Maximum Senior Leverage Ratio Clause Samples

Maximum Senior Leverage Ratio. Permit the Senior Leverage Ratio, determined as of the last day of any fiscal quarter of Borrower (measured on a rolling four quarter basis for the trailing four fiscal quarters), to be greater than the ratio set forth below for such period: March 31, 2007 through and including December 31, 2008 3.50 to 1.00 March 31, 2009 and each fiscal quarter thereafter 2.75 to 1.00

Maximum Senior Leverage Ratio. The Borrower shall not permit the ratio (the “Senior Leverage Ratio”) of (i) the sum of the aggregate outstanding principal amount of all Term Loans and Revolving Credit Obligations to (ii) EBITDAE to be greater than: (i) 2.75 to 1.00 as of the end of each fiscal quarter for the period commencing with the fiscal quarter ending December 20, 2002 through the fiscal quarter ending September 30, 2003;

Maximum Senior Leverage Ratio. Permit the Senior Leverage Ratio on the last day of any fiscal quarter during any period set forth below to be greater than the ratio set forth opposite such date or period below: PERIOD RATIO ------ ----- September 30, 2001 2.50:1.0 December 31, 2001 2.00:1.0 March 31, 2002 through June 30, 2002 2.50:1.0 September 30, 2002 2.00:1.0 December 31, 2002 1.50:1.0 March 31, 2003 through June 30, 2003 2.00:1.0 PERIOD RATIO ------ ----- September 30, 2003 1.50:1.0 December 31, 2003 and thereafter 1.25:1.0

Maximum Senior Leverage Ratio. Have a Senior Leverage Ratio, measured on a fiscal quarter-end basis, of not greater than the correlative ratio indicated in the following table:

Maximum Senior Leverage Ratio. Permit the Senior Leverage Ratio at any time during a period set forth below to be greater than the ratio set forth opposite such period below: Period Ratio ------ ----- September [ ], 2003 to September 30, 2004 1.75 to 1.0 October 1, 2004 to September 30, 2005 1.50 to 1.0 October 1, 2005 and thereafter 1.25 to 1.0

Maximum Senior Leverage Ratio. Permit the ratio (the “Consolidated Senior Leverage Ratio”) of the Consolidated Funded Indebtedness of the Company and its Subsidiaries at December 28, 2009 and at each Quarterly Date thereafter to the Consolidated EBITDA of the Company for the Reference Period ending on such Quarterly Date to be greater than 1.50:1.00.

Maximum Senior Leverage Ratio. The Borrower will not permit the ratio (the “Senior Leverage Ratio”), determined as of the end of each of its fiscal quarters ending on and after April 30, 2008, of (i) Consolidated Senior Indebtedness to (ii) Consolidated EBITDA for the period of four (4) consecutive fiscal quarters ending with the end of such fiscal quarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be greater than 1.75 to 1.0.

Maximum Senior Leverage Ratio. The Borrower shall not suffer or permit the Senior Leverage Ratio at any time during each period set forth in the chart below to exceed the applicable ratio set forth opposite such period.

Maximum Senior Leverage Ratio. The Borrower shall not have, on the last day of each Fiscal Quarter set forth below, beginning with the Fiscal Quarter ending January 29, 2011, a Senior Leverage Ratio greater than the ratio set forth below for such Fiscal Quarter: Fiscal Quarter Ending Ratio January 29, 2011 3.50 to 1.00 April 30, 2011 3.50 to 1.00 July 31, 2011 3.25 to 1.00 October 31, 2011 3.25 to 1.00 January 28, 2012 3.00 to 1.00 April 30, 2012 2.75 to 1.00 July 31, 2012 2.75 to 1.00 October 31, 2012 2.50 to 1.00 February 2, 2013 2.25 to 1.00 April 30, 2013 and thereafter 2.00 to 1.00