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

Consolidated Total Debt to Consolidated EBITDA. Permit the ratio of (a) Consolidated Total Debt to (b) Consolidated EBITDA at the end of and for any period of four consecutive fiscal quarters to exceed 5.0 to 1.0.

Appears in 3 contracts

Samples: Credit Facility Agreement (Itt Corp /Nv/), 364 Day Competitive Advance and Revolving Credit Facility Agreement (Itt Corp /Nv/), 364 Day Competitive Advance and Revolving Credit Facility Agreement (Itt Corp /Nv/)

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Consolidated Total Debt to Consolidated EBITDA. Permit the Maintain at all times a ratio of (a) Consolidated Total Debt to (b) Consolidated EBITDA at for the end of and for any period of four (4) consecutive fiscal quarters most recently ended on or prior to exceed 5.0 such determination date of not greater then 3.50 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (Bindley Western Industries Inc)

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