Common use of Senior Secured Net Leverage Ratio Clause in Contracts

Senior Secured Net Leverage Ratio. Permit the Senior Secured Net Leverage Ratio as of the last day of the four consecutive fiscal quarter period of the Designated Company then last ended (in each case taken as one accounting period), beginning with the four fiscal quarter period ending September 30, 2016, to be greater than 3.50 to 1.00.

Appears in 9 contracts

Samples: Credit Agreement (Novelis Inc.), Credit Agreement (Novelis Inc.), Credit Agreement (Novelis Inc.)

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Senior Secured Net Leverage Ratio. Permit the Senior Secured Net Leverage Ratio as of the last day of the four consecutive fiscal quarter period of the Designated Company then last ended (in each case taken as one accounting period), beginning with the four fiscal quarter period ending September 30December 31, 20162018, to be greater than 3.50 to 1.00.

Appears in 3 contracts

Samples: Intercreditor Agreement (Novelis Inc.), Term Credit Agreement (Novelis Inc.), Term Credit Agreement (Novelis Inc.)

Senior Secured Net Leverage Ratio. Permit the Senior Secured Net Leverage Ratio as of the last day of the four consecutive fiscal quarter period of the Designated Company then last ended (in each case taken as one accounting period), beginning with the four fiscal quarter period ending September 30, 2016, to be greater than 3.50 to 1.00.. Section 6.15

Appears in 1 contract

Samples: Credit Agreement (Novelis Inc.)

Senior Secured Net Leverage Ratio. Permit the Senior Secured Net Leverage Ratio as of the last day of the four consecutive fiscal quarter period of the Designated Company then last ended (in each case taken as one accounting period), beginning with the four fiscal quarter period ending September 30December 31, 20162018, to be greater than 3.50 to 1.00.. Section 6.15

Appears in 1 contract

Samples: Term Credit Agreement (Novelis Inc.)

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Senior Secured Net Leverage Ratio. Permit the Senior Secured Net Leverage Ratio as of the last day of the four consecutive fiscal quarter period of the Designated Company 156 1104695.02A-CHISR01A - MSW then last ended (in each case taken as one accounting period), beginning with the four fiscal quarter period ending September 30December 31, 20162018, to be greater than 3.50 to 1.00.

Appears in 1 contract

Samples: Short Term Credit Agreement (Novelis Inc.)

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