Total Leverage Ratio. Permit the Total Leverage Ratio as of the last day of any Test Period (beginning with the Test Period ending on June 30, 2006) to be greater than the ratio set forth below opposite the last day of such Test Period: Fiscal Year March 31 June 30 September 30 December 31 2006 N/A 8.75:1 8.75:1 8.75:1 2007 8.25:1 8.25:1 8.25:1 8.25:1 2008 7.75:1 7.75:1 7.75:1 7.75:1 2009 7.25:1 7.25:1 7.25:1 7.25:1 2010 6.75:1 6.75:1 6.75:1 6.75:1 2011 6.75:1 6.75:1 6.75:1 6.75:1 2012 6.75:1 6.75:1 6.75:1 6.75:1 2013 6.75:1 6.75:1 6.75:1 6.75:1 2014 6.75:1 6.75:1 6.75:1 6.75:1 2015 6.75:1 6.75:1 6.75:1 6.75:1
Appears in 3 contracts
Samples: Credit Agreement (CRC Health CORP), Credit Agreement (CRC Health CORP), Credit Agreement (CRC Health CORP)
Total Leverage Ratio. Permit the Total Leverage Ratio as of the last day of any Test Period (beginning with the Test Period ending on June 30, 2006) to be greater than the ratio set forth below opposite the last day of such Test Period: Fiscal Year March 31 June 30 September 30 December 31 2006 N/A 8.75:1 8.75:1 8.75:1 2007 8.25:1 8.25:1 8.25:1 8.25:1 2008 7.75:1 7.75:1 7.75:1 7.75:1 2009 7.25:1 7.25:1 7.25:1 7.25:1 2010 6.75:1 6.75:1 6.75:1 6.75:1 2011 6.75:1 6.75:1 6.75:1 6.75:1 6.25:1 6.25:1 6.25:1 6.25:1 2012 6.75:1 6.75:1 6.75:1 6.75:1 6.25:1 6.25:1 6.25:1 6.25:1 2013 6.75:1 6.75:1 6.75:1 6.75:1 2014 6.75:1 6.75:1 6.75:1 6.75:1 2015 6.75:1 6.75:1 6.75:1 6.75:16.25:1
Appears in 2 contracts
Samples: Credit Agreement (Transcultural Health Develpment, Inc.), Credit Agreement (CRC Health CORP)
Total Leverage Ratio. Permit the Total Leverage Ratio as of the last day of any Test Period (beginning with the Test Period ending on June 30, 20062007) to be greater than the ratio set forth below opposite the last day of such Test Period: Fiscal Year March 31 June 30 September 30 December 31 2006 N/A 8.75:1 8.75:1 8.75:1 Q1 Q2 Q3 Q4 2007 8.25:1 8.25:1 8.25:1 8.25:1 2008 — 7.75:1 7.75:1 7.75:1 7.75:1 2008 7.50:1 7.50:1 7.25:1 7.00:1 2009 7.25:1 7.25:1 7.25:1 7.25:1 7.00:1 6.75:1 6.50:1 6.25:1 2010 6.75:1 6.75:1 6.75:1 6.75:1 6.25:1 6.00:1 5.75:1 5.50:1 2011 6.75:1 6.75:1 6.75:1 6.75:1 5.50:1 5.25:1 5.00:1 4.75:1 2012 6.75:1 6.75:1 6.75:1 6.75:1 4.75:1 4.50:1 4.25:1 4.00:1 2013 6.75:1 6.75:1 6.75:1 6.75:1 2014 6.75:1 6.75:1 6.75:1 6.75:1 2015 6.75:1 6.75:1 6.75:1 6.75:14.00:1 3.75:1 3.75:1 3.75:1
Appears in 2 contracts
Samples: Credit Agreement (West Corp), Credit Agreement (West Corp)
Total Leverage Ratio. Permit the Total Leverage Ratio as of the last day of any Test Period (beginning with the Test Period ending on June 30, 20062012) to be greater than the ratio set forth below opposite the last day of such Test PeriodPeriod and for each Test Period thereafter 6.005.50:1: Fiscal Year March 31 June 30 September 30 December 31 2006 N/A 8.75:1 8.75:1 8.75:1 2007 8.25:1 8.25:1 8.25:1 8.25:1 2008 7.75:1 7.75:1 7.75:1 7.75:1 2009 7.25:1 7.25:1 7.25:1 7.25:1 2010 6.75:1 6.75:1 6.75:1 6.75:1 2011 6.75:1 6.75:1 6.75:1 6.75:1 Q1 Q2 Q3 Q4 2012 6.75:1 — 6.75:1 6.75:1 6.75:1 2013 6.75:1 6.75:1 6.75:1 6.75:1 6.50:1 2014 6.75:1 6.75:1 6.75:1 6.75:1 6.50:1 6.50:1 6.50:1 6.25:1 2015 6.75:1 6.75:1 6.75:1 6.75:16.25:1 6.25:1 6.25:1 6.00:1 2016 6.00:1 6.00:1 6.00:1 5.75:1 2017 5.75:1 5.75:1 5.75:1 5.50:1 2018 5.50:1 5.50:1 5.50:1 5.50:1 2019 5.50:1 5.50:1 5.50:1 —
Appears in 1 contract
Samples: Credit Agreement (West Corp)
Total Leverage Ratio. Permit the Total Leverage Ratio as of the last day of any Test Period (beginning with the Test Period ending on June 30March 31, 2006) to be greater than the ratio set forth below opposite the last day of such Test Period: Fiscal Year March 31 June 30 September 30 December 31 2006 N/A 8.75:1 8.75:1 8.75:1 2007 8.25:1 8.25:1 8.25:1 8.25:1 2008 7.75:1 2007 7.75:1 7.75:1 7.75:1 7.75:1 2009 7.25:1 2008 7.25:1 7.25:1 7.25:1 7.25:1 2010 6.75:1 2009 6.75:1 6.75:1 6.75:1 6.75:1 6.25:1 2010 6.25:1 6.25:1 6.25:1 6.25:1 2011 6.75:1 6.75:1 6.75:1 6.75:1 6.25:1 6.25:1 6.25:1 5.75:1 2012 6.75:1 6.75:1 6.75:1 6.75:1 5.75:1 5.75:1 5.75:1 5.25:1 142 Fiscal Year March 31 June 30 September 30 December 31 2013 6.75:1 6.75:1 6.75:1 6.75:1 5.25:1 5.25:1 5.25:1 4.75:1 2014 6.75:1 6.75:1 6.75:1 6.75:1 4.75:1 4.75:1 4.75:1 4.75:1 2015 6.75:1 6.75:1 6.75:1 6.75:14.75:1 4.75:1 4.75:1 4.75:1 2016 4.75:1 4.75:1 — —
Appears in 1 contract
Total Leverage Ratio. Permit the Total Leverage Ratio as of the last day of any Test Period (beginning with the Test Period ending on June 30March 31, 2006) to be greater than the ratio set forth below opposite the last day of such Test Period: 130 Fiscal Year March 31 June 30 September 30 December 31 2006 N/A 8.75:1 8.75:1 8.75:1 2007 8.25:1 8.25:1 8.25:1 8.25:1 2008 7.75:1 2007 7.75:1 7.75:1 7.75:1 7.75:1 2009 7.25:1 2008 7.25:1 7.25:1 7.25:1 7.25:1 2010 6.75:1 2009 6.75:1 6.75:1 6.75:1 6.75:1 6.25:1 2010 6.25:1 6.25:1 6.25:1 5.50:1 2011 6.75:1 6.75:1 6.75:1 6.75:1 5.50:1 5.50:1 5.50:1 5.00:1 2012 6.75:1 6.75:1 6.75:1 6.75:1 5.00:1 5.00:1 5.00:1 4.50:1 2013 6.75:1 6.75:1 6.75:1 6.75:1 4.50:1 4.50:1 4.50:1 4.00:1 2014 6.75:1 6.75:1 6.75:1 6.75:1 2015 6.75:1 6.75:1 6.75:1 6.75:14.00:1 4.00:1 — —
Appears in 1 contract
Total Leverage Ratio. Permit the Total Leverage Ratio as of the last day of any Test Period (beginning with the Test Period ending on June 30, 20062012) to be greater than the ratio set forth below opposite the last day of such Test PeriodPeriod and for each Test Period thereafter 5.50:1: Fiscal Year March 31 June 30 September 30 December 31 2006 N/A 8.75:1 8.75:1 8.75:1 2007 8.25:1 8.25:1 8.25:1 8.25:1 2008 7.75:1 7.75:1 7.75:1 7.75:1 2009 7.25:1 7.25:1 7.25:1 7.25:1 2010 6.75:1 6.75:1 6.75:1 6.75:1 2011 6.75:1 6.75:1 6.75:1 6.75:1 Q1 Q2 Q3 Q4 2012 6.75:1 — 6.75:1 6.75:1 6.75:1 2013 6.75:1 6.75:1 6.75:1 6.75:1 6.50:1 2014 6.75:1 6.75:1 6.75:1 6.75:1 6.50:1 6.50:1 6.50:1 6.25:1 2015 6.75:1 6.75:1 6.75:1 6.75:16.25:1 6.25:1 6.25:1 6.00:1 2016 6.00:1 6.00:1 6.00:1 5.75:1 2017 5.75:1 5.75:1 5.75:1 5.50:1 2018 5.50:1 5.50:1 5.50:1 5.50:1 2019 5.50:1 5.50:1 5.50:1 5.50:1 2020 5.50:1 5.50:1 5.50:1 5.50:1 2021 5.50:1 5.50:1 5.50:1 5.50:1
Appears in 1 contract
Samples: Credit Agreement (West Corp)
Total Leverage Ratio. Permit the Total Leverage Ratio as of the last day of any Test Period (beginning with the Test Period ending on June 30December 31, 2006) to be greater than the ratio set forth below opposite the last day of such Test Period: Fiscal Period (it being understood, for the avoidance of doubt, that the covenant in this Section 6.10(a) shall not apply during the Financial Covenant Holiday): Year March 31 June 30 September 30 December 31 2006 N/A 8.75:1 8.75:1 8.75:1 — — — 8.25:1 2007 8.25:1 8.25:1 8.25:1 8.25:1 2008 8.00:1 8.00:1 7.75:1 7.75:1 7.75:1 7.75:1 2009 2008 7.25:1 7.25:1 7.25:1 7.25:1 2010 7.00:1 7.00:1 2009 6.75:1 6.75:1 6.75:1 6.75:1 6.25:1 6.25:1 2010 5.75:1 5.75:1 5.25:1 4.50:1 2011 6.75:1 6.75:1 6.75:1 6.75:1 4.50:1 4.50:1 4.25:1 4.25:1 2012 6.75:1 6.75:1 6.75:1 6.75:1 4.00:1 4.00:1 3.50:1 3.50:1 2013 6.75:1 6.75:1 6.75:1 6.75:1 3.50:1 3.50:1 3.50:1 3.50:1 2014 6.75:1 6.75:1 6.75:1 6.75:1 3.50:1 — — — 2015 6.75:1 6.75:1 6.75:1 6.75:1— — 3.50:1 3.50:1 2016 3.50:1 3.50:1 — —
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Education Management Corporation)
Total Leverage Ratio. Permit the Total Leverage Ratio as of the last day of any Test Period (beginning with the Test Period ending on June 30December 31, 2006) to be greater than the ratio set forth below opposite the last day of such Test Period: Fiscal Year March 31 June 30 September 30 December 31 2006 N/A 8.75:1 8.75:1 8.75:1 — — — 8.25:1 2007 8.25:1 8.25:1 8.25:1 8.25:1 2008 8.00:1 8.00:1 7.75:1 7.75:1 7.75:1 7.75:1 2009 2008 7.25:1 7.25:1 7.25:1 7.25:1 2010 7.00:1 7.00:1 2009 6.75:1 6.75:1 6.75:1 6.75:1 6.25:1 6.25:1 2010 5.75:1 5.75:1 5.25:1 5.25:1 2011 6.75:1 6.75:1 6.75:1 6.75:1 4.75:1 4.75:1 4.25:1 4.25:1 2012 6.75:1 6.75:1 6.75:1 6.75:1 4.00:1 4.00:1 3.50:1 3.50:1 2013 6.75:1 6.75:1 6.75:1 6.75:1 2014 6.75:1 6.75:1 6.75:1 6.75:1 2015 6.75:1 6.75:1 6.75:1 6.75:13.50:1 3.50:1 — —
Appears in 1 contract
Samples: Credit and Guaranty Agreement (AID Restaurant, Inc.)
Total Leverage Ratio. Permit the Total Leverage Ratio as of the last day of any Test Period (beginning with the Test Period ending on June 30March 31, 20062006 but excluding any Test Period ending during the Pre-IPO Period) to be greater than the ratio set forth below opposite the last day of such Test Period: Fiscal Year March 31 June 30 September 30 December 31 2006 N/A 8.75:1 8.75:1 8.75:1 2007 8.25:1 8.25:1 8.25:1 8.25:1 2008 7.75:1 2007 7.75:1 7.75:1 7.75:1 7.75:1 2009 7.25:1 2008 7.25:1 7.25:1 7.25:1 7.25:1 2010 6.75:1 2009 6.75:1 6.75:1 6.75:1 6.75:1 6.25:1 2010 6.25:1 6.25:1 6.25:1 6.25:1 2011 6.75:1 6.75:1 6.75:1 6.75:1 6.25:1 6.25:1 6.25:1 5.75:1 2012 6.75:1 6.75:1 6.75:1 6.75:1 5.75:1 5.75:1 5.75:1 5.25:1 2013 6.75:1 6.75:1 6.75:1 6.75:1 5.25:1 5.25:1 5.25:1 4.75:1 2014 6.75:1 6.75:1 6.75:1 6.75:1 4.75:1 4.75:1 4.75:1 4.75:1 2015 6.75:1 6.75:1 6.75:1 6.75:14.75:1 4.75:1 4.75:1 4.75:1 2016 4.75:1 4.75:1 4.75:1 4.75:1 2017 4.75:1 — — —
Appears in 1 contract
Total Leverage Ratio. Permit the Total Leverage Ratio as of the last day of any Test Period (beginning with the Test Period ending on June 30, 2006) to be greater than the ratio set forth below opposite the last day of such Test Period: Fiscal Year March 31 June 30 September 30 December 31 2006 N/A 8.75:1 8.75:1 8.75:1 2007 8.25:1 8.25:1 8.25:1 8.25:1 2008 7.75:1 7.75:1 7.75:1 7.75:1 2009 7.25:1 7.25:1 7.25:1 7.25:1 2010 6.75:1 6.75:1 6.75:1 6.75:1 2011 6.75:1 6.75:1 6.75:1 6.75:1 -155- Fiscal Year March 31 June 30 September 30 December 31 2012 6.75:1 6.75:1 6.75:1 6.75:1 2013 6.75:1 6.75:1 6.75:1 6.75:1 2014 6.75:1 6.75:1 6.75:1 6.75:1 2015 6.75:1 6.75:1 6.75:1 6.75:1
Appears in 1 contract
Samples: Credit Agreement (CRC Health CORP)
Total Leverage Ratio. Permit the Total Leverage Ratio as of the last day of any Test Period (beginning with the Test Period ending on June 30March 31, 2006) to be greater than the ratio set forth below opposite the last day of such Test Period: Fiscal Year March 31 June 30 September 30 December 31 2006 N/A 8.75:1 8.75:1 8.75:1 2007 8.25:1 8.25:1 8.25:1 8.25:1 2008 7.75:1 7.75:1 7.75:1 7.75:1 2009 7.25:1 7.25:1 7.25:1 7.25:1 2010 6.75:1 6.75:1 6.75:1 6.75:1 2011 2007 6.75:1 6.75:1 6.75:1 6.75:1 6.50:1 2008 6.50:1 6.50:1 6.50:1 6.25:1 2009 6.25:1 6.25:1 6.25:1 6.00:1 2010 6.00:1 6.00:1 6.00:1 5.50:1 2011 5.50:1 5.50:1 5.50:1 5.00:1 2012 6.75:1 6.75:1 6.75:1 6.75:1 2013 6.75:1 6.75:1 6.75:1 6.75:1 2014 6.75:1 6.75:1 6.75:1 6.75:1 2015 6.75:1 6.75:1 6.75:1 6.75:15.00:1 5.00:1 5.00:1 —
Appears in 1 contract
Samples: Credit Agreement (Erie Shores Emergency Physicians, Inc.)
Total Leverage Ratio. Permit the Total Leverage Ratio as of the last day of any Test Period (beginning with the Test Period ending on June September 30, 2006) to be greater than the ratio set forth below opposite the last day of such Test Period: Fiscal Year March 31 June 30 September 30 December 31 2006 N/A — — 11.25:1 11.25:1 2007 11.25:1 11.25:1 11.25:1 11.00:1 2008 10.75:1 10.75:1 10.75:1 10.50:1 2009 10.25:1 10.25:1 10.00:1 9.50:1 2010 9.50:1 9.25:1 9.00:1 8.75:1 8.75:1 8.75:1 2007 -119- Fiscal Year March 31 June 30 September 30 December 31 2011 8.50:1 8.25:1 8.25:1 8.25:1 8.25:1 2008 8.00:1 7.75:1 7.75:1 7.75:1 7.75:1 2009 7.25:1 7.25:1 7.25:1 7.25:1 2010 6.75:1 6.75:1 6.75:1 6.75:1 2011 6.75:1 6.75:1 6.75:1 6.75:1 2012 6.75:1 6.75:1 6.75:1 7.50:1 7.50:1 7.00:1 6.75:1 2013 6.75:1 6.75:1 6.75:1 6.75:1 2014 6.75:1 6.75:1 6.75:1 6.75:1 2015 6.75:1 6.75:1 6.75:1 6.75:1
Appears in 1 contract
Total Leverage Ratio. Permit the Total Leverage Ratio as of the last day of any Test Period (beginning with the Test Period ending on June 30, 20062007) to be greater than the ratio set forth below opposite the last day of such Test Period: Fiscal Year March 31 June 30 September 30 December 31 2006 N/A 8.75:1 8.75:1 8.75:1 First Quarter End Second Quarter End Third Quarter End Fourth Quarter End 2007 8.25:1 8.25:1 8.25:1 8.25:1 — 8.00:1 8.00:1 8.00:1 2008 7.75:1 7.75:1 7.75:1 7.75:1 8.00:1 7.50:1 7.50:1 7.25:1 2009 7.25:1 7.25:1 7.25:1 7.25:1 6.50:1 6.50:1 6.50:1 2010 6.75:1 6.75:1 6.75:1 6.75:1 6.50:1 5.50:1 5.50:1 5.50:1 2011 6.75:1 6.75:1 6.75:1 6.75:1 5.50:1 4.75:1 4.75:1 4.75:1 2012 6.75:1 6.75:1 6.75:1 6.75:1 4.75:1 4.75:1 4.75:1 4.75:1 2013 6.75:1 6.75:1 6.75:1 6.75:1 2014 6.75:1 6.75:1 6.75:1 6.75:1 2015 6.75:1 6.75:1 6.75:1 6.75:14.75:1 4.75:1 4.75:1 4.75:1
Appears in 1 contract
Total Leverage Ratio. Permit the Total Leverage Ratio as of the last day of any Test Period (beginning with the Test Period ending on June 30, 20062012) to be greater than the ratio set forth below opposite the last day of such Test PeriodPeriod and for each Test Period thereafter 5.50:1: Fiscal Year March 31 June 30 September 30 December 31 2006 N/A 8.75:1 8.75:1 8.75:1 2007 8.25:1 8.25:1 8.25:1 8.25:1 2008 7.75:1 7.75:1 7.75:1 7.75:1 2009 7.25:1 7.25:1 7.25:1 7.25:1 2010 6.75:1 6.75:1 6.75:1 6.75:1 2011 6.75:1 6.75:1 6.75:1 6.75:1 Q1 Q2 Q3 Q4 2012 6.75:1 — 6.75:1 6.75:1 6.75:1 2013 6.75:1 6.75:1 6.75:1 6.75:1 6.50:1 2014 6.75:1 6.75:1 6.75:1 6.75:1 2015 6.75:1 6.75:1 6.75:1 6.75:16.50:1 6.25:1 6.50:1 6.25:1 6.50:1 6.25:1 6.25:1 6.00:1 2016 6.00:1 6.00:1 6.00:1 5.75:1 2017 5.75:1 5.75:1 5.75:1 5.50:1 2018 5.50:1 5.50:1 5.50:1 5.50:1 2019 5.50:1 5.50:1 5.50:1 -5.50:1 2020 5.50:1 5.50:1 5.50:1 5.50:1 2021 5.50:1 5.50:1 5.50:1 5.50:1
Appears in 1 contract
Samples: Credit Agreement (West Corp)
