Consolidated Senior Funded Debt to Consolidated EBITDA Sample Clauses

Consolidated Senior Funded Debt to Consolidated EBITDA. As at the end of any fiscal quarter, the ratio of (a) Consolidated Senior Funded Debt as of such date to (b) Consolidated EBITDA for the period of four (4) consecutive fiscal quarters ending on the date of calculation shall not exceed 3.00:1.00.
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Consolidated Senior Funded Debt to Consolidated EBITDA. Permit at any date of determination set forth below, the ratio of Consolidated Senior Funded Debt to Consolidated EBITDA, calculated (without duplication) for the period of four fiscal quarters next preceding the calculation thereof, to be greater than the rates set forth opposite the applicable determination date: Date Ratio ---- ----- March 31, 2003 2.00:1.00 March 31, 2004 1.75:1.00 March 31, 2005 1.50:1.00
Sample 1
Consolidated Senior Funded Debt to Consolidated EBITDA. As of the end of any calendar quarter, Borrower shall not permit the ratio of Consolidated Senior Funded Debt to Consolidated EBITDA for the immediately preceding twelve months to be (a) prior to the earlier of (i) June 30, 2000 or (ii) the closing of the Required Institutional Debt (such date, the "Ratio Reduction Date"), more than 3.60 to 1.00, (b) for the period from the Ratio Reduction Date through and including December 31, 2000, more than 3.00 to 1.00, and (c) thereafter, more than 2.50 to 1.00; provided that the Target Company EBITDA attributable to any Acquisition, for purposes of calculating Consolidated EBITDA, shall, for the twelve (12) month period commencing on the Acquisition Date, be computed by annualizing the actual Target Company EBITDA for the period since the Acquisition Date.
Sample 1
Consolidated Senior Funded Debt to Consolidated EBITDA. Maintain ------------------------------------------------------ as at the last day of each fiscal quarter,
Sample 1
Consolidated Senior Funded Debt to Consolidated EBITDA. Maintain ------------------------------------------------------ as at the last day of each fiscal quarter, a ratio of Consolidated Senior Funded Debt to Consolidated EBITDA of less than 3.0:1.0. For purposes of calculating Borrower's compliance with this ratio, Consolidated EBITDA shall be computed on a rolling two quarter basis, based on information contained in the Borrower's current financial statements and its financial statements for the preceding quarter and shall be annualized by multiplying by two (2) the result of such calculation.
Sample 1
Consolidated Senior Funded Debt to Consolidated EBITDA. As of the end of any calendar quarter, Borrower shall not permit the ratio of Consolidated Senior Funded Debt to Consolidated EBITDA for the immediately preceding twelve months to be (a) prior to SECOND AMENDED AND RESTATED LOAN AGREEMENT (Monarch Dental Corporation) Page 49 50 the earlier of (i) October 1, 1999 or (ii) the closing of the Required Institutional Debt (such date, the "Ratio Reduction Date"), more than 4.00 to 1.00, (b) for the period from the Ratio Reduction Date through and including December 30, 1999, more than 3.50 to 1.00, (c) for the period from December 31, 1999 through and including March 31, 2000, more than 3.25 to 1.00, (d) for the period from April 1, 2000 through and including December 31, 2000, more than 3.00 to 1.00 and (e) thereafter, more than 2.50 to 1.00; provided that the Target Company EBITDA attributable to any Acquisition, for purposes of calculating Consolidated EBITDA, shall, for the twelve (12) month period commencing on the Acquisition Date, be computed by annualizing the actual Target Company EBITDA for the period since the Acquisition Date.
Sample 1
Consolidated Senior Funded Debt to Consolidated EBITDA. As at the end of any fiscal quarter, the Borrowers shall not permit the ratio of (a) Consolidated Senior Funded Debt as of such date to (b) Consolidated EBITDA for the period of four (4) consecutive fiscal quarters then ending to exceed (i) 3.50:1.00 for the fiscal quarter ending on April 30, 2007, (ii) 3.75:1.00 for the fiscal quarter ending on July 31, 2007, (iii) 3.85:1.00 for the fiscal quarters ending on October 31, 2007 through and including the fiscal quarter ending on April 30, 2008, (iv) 3.60:1.00 for the fiscal quarters ending on July 31, 2008 and October 31, 2008, and (v) 3.35:1.00 for the fiscal quarter ending on January 31, 2009 and every fiscal quarter thereafter.”
Sample 1
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Related to Consolidated Senior Funded Debt to Consolidated EBITDA

  • 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.

  • 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

  • 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 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

  • 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 Fixed Charge Coverage Ratio Permit the Consolidated Fixed Charge Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 1.25 to 1.0.

  • 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 Senior Secured Leverage Ratio Permit the Consolidated Senior Secured Leverage Ratio as of the end of any Measurement Period to be greater than 3.50 to 1.00.

  • Minimum Consolidated Fixed Charge Coverage Ratio Borrower shall not permit the Consolidated Fixed Charge Coverage Ratio, determined as at the end of each fiscal quarter, commencing with the fiscal quarter ending June 30, 2019, to be less than 1.00 to 1.00.

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