Examples of Consolidated Leverage Ratio in a sentence
Delivered herewith are (i) detailed calculations demonstrating compliance by the Loan Parties with the financial covenants contained in Section 8.11 of the Credit Agreement as of the end of the fiscal period referred to above and (ii) detailed calculations demonstrating the Consolidated Leverage Ratio as of the end of the fiscal period referred to above to determine the Applicable Rate.
Attached hereto as Annex B are the calculations used to determine the Consolidated Leverage Ratio, the Consolidated Fixed Charge Coverage Ratio and to determine compliance with each financial covenant contained in Article 5 of the Credit Agreement [that are tested on a quarterly basis]11.
Permit the Consolidated Leverage Ratio of Holdings as of the end of any Measurement Period, commencing with the Measurement Period ending December 31, 2021, to be greater than 2.75 to 1.00.
Permit the Consolidated Leverage Ratio on the last day of any Fiscal Quarter of the Borrower (i) ending after the Amendment No. 7 Effective Date and prior to June 30, 2021, to be greater than 4.25 to 1.00 and (ii) ending on or after June 30, 2021 to be greater than 4.00 to 1.00.