Common use of Total Indebtedness Ratio Clause in Contracts

Total Indebtedness Ratio. The Borrower will not permit the Total Indebtedness Ratio on any date to be greater than the ratio set forth below opposite the period during which such date falls: Period Ratio From the Fourth Restatement Effective Date through and including June 29, 2010 7.50 to 1.00 From June 30, 2010 through and including December 30, 2012 7.25 to 1.00 From December 31, 2012 and at all times thereafter 7.00 to 1.00.

Appears in 5 contracts

Samples: Fourth Amendment (Sinclair Broadcast Group Inc), Third Amendment (Sinclair Broadcast Group Inc), Second Amendment (Sinclair Broadcast Group Inc)

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Total Indebtedness Ratio. The Borrower will not permit the Total Indebtedness Ratio on as at the last day of any date fiscal quarter to be greater than the ratio set forth below opposite exceed (i) 4.50 to 1 for the period during which such date falls: Period Ratio From from the Fourth Restatement Effective Date through and including June 29Xxxxx 00, 2010 7.50 0000, (xx) 4.25 to 1.00 From June 30, 2010 through and including December 301 for the period following March 31, 2012 7.25 to 1.00 From through December 31, 2012 and (iii) 4.00 to 1 at all times thereafter 7.00 to 1.00any time after December 31, 2012.

Appears in 2 contracts

Samples: Credit Agreement (Sprint Nextel Corp), Credit Agreement (Sprint Nextel Corp)

Total Indebtedness Ratio. The Borrower will not permit the Total Indebtedness Ratio on any date to be greater than the ratio set forth below opposite the period during which such date falls: Period Ratio ------ ----- From the Fourth Restatement Effective Date through and including June 29, 2010 7.50 to 1.00 From June 30, 2010 through and including December 30, 2012 7.25 1998 7.00 to 1.00 1 From December 31, 2012 1998 through December 30, 1999 6.50 to 1 From December 31, 1999 through December 30, 2000 6.25 to 1 From December 31, 2000 through December 30, 2001 6.00 to 1 From December 31, 2001 through December 30, 2002 5.50 to 1 From December 31, 2002 and at all times thereafter 7.00 5.00 to 1.00.1

Appears in 1 contract

Samples: Credit Agreement (Sinclair Broadcast Group Inc)

Total Indebtedness Ratio. The Borrower will not permit the Total Indebtedness Ratio on any date to be greater than the ratio set forth below opposite the period during which such date falls: Period Ratio ------ ----- From the Fourth Restatement Effective Date through and including June 29, 2010 7.50 to 1.00 From June 30, 2010 2002 7.00 to 1 From July 1, 2002 through and including December 30, 2012 7.25 to 1.00 From December 31, 2012 2003 6.50 to 1 From January 1, 2004 through December 31, 2004 5.50 to 1 From January 1, 2005 and at all times thereafter 7.00 5.00 to 1.00.1

Appears in 1 contract

Samples: Credit Agreement (Sinclair Broadcast Group Inc)

Total Indebtedness Ratio. The Borrower will not permit the Total Indebtedness Ratio on any date to be greater than the ratio set forth below opposite the period during which such date falls: Period Ratio From the Fourth Restatement Amendment No. 1 Effective Date through and including June 29, 2010 7.50 to 1.00 From June September 30, 2010 2002 8.50 to 1 From October 1, 2002 through and including December 30, 2012 7.25 to 1.00 From December 31, 2012 2003 6.50 to 1 From January 1, 2004 through December 31, 2004 5.50 to 1 From January 1, 2005 and at all times thereafter 7.00 5.00 to 1.00.1

Appears in 1 contract

Samples: Sinclair Broadcast Group Inc

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Total Indebtedness Ratio. The Borrower will not permit the Total Indebtedness Ratio on any date to be greater than the ratio set forth below opposite the period during which such date falls: Period Ratio From the Fourth Third Restatement Effective Date through and including June 29, 2010 7.50 to 1.00 From June 30, 2010 through and including December 30, 2012 7.25 to 1.00 From December 31, 2012 2007 7.00 to 1 From January 1, 2008 through December 31, 2008 6.75 to 1 From January 1, 2009 and at all times thereafter 7.00 6.50 to 1.00.1

Appears in 1 contract

Samples: Credit Agreement (Sinclair Broadcast Group Inc)

Total Indebtedness Ratio. The Borrower will not permit the Total Indebtedness Ratio on any date to be greater than the ratio set forth below opposite the period during which such date falls: Period Ratio From the Fourth Restatement Effective Date through and including June 29, 2010 7.50 to 1.00 From June 30, 2010 through and including December 30, 2012 7.25 to 1.00 From December 31, 2012 2003 7.00 to 1 From January 1, 2004 through December 31, 2004 6.50 to 1 From January 1, 2005 through December 31, 2005 6.25 to 1 From January 1, 2006 through December 31, 2006 5.50 to 1 From January 1, 2007 and at all times thereafter 7.00 5.25 to 1.00.1

Appears in 1 contract

Samples: Security Agreement (Sinclair Broadcast Group Inc)

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