Common use of Maximum Secured Leverage Ratio Clause in Contracts

Maximum Secured Leverage Ratio. The Borrower shall not permit the Secured Leverage Ratio, calculated as of the end of each fiscal quarter to be greater than 3.25 to 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 Secured Leverage Ratio. The After the occurrence of the Permitted Unsecured Notes Triggering Event, the Borrower shall not permit the Secured Leverage Ratio, calculated as of the end of each fiscal quarter to be greater than 3.25 3.50 to 1.00.

Appears in 2 contracts

Sources: Credit Agreement (CNX Midstream Partners LP), Revolving Credit Facility (CNX Midstream Partners LP)

Maximum Secured Leverage Ratio. The Borrower shall will not permit the Total Secured Leverage Ratio, calculated as of the end of each fiscal quarter Ratio to be greater than 3.25 .50 to 1.001.0.

Appears in 1 contract

Sources: Senior Unsecured Credit Agreement (Strategic Hotels & Resorts, Inc)