Net Cash Flow Leverage Ratio Sample Clauses

Net Cash Flow Leverage Ratio. The Parent will as of the last day of each calendar quarter for which financial statements have been delivered pursuant to Section 7.6 hereof, maintain a Net Cash Flow Leverage Ratio of not more than 3.50 to 1.00; provided that, the Borrower may, by written notice to the Administrative Agent, increase the maximum Net Cash Flow Leverage Ratio to 4.00 to 1.00 (each such election, a “Net Cash Flow Leverage Ratio Increase”) for the four consecutive calendar quarter ending dates (or such shorter time, as may be elected by the Borrower) immediately following the consummation of a Material Acquisition by the Borrower or a Restricted Subsidiary; provided further that, while in a Net Cash Flow Leverage Ratio Increase period, the Borrower shall be permitted to extend the Net Cash Flow Leverage Increase period in connection with any additional Material Acquisition for an additional 4 consecutive calendar quarters from the consummation of the additional Material Acquisition by written notice to the Administrative Agent, provided that at the time of the consummation of the additional Material Acquisition the Borrower’s Net Cash Flow Leverage Ratio before giving effect to such Material Acquisition is less than 3.50 to 1.00.
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Net Cash Flow Leverage Ratio. The Parent will as of the last day of each calendar quarter maintain a Net Cash Flow Leverage Ratio of not more than 3.50 to 1.00; provided that, the Borrower may, by written notice to the Administrative Agent, increase the maximum Net Cash Flow Leverage Ratio to 4.00 to 1.00 (each such election, a “Net Cash Flow Leverage Ratio Increase” ) for the four consecutive calendar quarter ending dates (or such shorter time, as may be elected by the Borrower) immediately following the consummation of a Material Acquisition by the Borrower or a Restricted Subsidiary; provided further that, while in a Net Cash Flow Leverage Ratio Increase period, the Borrower shall be permitted to extend the Net Cash Flow Leverage Increase period in connection with any additional Material Acquisition for an additional 4 consecutive calendar quarters from the consummation of the additional Material Acquisition by written notice to the Administrative Agent, provided that at the time of the -67-
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Related to Net Cash Flow Leverage Ratio

  • Cash Flow Leverage Ratio The Borrower will not permit the Cash Flow Leverage Ratio on the last day of any fiscal quarter to exceed 3.50 to 1.00.

  • Total Net Leverage Ratio Holdings and its Restricted Subsidiaries, on a consolidated basis, shall not permit the Total Net Leverage Ratio on the last day of any Test Period to exceed the ratio set forth below opposite the last day of such Test Period:

  • Total Leverage Ratio The Borrowers will not permit the Total Leverage Ratio on the last day of any fiscal quarter to exceed 3.75 to 1.00.

  • Maximum Leverage Ratio The Borrower will not permit the Leverage Ratio as of the end of any fiscal quarter to be greater than 0.55 to 1.00.

  • Leverage Ratio The Borrower will not permit the Leverage Ratio to exceed 4.50 to 1.0 on the last day of any Fiscal Quarter.