Maintenance of Total Debt Ratio Sample Clauses

Maintenance of Total Debt Ratio. Permit the Total Debt Ratio at any time to be greater than 4.00 to 1.”
Sample 1
AutoNDA by SimpleDocs
Maintenance of Total Debt Ratio. Maintain, during each Financial Quarter in each Financial Year for the four Financial Quarters then ended, a Total Debt Ratio (calculated in accordance with Section 8.03(2)) of not more than (i) for the Financial Quarters ending during the period from the Closing Date to June 30, 2006, 4.50:1; (ii) for the Financial Quarters ending during the period from July 1, 2006 to March 31, 2007, 4.00:1; (iii) for the Financial Quarters ending during the period from April 1, 2007 to December 31, 2007, 3.50:1; and (iv) for the Financial Quarters ending during the period from January 1, 2008 to the Relevant Repayment Date, 3.00:1. In the event the Borrower consummates a Permitted Acquisition that involves the incurrence of CA-70 additional Debt as permitted hereunder, the foregoing ratios shall be increased by 0.75x for a period not exceeding six months following the closing of such Permitted Acquisition.
Sample 1
Maintenance of Total Debt Ratio. Permit the Total Debt Ratio at any time during any period set forth below to be greater than the ratio set forth opposite such period below: Period Ratio ------ ----- Closing Date - 12/30/97 5.25:1 12/31/97 - 12/30/98 4.75:1 12/31/98 - Thereafter 4.00:1
Sample 1
Maintenance of Total Debt Ratio. Permit the Total Debt Ratio at any time to be greater than 4.00:1.
Sample 1

Related to Maintenance of Total Debt Ratio

  • Maximum Consolidated Leverage Ratio As of the last day of each Fiscal Quarter of the Borrower (commencing with the Fiscal Quarter ending March 31, 2018), the Borrower shall not permit the Consolidated Leverage Ratio to be greater than 0.60 to 1.00.

  • Maximum Consolidated Total Leverage Ratio The Borrower will cause the Consolidated Total Leverage Ratio to be less than (a) 4.00 to 1.00 at all times during the period from the Effective Date to and including December 30, 2009, (b) 3.75 to 1.00 at all times during the period from December 31, 2009 to and including December 30, 2010 and (c) less than 3.50 to 1.00 at all times thereafter.

  • Consolidated Leverage Ratio Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 2.50 to 1.0.

  • Consolidated Total Leverage Ratio Permit the Consolidated Total Leverage Ratio as of the last day of any fiscal quarter ending on or after September 30, 2008 to be greater than 3.5 to 1.0.

  • Consolidated Total Net Leverage Ratio Permit the Consolidated Total Net Leverage Ratio on the last day of any fiscal quarter occurring during any period set forth below, to be greater than the ratio set forth below opposite such period: Period Maximum Consolidated Total Net Leverage Ratio Closing Date through and including September 30, 2014 7.25:1.00 December 31, 2014 through and including September 30, 2015 6.75:1.00 December 31, 2015 and thereafter 6.50:1.00

  • Total Debt Ratio The Loan Parties will not at any time permit the Total Debt Ratio to exceed 4.0 to 1.0. 10.17

  • Adjusted Leverage Ratio The Borrower shall not permit the Adjusted Leverage Ratio as at the end of any Fiscal Quarter to be greater than the following for the respective periods set forth below: Period Adjusted Leverage Ratio Closing Date to and including March 27, 2004 3.75:1.00 March 28, 2004 to and including June 26, 2004 4.75:1.00 June 27, 2004 to and including July 2, 2005 5.60:1:00 July 3, 2005 and any time thereafter 5.25:1.00

  • Funded Debt Ratio Maintain its Funded Debt Ratio at not greater than (a) 3.75 to 1.00 at each fiscal quarter ending through and including December 31, 2003, (b) 3.50 to 1.00 as of March 31, 2004 and June 30, 2004, (c) 3.00 to 1.00 as of September 30, 2004, (b) 2.50 to 1.00 as of December 31, 2004 and at each fiscal quarter ending thereafter through and including September 30, 2005, and (c) 2.00 to 1.00 as of December 31, 2005 and as of each fiscal quarter ending thereafter.

  • Consolidated Debt Service Coverage Ratio Permit the Consolidated Debt Service Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 1.25:1.00.

  • Debt Ratio Permit the Debt Ratio at the last day of any fiscal quarter to be greater than the ratio set forth below opposite the fiscal quarter during which such fiscal quarter occurs: Fiscal Quarter Ending Ratio --------------------- ----- December 31, 1999 4.75 March 31, 2000 4.75 June 30, 2000 4.75 September 30, 2000 4.50 December 31, 2000 4.50 March 31, 2001 4.50 June 30, 2001 4.50 September 30, 2001 3.75 December 31, 2001 3.75 March 31, 2002 3.75 June 30, 2002 3.75 September 30, 2002 3.25 and thereafter

Time is Money Join Law Insider Premium to draft better contracts faster.