Common use of Maximum Consolidated Total Leverage Ratio Clause in Contracts

Maximum Consolidated Total Leverage Ratio. Permit the Consolidated Total Leverage Ratio of the Borrower and its Consolidated Subsidiaries at any time during any consecutive four fiscal quarter period to be greater than (i) 4.25 to 1.00 during any such period ending before September 30, 2014, (ii) 4.00 to 1.00 during any such period ending September 30, 2014, December 31, 2014, and March 31, 2015 or (ii) 3.75 to 1.00 during any period thereafter."

Appears in 1 contract

Sources: Credit Agreement (Integra Lifesciences Holdings Corp)

Maximum Consolidated Total Leverage Ratio. Permit the Consolidated Total Leverage Ratio of the Borrower and its Consolidated Subsidiaries at any time during any consecutive four fiscal quarter period to be greater than (i) 4.25 3.75 to 1.00 during any such period ending on or before September 30, 2014, (ii) 4.00 to 1.00 during any such period ending September 30, 2014, December 31, 20142013, and March 31, 2015 or (ii) 3.75 3.50 to 1.00 during any period thereafter."

Appears in 1 contract

Sources: Credit Agreement (Integra Lifesciences Holdings Corp)

Maximum Consolidated Total Leverage Ratio. Permit the Consolidated Total Leverage Ratio of the Borrower and its Consolidated Subsidiaries at any time during any the four consecutive four fiscal quarter period periods set forth below to be greater than (i) 4.25 to 1.00 during any the ratio set forth opposite such period ending before period: Trailing Four Fiscal Maximum Consolidated Total Quarters Ending Leverage Ratio --------------- -------------- September 30, 2014, (ii) 4.00 2007 through 4.5 to 1.00 during any such period ending June 30, 2008 September 30, 2014, December 31, 2014, 2008 and March 31, 2015 or (ii) 3.75 continuing thereafter 4.0 to 1.00 during any period thereafter.1.00"

Appears in 1 contract

Sources: Credit Agreement (Integra Lifesciences Holdings Corp)

Maximum Consolidated Total Leverage Ratio. Permit the at any time a Consolidated Total Leverage Ratio of more than the Borrower amount set forth below during each period set forth below: First through third Quarters of Fiscal Year 2005 3.25:1.00 Fourth Quarter of Fiscal Year 2005 3.00:1.00 Each Quarter of Fiscal Year 2006 and its Consolidated Subsidiaries at any time during any consecutive four fiscal quarter period to be greater than (i) 4.25 to 1.00 during any such period ending before September 30, 2014, (ii) 4.00 to 1.00 during any such period ending September 30, 2014, December 31, 2014, and March 31, 2015 or (ii) 3.75 to 1.00 during any period each Quarter thereafter."” 2.75:1.00

Appears in 1 contract

Sources: Credit Agreement (Ndchealth Corp)

Maximum Consolidated Total Leverage Ratio. Permit the at any time a Consolidated Total Leverage Ratio of more than the Borrower and its Consolidated Subsidiaries at any time amount set forth below during any consecutive four fiscal quarter each period to be greater than (i) 4.25 to 1.00 during any such period ending before September set forth below: November 30, 20142004 3.75:1.00 February 28, (ii) 4.00 to 1.00 during any such period ending September 2005 3.75:1.00 May 31, 2005 3.75:1.00 August 31, 2005 3.50:1.00 November 30, 20142005 3.50:1.00 February 28, December 2006 3.25:1.00 May 31, 2014, and March 31, 2015 or (ii) 3.75 to 1.00 during any period thereafter."2006 3.25:1.00 Each Quarter thereafter 2.75:1.00”

Appears in 1 contract

Sources: Credit Agreement (Ndchealth Corp)

Maximum Consolidated Total Leverage Ratio. Permit the at any time a Consolidated Total Leverage Ratio of more than the Borrower and its Consolidated Subsidiaries at any time amount set forth below during any consecutive four fiscal quarter each period to be greater than (i) 4.25 to 1.00 during any such period ending before September 30set forth below: February 28, 2014, (ii) 4.00 to 1.00 during any such period ending September 30, 2014, December 2004 3.00:1.00 May 31, 2014, and March 2004 3.00:1.00 August 31, 2015 or (ii) 3.75 to 1.00 during any period thereafter."2004 and thereafter 2.75:1.00

Appears in 1 contract

Sources: Credit Agreement (Ndchealth Corp)

Maximum Consolidated Total Leverage Ratio. Permit the Consolidated Total Leverage Ratio of the Borrower and its Consolidated Subsidiaries at any time during any period of four consecutive four fiscal quarter period quarters to be greater than (i) 4.25 4.0 to 1.00 during any such period ending before September 30, 2014, (ii) 4.00 to 1.00 during any such period ending September 30, 2014, December 31, 2014, and March 31, 2015 or (ii) 3.75 to 1.00 during any period thereafter1.0."

Appears in 1 contract

Sources: Credit Agreement (Integra Lifesciences Holdings Corp)