Common use of Closing Date Leverage Ratio Clause in Contracts

Closing Date Leverage Ratio. On the Closing Date, Administrative Agent shall have received a Closing Date Certificate signed by the Company’s chief financial officer, demonstrating in reasonable detail (to the reasonable satisfaction of the Administrative Agent) that the Consolidated Leverage Ratio after giving pro forma effect to the Acquisition is no more than 4.75 to 1.00.

Appears in 2 contracts

Sources: Credit Agreement (FTD Group, Inc.), Credit Agreement (FTD Group, Inc.)