to exceed 2.75 to 1.00.
Senior Leverage Ratio. (i) In the event that the Securitization Entities incur, repay, repurchase or redeem any Senior Notes subsequent to the commencement of the period for which the Senior Leverage Ratio is being calculated but prior to the event for which the calculation of the Senior Leverage Ratio is made, then the Senior Leverage Ratio shall be calculated giving pro forma effect to such incurrence, repayment, repurchase or redemption of Senior Notes, as if the same had occurred at the beginning of the applicable preceding four Quarterly Fiscal Periods (including in the case of any incurrence or issuance, a pro forma application of the net proceeds therefrom); provided that the Manager may elect pursuant to an Officer’s Certificate delivered to the Trustee (with respect to which the Trustee shall have no obligation of any nature whatsoever) to treat all or any portion of the commitment under any Senior Notes as being incurred at such time, in which case any subsequent incurrence of Senior Notes under such commitment shall not be deemed, for purposes of this calculation, to be an incurrence at such subsequent time.
Senior Leverage Ratio. NewPageHoldCo shall not permit the Senior Leverage Ratio as of the last day of any Fiscal Quarter, beginning with the Fiscal Quarter ending September 30, 2005, to exceed the correlative ratio indicated: 3rd Fiscal Quarter 2005 3.00:1.00 4th Fiscal Quarter 2005 3.00:1.00 1st Fiscal Quarter 2006 3.00:1.00 2nd Fiscal Quarter 2006 2.75:1.00 3rd Fiscal Quarter 2006 2.75:1.00 4th Fiscal Quarter 2006 2.50:1.00 1st Fiscal Quarter 2007 2.50:1.00 2nd Fiscal Quarter 2007 2.25:1.00 3rd Fiscal Quarter 2007 2.25:1.00 4th Fiscal Quarter 2007 2.00:1.00 1st Fiscal Quarter 2008 2.00:1.00 2nd Fiscal Quarter 2008 2.00:1.00 3rd Fiscal Quarter 2008 2.00:1.00 4th Fiscal Quarter 2008 and each Fiscal Quarter thereafter 1.75:1.00
Senior Leverage Ratio. The Parent will not permit the Senior Leverage Ratio to be greater than 3.00:1.00 at any time.
Senior Leverage Ratio. The Borrowers shall not at any time permit the Senior Leverage Ratio, calculated as of the end of each fiscal quarter, to exceed 3.00 to 1.00.
Senior Leverage Ratio. Permit the Senior Leverage Ratio of the Ultimate Parent and its Subsidiaries, measured for the four consecutive Fiscal Quarter period ending as of the last day of each Fiscal Quarter of the Ultimate Parent and its Subsidiaries set forth below, to be greater than the ratio set forth opposite such date: Fiscal Quarter Ending On or About Senior Leverage Ratio March 31, 2016 2.35:1.00 June 30, 2016 2.97:1.00 September 30, 2016 3.76:1.00 December 31, 2016 3.56:1.00 March 31, 2017 3.40:1.00 June 30, 2017 3.26:1.00 September 30, 2017 3.25:1.00 December 31, 2017 and each Fiscal Quarter ended thereafter 2.83:1.00
Senior Leverage Ratio. Permit the Senior Leverage Ratio as of the end of any fiscal quarter to be greater than 3.25 to 1.00.
Senior Leverage Ratio. Holdings and the Borrower will not permit the Senior Leverage Ratio as of the last day of a fiscal quarter set forth below to exceed the ratio set forth opposite such date: Fiscal Quarter Ended Ratio -------------------- ----- March 31, 2003 5.25 to 1.00 June 30, 2003 5.25 to 1.00 September 30, 2003 5.25 to 1.00 December 31, 2003 5.15 to 1.00 March 31, 2004 5.00 to 1.00 June 30, 2004 5.00 to 1.00 September 30, 2004 5.00 to 1.00 December 31, 2004 4.75 to 1.00 March 31, 2005 4.75 to 1.00 June 30, 2005 4.75 to 1.00 September 30, 2005 4.75 to 1.00 December 31, 2005 4.25 to 1.00 March 31, 2006 4.25 to 1.00 June 30, 2006 4.25 to 1.00 September 30, 2006 4.25 to 1.00 December 31, 2006 3.75 to 1.00 March 31, 2007 3.75 to 1.00 June 30, 2007 3.75 to 1.00 September 30, 2007 3.75 to 1.00 December 31, 2007 3.50 to 1.00 March 31, 2008 3.50 to 1.00 June 30, 2008 3.50 to 1.00 September 30, 2008 3.50 to 1.00 December 31, 2008 3.50 to 1.00 March 31, 2009 3.50 to 1.00