Total Leverage. A Total Leverage Ratio as of the end of each period set forth below in a ratio not greater than the respective ratio set forth below: Period Total Leverage Ratio Four Quarters ending December 31, 2006 4.25 to 1.00 Four Quarters ending March 31, 2007 4.25 to 1.00 Four Quarters ending June 30, 2007 4.20 to 1.00 Four Quarters ending September 30, 2007 4.10 to 1.00 Four Quarters ending December 31, 2007 4.00 to 1.00 (d) Section 5.3(C) of the Loan Agreement is hereby amended and restated solely to the extent of the accounting periods commencing with the Four Quarters ending December 31, 2006 through and including the Four Quarters ending December 31, 2007 as follows:
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Sources: Loan and Security Agreement (Rocky Brands, Inc.), Loan and Security Agreement (Rocky Brands, Inc.)
Total Leverage. A Total Leverage Ratio as of the end of each period set forth below in a ratio not greater than the respective ratio set forth below: Period Total Leverage Ratio Four Quarters ending December 31, 2006 4.25 to 1.00 Four Quarters ending March 31, 2007 4.25 to 1.00 Four Quarters ending June 30, 2007 4.20 to 1.00 Four Quarters ending September 30, 2007 4.10 to 1.00 Four Quarters ending December 31, 2007 4.00 to 1.00
1.00 (d) Section 5.3(C7.3(c) of the Loan Note Purchase Agreement is hereby amended and restated solely to the extent of the accounting periods commencing with the Four Quarters ending December 31, 2006 through and including the Four Quarters ending December 31, 2007 as follows:
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