CONSOLIDATED TOTAL FUNDED DEBT TO EBITDA RATIO. Maintain a ratio of (i) Total Funded Debt to (ii) EBITDA as at the last day of each fiscal quarter of the Borrower of not more than the ratios set forth below (calculated on the basis of (x) annualized amounts, cumulatively from and including the fiscal quarter beginning April 1, 2001, in the case of any fiscal quarter ending on or before December 31, 2001, and (y) the cumulative aggregate amounts for the immediately preceding four full fiscal quarters, in the case of any fiscal quarter ending after December 2001):
CONSOLIDATED TOTAL FUNDED DEBT TO EBITDA RATIO. The Borrower shall not permit the Consolidated Total Funded Debt to EBITDA Ratio as at the end of any Fiscal Quarter to exceed 3.00 to 1.00 for the Cumulative Four Quarter Period then ending.
CONSOLIDATED TOTAL FUNDED DEBT TO EBITDA RATIO. Maintain as of the last day of each fiscal quarter of the Borrower commencing with the first complete fiscal quarter after the Initial Funding Date a ratio of (i) Consolidated Total Funded Debt to (ii) EBITDA for the most recently completed four fiscal quarters of the Borrower of not more than the ratio set forth below: FOUR FISCAL QUARTERS ENDING ON: RATIO ------------------------------- ----- First Quarter 5.25:1.00 Second Quarter 5.25:1.00 Third Quarter 5.25:1.00 Fourth Quarter 5.00:1.00 Fifth Quarter 4.75:1.00 Sixth Quarter 4.75:1.00 Seventh Quarter 4.50:1.00 Eighth Quarter 4.25:1.00 Ninth Quarter 4.00:1.00 Tenth Quarter 4.00:1.00 Each Fiscal Quarter Thereafter 3.75:1.00
CONSOLIDATED TOTAL FUNDED DEBT TO EBITDA RATIO. Maintain as of the last day of each fiscal quarter of the Borrower commencing with the first complete fiscal quarter after the Initial Funding Date a ratio of (i) Consolidated Total Funded Debt to (ii) EBITDA for the most recently completed four fiscal quarters of the Borrower of not more than the ratio set forth below: XXXX XXXXXX XXXXXXXX XXXXXX XX: RATIO ------------------------------- ------- First Quarter 5.25:1.00 Second Quarter 5.25:1.00 Third Quarter 5.25:1.00 Fourth Quarter 5.00:1.00 Fifth Quarter 4.75:1.00 Sixth Quarter 4.75:1.00 Seventh Quarter 4.50:1.00 Eighth Quarter 4.25:1.00 Ninth Quarter 4.00:1.00 Tenth Quarter 4.00:1.00 Eleventh Quarter 3.75:1.00 Twelfth Quarter 3.75:1.00 Thirteenth Quarter 3.75:1.00 Fourteenth Quarter 3.75:1.00 Fifteenth Quarter 3.75:1.00 Sixteenth Quarter 3.75:1.00 Seventeenth Quarter 3.75:1.00 Eighteenth Quarter 3.75:1.00 Nineteenth Quarter 3.50:1.00 Twentieth Quarter 3.25:1.00 Twenty-first Quarter 3.00:1.00 Twenty-second Quarter 2.75:1.00 Twenty-third Quarter and each Fiscal Quarter Thereafter 2.50:1.00"
CONSOLIDATED TOTAL FUNDED DEBT TO EBITDA RATIO. Maintain a ratio of (i) Total Funded Debt to (ii) EBITDA as at the last day of each fiscal quarter of the Borrower of not more than the ratios set forth below (calculated on the basis of the cumulative aggregate amounts for the immediately preceding four full fiscal quarters):
CONSOLIDATED TOTAL FUNDED DEBT TO EBITDA RATIO. Maintain as of the last day of each fiscal quarter of the Borrower a ratio of (i) Consolidated Total Funded Debt to (ii) EBITDA for the most recently completed four fiscal quarters of the Borrower of not more than the ratio set forth below: Four Fiscal Quarters ending on: Ratio ------------------------------- ----- June 30, 1998 3.25 September 30, 1998 3.25 December 31, 1998 3.25 March 31, 1999 3.25 June 30, 1999 3.25 September 30, 1999 3.25 December 31, 1999 3.25 March 31, 2000 3.00 June 30, 2000 3.00 September 30, 2000 3.00 December 31, 2000 3.00 March 31, 2001 2.75 June 30, 2001 2.75 September 30, 2001 2.75 December 31, 2001 2.75 March 31, 2002 2.75 June 30, 2002 2.75 September 30, 2002 2.75 December 31, 2002 2.75 March 31, 2003 2.75 June 30, 2003 2.75
CONSOLIDATED TOTAL FUNDED DEBT TO EBITDA RATIO. The Borrower shall not permit the Consolidated Total Funded Debt to EBITDA Ratio to exceed: (i) as
CONSOLIDATED TOTAL FUNDED DEBT TO EBITDA RATIO. As of any date of determination the ratio of (a) Consolidated Total Funded Debt as of such date of determination to (b) Consolidated EBITDA for the four Fiscal Quarter period ending on such date of determination.
CONSOLIDATED TOTAL FUNDED DEBT TO EBITDA RATIO for Fiscal Quarter ending on __________ __, 20__
A. Consolidated Total Funded Debt as of such date: $
B. Consolidated EBITDA for the four Fiscal Quarter period ending on such date of determination:
1. See Line I.M: $
C. Consolidated Total Funded Debt to EBITDA Ratio
1. Ratio of Line IV.A to Line IV.B.1: [______]:1.00
CONSOLIDATED TOTAL FUNDED DEBT TO EBITDA RATIO. The Borrower shall at all times maintain a ratio of Consolidated Total Funded Debt to EBITDA of not greater than 0.7 to 1.0 as determined at the end of each fiscal quarter for the four consecutive fiscal quarters then ending.
