Example ContractsClausesend of fiscal years; fiscal quartersVariants
End of Fiscal Years; Fiscal Quarters
End of Fiscal Years; Fiscal Quarters contract clause examples

Section # Financial Covenant. The ​ shall not permit, on the last day of any fiscal quarter beginning with the first full fiscal quarter end date following the Closing Date, the Consolidated Leverage Ratio for the four consecutive fiscal quarters of the ​ ending with such fiscal quarter end date to exceed 3.50:1.00.

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Financial Covenants. The [[Organization A:Organization]] will not permit # the Interest Coverage Ratio as of the last day of any fiscal quarter of the [[Organization A:Organization]] to be less than 4.00:1.00 or # the Leverage Ratio as of the last day of any fiscal quarter of the [[Organization A:Organization]] following the Closing Date to be greater than # 5.75:1.00 from the Closing Date until and including March 31, 2019, and # 5.25:1.00 thereafter.

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SECTION # Financial Covenants. (a) The Borrower will not permit the Total Leverage Ratio on the last day of any fiscal quarter ending after the Second Restatement Effective Date to exceed 4.0 to 1.0

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SECTION # Financial Covenant. The Borrower will not permit the Total Leverage Ratio as of the last day of any Test Period to exceed 4.50 to 1.00.

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Section # Financial Covenants. The Borrower shall not permit the Total Leverage Ratio, as determined on the last day of each fiscal quarter, to be greater than 4.00 to 1.00; provided, that the Borrower may, upon written notice to the Administrative Agent on or prior to the consummation of any Permitted Acquisition for which the Total Consideration exceeds $150,000,000, increase the maximum Total Leverage Ratio to 4.50 to 1.00 for the four fiscal quarters immediately following such Permitted Acquisition (the “Acquisition Holiday”). The foregoing notwithstanding, any temporary increase set forth above shall not be available for the two (2) consecutive fiscal quarters immediately after the end of the Acquisition Holiday.

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Section # Leverage Ratio. Beginning with the Fiscal Quarter ending September 30, 2017, the Borrower will not, as of the last day of any Fiscal Quarter, permit its Leverage Ratio to be greater than 4.0 to 1.0.

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