Common use of Consolidated Total Debt to Consolidated EBITDA Ratio Clause in Contracts

Consolidated Total Debt to Consolidated EBITDA Ratio. Holdings and the Borrower will not permit the Consolidated Total Debt to Consolidated EBITDA Ratio for any Test Period ending during any period set forth below to be greater than the ratio set forth below opposite such period: Period Ratio May 29, 2006 to August 27, 2006 5.00 to 1.00 August 28 2006 to November 26, 2006 5.00 to 1.00 November 27, 2006 to February 25, 2007 5.00 to 1.00 February 26, 2007 to May 27, 2007 4.75 to 1.00 May 28, 2007 to August 26, 2007 4.75 to 1.00 August 27, 2007 December 2, 2007 4.50 to 1.00 December 3, 2007 to March 2, 2008 4.50 to 1.00 March 3, 2008 to June 1, 2008 4.25 to 1.00 June 2, 2008 to August 31, 2008 4.25 to 1.00 September 1, 2008 to November 30, 2008 4.00 to 1.00 December 1, 2008 and thereafter 4.00 to 1.00

Appears in 3 contracts

Samples: Assignment and Acceptance (Sealy Corp), Credit Agreement (Sealy Corp), Credit Agreement (Sealy Corp)

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Consolidated Total Debt to Consolidated EBITDA Ratio. The Parent Companies, Holdings and the US Borrower will not permit the Consolidated Total Debt to Consolidated EBITDA Ratio for any Test Period ending during any period set forth below to be greater than the ratio set forth below opposite such period: Period Ratio May 29April 1, 2003 to March 31, 2004 5.95 to 1.00 April 1, 2004 to June 30, 2004 5.75 to 1.00 July 1, 2004 to September 30, 2004 5.50 to 1.00 October 1, 2004 to March 31, 2005 5.25 to 1.00 April 1, 2005 to September 30, 2005 5.00 to 1.00 October 1, 2005 to March 31, 2006 4.75 to 1.00 April 1, 2006 to August 27June 30, 2006 5.00 4.50 to 1.00 August 28 2006 to November 26, 2006 5.00 to 1.00 November 27July 1, 2006 to February 25March 31, 2007 5.00 4.25 to 1.00 February 26April 1, 2007 to May 27June 30, 2007 4.75 4.00 to 1.00 May 28, 2007 to August 26, 2007 4.75 to 1.00 August 27, 2007 December 2, 2007 4.50 to 1.00 December 3July 1, 2007 to March 231, 2008 4.50 3.75 to 1.00 March 3April 1, 2008 to June 1, 2008 4.25 to 1.00 June 2, 2008 to August 31, 2008 4.25 to 1.00 September 1, 2008 to November 30, 2008 4.00 3.50 to 1.00 December July 1, 2008 and thereafter 4.00 3.25 to 1.00

Appears in 2 contracts

Samples: Credit Agreement (Rockwood Specialties Group Inc), Credit Agreement (Rockwood Specialties Group Inc)

Consolidated Total Debt to Consolidated EBITDA Ratio. Holdings and the The Borrower will not permit the Consolidated Total Debt to Consolidated EBITDA Ratio for any Test Period ending during any period on each date set forth below to be greater than the ratio set forth below opposite such perioddate: Test Period Ending Ratio May 29September 30, 2006 2012 5.75 to August 271.00 December 31, 2006 2012 5.75 to 1.00 March 31, 2013 5.75 to 1.00 June 30, 2013 5.75 to 1.00 September 30, 2013 5.75 to 1.00 December 31, 2013 5.75 to 1.00 March 31, 2014 5.50 to 1.00 June 30, 2014 5.50 to 1.00 September 30, 2014 5.50 to 1.00 December 31, 2014 5.50 to 1.00 March 31, 2015 5.00 to 1.00 August 28 2006 to November 26June 30, 2006 2015 5.00 to 1.00 November 27September 30, 2006 to February 25, 2007 2015 5.00 to 1.00 February 26December 31, 2007 to May 27, 2007 4.75 2015 5.00 to 1.00 May 28March 31, 2007 to August 26, 2007 4.75 to 1.00 August 27, 2007 December 2, 2007 2016 4.50 to 1.00 December 3June 30, 2007 to March 2, 2008 2016 4.50 to 1.00 March 3September 30, 2008 to June 1, 2008 4.25 2016 4.50 to 1.00 June 2, 2008 to August 31, 2008 4.25 to 1.00 September 1, 2008 to November 30, 2008 4.00 to 1.00 December 1, 2008 and thereafter 4.00 Maturity Date 4.50 to 1.00

Appears in 2 contracts

Samples: Fourth Amendment Agreement (Samson Resources Corp), Third Amendment Agreement (Samson Resources Corp)

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Consolidated Total Debt to Consolidated EBITDA Ratio. Holdings and the The US Borrower will not permit the Consolidated Total Debt to Consolidated EBITDA Ratio for any Test Period ending during any period set forth below to be greater than the ratio set forth below opposite such period: Period Ratio May 29October 1, 2004 to March 31, 2005 6.95 to 1.00 April 1, 2005 to September 30, 2005 6.75 to 1.00 October 1, 2005 to March 31, 2006 6.50 to 1.00 April 1, 2006 to August 27September 30, 2006 5.00 6.00 to 1.00 August 28 2006 to November 26, 2006 5.00 to 1.00 November 27October 1, 2006 to February 25March 31, 2007 5.00 5.75 to 1.00 February 26April 1, 2007 to May 27September 30, 2007 4.75 5.50 to 1.00 May 28, 2007 to August 26, 2007 4.75 to 1.00 August 27, 2007 December 2, 2007 4.50 to 1.00 December 3October 1, 2007 to March 231, 2008 5.00 to 1.00 April 1, 2008 to September 30, 2008 4.75 to 1.00 October 1, 2008 to December 31, 2008 4.50 to 1.00 March 3, 2008 to June January 1, 2008 2009 and thereafter 4.25 to 1.00 June 2, 2008 to August 31, 2008 4.25 to 1.00 September 1, 2008 to November 30, 2008 4.00 to 1.00 December 1, 2008 and thereafter 4.00 to 1.00

Appears in 1 contract

Samples: Credit Agreement (Rockwood Specialties Group Inc)

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