Common use of Senior Secured Net Leverage Ratio Clause in Contracts

Senior Secured Net Leverage Ratio. The Parent will not permit the Senior Secured Net Leverage Ratio as of the last day of any fiscal quarter ending on any date during any period below to exceed the ratio set forth below opposite such period: Period Ratio Effective Date through December 31, 2014 2.50:1.00 January 1, 2015 and thereafter 2.00:1.00

Appears in 1 contract

Sources: Credit Agreement (CyrusOne Inc.)

Senior Secured Net Leverage Ratio. The Parent will not permit the Senior Secured Net Leverage Ratio as of the last day of any fiscal quarter ending on any date during any period below to exceed the ratio set forth below opposite such period: Period Ratio Effective Date through December 31, 2014 2.50:1.00 January 1, 2015 and thereafter 2.00:1.00:

Appears in 1 contract

Sources: Credit Agreement (Cincinnati Bell Inc)