Consolidated Indebtedness to Consolidated EBITDA Ratio Sample Clauses

Consolidated Indebtedness to Consolidated EBITDA Ratio. Maintain, on a consolidated basis, a ratio of Consolidated Indebtedness to Consolidated EBITDA of not more than 4.25 to 1.00, as measured at the end of each fiscal quarter based on the four most recent fiscal quarters for which financial information is available;
Sample 1Sample 2Sample 3See All (16)
AutoNDA by SimpleDocs
Consolidated Indebtedness to Consolidated EBITDA Ratio. Visa Inc. will not permit the Consolidated Indebtedness to Consolidated EBITDA Ratio to be greater than 3.75 to 1.0 as of the last day of any fiscal quarter.
Sample 1Sample 2Sample 3See All (6)
Consolidated Indebtedness to Consolidated EBITDA Ratio. The Company will not permit the ratio of (a) consolidated Indebtedness of the Company and the Subsidiaries at any date to (b) Consolidated EBITDA for the period of four consecutive fiscal quarters ended at or most recently prior to such date to be greater than the ratio set forth below opposite the period during which such date occurs: Period Ratio ------ ----- Through 9/30/02 4.00:1.00 10/1/02 through 12/31/02 4.50:1.00 1/1/03 through 3/31/03 4.30:1.00 4/1/03 through 6/30/03 3.80:1.00 7/1/03 through 9/30/03 3.55:1.00 10/1/03 through 12/31/03 3.25:1.00 and thereafter
Sample 1Sample 2
Consolidated Indebtedness to Consolidated EBITDA Ratio. Effective on the Effective Date as defined herein, Section 7.1(b) of the Original Agreement is hereby amended to change the phrase “4.0 to 1.0” to “the Maximum Leverage Ratio”.
Sample 1
Consolidated Indebtedness to Consolidated EBITDA Ratio. As of the last day of each Fiscal Quarter, the Borrowers shall not permit their Consolidated Indebtedness to Consolidated EBITDA Ratio to exceed 3.5 to 1.0.
Sample 1
Consolidated Indebtedness to Consolidated EBITDA Ratio. At all times while availability under this Agreement is not then being governed by a Borrowing Base as provided in Section 2.13(a), permit the ratio of (i) Consolidated Indebtedness to (ii) Consolidated EBITDA for the period of four consecutive fiscal quarters of the Company then most recently ended to be greater than 3.5 to 1.0.
Sample 1
Consolidated Indebtedness to Consolidated EBITDA Ratio. The Consolidated Indebtedness to Consolidated EBITDA ratio is defined as the ratio of Consolidated Indebtedness to Consolidated EBITDA for the twelve month trailing period. Commencing on and after September 30, 2008, Borrower will not permit the Consolidated Indebtedness to Consolidated EBITDA ratio as of the last day of each fiscal quarter ending on or about the date set forth below to be greater than the ratio set forth opposite such date below. DATE RATIO ---- ----- September 30, 2008 ___ to 1.00 December 31, 2008 ___ to 1.00 March 31, 2009 ___ to 1.00 June 30, 2009 ___ to 1.00 On or before June 1, 2009, the Borrower and the Lender shall agree on new covenant levels for this Section 4.21 for periods after June 30, 2009, but if the Borrower and the Lender do not agree, the required amount last in effect shall continue to be the required covenant level.
Sample 1
AutoNDA by SimpleDocs
Consolidated Indebtedness to Consolidated EBITDA Ratio. A. All Indebtedness of ISC and the Subsidiaries determined on a consolidated basis in accordance with GAAP $_____________ TO
Sample 1

Related to Consolidated Indebtedness to Consolidated EBITDA Ratio

  • 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.

  • 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

  • Consolidated EBITDA With respect to any period, an amount equal to the EBITDA of REIT and its Subsidiaries for such period determined on a Consolidated basis.

  • Consolidated Net Leverage Ratio Permit the Consolidated Net Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 4.50:1.00.

  • 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.

  • Consolidated Total Leverage Ratio Permit the Consolidated Total Leverage Ratio as of the last day of any fiscal quarter ending on or after September 30, 2008 to be greater than 3.5 to 1.0.

  • Consolidated Debt Service Coverage 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 Total Net Leverage Ratio Permit the Consolidated Total Net Leverage Ratio on the last day of any fiscal quarter occurring during any period set forth below, to be greater than the ratio set forth below opposite such period: Period Maximum Consolidated Total Net Leverage Ratio Closing Date through and including September 30, 2014 7.25:1.00 December 31, 2014 through and including September 30, 2015 6.75:1.00 December 31, 2015 and thereafter 6.50:1.00

  • Minimum Consolidated EBITDA The Borrower will not permit Modified Consolidated EBITDA, for any Test Period ending at the end of any fiscal quarter of the Borrower set forth below, to be less than the amount set forth opposite such fiscal quarter: Fiscal Quarter Amount September 30, 1997 $36,000,000 December 31, 1997 $36,000,000 March 31, 1998 $36,000,000 June 30, 1998 $37,000,000 September 30, 1998 $37,000,000 December 31, 1998 $38,000,000 March 31, 1999 $38,000,000 June 30, 1999 $39,000,000 September 30, 1999 $40,000,000 December 31, 1999 $41,000,000 March 31, 2000 $41,000,000 June 30, 2000 $42,000,000 September 30, 2000 $43,000,000 December 31, 2000 $44,000,000 March 31, 2001 $44,000,000 June 30, 2001 $45,000,000 September 30, 2001 $46,000,000 December 31, 2001 $47,000,000 March 31, 2002 $47,000,000

  • Maximum Consolidated Leverage Ratio As of the last day of each Fiscal Quarter of the Borrower (commencing with the Fiscal Quarter ending March 31, 2018), the Borrower shall not permit the Consolidated Leverage Ratio to be greater than 0.60 to 1.00.

Time is Money Join Law Insider Premium to draft better contracts faster.