Common use of Leverage Test Clause in Contracts

Leverage Test. The Leverage Ratio shall not exceed the then applicable Permitted Leverage Ratio (the “Leverage Test”).

Appears in 2 contracts

Sources: Credit Agreement (MDC Holdings Inc), Credit Agreement (MDC Holdings Inc)

Leverage Test. The Leverage Ratio shall not exceed the then applicable Permitted Leverage Ratio (the "Leverage Test").

Appears in 2 contracts

Sources: Credit Agreement (MDC Holdings Inc), Credit Agreement (MDC Holdings Inc)