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

Subject to Section 6.08(b), the Company will not permit the Leverage Ratio, determined as of the end of each of its fiscal quarters, to exceed # 3.75 to 1.00 for each fiscal quarter ending prior to (but not including) September 30,

Section # Maximum Leverage Ratio. The Company will not, as of the last day of each fiscal quarter of the Company, permit the Leverage Ratio to be more than 3.50 to 1.00.

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.

Subject to [Section 6.08(b)], the Company will not permit the Leverage Ratio, determined as of the end of each of its fiscal quarters for which (or, if such fiscal quarter is the last fiscal quarter of a fiscal year, for such fiscal year) financial statements have been delivered, or are required to have been delivered, pursuant to

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.