Examples of Net Total Leverage Ratio in a sentence
Sub-contracting or assignment of any of the work required under this Agreement is expressly prohibited without the prior written consent of the City.
For any fiscal quarter ending on or after the IPO Closing Date, permit the Consolidated Net Total Leverage Ratio as of the end of any such fiscal quarter, (x) if a Qualified Offering has not been consummated, to be greater than 4.50 to 1.00 and (y) if a Qualified Offering has been consummated, to be greater than 5.00 to 1.00.
The Loan Parties shall not permit the Net Total Leverage Ratio to exceed 4.00 to 1.00 as ofthe last day of each fiscal quarter for the Test Period then ended.
I have read and agree with the above PAYMENT SCHEDULE and TERMS and with Monmouth Academy of Ballet’s POLICIES & PRACTICES, CALENDAR and CLASS SCHEDULE posted on its website.
Net Total Leverage Ratio - a Net Total Leverage Ratio of not greater than (i) 3.50 to 1.00 as of the end of each fiscal quarter occurring during fiscal year 2004 and the first and second fiscal quarters occurring during the fiscal year 2005, (ii) 3.25 to 1.00 as of the end of the third and fourth fiscal quarters occurring during fiscal year 2005 and the first and second fiscal quarters occurring during the fiscal year 2006, and (iv) 3.00 to 1.00 as of the end of each fiscal quarter occurring thereafter.