Consolidated Net Leverage Ratio. Permit the Consolidated Net Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than the ratio set forth below opposite such fiscal quarter: September 30, 2013 3.25 to 1.0 December 31, 2013 3.25 to 1.0 March 31, 2014 3.25 to 1.0 June 30, 2014 3.25 to 1.0 September 30, 2014 3.25 to 1.0 December 31, 2014 3.00 to 1.0 March 31, 2015 3.00 to 1.0 June 30, 2015 3.00 to 1.0 September 30, 2015 3.00 to 1.0 December 31, 2015 2.75 to 1.0 March 31, 2016 2.75 to 1.0 June 30, 2016 and each fiscal quarter thereafter 2.50 to 1.0
Appears in 2 contracts
Sources: Credit and Guaranty Agreement (Providence Service Corp), Credit and Guaranty Agreement (Providence Service Corp)
Consolidated Net Leverage Ratio. Permit the Consolidated Net Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than the ratio set forth below opposite such fiscal quarterthan: Fiscal Quarters Ending Maximum Consolidated Net Leverage Ratio March 31, 2011 3.50:1.00 June 30, 2011 3.50:1.00 September 30, 2013 3.25 to 1.0 2011 3.50:1.00 December 31, 2013 3.25 to 1.0 2011 3.50:1.00 March 31, 2014 3.25 to 1.0 2012 3.25:1.00 June 30, 2014 3.25 to 1.0 2012 3.25:1.00 September 30, 2014 3.25 to 1.0 2012 3.25:1.00 December 31, 2014 3.00 to 1.0 2012 3.25:1.00 March 31, 2015 3.00 to 1.0 June 30, 2015 3.00 to 1.0 September 30, 2015 3.00 to 1.0 December 31, 2015 2.75 to 1.0 March 31, 2016 2.75 to 1.0 June 30, 2016 2013 and each fiscal quarter thereafter 2.50 to 1.03.00:1.00
Appears in 2 contracts
Sources: Credit Agreement (Kraton Performance Polymers, Inc.), Credit Agreement (Kraton Polymers LLC)
Consolidated Net Leverage Ratio. Permit the Consolidated Net Leverage Ratio as at any time during any period of the end of any four fiscal quarter quarters of the Borrower to be greater than the ratio set forth below opposite such fiscal quarterperiod: September 30, 2013 3.25 2017 6.00 to 1.0 1.00 December 31, 2013 3.25 2017 5.75 to 1.0 1.00 March 31, 2014 3.25 2018 5.50 to 1.0 1.00 June 30, 2014 3.25 2018 5.25 to 1.0 1.00 September 30, 2014 3.25 2018 5.00 to 1.0 1.00 December 31, 2014 3.00 to 1.0 2018 through and including March 31, 2015 3.00 2019 4.50 to 1.0 1.00 June 30, 2015 3.00 to 1.0 2019 through and including September 30, 2015 3.00 2019 4.25 to 1.0 1.00 December 31, 2015 2.75 2019 4.00 to 1.0 1.00 March 31, 2016 2.75 to 1.0 June 30, 2016 2020 and each fiscal quarter thereafter 2.50 3.50 to 1.01.00
Appears in 1 contract
Sources: Credit Agreement (Helix Energy Solutions Group Inc)
Consolidated Net Leverage Ratio. Permit the Consolidated Net Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than the ratio set forth below opposite such fiscal quarter: March 31, 2011 3.0 to 1.0 June 30, 2011 3.0 to 1.0 September 30, 2011 3.0 to 1.0 December 31, 2011 3.0 to 1.0 March 31, 2012 3.0 to 1.0 June 30, 2012 3.0 to 1.0 September 30, 2012 3.0 to 1.0 December 31, 2012 2.75 to 1.0 March 31, 2013 2.75 to 1.0 June 30, 2013 2.75 to 1.0 September 30, 2013 3.25 2.75 to 1.0 December 31, 2013 3.25 2.75 to 1.0 March 31, 2014 3.25 to 1.0 June 30, 2014 3.25 to 1.0 September 30, 2014 3.25 to 1.0 December 31, 2014 3.00 to 1.0 March 31, 2015 3.00 to 1.0 June 30, 2015 3.00 to 1.0 September 30, 2015 3.00 to 1.0 December 31, 2015 2.75 to 1.0 March 31, 2016 2.75 to 1.0 June 30, 2016 and each fiscal quarter thereafter 2.50 2.5 to 1.0
Appears in 1 contract
Sources: Credit and Guaranty Agreement (Providence Service Corp)
Consolidated Net Leverage Ratio. Permit the Consolidated Net Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than the ratio set forth below opposite such fiscal quarter: March 31, 2015 4.50 to 1.0 June 30, 2015 4.50 to 1.0 September 30, 2013 2015 4.50 to 1.0 December 31, 2015 4.00 to 1.0 March 31, 2016 4.00 to 1.0 June 30, 2016 4.00 to 1.0 September 30, 2016 4.00 to 1.0 December 31, 2016 3.25 to 1.0 March 31, 2017 3.25 to 1.0 June 30, 2017 3.25 to 1.0 September 30, 2017 3.25 to 1.0 December 31, 2013 3.25 to 1.0 March 31, 2014 3.25 to 1.0 June 30, 2014 3.25 to 1.0 September 30, 2014 3.25 to 1.0 December 31, 2014 3.00 to 1.0 March 31, 2015 3.00 to 1.0 June 30, 2015 3.00 to 1.0 September 30, 2015 3.00 to 1.0 December 31, 2015 2.75 to 1.0 March 31, 2016 2.75 to 1.0 June 30, 2016 2017 and each fiscal quarter thereafter 2.50 2.75 to 1.0
Appears in 1 contract
Sources: Credit and Guaranty Agreement (Providence Service Corp)
Consolidated Net Leverage Ratio. Permit the Consolidated Net Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than the ratio set forth below opposite such fiscal quarterthan: Fiscal Quarters Ending Maximum Consolidated Net Leverage Ratio March 31, 2011 3.50:1.00 June 30, 2011 3.50:1.00 September 30, 2011 3.50:1.00 December 31, 2011 3.50:1.00 March 31, 2012 4.00:1.00 June 30, 2012 4.00:1.00 September 30, 2012 4.00:1.00 December 31, 2012 4.00:1.00 March 31, 2013 3.50:1.00 June 30, 2013 3.50:1.00 September 30, 2013 3.25 to 1.0 3.50:1.00 December 31, 2013 3.25 to 1.0 3.50:1.00 March 31, 2014 3.25 to 1.0 3.25:1.00 June 30, 2014 3.25 to 1.0 3.25:1.00 September 30, 2014 3.25 to 1.0 3.25:1.00 December 31, 2014 3.00 to 1.0 3.25:1.00 March 31, 2015 3.00 to 1.0 June 30, 2015 3.00 to 1.0 September 30, 2015 3.00 to 1.0 December 31, 2015 2.75 to 1.0 March 31, 2016 2.75 to 1.0 June 30, 2016 and each fiscal quarter thereafter 2.50 to 1.03.00:1.00
Appears in 1 contract
Sources: Credit Agreement (Kraton Performance Polymers, Inc.)