Example ContractsClausesLeverage Ratio
Leverage Ratio
Leverage Ratio contract clause examples

Leverage Ratio. The Loan Parties shall not permit the Leverage Ratio as of the last day of any Computation Period (commencing with the Computation Period ending on or about June 30, 2020) to exceed 2.25 to 1.0.

Leverage Ratio. Maintain a ratio of # Consolidated Total Debt as of the last day of such Test Period; provided, that, solely with respect to any calculation of Consolidated Total

Leverage Ratio. The Parent will not permit the ratio, determined as of the end of each of its fiscal quarters, for the then most-recently ended four fiscal quarters of # Consolidated Net Indebtedness to # Consolidated EBITDA (the “Leverage Ratio”), to be greater than the ratio set forth below opposite such period:

Leverage Ratio. The Company will not permit the ratio, calculated as of the last day of each fiscal quarter, of # Funded Debt as of such date to # EBITDA for the period of four consecutive fiscal quarters of the Company ended as of such date, to be greater than 2.75 to 1.00; provided, that, notwithstanding the provisions of [Section 22.3(c)], the ratio calculated pursuant to this [Section 10.1(b)] shall be calculated including or excluding, as the case may be, the effect of any assets or businesses that have been acquired or Transferred by the Company or any of its Subsidiaries pursuant to the terms hereof (including through mergers or consolidations) and giving effect to such permitted acquisition or Transfer, as the case may be, as if it had occurred on the first day of such four fiscal quarter period.

Leverage Ratio. The Parent will not permit the ratio, determined as of the end of each fiscal quarter of the Parent, for the then most-recently ended four fiscal quarters of # Consolidated Net Indebtedness to # Consolidated EBITDA (the “Leverage Ratio”) to be greater than the ratio set forth opposite such period:

Leverage Ratio. The Borrowers shall not suffer or permit, as of the end of each fiscal quarter of the Borrowers, the Leverage Ratio to exceed 3.50 to 1.00.

Leverage Ratio. The Borrower shall not permit the Leverage Ratio to exceed 4.5 to 1.0 as at the last day of each month.

The Borrower must ensure that its Leverage Ratio at all times is not greater than 0.6 times.

Leverage Ratio. The Borrower will not permit the Leverage Ratio, on the last day of any fiscal quarter of the Borrower during the term of this Agreement, to be greater than 2.50 to 1.00.

Leverage Ratio. [Section 6.5(b)] of the Credit Agreement is hereby amended and restated as follows:

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