Common use of Senior Leverage Ratio Clause in Contracts

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 PERIOD LEVERAGE RATIO ------ -------------- March 31, 2002-December 30, 2002 5.25:1.00 December 31, 2002-December 30, 2003 3.25:1.00 December 31, 2003 and thereafter 2.50:1.00

Appears in 8 contracts

Samples: Aircraft Dry Lease (Williams Companies Inc), Credit Agreement (Williams Companies Inc), Credit Agreement (Williams Communications Group Inc)

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Senior Leverage Ratio. The Senior Leverage Ratio during any period set forth below shall not exceed the ratio set forth below opposite such period: PERIOD SENIOR PERIOD LEVERAGE RATIO ------ -------------- --------------------- March 31, 2002-December 30, 2002 5.25:1.00 December 31, 2002-December 30, 2003 3.25:1.00 December 31, 2003 and thereafter 2.50:1.00

Appears in 6 contracts

Samples: Credit Agreement (Williams Companies Inc), Aircraft Dry Lease (Williams Companies Inc), Credit Agreement (Williams Companies Inc)

Senior Leverage Ratio. The A Senior Leverage Ratio during any as of the end of each period set forth below shall in a ratio not exceed greater than the respective ratio set forth below opposite such periodbelow: SENIOR PERIOD LEVERAGE RATIO ------ -------------- Period Senior Leverage Ratio Four Quarters ending December 31, 2006 3.70 to 1.00 Four Quarters ending March 31, 2002-December 2007 3.65 to 1.00 Four Quarters ending June 30, 2002 5.25:1.00 2007 3.60 to 1.00 Four Quarters ending September 30, 2007 3.50 to 1.00 Four Quarters ending December 31, 2002-December 30, 2003 3.25:1.00 December 31, 2003 and thereafter 2.50:1.002007 3.40 to 1.00

Appears in 3 contracts

Samples: Loan and Security Agreement (Rocky Brands, Inc.), Note Purchase Agreement and Waiver (Rocky Brands, Inc.), Loan and Security Agreement (Rocky Brands, Inc.)

Senior Leverage Ratio. The Maintain at all times a Senior Leverage Ratio during any period set forth below shall not exceed greater than the ratio set forth below opposite such periodwith respect to the applicable period set forth below: SENIOR PERIOD LEVERAGE RATIO ------ -------------- March 31, 2002-Periods Ratio Effective Date through December 30, 2002 5.25:1.00 1997 5.75:1.00 December 31, 2002-1997 through December 30, 2003 3.25:1.00 1998 5.50:1.00 December 31, 2003 1998 through December 30, 1999 5.00:1.00 December 31, 1999 through December 30, 2000 4.00:1.00 December 31, 2000 and thereafter 2.50:1.003.25:1.00

Appears in 2 contracts

Samples: Credit Agreement (American Radio Systems Corp /Ma/), Credit Agreement (American Radio Systems Corp /Ma/)

Senior Leverage Ratio. The At all times during the term hereof, the Senior Leverage Ratio during any period set forth below shall not exceed be greater during the following time periods than the ratio set forth below opposite such periodtime periods: SENIOR PERIOD LEVERAGE RATIO ------ -------------- Time Period Maximum Ratio ----------- ------------- From the Closing Date through March 31, 2002-December 301999 3.50 to 1.00 April 1, 2002 5.25:1.00 1999 through December 31, 2002-December 301999 3.00 to 1.00 January 1, 2003 3.25:1.00 2000 through December 31, 2003 2000 2.50 to 1.00 January 1, 2001 and thereafter 2.50:1.002.00 to 1.00

Appears in 2 contracts

Samples: Credit Agreement (General Communication Inc), Credit Agreement (Gci Inc)

Senior Leverage Ratio. The Permit the Senior Leverage Ratio at any --------------------- time during any period set forth below shall not exceed to be more than the ratio set forth below opposite such period: SENIOR PERIOD LEVERAGE RATIO ------ -------------- March 31Period Ratio January 1, 2002-December 1999 through and including 4.00 to 1.00 September 30, 2002 5.25:1.00 1999 October 1, 1999 through and including 3.75 to 1.00 December 31, 2002-December 301999 January 1, 2003 3.25:1.00 2000 through and including 3.50 to 1.00 December 31, 2003 2000 January 1, 2001 and thereafter 2.50:1.002.25 to 1.00

Appears in 2 contracts

Samples: Credit Agreement (Radio One Inc), Credit Agreement (Radio One Inc)

Senior Leverage Ratio. The Senior Leverage Ratio for each day during any period the fiscal periods set forth below shall not exceed the ratio set forth below opposite such periodexceed: SENIOR PERIOD LEVERAGE RATIO ------ -------------- ----- as of March 31, 2002-December 2002 6.00 as of June 30, 2002 5.25:1.00 3.50 as of September 30, 2002 3.50 as of December 31, 2002-December 30, 2003 3.25:1.00 December 2002 3.00 March 31, 2003 and thereafter 2.50:1.002.50

Appears in 1 contract

Samples: Credit Agreement (Viasource Communications Inc)

Senior Leverage Ratio. The Permit the Senior Leverage Ratio at any time during any period set forth below shall not exceed to be more than the ratio set forth below opposite such period: SENIOR PERIOD LEVERAGE RATIO 80 Period Ratio ------ -------------- March 31, 2002-December 30, 2002 5.25:1.00 ----- Effective Date through and including December 31, 2002-December 301998 4.00 to 1.00 January 1, 2003 3.25:1.00 1999 through and including December 31, 2003 1999 3.75 to 1.00 January 1, 2000 through and including December 31, 2000 3.50 to 1.00 January 1, 2001 and thereafter 2.50:1.002.25 to 1.00

Appears in 1 contract

Samples: Credit Agreement (Radio One Inc)

Senior Leverage Ratio. The Senior Leverage Ratio during to at any period set forth below shall not time exceed the ratio set forth below opposite such periodwith respect to the applicable period set forth below: SENIOR PERIOD LEVERAGE RATIO Period Ratio ------ -------------- March 31----- Effective Date through September 29, 2002-1998 3.50:1.00 September 30, 1998 through December 30, 2002 5.25:1.00 December 31, 2002-December 30, 2003 1999 3.25:1.00 December 31, 2003 1999 through December 30, 2000 3.00:1.00 December 31, 2000 and thereafter 2.50:1.00

Appears in 1 contract

Samples: Credit and Guarantee Agreement (SFX Entertainment Inc)

Senior Leverage Ratio. The At all times during the term hereof, the Senior Leverage Ratio during any period set forth below shall not exceed be greater during the following time periods than the ratio set forth below opposite such periodtime periods: SENIOR TIME PERIOD LEVERAGE MAXIMUM RATIO ------ -------------- ----------- ------------- From the Closing Date through March 31, 2002-December 301999 **[3.50 to 1.00 April 1, 2002 5.25:1.00 1999 through December 31, 2002-December 301999 3.00 to 1.00 January 1, 2003 3.25:1.00 2000 through December 31, 2003 2000 2.50 to 1.00 January 1, 2001 and thereafter 2.50:1.002.00 to 1.00]**

Appears in 1 contract

Samples: Credit Agreement (General Communication Inc)

Senior Leverage Ratio. The At all times, the Borrower shall not permit its Senior Leverage Ratio during any period to exceed the ratios set forth below shall not exceed during the ratio set forth below opposite such periodperiods indicated: SENIOR PERIOD LEVERAGE RATIO Period Senior Leverage Ratio ------ -------------- March 31, 2002---------------------- Agreement Date through December 30, 2002 5.25:1.00 4.50:1.00 December 31, 2002-2002 through September 29, 2004 4.25:1.00 September 30, 2004 through December 30, 2003 3.25:1.00 2004 3.75:1.00 December 31, 2003 2004 through June 29, 2006 3.25:1.00 June 30, 2006 and thereafter 2.50:1.003.00:1.00

Appears in 1 contract

Samples: Loan Agreement (Gray Television Inc)

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Senior Leverage Ratio. The At all times, the Borrower shall not permit its Senior Leverage Ratio during any period to exceed the ratios set forth below shall not exceed during the ratio set forth below opposite such periodperiods indicated: SENIOR PERIOD LEVERAGE RATIO Period Senior Leverage Ratio ------ -------------- March 31, 2002---------------------- Agreement Date through December 30, 2002 2006 5.50:1.00 December 31, 2006 through December 30, 2008 5.25:1.00 December 31, 2002-December 30, 2003 3.25:1.00 December 31, 2003 2008 and thereafter 2.50:1.005.00:1.00

Appears in 1 contract

Samples: Loan Agreement (Gray Television Inc)

Senior Leverage Ratio. The (a) Prior to any Acquisition or Investment pursuant to Section 7.6(d)(F) hereof, the Borrower shall not at any time permit the Senior Leverage Ratio during any period to exceed the ratios set forth below shall not exceed during the ratio set forth below opposite such periodperiods indicated: SENIOR PERIOD LEVERAGE RATIO ------ -------------- March 31Period Ratio January 1, 2002-December 1997 through June 29, 1997 5.50:1 June 30, 2002 5.25:1.00 December 311997 through September 29, 2002-December 1997 5.00:1 September 30, 2003 3.25:1.00 December 311997 through June 29, 2003 1998 4.50:1 June 30, 1998 through June 29, 1999 4.00:1 Period Ratio June 30, 1999 and thereafter 2.50:1.003.50:1

Appears in 1 contract

Samples: Loan Agreement (Vanguard Cellular Systems Inc)

Senior Leverage Ratio. The Permit the Senior Leverage Ratio at any time during any a period set forth below shall not exceed to be greater than the ratio set forth below opposite such periodperiod below: SENIOR PERIOD LEVERAGE RATIO ------ -------------- March 31, 2002-December 30Date or Period Ratio January 1, 2002 5.25:1.00 December 31, 2002-December 30, 2003 3.25:1.00 through December 31, 2003 2.50:1.0 January 1, 2004 and thereafter 2.50:1.002.25:1.0

Appears in 1 contract

Samples: Credit Agreement (Anteon International Corp)

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 PERIOD LEVERAGE RATIO ------ -------------- March 31, 2002-2002 - December 30, 2002 5.25:1.00 December 31, 2002-2002 - December 30, 2003 3.25:1.00 December 31, 2003 and thereafter 2.50:1.00

Appears in 1 contract

Samples: Credit Agreement (Williams Companies Inc)

Senior Leverage Ratio. The Senior Leverage Ratio At any time during any period set forth below shall below, the Senior Leverage Ratio will not exceed the ratio set forth below opposite such period: SENIOR PERIOD LEVERAGE RATIO ------ -------------- March 31----- Effective Date - September 29, 2002-December 2000 4.00:1 September 30, 2000 - September 29, 2001 3.50:1 September 30, 2001 - September 29, 2002 3.00:1 On or after September 30, 2002 5.25:1.00 December 31, 2002-December 30, 2003 3.25:1.00 December 31, 2003 and thereafter 2.50:1.002.50:1

Appears in 1 contract

Samples: Execution (SFX Entertainment Inc)

Senior Leverage Ratio. The As of the end of any fiscal --------------------- quarter, the Borrower shall not permit the Senior Leverage Ratio during any period to exceed the ratios set forth below shall not exceed during the ratio set forth below opposite such periodperiods indicated: SENIOR PERIOD LEVERAGE RATIO Period Senior Leverage Ratio ------ -------------- --------------------- March 31, 2002-December 1998 through 4.25:1.0 September 30, 2002 5.25:1.00 1998 October 1, 1998 through 3.75:1.0 December 31, 2002-December 301998 January 1, 2003 3.25:1.00 December 31, 2003 1999 and thereafter 2.50:1.002.50:1.0"

Appears in 1 contract

Samples: Loan Agreement (Metrotrans Corp)

Senior Leverage Ratio. The Permit the Senior Leverage Ratio at any time during any a period set forth below shall not exceed to be greater than the ratio set forth below opposite such periodperiod below: SENIOR PERIOD LEVERAGE RATIO Period Ratio ------ -------------- March 31, 2002-December ----- September 30, 2002 5.25:1.00 1999 through December 31, 2002-December 302000 3.75:1.0 January 1, 2003 3.25:1.00 2001 through December 31, 2003 2001 3.50:1.0 January 1, 2002 and thereafter 2.50:1.003.25:1.0

Appears in 1 contract

Samples: Credit Agreement (Interactive Media Corp)

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