Common use of Debt Ratio Clause in Contracts

Debt Ratio. Permit the Debt Ratio, as determined at the end of each fiscal quarter, to be greater than the ratio set forth opposite the following periods:

Appears in 2 contracts

Sources: Credit Agreement (Johnston Industries Inc), Bank Credit Agreement (Johnston Industries Inc)

Debt Ratio. Permit the Debt Ratio, as determined at the end of each fiscal quarter, to be greater less than the ratio set forth opposite the following periods:

Appears in 1 contract

Sources: Credit Agreement (Johnston Industries Inc)

Debt Ratio. Permit the Debt Ratio, as determined at the end of each fiscal quarter, to be greater than the ratio set forth opposite the following periods:: Period Ratio ------ ----- 10/l/97 - 1/3/98 4.75:1.00 1/4/98 - and all times thereafter 3.00:1.00"

Appears in 1 contract

Sources: Credit Agreement (Johnston Industries Inc)