Closing Date Leverage Ratio. The Company shall provide the Agent with evidence satisfactory to the Agent that the Leverage Ratio on the Closing Date (after giving effect to all amounts to be borrowed on the Closing Date) is not greater than 5.75:1.00.
Appears in 2 contracts
Sources: Revolving Credit and Term Loan Agreement (Holmes Group Inc), Revolving Credit and Term Loan Agreement (Holmes Products Corp)