Senior Secured Net Leverage Ratio. The Borrower shall not, as of the last day of any fiscal quarter, permit the Senior Secured Net Leverage Ratio to exceed 2.25 to 1.0.
Appears in 3 contracts
Samples: Credit Agreement (Cardtronics Inc), Credit Agreement (Cardtronics Inc), Credit Agreement (Cardtronics Inc)
Senior Secured Net Leverage Ratio. The Borrower shall not, as of the last day of any fiscal quarter, not permit the Senior Secured Net Leverage Ratio as of the end of any fiscal quarter of the Borrower to exceed 2.25 be greater than 2.50 to 1.01.00.
Appears in 2 contracts
Samples: Credit Agreement (Dean Foods Co), Receivables Purchase Agreement (Dean Foods Co)
Senior Secured Net Leverage Ratio. The Solely with respect to the Revolving Commitments and the Revolving Exposure, the Borrower shall not, as of the last day of any fiscal quarter, will not permit the Senior Secured Net Leverage Ratio as at the last day of any period of four consecutive fiscal quarters ending with any fiscal quarter set forth below to exceed the ratio set forth below opposite such fiscal quarter: Period Ratio January 1, 2018, through June 30, 2018 2.50 to 1.00 July 1, 2018, through December 31, 2018 2.25 to 1.0.1.00 January 1, 2019, and thereafter 2.00 to 1.00
Appears in 1 contract
Samples: Credit Agreement (Chemours Co)
Senior Secured Net Leverage Ratio. The Borrower shall not, as of the last day of any fiscal quarter, Loan Parties will not permit the Senior Secured Net Leverage Ratio Ratio, determined for the four consecutive fiscal quarter period ending on the last day of each fiscal quarter, to exceed 2.25 be more than 3.00 to 1.01.00.
Appears in 1 contract
Senior Secured Net Leverage Ratio. The Borrower Parent shall not, as of the last day of any fiscal quarter, permit the Senior Secured Net Leverage Ratio to exceed 2.25 to 1.0.
Appears in 1 contract
Samples: Credit Agreement (Cardtronics PLC)
Senior Secured Net Leverage Ratio. The Borrower shall not, as of the last day of any fiscal quarter, will not permit the Senior Secured Net Leverage Ratio on the last day of each Test Period to exceed 2.25 to 1.0be greater than 2.50:1.00.
Appears in 1 contract
Senior Secured Net Leverage Ratio. The Solely with respect to the Revolving Commitments and the Revolving Exposure, the Borrower shall not, as of the last day of any fiscal quarter, will not permit the Senior Secured Net Leverage Ratio as at the last day of any period of four consecutive fiscal quarters ending with any fiscal quarter set forth below to exceed 2.25 2.00 to 1.01.00.
Appears in 1 contract
