Balance Sheet Debt to Consolidated EBITDA Ratio Sample Clauses

Balance Sheet Debt to Consolidated EBITDA Ratio. Have at the end of each fiscal quarter ending on or about each date set forth below, a ratio of Balance Sheet Debt on such date to Consolidated EBITDA for the four (4) fiscal quarters ending on such date of not more than the indicated amounts (it being understood and agreed that, for purposes of calculating such ratio for the fiscal quarters ending September 30, 2001, December 31, 2001 and March 31, 2002, the Consolidated EBITDA for the fiscal quarter ending June 30, 2001 shall be deemed to be $33,891,000, notwithstanding the fact that the actual Consolidated EBITDA for such fiscal quarter could be a different amount): DATE RATIO ------------------------------- ------------ June 30, 2001 7.73 to 1.00 September 30, 2001 8.45 to 1.00 December 31, 2001 8.10 to 1.00 March 31, 2002 8.29 to 1.00 June 30, 2002 7.89 to 1.00 September 30, 2002 7.30 to 1.00 December 31, 2002 6.80 to 1.00 March 31, 2003 6.72 to 1.00 June 30, 2003 6.63 to 1.00 September 30, 2003 6.55 to 1.00 December 31, 2003 6.46 to 1.00 March 31, 2004 and each quarter 4.25 to 1.00 ending thereafter SUBPART 2.11 Addition of Section 7.11(e). Section 7.11 of the Existing Credit Agreement is further amended by adding a new subsection (e) which reads in its entirety as follows:
Sample 1
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Balance Sheet Debt to Consolidated EBITDA Ratio. Have at the end of each fiscal quarter a ratio of Balance Sheet Debt on such date to Consolidated EBITDA for the four (4) fiscal quarters ending on such date of (i) not more than 5.35 to 1.0 for the period ending December 31, 2000, (ii) not more than 4.85 to 1.0 for the period from and after March 31, 2001, and (iii) not more than 4.50 to 1.0 for the period from and after December 31, 2001.
Sample 1
Balance Sheet Debt to Consolidated EBITDA Ratio. Have at the end of each fiscal quarter a ratio of Balance Sheet Debt on such date to Consolidated EBITDA for the four (4) fiscal quarters ending on such date of (i) not more than 6.25 to 1.0 for the fiscal quarter ending on or about Marcx 00, 0000, (xx) xxx more than 6.75 to 1.0 for the fiscal quarter ending on or about June 30, 2001, (iii) not more than 6.35 to 1.0 for the fiscal quarter ending on or about September 30, 2001, (iv) not more than 5.50 to 1.0 for each of the fiscal quarters ending on or about December 31, 2001 and March 31, 2002, respectively, (v) not more than 5.00 to 1.0 for each of the fiscal quarters ending on or about June 30, 2002 and September 30, 2002, respectively, (vi) not more than 4.50 to 1.0 for the fiscal quarter ending on or about December 31, 2002, and (vii) not more than 4.25 to 1.0 for any fiscal quarter ending after December 31, 2002.
Sample 1
Balance Sheet Debt to Consolidated EBITDA Ratio. Have at the end of each fiscal quarter ending on or about each date set forth below, a ratio of Balance Sheet Debt on such date to Consolidated EBITDA for the four (4) fiscal quarters ending on such date of not more than the indicated amounts (it being understood and agreed that, for purposes of calculating such ratio for the fiscal quarters ending December 31, 2002, March 31, 2003, and June 30, 2003, the Consolidated EBITDA for the fiscal quarter ending September 30, 2002 shall be deemed to be $52,196,000, notwithstanding the fact that the actual Consolidated EBITDA for such fiscal quarter could be a different amount): -------------------------------------------------------------- DATE RATIO -------------------------------------------------------------- -------------------------------------------------------------- -------------------------------------------------------------- September 30, 2002 7.73 to 1.00 -------------------------------------------------------------- December 31, 2002 7.47 to 1.00 -------------------------------------------------------------- March 31, 2003 7.82 to 1.00 -------------------------------------------------------------- June 30, 2003 8.45 to 1.00 -------------------------------------------------------------- September 30, 2003 7.69 to 1.00 -------------------------------------------------------------- December 31, 2003 7.28 to 1.00 -------------------------------------------------------------- March 31, 2004 and each quarter 4.25 to 1.00 ending thereafter -------------------------------------------------------------- --------------------------------------------------------------
Sample 1
Balance Sheet Debt to Consolidated EBITDA Ratio. Have at the end of each fiscal quarter ending on or about each date set forth below, a ratio of Balance Sheet Debt on such date to Consolidated EBITDA for the four (4) fiscal quarters ending on such date of not more than the indicated amounts (it being understood and agreed that, for purposes of calculating such ratio for the fiscal quarters ending September 30, 2001, December 31, 2001 and March 31, 2002, the Consolidated EBITDA for the fiscal quarter ending June 30, 2001 shall be deemed to be $33,891,000, notwithstanding the fact that the actual Consolidated EBITDA for such fiscal quarter could be a different amount):
Sample 1

Related to Balance Sheet Debt to Consolidated EBITDA Ratio

  • Consolidated Senior Leverage Ratio Permit at any time the Consolidated Senior Leverage Ratio to exceed the ratio set forth opposite the applicable period below: Consolidated Period Senior Leverage Ratio ------ --------------------- March 30, 2003 2.30 : 1.00 March 31, 2003 - June 29, 2003 2.20 : 1.00 June 30, 2003 - December 28, 2003 2.00 : 1.00 December 29, 2003 and thereafter 1.75 : 1.00

  • Pro Forma Balance Sheet; Financial Statements The Lenders shall have received (i) the Pro Forma Balance Sheet, (ii) audited consolidated financial statements of the Borrower and its Subsidiaries for the most recently ended fiscal year and (iii) unaudited interim consolidated financial statements of the Borrower and its Subsidiaries for each fiscal quarter ended after the date of the latest applicable financial statements delivered pursuant to clause (i) of this paragraph as to which such financial statements are available.

  • Funded Debt to EBITDA Ratio A. Funded Debt

  • Consolidated Leverage Ratio Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 2.50 to 1.0.

  • Consolidated Net Leverage Ratio Permit the Consolidated Net Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 4.50:1.00.

  • Maximum Consolidated Total Leverage Ratio The Borrower will cause the Consolidated Total Leverage Ratio to be less than (a) 4.00 to 1.00 at all times during the period from the Effective Date to and including December 30, 2009, (b) 3.75 to 1.00 at all times during the period from December 31, 2009 to and including December 30, 2010 and (c) less than 3.50 to 1.00 at all times thereafter.

  • Maximum Consolidated Leverage Ratio As of the last day of each Fiscal Quarter of the Borrower (commencing with the Fiscal Quarter ending March 31, 2018), the Borrower shall not permit the Consolidated Leverage Ratio to be greater than 0.60 to 1.00.

  • Minimum Consolidated EBITDA The Borrower will not permit Modified Consolidated EBITDA, for any Test Period ending at the end of any fiscal quarter of the Borrower set forth below, to be less than the amount set forth opposite such fiscal quarter: Fiscal Quarter Amount September 30, 1997 $36,000,000 December 31, 1997 $36,000,000 March 31, 1998 $36,000,000 June 30, 1998 $37,000,000 September 30, 1998 $37,000,000 December 31, 1998 $38,000,000 March 31, 1999 $38,000,000 June 30, 1999 $39,000,000 September 30, 1999 $40,000,000 December 31, 1999 $41,000,000 March 31, 2000 $41,000,000 June 30, 2000 $42,000,000 September 30, 2000 $43,000,000 December 31, 2000 $44,000,000 March 31, 2001 $44,000,000 June 30, 2001 $45,000,000 September 30, 2001 $46,000,000 December 31, 2001 $47,000,000 March 31, 2002 $47,000,000

  • Financial Statements; Pro Forma Balance Sheet; Projections On or prior to the Initial Borrowing Date, the Administrative Agent shall have received true and correct copies of the historical financial statements, the pro forma financial statements and the Projections referred to in Sections 8.05(a) and (d), which historical financial statements, pro forma financial statements and Projections shall be in form and substance reasonably satisfactory to the Administrative Agent and the Required Lenders.

  • Consolidated Total Leverage Ratio Permit the Consolidated Total Leverage Ratio as of the last day of any fiscal quarter ending on or after September 30, 2008 to be greater than 3.5 to 1.0.

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