Consolidated Funded Debt to EBITDA Ratio. As of the end of each fiscal quarter of the Borrower, the Consolidated Funded Debt to EBITDA Ratio will not exceed 4.00 to 1.0.
Consolidated Funded Debt to EBITDA Ratio. (Section 8.2) (To be calculated on a consolidated basis for Unit as of the Quarterly Calculation Date commencing with the fiscal quarter ending June 30, 2019 and for each fiscal quarter ending thereafter)
Consolidated Funded Debt to EBITDA Ratio. Permit at any time the Consolidated Funded Debt to EBITDA Ratio to exceed 3.25 to 1.00, tested no less frequently than quarterly for each Test Period and determined in each case in accordance with GAAP, consistently applied.
Consolidated Funded Debt to EBITDA Ratio. Permit its Consolidated Funded Debt to EBITDA Ratio to exceed at any time 2.50 to 1.00, measured on a quarterly basis for the relevant Test Period; provided, however, that, anything to the contrary set forth in this Agreement notwithstanding, the EBITDA component of said ratio (the EBITDA Component) for the fiscal quarters ending March 31, 2006, June 30, 2006 and September 30, 2006, shall be calculated as follows: (i) for the fiscal quarter ending March 31, 2006, the EBITDA Component shall be the Borrower’s Consolidated EBITDA for the fiscal quarter ended Xxxxx 00, 0000, xxxxxxxxxx xx xxxx (0), (xx) for the fiscal quarter ending June 30, 2006, the EBITDA Component shall be the sum of the Borrower’s Consolidated EBITDA for the fiscal quarter ended March 31, 2006 plus the Borrower’s Consolidated EBITDA for the fiscal quarter ended June 30, 2006, multiplied by two (2), and (iii) for the fiscal quarter ending September 30, 2006, the EBITDA Component shall be the sum of the Borrower’s Consolidated EBITDA for the fiscal quarter ended March 31, 2006 plus the Borrower’s Consolidated EBITDA for the fiscal quarter ended June 30, 2006 plus the Borrower’s Consolidated EBITDA for the fiscal quarter ended September 30, 2006, multiplied by one and one-third (1.33).”
Consolidated Funded Debt to EBITDA Ratio. Borrower on a consolidated basis with all of its Subsidiaries shall maintain at all times during the existence of the Loan a maximum ratio of Consolidated Funded Debt to EBITDA (on a rolling four quarter basis) that shall not exceed 3.0 during the fiscal year ending December 31, 1998 and 2.5 during each fiscal year thereafter.
Consolidated Funded Debt to EBITDA Ratio. Consolidated Funded Debt ---------------------------------------- to EBITDA Ratio" means, as of any calculation date, the ratio whose numerator is the Borrowers' Consolidated Funded Debt as of such date and whose denominator is the Borrower's Consolidated EBITDA as of such date.
Consolidated Funded Debt to EBITDA Ratio. The definition of “Funded Debt to EBITDA Ratio” is added to read as follows:
Consolidated Funded Debt to EBITDA Ratio. Maintain as of the end of each fiscal quarter of the Borrower a ratio of Consolidated Funded Debt to EBITDA for the most recently completed four fiscal quarters of the Borrower of not more than the ratio set forth below: Four Fiscal Quarters ending on or about: Ratio ---------------------------------------- ----- June 30, 1999 5.25:1 September 30, 1999 5.25:1 December 31, 1999 5.10:1 March 31, 2000 5.00:1 June 30, 2000 5.00:1 115 108 September 30, 2000 5.00:1 December 31, 2000 4.90:1 March 31, 2001 4.90:1 June 30, 2001 4.75:1 September 30, 2001 4.75:1 December 31, 2001 4.75:1 March 31, 2002 4.50:1 June 30, 2002 4.50:1 September 30, 2002 4.50:1 December 31, 2002 4.50:1 March 31, 2003 4.00:1 June 30, 2003 4.00:1 September 30, 2003 4.00:1 December 31, 2003 4.00:1 March 31, 2004 and thereafter 3.75:1
Consolidated Funded Debt to EBITDA Ratio. The following amounts shall be determined as of the end of the Borrower's fiscal quarter based upon a period consisting of the four preceding fiscal quarters then ended:
Consolidated Funded Debt to EBITDA Ratio. The Borrowers shall not permit the Consolidated Funded Debt to EBITDA Ratio as at the end of each Cumulative Four Quarter Period to exceed (i) 4.50 to 1.00 for the Cumulative Four Quarter Periods ending prior to December 31, 2003, (ii) 4.25 to 1.00 for each such Cumulative Four Quarter Period ending on December 31, 2003 and prior to Xxxxxxxx 00, 0000, (xxx) 4.00 to 1.00 for the such Cumulative Four Quarter Period ending on December 31, 2004 and prior to December 31, 2005 and (iv) 3.75 to 1.00 on December 31, 2005 and thereafter.
