Common use of Consolidated Funded Indebtedness Clause in Contracts

Consolidated Funded Indebtedness. The Company will not permit the ratio of Consolidated Funded Indebtedness as of the end of any fiscal quarter to Consolidated EBITDA (for then most recently completed four fiscal quarters) to be greater than 3.50 to 1.00.

Appears in 3 contracts

Sources: Note Purchase Agreement (Tetra Technologies Inc), Note Purchase Agreement (Tetra Technologies Inc), Master Note Purchase Agreement (Tetra Technologies Inc)

Consolidated Funded Indebtedness. The Company will not permit the ratio of Consolidated Funded Indebtedness as of the end of any fiscal quarter to Consolidated EBITDA (for then most recently completed four fiscal quarters) to be greater than 3.50 to 1.00.

Appears in 2 contracts

Sources: Note Purchase Agreement (Tetra Technologies Inc), Note Purchase Agreement (Tetra Technologies Inc)