Common use of Maximum Total Leverage Ratio Clause in Contracts

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, at the last day of any Test Period during any period set forth in the table below, to exceed the ratio set forth opposite such period in the table below: Test Period Leverage Ratio July 1, 2006 - December 31, 2006 6.50 to 1.0 January 1, 2007 - June 30, 2007 6.75 to 1.0 July 1, 2007 - December 31, 2007 6.50 to 1.0 January 1, 2008 - December 31, 2008 6.25 to 1.0 January 1, 2009 - December 31, 2009 6.00 to 1.0 January 1, 2010 - June 30, 2011 6.00 to 1.0 July 1, 2011 - December 31, 2011 5.75 to 1.0 January 1, 2012 and thereafter 5.50 to 1.0

Appears in 1 contract

Samples: Credit Agreement (Jacobs Entertainment Inc)

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Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, at as of the last day of any Test Period ending during any period set forth in the table below, to exceed the ratio set forth opposite such period in the table below: Test Period Total Leverage Ratio July 1, 2006 - December 31, 2006 6.50 to 1.0 January 1, 2007 - June 30, 2007 6.75 6.15 to 1.0 July 1September 29, 2007 - 6.15 to 1.0 December 3129, 2007 6.50 6.15 to 1.0 January 1March 29, 2008 - December 316.15 to 1.0 June 28, 2008 6.25 6.10 to 1.0 January 1September 27, 2009 - 2008 6.10 to 1.0 December 3127, 2009 2008 6.00 to 1.0 January 1March 28, 2010 - June 30, 2011 6.00 to 1.0 July 1, 2011 - December 31, 2011 2009 5.75 to 1.0 January 1June 28, 2012 and thereafter 2009 5.75 to 1.0 September 27, 2009 5.50 to 1.0 December 27, 2009 5.50 to 1.0 March 28, 2010 5.25 to 1.0 June 28, 2010 5.00 to 1.0 Any Test Period Thereafter 4.75 to 1.0

Appears in 1 contract

Samples: 2 and Waiver (Leiner Health Products Inc)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, at as of the last day of any Test Period during any period set forth in the table below, to exceed the ratio set forth opposite such period Test Period in the table below: Test Period Leverage Ratio July 1September 30, 2006 - 2012 4.00 to 1.00 December 31, 2006 6.50 2012 3.85 to 1.0 January 11.00 March 31, 2007 - 2013 4.20 to 1.00 June 30, 2007 6.75 2013 4.20 to 1.0 July 11.00 September 30, 2007 - 2013 4.15 to 1.00 December 31, 2007 6.50 2013 3.95 to 1.0 January 11.00 March 31, 2008 - 2014 3.70 to 1.00 June 30, 2014 3.50 to 1.00 September 30, 2014 3.40 to 1.00 December 31, 2008 6.25 2014 3.30 to 1.0 January 11.00 March 31, 2009 - 2015 3.10 to 1.00 June 30, 2015 2.95 to 1.00 September 30, 2015 2.80 to 1.00 December 31, 2009 6.00 2015 2.65 to 1.0 January 11.00 March 31, 2010 - 2016 2.55 to 1.00 June 30, 2011 6.00 to 1.0 July 1, 2011 - December 31, 2011 5.75 to 1.0 January 1, 2012 2016 and thereafter 5.50 2.45 to 1.01.00”

Appears in 1 contract

Samples: Credit Agreement (AP Gaming Holdco, Inc.)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, at as of the last day of any Test Period during any period ending on or about the dates set forth in the table below, to exceed the ratio set forth opposite such period Test Period in the table belowsuch table: Test Period Total Leverage Ratio July 1June 30, 2006 - 2012 6.25 to 1.0 September 30, 2012 6.25 to 1.0 December 31, 2006 6.50 2012 6.25 to 1.0 January 1March 31, 2007 - 2013 5.75 to 1.0 June 30, 2007 6.75 2013 5.75 to 1.0 July 1September 30, 2007 - 2013 5.75 to 1.0 December 31, 2007 6.50 2013 5.75 to 1.0 January 1March 31, 2008 - 2014 5.25 to 1.0 June 30, 2014 5.25 to 1.0 September 30, 2014 5.25 to 1.0 December 31, 2008 6.25 2014 5.25 to 1.0 January 1, 2009 - December March 31, 2009 6.00 to 1.0 January 1, 2010 - June 30, 2011 6.00 to 1.0 July 1, 2011 - December 31, 2011 5.75 to 1.0 January 1, 2012 2015 and thereafter 5.50 4.00 to 1.0

Appears in 1 contract

Samples: Credit Agreement (Rovi Corp)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, at as of the last day of any Test Period during any period ending on the date set forth in the table below, to exceed the ratio set forth opposite such period Test Period end date in the table below: Test Period End Date Total Leverage Ratio July 1June 30, 2006 - 2010 5.35 to 1.0 September 30, 2010 5.35 to 1.0 December 31, 2006 6.50 2010 5.35 to 1.0 January 1March 31, 2007 - June 30, 2007 6.75 2011 5.25 to 1.0 July 1, 2007 - December 31, 2007 6.50 to 1.0 January 1, 2008 - December 31, 2008 6.25 to 1.0 January 1, 2009 - December 31, 2009 6.00 to 1.0 January 1, 2010 - June 30, 2011 6.00 5.00 to 1.0 July 1September 30, 2011 - 5.00 to 1.0 December 31, 2011 5.75 4.75 to 1.0 January 1March 31, 2012 and thereafter 5.50 4.75 to 1.0 June 30, 2012 4.50 to 1.0 September 30, 2012 4.25 to 1.0 112 Test Period End Date Total Leverage Ratio December 31, 2012 4.25 to 1.0 March 31, 2013 4.00 to 1.0 June 30, 2013 4.00 to 1.0 September 30, 2013 3.75 to 1.0 December 31, 2013 3.75 to 1.0 March 31, 2014 3.50 to 1.0 June 30, 2014 3.50 to 1.0 September 30, 2014 3.50 to 1.0 December 31, 2014 3.50 to 1.0

Appears in 1 contract

Samples: Credit Agreement (BioScrip, Inc.)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, at the last day of any Test Period during any period set forth in the table below, to exceed the ratio set forth opposite such period in the table below: Test Period Leverage Ratio July 1, 2006 - December 31, 2006 6.50 to 1.0 January 1, 2007 - June 30, 2007 6.75 to 1.0 July 1, 2007 - December 31, 2007 6.50 to 1.0 January 1, 2008 - December 31, 2008 6.25 to 1.0 January 1, 2009 - December 31, 2009 6.00 to 1.0 January 1, 2010 - June 30, 2011 6.00 to 1.0 July 1, 2011 - – December 31, 2011 5.75 2010 5.50 to 1.0 January 1, 2012 2011 and thereafter 5.50 5.00 to 1.0

Appears in 1 contract

Samples: Jacobs Entertainment Inc

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, at as of the last day of any Test Period in effect during any period set forth in the table below, to exceed the ratio set forth opposite such period in the table below: Test Period Leverage Ratio July 1, 2006 2008 - December September 30, 2008 4.50 to 1.0 October 1, 2008 - March 31, 2006 6.50 2009 4.25 to 1.0 January April 1, 2007 2009 - June 30, 2007 6.75 2009 3.75 to 1.0 July 1, 2007 2009 - December 31September 30, 2007 6.50 2009 3.50 to 1.0 January 1, 2008 - December 31, 2008 6.25 to 1.0 January October 1, 2009 - December 31, 2009 6.00 3.25 to 1.0 January 1, 2010 - March 31, 2010 2.75 to 1.0 April 1, 2010 - June 30, 2011 6.00 2010 2.50 to 1.0 July 1, 2011 - December 31, 2011 5.75 to 1.0 January 1, 2012 2010 and thereafter 5.50 2.25 to 1.0

Appears in 1 contract

Samples: Credit Agreement (Macrovision Solutions CORP)

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Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, at as of the last day of any Test Period during any period set forth in the table below, to exceed the ratio set forth opposite such period Test Period in the table below: Test Period Leverage Ratio July 1September 30, 2006 - 2012 4.00 to 1.00 December 31, 2006 6.50 2012 3.85 to 1.0 January 11.00 March 31, 2007 - 2013 3.85 to 1.00 June 30, 2007 6.75 2013 3.75 to 1.0 July 11.00 September 30, 2007 - 2013 3.60 to 1.00 December 31, 2007 6.50 2013 3.25 to 1.0 January 11.00 March 31, 2008 - 2014 3.10 to 1.00 June 30, 2014 2.95 to 1.00 September 30, 2014 2.80 to 1.00 December 31, 2008 6.25 2014 2.45 to 1.0 January 1, 2009 - December 1.00 March 31, 2009 6.00 2015 2.30 to 1.0 January 1, 2010 - 1.00 June 30, 2011 6.00 2015 2.15 to 1.0 July 11.00 September 30, 2011 - December 31, 2011 5.75 to 1.0 January 1, 2012 2015 and thereafter 5.50 2.00 to 1.01.00

Appears in 1 contract

Samples: Credit Agreement (AP Gaming Holdco, Inc.)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, at as of the last day of any Test Period during any period set forth in the table below, to exceed the ratio set forth opposite such period Test Period in the table below: Test Period End Date Total Leverage Ratio July 1, 2006 - December 31, 2006 6.50 to 1.0 January 1, 2007 - June 30, 2007 6.75 to 1.0 July 1, 2007 - December 31, 2007 6.50 to 1.0 January 1, 2008 - December 31, 2008 6.25 to 1.0 January 1, 2009 - December 31, 2009 6.00 to 1.0 January 1, 2010 - June September 30, 2011 6.00 4.00 to 1.0 July 1, 2011 - December 31, 2011 5.75 3.50 to 1.0 January 1March 31, 2012 and thereafter 5.50 3.00 to 1.01.0 June 30, 2012 2.50 to 1.0 September 30, 2012 2.35 to 1.0 December 31, 2012 2.15 to 1.0 March 31, 2013 2.05 to 1.0 June 30, 2013 2.00 to 1.0 September 30, 2013 1.90 to 1.0 December 31, 2013 1.60 to 1.0 March 31, 2014 1.60 to 1.0 June 30, 2014 1.50 to 1.0 September 30, 2014 1.50 to 1.0 100

Appears in 1 contract

Samples: Credit Agreement (PHC Inc /Ma/)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, as at the last day end of any Test Period ending during any period set forth in the table below, to exceed the ratio set forth opposite such period in the table below: Test Period Leverage Ratio July 1Closing Date through September 30, 2006 - December 31, 2006 2007 6.50 to 1.0 January October 1, 2007 - through June 30, 2007 6.75 2008 6.25 to 1.0 July 1, 2007 - December 312008 through September 30, 2007 6.50 2008 6.00 to 1.0 January October 1, 2008 - through December 31, 2008 6.25 5.50 to 1.0 January 1, 2009 - through December 31, 2009 6.00 4.00 to 1.0 January 1, 2010 - June 30through December 31, 2011 6.00 2010 3.25 to 1.0 July January 1, 2011 - through December 31, 2011 5.75 2.25 to 1.0 January 1, 2012 and thereafter 5.50 2.00 to 1.0

Appears in 1 contract

Samples: Credit Agreement (Itron Inc /Wa/)

Maximum Total Leverage Ratio. Permit the Total Leverage Ratio, at as of the last day of any Test Period ending during any period set forth in the table below, to exceed the ratio set forth opposite such period in the table below: Test Period Leverage Ratio July 1, 2006 Closing Date - December March 31, 2006 6.50 2007 4.00 to 1.0 January April 1, 2007 - June 30, 2007 6.75 3.75 to 1.0 July 1, 2007 - December September 30, 2007 3.40 to 1.0 October 1, 2007 - March 31, 2007 6.50 2008 3.00 to 1.0 January April 1, 2008 - December 31September 30, 2008 6.25 2.50 to 1.0 January October 1, 2008 - June 30, 2009 2.00 to 1.0 July 1, 2009 - December 31, 2009 6.00 1.25 to 1.0 January 1, 2010 - June 30, 2011 6.00 to 1.0 July 1, 2011 - December 31, 2011 5.75 to 1.0 January 1, 2012 and thereafter 5.50 1.00 to 1.0

Appears in 1 contract

Samples: Credit Agreement (On Assignment Inc)

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