Common use of Senior Leverage Ratio Clause in Contracts

Senior Leverage Ratio. Commencing with the Fiscal Quarter ending September 30, 2020, the Borrowers shall not, as of the last day of each Fiscal Quarter, permit the Senior Leverage Ratio to be greater than 1.00 to 1.00.

Appears in 3 contracts

Samples: Credit Agreement (Fortegra Group, LLC), Credit Agreement (Fortegra Group, LLC), Credit Agreement (Tiptree Inc.)

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Senior Leverage Ratio. Commencing with the Fiscal Quarter ending September 30, 2020, the Borrowers shall not, as of the last day of each Fiscal Quarter, The Borrower will not permit the Senior Leverage Ratio to be greater than 1.00 2.25 to 1.00, determined on the last day of each fiscal quarterly period for the four fiscal quarters ending on such date.

Appears in 3 contracts

Samples: Credit Agreement (Heartland Payment Systems Inc), Credit Agreement (Heartland Payment Systems Inc), Assignment and Assumption (Heartland Payment Systems Inc)

Senior Leverage Ratio. Commencing with the Fiscal Quarter ending September 30, 2020, the Borrowers shall not, as of the last day of each Fiscal Quarter, The Borrower will not permit the Senior Leverage Ratio to be greater than exceed (a) 1.75 to 1.00 on any date after the Borrower has delivered audited financial statements for the fiscal year ending December 31, 2005, on which the Leverage Ratio exceeds 2.00 to 1.001.00 or (b) 2.00 to 1.00 on any other date.

Appears in 2 contracts

Samples: Credit Agreement (Symbol Technologies Inc), Credit Agreement (Symbol Technologies Inc)

Senior Leverage Ratio. Commencing with the Fiscal Quarter ending September 30, 2020, the Borrowers shall not, as As of the last day of each Fiscal Quarterany fiscal quarter of the Borrower, permit the Senior Leverage Ratio to be greater than 1.00 2.0 to 1.001.0.

Appears in 2 contracts

Samples: Credit Agreement (Eresearchtechnology Inc /De/), Credit Agreement (Eresearchtechnology Inc /De/)

Senior Leverage Ratio. Commencing with The Borrowers will not permit the Fiscal Quarter ending September 30, 2020, the Borrowers shall notSenior Leverage Ratio, as of the last day of each Fiscal Quarterany fiscal quarter, permit the Senior Leverage Ratio to be greater more than 1.00 3.50 to 1.00.

Appears in 2 contracts

Samples: Joinder Agreement (Dolan Media CO), Credit Agreement (Dolan Media CO)

Senior Leverage Ratio. Commencing with The Borrowers will not permit the Fiscal Quarter ending September 30, 2020, the Borrowers shall notSenior Leverage Ratio, as of the last day of each Fiscal Quarterany fiscal quarter, permit the Senior Leverage Ratio to be greater more than 1.00 4.50 to 1.00.

Appears in 2 contracts

Samples: Credit Agreement (Dolan Media CO), Credit Agreement (Dolan Media CO)

Senior Leverage Ratio. Commencing with the Fiscal Quarter ending September 30December 31, 20202022, the Borrowers shall not, as of the last day of each Fiscal Quarter, permit the Senior Leverage Ratio to be greater than 1.00 to 1.00.

Appears in 2 contracts

Samples: Credit Agreement (Fortegra Group, Inc), Credit Agreement (Tiptree Inc.)

Senior Leverage Ratio. Commencing with the Fiscal Quarter ending September 30, 2020, the The Borrowers shall not, not permit the Senior Leverage Ratio as of the last day of each any Fiscal Quarter, permit the Senior Leverage Ratio Quarter to be greater than 1.00 2.25 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Curative Health Services Inc)

Senior Leverage Ratio. Commencing with the Fiscal Quarter ending September 30, 2020, the Borrowers shall not, as As of the last day of each Fiscal Quarterany fiscal quarter, during any period set forth below, the Borrower will not permit the Senior Leverage Ratio for the four fiscal quarters immediately ending prior to the date of determination to be greater than 1.00 to 1.002.75:1.00.

Appears in 1 contract

Samples: Credit Agreement (Lecroy Corp)

Senior Leverage Ratio. Commencing with the Fiscal Quarter ending September 30, 2020, the Borrowers The Borrower shall not, as of the last day of each Fiscal Quarterany fiscal quarter, permit the Senior Leverage Ratio to be greater than 1.00 exceed 2.25 to 1.001.0.

Appears in 1 contract

Samples: Credit Agreement (Cardtronics Inc)

Senior Leverage Ratio. Commencing with the Fiscal Quarter ending September 30, 2020, the Borrowers The Borrower shall not, as of the last day of each Fiscal Quarter, not at any time permit the Senior Leverage Ratio Ratio, calculated as of the end of each fiscal quarter, to be greater than 1.00 exceed 3.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Triumph Group Inc)

Senior Leverage Ratio. Commencing with the Fiscal Quarter ending September 30, 2020, the Borrowers The Borrower shall not, as of the last day of each Fiscal Quarter, not permit the Senior Leverage Ratio ending at the end of any month to be greater than 1.00 exceed 2.75 to 1.00. Senior Leverage Ratio shall be calculated in the manner set forth in Exhibit 4.2(b).

Appears in 1 contract

Samples: Credit Agreement (Life Time Fitness Inc)

Senior Leverage Ratio. Commencing with the Fiscal Quarter fiscal quarter ending September 30December 31, 20202021, the Borrowers Borrower and its Subsidiaries shall not, as of the last day of each Fiscal Quarterfiscal quarter of the Borrower ending during the periods specified below, permit the Senior Leverage Ratio to be greater than 1.00 to 1.002.00:1.00.

Appears in 1 contract

Samples: Credit Agreement (Limbach Holdings, Inc.)

Senior Leverage Ratio. Commencing with the Fiscal Quarter ending September 30, 2020, the Borrowers The Borrower shall not, as of the last day of each Fiscal Quarterany fiscal quarter of the Borrower, permit the Senior Leverage Ratio to be greater than 1.00 to 1.003.25.

Appears in 1 contract

Samples: Credit Agreement (Granite City Food & Brewery LTD)

Senior Leverage Ratio. Commencing with Borrower shall not permit the Fiscal Quarter ending September 30, 2020, the Borrowers shall notSenior Leverage Ratio, as of the last day of each Fiscal Quarterany fiscal quarter of the Companies during the following periods, permit the Senior Leverage Ratio to be greater than the ratio set forth opposite such period below: Quarters ending Ratio During fiscal year 2013 3.50 to 1.00 During fiscal year 2014 3.25 to 1.00 March 31, 2015 and thereafter 3.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Red Lion Hotels CORP)

Senior Leverage Ratio. Commencing with Borrower shall not permit the Fiscal Quarter ending September 30, 2020, the Borrowers shall notSenior Leverage Ratio, as of the last day of each Fiscal Quarterany fiscal quarter of the Companies, permit commencing with the Senior Leverage Ratio fiscal quarter ending December 31, 2010, to be greater than 1.00 4.25 to 1.001.0.

Appears in 1 contract

Samples: Credit Agreement (Red Lion Hotels CORP)

Senior Leverage Ratio. Commencing with the Fiscal Quarter fiscal quarter ending September 30March 31, 20202023, the Borrowers Borrower and its Subsidiaries shall not, as of the last day of each Fiscal Quarterfiscal quarter of the Borrower ending during the periods specified below, permit the Senior Leverage Ratio to be greater than 1.00 to 1.002.00:1.00.

Appears in 1 contract

Samples: Credit Agreement (Limbach Holdings, Inc.)

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Senior Leverage Ratio. Commencing with The Company will not permit the Fiscal Quarter ending September 30, 2020, the Borrowers shall not, Senior Leverage Ratio as of the last day of each Fiscal Quarterany fiscal quarter, permit commencing with the Senior Leverage Ratio fiscal quarter ending September 30, 2000, to be greater than 1.00 2.75 to 1.001.0.

Appears in 1 contract

Samples: Credit Agreement (Lason Inc)

Senior Leverage Ratio. Commencing with the Fiscal Quarter ending September 30, 2020, the Borrowers shall not, as of the last day of each Fiscal Quarter, The Borrower will not permit the Senior Leverage Ratio to be greater than 2.25 to 1.00 to 1.00as of the end of any fiscal quarter of the Borrower, commencing with the fiscal quarter ending December 31, 2009.

Appears in 1 contract

Samples: Assignment and Assumption (Heartland Payment Systems Inc)

Senior Leverage Ratio. Commencing with The Borrower will not permit the Fiscal Quarter ending September 30, 2020, the Borrowers shall not, Senior Leverage Ratio as of the last day of each Fiscal Quarter, permit the Senior Leverage Ratio any fiscal quarter to be greater than 1.00 exceed 2.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Cephalon Inc)

Senior Leverage Ratio. Commencing with the Fiscal Quarter ending September 30, 2020, the Borrowers The Borrower shall not, as of the last day of each Fiscal Quarter, not permit the Senior Leverage Ratio at the end of any fiscal quarter ending on or after June 30, 2011 to be greater than 1.00 2.50 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Pioneer Drilling Co)

Senior Leverage Ratio. Commencing with The Borrowers will not permit the Senior Leverage Ratio, determined for any period of four consecutive Fiscal Quarter Quarters ending September 30, 2020, the Borrowers shall not, as of on the last day of each Fiscal Quarter, permit the Senior Leverage Ratio to be greater than 1.00 to 1.004.00:1.00 for the periods (i) from Amendment No. 1 Effective Date until and including March 27, 2011 and (ii) from September 24, 2012 and thereafter.”;

Appears in 1 contract

Samples: Credit Agreement (Pilgrims Pride Corp)

Senior Leverage Ratio. Commencing with the Fiscal Quarter ending September 30The Borrower will not permit its Senior Leverage Ratio, 2020, the Borrowers shall not, determined as of the last day end of each Fiscal Quarterof its fiscal quarters, permit to exceed 2.50 to 1.00 starting with the Senior Leverage Ratio fiscal quarter ending February 28, 2006 through the last fiscal quarter of Borrower’s fiscal year 2006, 2.25 to be greater than 1.00 from the first fiscal quarter of Borrower’s fiscal year 2007 through the third quarter of Borrower’s fiscal year 2007, and 2.00 to 1.001.00 thereafter.

Appears in 1 contract

Samples: Credit Agreement (Matrix Service Co)

Senior Leverage Ratio. Commencing with The Borrower will not permit the Fiscal Quarter ending September 30, 2020, the Borrowers shall not, Senior Leverage Ratio as of the last day of each Fiscal Quarter, permit the Senior Leverage Ratio any fiscal quarter to be greater than 1.00 (a) 3.5 to 1.001.0; and (b) 3.0 to 1.0 if at the end of such fiscal quarter Subordinated Indebtedness is outstanding.

Appears in 1 contract

Samples: Credit Agreement (Lason Inc)

Senior Leverage Ratio. Commencing with The Borrower shall not permit the Fiscal Quarter ending September 30, 2020, the Borrowers shall not, Senior Leverage Ratio as of the last day of each Fiscal Quarter, permit the Senior Leverage Ratio any fiscal quarter to be greater than 1.00 to 1.00exceed 2.15:1.00.

Appears in 1 contract

Samples: Credit Agreement (Monitronics International Inc)

Senior Leverage Ratio. Commencing with the Fiscal Quarter ending September 30, 2020, the Borrowers shall not, as As of the last day end of each Fiscal Quarter--------------------- Quarter through the last Saturday of September, 1999, Borrower shall not permit the its Senior Leverage Ratio to be greater than exceed 2.75 to 1.00 and as of the end of each Fiscal Quarter thereafter, Borrower shall not permit its Senior Leverage Ratio to exceed 2.50 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Renaissance Worldwide Inc)

Senior Leverage Ratio. Commencing with the Fiscal Quarter ending September 30, 2020, the Borrowers shall not, as of the last day of each Fiscal Quarter, The Borrower will not permit the Senior Leverage Ratio at the last day of any Test Period to be greater than 1.00 to 1.00exceed 2.50:1.00.

Appears in 1 contract

Samples: Credit Agreement (Seminis Inc)

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