Consolidated Secured Net Leverage Ratio. Holdings shall not permit the Consolidated Secured Net Leverage Ratio on the last day of any Fiscal Quarter during any period set forth below to be greater than the ratio set forth opposite such period below: October 1, 2008 through March 31, ▇▇▇▇ ▇.▇▇▇ April 1, 2009 through September 30, ▇▇▇▇ ▇.▇▇▇ October 1, 2009 through March 31, ▇▇▇▇ ▇.▇▇▇ April 1, 2010 through September 30, ▇▇▇▇ ▇.▇▇▇ October 1, 2010 through March 31, ▇▇▇▇ ▇.▇▇▇ Thereafter 2.75x
Appears in 2 contracts
Sources: Credit Agreement (Music123, Inc.), Credit Agreement (Music123, Inc.)
Consolidated Secured Net Leverage Ratio. Holdings shall not permit the Consolidated Secured Net Leverage Ratio on the last day of any Fiscal Quarter during any period set forth below to be greater than the ratio set forth opposite such period below: October 1, 2008 through March 31, ▇▇▇▇ ▇.▇▇▇ April 1, 2009 through September 30, ▇▇▇▇ ▇.▇▇▇ October 1, 2009 through March 31, ▇▇▇▇ ▇.▇▇▇ April 1, 2010 through September June 30, ▇▇▇▇ ▇.▇▇▇ October July 1, 2010 2014 through March 31June 30, ▇▇▇▇ ▇.▇▇▇ Thereafter 2.75x3.00x
Appears in 2 contracts
Sources: Credit Agreement (Music123, Inc.), Credit Agreement (Music123, Inc.)