Financial Covenant. With respect to the Revolving Facilities only, permit the Net First Lien Leverage Ratio as of the last day of any fiscal quarter, solely to the extent that on such date the Testing Condition is satisfied, to exceed 4.90 to 1.00.
Appears in 7 contracts
Samples: Incremental Assumption and Amendment Agreement (ADT Inc.), Incremental Assumption and Amendment Agreement (ADT Inc.), Incremental Assumption and Amendment Agreement (ADT Inc.)
Financial Covenant. With respect to the Revolving Facilities Facility only, permit the Net First Lien Leverage Ratio as of the last day of any fiscal quarterquarter (beginning with the end of the first full fiscal quarter after the Closing Date), solely to the extent that on such date the Testing Condition is satisfied, to exceed 4.90 7.30 to 1.00.
Appears in 5 contracts
Samples: First Lien Credit Agreement (Hostess Brands, Inc.), First Lien Credit Agreement (Hostess Brands, Inc.), First Lien Credit Agreement (Hostess Brands, Inc.)
Financial Covenant. With respect to the Revolving Facilities Facility only, permit the Net First Lien Leverage Ratio as of the last day of any fiscal quarterquarter (beginning with the end of the first full fiscal quarter ending after the Closing Date), solely to the extent that on such date the Testing Condition is satisfied, to exceed 4.90 6.25 to 1.00.
Appears in 4 contracts
Samples: Credit Agreement (United Parks & Resorts Inc.), Credit Agreement (SeaWorld Entertainment, Inc.), Credit Agreement (SeaWorld Entertainment, Inc.)
Financial Covenant. With respect to the Revolving Facilities Facility only, permit the Net First Lien Leverage Ratio as of the last day of any fiscal quarterquarter (beginning with the end of the first full fiscal quarter ending after the Closing Date), solely to the extent that on such date the Testing Condition is satisfied, to exceed 4.90 3.50 to 1.00.
Appears in 3 contracts
Samples: Incremental Assumption and Amendment Agreement (Rackspace Technology, Inc.), Incremental Assumption Agreement (Rackspace Technology, Inc.), First Lien Credit Agreement (Rackspace Technology, Inc.)
Financial Covenant. With respect to the Revolving Facilities only, permit the Net First Lien Leverage Ratio as of the last day of any fiscal quarterquarter (beginning with the end of the first fiscal quarter after the Closing Date), solely to the extent that on such date the Testing Condition is satisfied, to exceed 4.90 3.30 to 1.00.
Appears in 3 contracts
Samples: Incremental Assumption and Amendment Agreement (ADT Inc.), Credit Agreement (ADT Inc.), Intercreditor Agreement (ADT, Inc.)
Financial Covenant. With respect to the Revolving Facilities Facility only, permit the Net First Lien Leverage Ratio as of the last day of any fiscal quarterquarter (beginning with the end of the first full fiscal quarter ending after the 2020 Effective Date), solely to the extent that on such date the Testing Condition is satisfied, to exceed 4.90 5.00 to 1.00.
Appears in 2 contracts
Samples: Incremental Assumption and Amendment Agreement (Rackspace Technology, Inc.), Incremental Assumption Agreement (Rackspace Technology, Inc.)
Financial Covenant. With respect to the Revolving Facilities Facility only, permit the Net First Lien Leverage Ratio as of the last day of any fiscal quarterquarter (beginning with the end of the first full fiscal quarter after the Closing Date), solely to the extent that on such date the Testing Condition is satisfied, to exceed 4.90 4.60 to 1.00.
Appears in 2 contracts
Samples: Joinder Agreement (Presidio, Inc.), Credit Agreement (Presidio, Inc.)
Financial Covenant. With respect to the Revolving Facilities Credit Facility only, permit the Net First Lien Secured Leverage Ratio as of the last day of any fiscal quarterquarter (beginning with the fiscal quarter ended September 30, 2018), solely to the extent that on such date the Testing Condition is satisfied, to exceed 4.90 6.25 to 1.00.
Appears in 1 contract
Financial Covenant. With respect to the Revolving Facilities Facility only, permit the Net First Lien Leverage Ratio as of the last day of any fiscal quarterquarter (beginning with the end of the first full fiscal quarter after the Closing Date), solely to the extent that on such date the Testing Condition is satisfied, to exceed 4.90 5.25 to 1.00.
Appears in 1 contract
Financial Covenant. With respect to the Revolving Facilities Facility only, permit the Net First Lien Leverage Ratio as of the last day of any fiscal quarterquarter (beginning with the end of the first full fiscal quarter ending after the Closing Date), solely to the extent that on such date the Testing Condition is satisfied, to exceed 4.90 6.70 to 1.00.
Appears in 1 contract
Samples: Incremental Assumption and Amendment Agreement (PlayAGS, Inc.)
Financial Covenant. With respect to the Revolving Facilities Facility only, permit the Net First Lien Leverage Ratio as of the last day of any fiscal quarterquarter (beginning with the end of the first full fiscal quarter after the Closing Date), solely to the extent that on such date the Testing Condition is satisfied, to exceed 4.90 6.25 to 1.00.
Appears in 1 contract
Samples: Intercreditor Agreement (Hospitality Distribution Inc)
Financial Covenant. With respect to the Revolving Facilities only, permit the Net First Lien Leverage Ratio as of the last day of any fiscal quarter, solely to the extent that on such date the Testing Condition is satisfied, to exceed 4.90 4.60 to 1.00.
Appears in 1 contract
Samples: Agreement (ADT Inc.)
Financial Covenant. With respect to the Revolving Facilities Facility only, permit if the Net First Lien Leverage Ratio Testing Condition is satisfied as of the last day of any fiscal quarter, solely to permit the extent that on such date the Testing Condition is satisfied, Net First Lien Leverage Ratio to exceed 4.90 5.00 to 1.00.. ARTICLE VIА
Appears in 1 contract
Samples: First Lien Credit Agreement (Zurn Water Solutions Corp)
Financial Covenant. With respect to the Revolving Facilities Facility only, permit if the Net First Lien Leverage Ratio Testing Condition is satisfied as of the last day of any fiscal quarter, solely to permit the extent that on such date the Testing Condition is satisfied, Net First Lien Leverage Ratio to exceed 4.90 5.00 to 1.00.
Appears in 1 contract
Samples: First Lien Credit Agreement (Zurn Water Solutions Corp)
Financial Covenant. With respect to the Revolving Facilities Facility only, permit the Net First Lien Leverage Ratio as of the last day of any fiscal quarterquarter (beginning with the end of the first full fiscal quarter ending after the Closing2020 Effective Date), solely to the extent that on such date the Testing Condition is satisfied, to exceed 4.90 3.505.00 to 1.00.
Appears in 1 contract
Samples: Incremental Assumption Agreement (Rackspace Technology, Inc.)
Financial Covenant. With respect to the Revolving Facilities Facility only, permit the Net First Lien Leverage Ratio as of the last day of any fiscal quarterquarter (beginning with the end of the first full fiscal quarter ending after the Closing Date), solely to the extent that on such date the Testing Condition is satisfied, to exceed 4.90 5.25 to 1.00.
Appears in 1 contract
