Common use of Maximum Net Leverage Ratio Clause in Contracts

Maximum Net Leverage Ratio. The Borrower shall not permit the Net Leverage Ratio, calculated as of the end of each fiscal quarter, to be greater than 4.00:1.00.

Appears in 3 contracts

Sources: Credit Agreement (CNX Resources Corp), Credit Agreement (CNX Resources Corp), Revolving Credit Facility (CNX Resources Corp)

Maximum Net Leverage Ratio. The Borrower shall not permit the Net Leverage Ratio, calculated as of the end of each fiscal quarter, to be greater than 4.00:1.003.50:1.00.

Appears in 3 contracts

Sources: Revolving Credit Facility (CNX Resources Corp), Credit Agreement (CNX Resources Corp), Revolving Credit Facility (CNX Resources Corp)

Maximum Net Leverage Ratio. The Borrower shall will not permit the Net Leverage Ratiopermit, calculated as of the end last day of each fiscal quarter, the Net Leverage Ratio to be greater than 4.00:1.00exceed 3.75 to 1.00.

Appears in 2 contracts

Sources: Credit Agreement (Northern Oil & Gas, Inc.), Credit Agreement

Maximum Net Leverage Ratio. The Borrower shall will not permit the Net Leverage Ratiopermit, calculated as of the end last day of each fiscal quarter, beginning with the fiscal quarter ending December 31, 2019, the Net Leverage Ratio to be greater than 4.00:1.00exceed 3.50 to 1.00.

Appears in 2 contracts

Sources: Credit Agreement (Northern Oil & Gas, Inc.), Credit Agreement (Northern Oil & Gas, Inc.)

Maximum Net Leverage Ratio. The Borrower shall will not permit the Net Leverage Ratiopermit, calculated as of the end last day of each fiscal quarter, beginning with the fiscal quarter ending March 31, 2022, the Net Leverage Ratio to be greater than 4.00:1.00exceed 3.50 to 1.00.

Appears in 1 contract

Sources: Credit Agreement (Northern Oil & Gas, Inc.)

Maximum Net Leverage Ratio. The Borrower shall will not permit the Net Leverage Ratiopermit, calculated as of the end last day of each fiscal quarter, beginning with the fiscal quarter ending September 30, 2025, the Net Leverage Ratio to be greater than 4.00:1.00exceed 3.50 to 1.00.

Appears in 1 contract

Sources: Credit Agreement (Northern Oil & Gas, Inc.)

Maximum Net Leverage Ratio. The Borrower shall will not permit the Net Leverage Ratio, calculated determined as of the end of each of its fiscal quarterquarters ending on or after the Effective Date, to be greater than 4.00:1.00or equal to 3.00 to 1.00 for any such fiscal quarter.

Appears in 1 contract

Sources: Credit Agreement (Quality Systems, Inc)