Maximum Permitted definition

Maximum Permitted. As of the last day of fiscal quarter ended [September 30, 20__]: As of the last day of fiscal quarter ended [December 31, 20__] and the last day of each fiscal quarter thereafter: 3.25 to 1.0 3.0 to 1.0

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Maximum Permitted. 1.001 Consolidated Leverage Ratio for any period is computed as follows:

Maximum Permitted. As of the last day of each period of four consecutive fiscal quarters ending: Maximum Consolidated Leverage Ratio June 30, 2015 4.00:1.00 September 30, 2015 4.00:1.00 December 31, 2015 4.75:1.00 March 31, 2016 5.50:1.00 June 30, 2016 5.75:1.00 September 30, 2016 5.75:1.00 December 31, 2016 5.75:1.00 March 31, 2017 5.25:1.00 June 30, 2017 4.50:1.00 September 30, 2017 4.25:1.00 December 31, 2017 and thereafter 4.00:1.00

Examples of Maximum Permitted in a sentence

In the event that fulfillment of any provision of any Note, or this Agreement or any document, instrument or agreement providing security for any Note results in the rate of interest charged under any Note being in excess of the Maximum Permitted Rate, the obligation to be fulfilled shall automatically be reduced to eliminate such excess.
In no event shall the Maximum Permitted Delegation pursuant to the terms and conditions of the Delegation of Control Agreement and this Agreement be deemed an Event of Withdrawal.
Notwithstanding the preceding sentence, the General Partner shall be responsible for any misconduct or negligence on the part of EEM in performing the Maximum Permitted Delegation.
In the event any provision hereof would result in the rate of interest payable hereunder being in excess of the Maximum Permitted Rate, the amount of interest required to be paid hereunder shall automatically be reduced to eliminate such excess; provided, however, that any subsequent increase in the Maximum Permitted Rate shall be retroactively effective to the applicable Redemption Date to the extent permitted by law.
Maximum Permitted Request Resolution Time: < 12 hours City shall be entitled to a Service Credit of 15% of the Monthly Hosting Fee paid for each failure timely to achieve resolution.

More Definitions of Maximum Permitted

Maximum Permitted. The sum of (x) and (y) set forth below:

Maximum Permitted. Either (x) or (y) set forth below:

Maximum Permitted. For the fiscal quarter of the Domestic Borrower ended September 30, 2015 and each fiscal quarter thereafter Upon the 2015 Incremental Term Draw Date, for each fiscal quarter of the Domestic Borrower ended during the period from the 2015 Incremental Term Draw Date through and including September 30, 2016 2.50 to 1.00 3.00 to 1.00

Maximum Permitted. 1.00 Senior Leverage Ratio is computed as follows:

Maximum Permitted. $_______________. (fill in the Net Cash Proceeds from the Disposition of the Barbary Coast that are used in accordance with the first sentence of Section 5.13 of the Loan Agreement)

Maximum Permitted. 1.00 Total Leverage Ratio is computed as follows:

Maximum Permitted. 1.75:1.00 The Leverage Ratio is calculated as follows: As of the Test Date: