Common use of Consolidated Debt to EBITDA Clause in Contracts

Consolidated Debt to EBITDA. Permit on the last day of any fiscal quarter of the Company commencing with June 30, 1997, the ratio of Consolidated Debt as at the end of such fiscal quarter to EBITDA for the period of four consecutive fiscal quarters then ended to be greater than 3.5 to 1.0.

Appears in 2 contracts

Samples: 364 Day Credit Agreement (Wr Grace & Co/De), Credit Agreement (Wr Grace & Co/De)

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Consolidated Debt to EBITDA. Permit on the last day of any fiscal quarter of the Company commencing with June 30, 19971998, the ratio of Consolidated Debt as at the end of such fiscal quarter to EBITDA for the period of four consecutive fiscal quarters then ended to be greater than 3.5 to 1.0.

Appears in 2 contracts

Samples: Credit Agreement (W R Grace & Co), Execution Copy (W R Grace & Co)

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Consolidated Debt to EBITDA. Permit on the last day of any fiscal quarter of the Company commencing with June 30, 19971999, the ratio of Consolidated Debt as at the end of such fiscal quarter to EBITDA for the period of four consecutive fiscal quarters then ended to be greater than 3.5 to 1.0.

Appears in 1 contract

Samples: 364 Day Credit Agreement (W R Grace & Co)

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