Consolidated Senior Funded Debt to EBITDA Ratio. The Company will not, at any time, permit the ratio of (i) Consolidated Senior Funded Debt at such time to (ii) Consolidated EBITDA for the period of four consecutive fiscal quarters of the Company then most recently ended, to be greater than 3.50:1.00.
Appears in 2 contracts
Samples: Northwest Pipe Co, Northwest Pipe Co
Consolidated Senior Funded Debt to EBITDA Ratio. (a) The Company will not, at any time, not permit the ratio of (i) Consolidated Senior Funded Debt at such time on the last day of each fiscal quarter to (ii) Consolidated EBITDA for the period of four consecutive fiscal quarters of the Company then most recently endedended on such date, to be greater than 3.50:1.00.
Appears in 1 contract
Samples: Note Purchase and Private Shelf Agreement (Northwest Pipe Co)
Consolidated Senior Funded Debt to EBITDA Ratio. (a) The Company will not, at any timetime during the measurement dates set forth below, permit the ratio of (i) Consolidated Senior Funded Debt at such time to (ii) Consolidated EBITDA for the period of four consecutive fiscal quarters of the Company then most recently ended, to be greater than the amount set forth opposite such measurement date(s): Period Ratio From 10/1/09 to 12/31/09 4.65:1.00 From 10/1/10 and at all times thereafter 3.50:1.00.
Appears in 1 contract
Samples: Northwest Pipe Co
