Consolidated Debt Service Ratio. Permit the Consolidated Debt Service Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 1.25:1.00.
Consolidated Debt Service Ratio. Consolidated EBITDA for four consecutive fiscal quarters ending on above date ("Subject Period"):
Consolidated Debt Service Ratio. Permit the Consolidated Debt Service Ratio as of the last day of any Test Period, beginning with the Test Period ending March 31, 2008, to be less than 1.10:1.00.
Consolidated Debt Service Ratio. The ratio of Consolidated Adjusted EBITDA to Consolidated Debt Service.
Consolidated Debt Service Ratio. Beginning with the Fiscal Quarter ending June 30, 2005, and as at the end of each Fiscal Quarter thereafter, the ratio of the Borrower’s EBITDA to Consolidated Debt Service shall not be less than 2.0:1.0.
Consolidated Debt Service Ratio. Suffer or permit the Consolidated Debt Service Ratio as of the last day of any quarterly accounting period (commencing with such accounting period ending on or about September 30, 1996), to be less than 1.50 to 1 for the four consecutive quarterly accounting periods then ended. This covenant shall terminate on April 1, 1998.
Consolidated Debt Service Ratio. On the last day of each fiscal quarter of the Borrower, commencing with the fiscal quarter ending June 30, 2000, the Borrower shall not permit, and shall cause each of its Subsidiaries not to permit, the Consolidated Debt Service Ratio to be less than 1.25 to 1.00 for the fiscal quarter ending on such date."
Consolidated Debt Service Ratio. The Parent Guarantor will not permit the Consolidated Debt Service Ratio for any fiscal year to be less than 2:1.
Consolidated Debt Service Ratio. The Consolidated Debt Service Ratio requirements in Section 7.4 of the Loan Agreement (as added by the Modification and Extension Agreement dated August 1, 1996) shall be amended as follows:
Consolidated Debt Service Ratio. As of [insert date of current financial statements]:
(A) The Borrower’s EBITDA was $ .
(B) The Borrower’s Consolidated Debt Service was $ .
(C) The ratio of item (A) to item (B) is :1.00. Under Section 6.4(iii) of the Credit Agreement, the amount specified in item (C) must be greater than or equal to 2.50:1.0. Therefore, the Borrower [is / is not] in compliance with Section 6.4(iii) of the Credit Agreement.
