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

Consolidated Total Debt to Consolidated EBITDA Ratio. 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 October 1, 2004 to December 31, 2004 6.75 to 1.00 January 1, 2005 to March 31, 2005 5.75 to 1.00 April 1, 2005 to June 30, 2005 5.75 to 1.00 July 1, 2005 to September 30, 2005 5.75 to 1.00 October 1, 2005 to December 31, 2005 5.75 to 1.00 January 1, 2006 to March 31, 2006 5.75 to 1.00 April 1, 2006 to June 30, 2006 5.75 to 1.00 July 1, 2006 to September 30, 2006 5.75 to 1.00 October 1, 2006 to December 31, 2006 5.50 to 1.00 January 1, 2007 to March 31, 2007 5.50 to 1.00 April 1, 2007 to June 30, 2007 5.50 to 1.00 July 1, 2007 to September 30, 2007 5.50 to 1.00 October 1, 2007 to December 31, 2007 5.25 to 1.00 January 1, 2008 to March 31, 2008 5.25 to 1.00 April 1, 2008 to June 30, 2008 5.25 to 1.00 July 1, 2008 to September 30, 2008 5.25 to 1.00 October 1, 2008 to December 31, 2008 5.25 to 1.00 January 1, 2009 to March 31, 2009 5.25 to 1.00 April 1, 2009 to June 30, 2009 5.25 to 1.00 July 1, 2009 to September 30, 2009 5.25 to 1.00 October 1, 2009 to December 31, 2009 5.00 to 1.00 101 Period Ratio January 1, 2010 to March 31, 2010 5.00 to 1.00 April 1, 2010 to June 30, 2010 5.00 to 1.00 July 1, 2010 to September 30, 2010 5.00 to 1.00 October 1, 2010 to December 31, 2010 4.75 to 1.00 January 1, 2011 to March 31, 2011 4.75 to 1.00 April 1, 2011 to June 30, 2011 4.75 to 1.00 July 1, 2011 and thereafter 4.75 to 1.00

Appears in 1 contract

Samples: Credit Agreement (PanAmSat Holding CORP)

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Consolidated Total Debt to Consolidated EBITDA Ratio. The 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 October 1May 31, 2004 to December 31August 29, 2004 7.50 to 1.00 August 30 2004 to November 28, 2004 7.50 to 1.00 November 29, 2004 to February 27, 2005 7.50 to 1.00 February 28, 2005 to May 29, 2005 7.25 to 1.00 May 30, 2005 to August 28, 2005 7.25 to 1.00 August 29 2005 to November 27, 2005 7.00 to 1.00 November 28, 2005 to February 26, 2006 6.75 to 1.00 January 1February 27, 2005 2006 to March 31May 28, 2005 2006 6.75 to 1.00 May 29, 2006 to August 27, 2006 6.50 to 1.00 August 28 2006 to November 26, 2006 6.25 to 1.00 November 27, 2006 to February 25, 2007 6.00 to 1.00 February 26, 2007 to May 27, 2007 5.75 to 1.00 April 1May 28, 2005 2007 to June 30August 26, 2005 2007 5.75 to 1.00 July 1, 2005 to September 30, 2005 5.75 to 1.00 October 1, 2005 to December 31, 2005 5.75 to 1.00 January 1, 2006 to March 31, 2006 5.75 to 1.00 April 1, 2006 to June 30, 2006 5.75 to 1.00 July 1, 2006 to September 30, 2006 5.75 to 1.00 October 1, 2006 to December 31, 2006 5.50 to 1.00 January 1August 27, 2007 to March 31December 2, 2007 5.50 to 1.00 April 1December 3, 2007 to June 30March 2, 2007 2008 5.50 to 1.00 July March 3, 2008 to June 1, 2007 to September 30, 2007 5.50 to 1.00 October 1, 2007 to December 31, 2007 2008 5.25 to 1.00 January 1June 2, 2008 to March August 31, 2008 5.25 to 1.00 April September 1, 2008 to June November 30, 2008 5.25 5.00 to 1.00 July December 1, 2008 to September 30, 2008 5.25 to 1.00 October March 1, 2008 to December 31, 2008 5.25 to 1.00 January 1, 2009 to March 31, 2009 5.25 to 1.00 April 1, 2009 to June 30, 2009 5.25 to 1.00 July 1, 2009 to September 30, 2009 5.25 to 1.00 October 1, 2009 to December 31, 2009 5.00 to 1.00 101 Period Ratio January March 2, 2009 to May 31, 2009 4.75 to 1.00 June 1, 2009 to August 30, 2009 4.75 to 1.00 August 31, 2009 to November 29, 2009 4.50 to 1.00 November 30, 2009 to February 28, 2010 4.50 to 1.00 March 1, 2010 to March 31May 30, 2010 5.00 4.25 to 1.00 April June 1, 2010 to June August 29, 2010 4.25 to 1.00 August 30, 2010 5.00 to November 28, 2010 4.00 to 1.00 July 1November 29, 2010 to September 30, 2010 5.00 to 1.00 October 1, 2010 to December 31, 2010 4.75 to 1.00 January 1, 2011 to March 31, 2011 4.75 to 1.00 April 1, 2011 to June 30, 2011 4.75 to 1.00 July 1, 2011 and thereafter 4.75 4.00 to 1.00

Appears in 1 contract

Samples: Credit Agreement (Sealy Mattress CORP)

Consolidated Total Debt to Consolidated EBITDA Ratio. 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 October 1, 2004 to December 31, 2004 6.75 to 1.00 January 1, 2005 to March 31, 2005 5.75 to 1.00 April 1, 2005 to June 30, 2005 5.75 to 1.00 July 1, 2005 to September 30, 2005 5.75 to 1.00 October 1, 2005 to December 31, 2005 5.75 to 1.00 January 1, 2006 to March 31, 2006 5.75 to 1.00 April 1, 2006 to June 30, 2006 5.75 to 1.00 July 1, 2006 to September 30, 2006 5.75 to 1.00 October 1, 2006 to December 31, 2006 5.50 to 1.00 January 1, 2007 to through March 31, 2007 5.50 7.90 to 1.00 April 1, 2007 to through June 30, 2007 5.50 7.40 to 1.00 July 1, 2007 to through September 30, 2007 5.50 6.90 to 1.00 October 1, 2007 to through December 31, 2007 5.25 6.70 to 1.00 January 1, 2008 to through March 31, 2008 5.25 6.50 to 1.00 97 April 1, 2008 to through June 30, 2008 5.25 6.25 to 1.00 July 1, 2008 to through September 30, 2008 5.25 5.90 to 1.00 October 1, 2008 to through December 31, 2008 5.25 5.60 to 1.00 January 1, 2009 to through March 31, 2009 5.25 5.40 to 1.00 April 1, 2009 to through June 30, 2009 5.25 5.10 to 1.00 July 1, 2009 to through September 30, 2009 5.25 4.90 to 1.00 October 1, 2009 to through December 31, 2009 5.00 4.60 to 1.00 101 Period Ratio January 1, 2010 to through March 31, 2010 5.00 4.40 to 1.00 April 1, 2010 to through June 30, 2010 5.00 4.10 to 1.00 July 1, 2010 to through September 30, 2010 5.00 3.90 to 1.00 October 1, 2010 to through December 31, 2010 4.75 3.70 to 1.00 January 1, 2011 to through March 31, 2011 4.75 3.50 to 1.00 April 1, 2011 to through June 30, 2011 4.75 3.25 to 1.00 July 1, 2011 and thereafter 4.75 Thereafter 3.00 to 1.00

Appears in 1 contract

Samples: Credit Agreement (LPL Investment Holdings Inc.)

Consolidated Total Debt to Consolidated EBITDA Ratio. The Borrower Holdings will not permit the Consolidated Total Debt to Consolidated EBITDA Ratio for at any time during any Test Period ending during on the last day of any period fiscal quarter set forth below to be greater than the ratio set forth below opposite such periodfiscal quarter: Period Ratio October 1, 2004 to December 31, 2004 6.75 to 1.00 January 1, 2005 to March 31, 2005 5.75 to 1.00 April 1, 2005 to June 30, 2005 5.75 to 1.00 July 1, 2005 to September 30, 2005 5.75 to 1.00 October 1, 2005 to December 31, 2005 5.75 7.90 to 1.00 January 1, 2006 to March 31, 2006 5.75 7.90 to 1.00 April 1, 2006 to June 30, 2006 5.75 7.90 to 1.00 July 1, 2006 to September 30, 2006 5.75 7.70 to 1.00 October 1, 2006 to December 31, 2006 5.50 7.40 to 1.00 January 1, 2007 to March 31, 2007 5.50 7.40 to 1.00 April 1, 2007 to June 30, 2007 5.50 7.40 to 1.00 July 1, 2007 to September 30, 2007 5.50 7.30 to 1.00 October 1, 2007 to December 31, 2007 5.25 7.00 to 1.00 126 Period Ratio January 1, 2008 to March 31, 2008 5.25 7.00 to 1.00 April 1, 2008 to June 30, 2008 5.25 7.00 to 1.00 July 1, 2008 to September 30, 2008 5.25 6.80 to 1.00 October 1, 2008 to December 31, 2008 5.25 6.50 to 1.00 January 1, 2009 to March 31, 2009 5.25 6.50 to 1.00 April 1, 2009 to June 30, 2009 5.25 6.50 to 1.00 July 1, 2009 to September 30, 2009 5.25 6.30 to 1.00 October 1, 2009 to December 31, 2009 5.00 6.00 to 1.00 101 Period Ratio January 1, 2010 to March 31, 2010 5.00 6.00 to 1.00 April 1, 2010 to June 30, 2010 5.00 6.00 to 1.00 July 1, 2010 to September 30, 2010 5.00 5.80 to 1.00 October 1, 2010 to December 31, 2010 4.75 5.50 to 1.00 January 1, 2011 to March 31, 2011 4.75 5.50 to 1.00 April 1, 2011 to June 30, 2011 4.75 5.50 to 1.00 July 1, 2011 and thereafter to September 30, 2011 5.30 to 1.00 October 1, 2011 to December 31, 2011 5.00 to 1.00 January 1, 2012 to March 31, 2012 5.00 to 1.00 April 1, 2012 to June 30, 2012 5.00 to 1.00 July 1, 2012 to September 30, 2012 5.00 to 1.00 October 1, 2012 to December 31, 2012 4.75 to 1.00

Appears in 1 contract

Samples: Credit Agreement (Premdor Finace LLC)

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Consolidated Total Debt to Consolidated EBITDA Ratio. 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 October 1, 2004 to December 31, 2004 6.75 to 1.00 January 1, 2005 to March 31, 2005 5.75 to 1.00 April 1, 2005 to June 30, 2005 5.75 to 1.00 July 1, 2005 to September 30, 2005 5.75 to 1.00 October 1, 2005 to December 31, 2005 5.75 to 1.00 January 1, 2006 to March 31, 2006 5.75 to 1.00 April 1, 2006 to June 30, 2006 5.75 to 1.00 July 1, 2006 to September 30, 2006 5.75 to 1.00 October 1, 2006 to December 31, 2006 5.50 to 1.00 January 1, 2007 to through March 31, 2007 5.50 7.90 to 1.00 April 1, 2007 to through June 30, 2007 5.50 7.40 to 1.00 July 1, 2007 to through September 30, 2007 5.50 6.90 to 1.00 October 1, 2007 to through December 31, 2007 5.25 6.70 to 1.00 January 1, 2008 to through March 31, 2008 5.25 6.50 to 1.00 April 1, 2008 to through June 30, 2008 5.25 6.25 to 1.00 July 1, 2008 to through September 30, 2008 5.25 5.90 to 1.00 October 1, 2008 to through December 31, 2008 5.25 5.60 to 1.00 January 1, 2009 to through March 31, 2009 5.25 5.40 to 1.00 April 1, 2009 to through June 30, 2009 5.25 5.10 to 1.00 July 1, 2009 to through September 30, 2009 5.25 4.90 to 1.00 October 1, 2009 to through December 31, 2009 5.00 4.60 to 1.00 101 Period Ratio January 1, 2010 to through March 31, 2010 5.00 4.40 to 1.00 April 1, 2010 to through June 30, 2010 5.00 4.10 to 1.00 July 1, 2010 to through September 30, 2010 5.00 3.90 to 1.00 October 1, 2010 to through December 31, 2010 4.75 3.70 to 1.00 January 1, 2011 to through March 31, 2011 4.75 3.50 to 1.00 April 1, 2011 to through June 30, 2011 4.75 3.25 to 1.00 July 1, 2011 and thereafter 4.75 Thereafter 3.00 to 1.00

Appears in 1 contract

Samples: Credit Agreement (LPL Investment Holdings Inc.)

Consolidated Total Debt to Consolidated EBITDA Ratio. 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 October 1, 2004 to December 31, 2004 6.75 to 1.00 January 1, 2005 to March 31, 2005 5.75 6.75 to 1.00 April 1, 2005 to June 30, 2005 5.75 6.75 to 1.00 July 1, 2005 to September 30, 2005 5.75 6.75 to 1.00 October 1, 2005 to December 31, 2005 5.75 6.50 to 1.00 January 1, 2006 to March 31, 2006 5.75 6.50 to 1.00 April 1, 2006 to June 30, 2006 5.75 6.50 to 1.00 July 1, 2006 to September 30, 2006 5.75 6.50 to 1.00 October 1, 2006 to December 31, 2006 5.50 6.25 to 1.00 January 1, 2007 to March 31, 2007 5.50 6.25 to 1.00 April 1, 2007 to June 30, 2007 5.50 6.25 to 1.00 July 1, 2007 to September 30, 2007 5.50 6.25 to 1.00 October 1, 2007 to December 31, 2007 5.25 6.00 to 1.00 January 1, 2008 to March 31, 2008 5.25 6.00 to 1.00 April 1, 2008 to June 30, 2008 5.25 6.00 to 1.00 July 1, 2008 to September 30, 2008 5.25 6.00 to 1.00 October 1, 2008 to December 31, 2008 5.25 5.50 to 1.00 106 Period Ratio January 1, 2009 to March 31, 2009 5.25 5.50 to 1.00 April 1, 2009 to June 30, 2009 5.25 5.50 to 1.00 July 1, 2009 to September 30, 2009 5.25 5.50 to 1.00 October 1, 2009 to December 31, 2009 5.00 to 1.00 101 Period Ratio January 1, 2010 to March 31, 2010 5.00 to 1.00 April 1, 2010 to June 30, 2010 5.00 to 1.00 July 1, 2010 to September 30, 2010 5.00 to 1.00 October 1, 2010 to December 31, 2010 4.75 4.50 to 1.00 January 1, 2011 to March 31, 2011 4.75 4.50 to 1.00 April 1, 2011 to June 30, 2011 4.75 4.50 to 1.00 July 1, 2011 and thereafter 4.75 4.50 to 1.00

Appears in 1 contract

Samples: Credit Agreement (Panamsat Corp /New/)

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