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 Leverage Ratio. The Consolidated Leverage Ratio at any time may not exceed 0.75 to 1.00; and
Maximum Consolidated Leverage Ratio. Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 3.0 to 1.0.
Maximum Consolidated Leverage Ratio. As of the last day of any fiscal quarter, the Consolidated Leverage Ratio to exceed sixty percent (60%); provided that, if any Material Acquisition shall occur and the Consolidated Leverage Ratio shall have been less than sixty percent (60%) for at least one full fiscal quarter immediately preceding the proposed Consolidated Leverage Ratio Covenant Holiday, then, at the election of the Borrower upon delivery of prior written notice to the Administrative Agent, concurrently with or prior to the delivery of a Compliance Certificate pursuant to Section 7.02(a), and provided that no Default or Event of Default shall have occurred and be continuing, the maximum Consolidated Leverage Ratio covenant level shall be increased to sixty-five (65%) for the fiscal quarter in which such Material Acquisition is consummated and the three (3) fiscal quarters immediately following the fiscal quarter in which such Material Acquisition is consummated (any such increase a “Consolidated Leverage Ratio Covenant Holiday”); provided further that not more than two (2) Consolidated Leverage Ratio Covenant Holidays may be elected by the Borrower during the term of this Agreement;
Maximum Consolidated Leverage Ratio. Beginning with the fiscal quarter ending on March 31, 2012, the Borrower will not permit the Consolidated Leverage Ratio, as of the last day of any Reference Period ending during any period (inclusive of the beginning and ending dates of each such period) in the table below, to exceed the ratio set forth opposite such period in the table below: Reference Period Consolidated Leverage Ratio Effective Date - December 31, 2013 4.00 to 1.0 January 1, 2014 - December 31, 2014 3.75 to 1.0 January 1, 2015 and thereafter 3.50 to 1.0
Maximum Consolidated Leverage Ratio. As of the last day of any fiscal quarter, the Consolidated Leverage Ratio to exceed sixty percent (60%);
Maximum Consolidated Leverage Ratio. Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter set forth below and for the period of four fiscal quarters then ending of Holdings and its Subsidiaries to be greater than the ratio set forth below opposite such time period: Four Fiscal Quarter Ending: Maximum Consolidated Leverage Ratio 30 June 2010 5.00:1.00
Maximum Consolidated Leverage Ratio. The Consolidated Leverage Ratio shall not exceed sixty percent (60%); provided, however, that for up to two consecutive fiscal quarters following a Material Acquisition, the Consolidated Leverage Ratio may increase to, but may not exceed, sixty-five percent (65%).
Maximum Consolidated Leverage Ratio. Permit Consolidated Total Indebtedness at any time to exceed 60% of Total Asset Value; provided, that such maximum ratio may exceed 60% during, or as of the end of, any fiscal quarter in which a Material Acquisition occurs and the consecutive two fiscal quarters immediately thereafter, but in no event shall such ratio exceed 65% at any time or exceed 60% for more than three consecutive fiscal quarters in any consecutive four fiscal quarter period.
Maximum Consolidated Leverage Ratio. The Borrower shall not have, during any Fiscal Quarter set forth below, a Consolidated Leverage Ratio greater than the maximum ratio set forth opposite the applicable Fiscal Quarter: Fiscal Quarter Ending Maximum Consolidated Leverage Ratio March 31, 2007 17.0 to 1 June 30, 2007 17.0 to 1 September 30, 2007 9.5 to 1 December 31, 2007 9.5 to 1 March 31, 2008 4.5 to 1 June 30, 2008 4.5 to 1 September 30, 2008 3.5 to 1 December 31, 2008 3.5 to 1 March 31, 2009 3.0 to 1 June 30, 2009 3.0 to 1 September 30, 2009 3.0 to 1 December 31, 2009 3.0 to 1 CONFIDENTIAL TREATMENT REQUESTED BY ACCESS INTEGRATED TECHNOLOGIES, INC. OF CERTAIN PORTIONS OF THIS AGREEMENT IN ACCORDANCE WITH RULE 24B-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934. Fiscal Quarter Ending Maximum Consolidated Leverage Ratio March 31, 2010 2.5 to 1 June 30, 2010 2.5 to 1 September 30, 2010 2.5 to 1 December 31, 2010 2.5 to 1 March 31, 2011 1.75 to 1 June 30, 2011 1.75 to 1 September 30, 2011 1.75 to 1 December 31, 2011 1.75 to 1 March 31, 2012 0.75 to 1 June 30, 2012 0.75 to 1 September 30, 2012 0.75 to 1 December 31, 2012 0.75 to 1
