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;
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.
Consolidated Indebtedness to Consolidated EBITDA Ratio. 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.
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
Consolidated Indebtedness to Consolidated EBITDA Ratio. All Indebtedness of ISC and the Subsidiaries determined on a consolidated basis in accordance with GAAP $_____________ TO
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.
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.
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”.
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.
