Consolidated Indebtedness for Borrowed Money to EBITDA Ratio Sample Clauses

Consolidated Indebtedness for Borrowed Money to EBITDA Ratio. TFC and its Subsidiaries on a consolidated basis (as described in Section 1.03) shall have, as of the end of each Fiscal Quarter set forth below, a Consolidated Indebtedness for Borrowed Money Ratio as of the end of such Fiscal Quarter to (b) EBITDA of TFC for the four (4) Fiscal Quarters then ending of no more than the ratio set forth opposite such Fiscal Quarter end set forth below: Fiscal Quarter EndingMaximum Ratio March, 19987.00 to 1.0 June, 1998 6.00 to 1.0 September, 1998 6.00 to 1.0 December, 19985.75 to 1.0 March, 19995.60 to 1.0 June, 19995.25 to 1.0 September, 19995.25 to 1.0 December, 19995.15 to 1.0 March, 20005.00 to 1.0 June, 20004.75 to 1.0 September, 20004.75 to 1.0 December, 20004.70 to 1.0 March, 20014.65 to 1.0 June, 20014.50 to 1.0 September, 20014.50 to 1.0 December 20014.45 to 1.0 March, 20024.40 to 1.0 June, 20024.25 to 1.0 September, 20024.25 to 1.0 December, 20024.00 to 1.0 March, 20033.50 to 1.0 June, 20032.75 to 1.0 September, 20032.75 to 1.0 December, 20032.65 to 1.0 March, 20042.50 to 1.0
Sample 1
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Related to Consolidated Indebtedness for Borrowed Money to EBITDA Ratio

  • Funded Indebtedness 2 GAAP............................................................ 6

  • Funded Debt No Borrower Party will, or will permit any of its Subsidiaries to, create, assume, incur, or otherwise become or remain obligated in respect of, or permit to be outstanding, any Funded Debt except:

  • Consolidated Total Indebtedness All Indebtedness of Parent Borrower and its Subsidiaries determined on a consolidated basis and shall include (without duplication), such Person’s Equity Percentage of the Indebtedness of its Unconsolidated Affiliates.

  • Borrowed Money Borrowed Money" means any obligation to repay money, any indebtedness evidenced by notes, bonds, debentures or similar obligations, any obligation under a conditional sale or other title retention agreement and the net aggregate rentals under any lease which under GAAP would be capitalized on the books of Borrower or which is the substantial equivalent of the financing of the property so leased.

  • Total Debt The Company will not at any time permit Consolidated Total Debt to exceed any of the following:

  • 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

  • Indebtedness for Borrowed Money The Company shall not, nor shall it permit any Subsidiary to, issue, incur, assume, create or have outstanding any Indebtedness for Borrowed Money; provided, however, that the foregoing shall not restrict nor operate to prevent:

  • 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.

  • Total Indebtedness Create, incur, assume, or suffer to exist, or permit any Subsidiary of Borrower to create, incur or suffer to exist, any Indebtedness, except:

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