Debt/Adjusted EBITDA Ratio Sample Clauses

Debt/Adjusted EBITDA Ratio. Section 6.09 of the Credit Agreement is amended in its entirety to read as follows:
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Debt/Adjusted EBITDA Ratio. The Debt/Adjusted EBITDA Ratio shall not exceed the following amounts as of the ends of fiscal quarters of the Borrower ending nearest to the following dates: -------------------------------------------------------------------------------------------------- Fiscal Quarter Debt/Adjusted EBITDA Ratio Ending -------------------------------------------------------------------------------- Nearest to 1998 1999 2000 2001 2002 2003 2004 2005 -------------------------------------------------------------------------------------------------- March 31 4.25 3.50 3.25 2.75 2.00 2.00 2.00 -------------------------------------------------------------------------------------------------- June 30 4.25 3.50 3.25 2.75 2.00 2.00 2.00 -------------------------------------------------------------------------------------------------- September 30 4.25 4.25 3.50 3.25 2.75 2.00 2.00 2.00 -------------------------------------------------------------------------------------------------- December 31 4.25 3.50 3.25 2.75 2.00 2.00 2.00 2.00 -------------------------------------------------------------------------------------------------- and thereafter, 2.00.
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Debt/Adjusted EBITDA Ratio. The Debt/Adjusted EBITDA Ratio shall not exceed the following amounts as of the ends of fiscal quarters of the Borrower ending nearest to the following dates:
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Debt/Adjusted EBITDA Ratio. Reserved.
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Debt/Adjusted EBITDA Ratio. The Debt/Adjusted EBITDA Ratio shall not exceed the following amounts as of the ends of fiscal quarters of the Borrower ending nearest to the following dates: Fiscal Quarter Ending Nearest to Debt/Adjusted EBITDA Ratio 1998 1999 2000 2001 2002 2003 2004 2005 March 31 4.25 3.50 3.25 2.85 2.25 2.00 2.00 June 30 4.25 3.50 3.25 2.85 2.25 2.00 2.00 September 30 4.25 4.25 3.50 3.25 2.85 2.00 2.00 2.00 December 31 4.25 3.50 3.25 2.75 2.25 2.00 2.00 2.00 and thereafter, 2.00.
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Debt/Adjusted EBITDA Ratio. The Borrower will not permit, as of any date during any period set forth below, the ratio of (a) the total amount of Debt of the Borrower and the consolidated Subsidiaries as of such date to (b) Adjusted EBITDA for the period of four fiscal quarters (including with respect to any fiscal quarter of the Borrower ending on or before September 30, 2000 such pro forma adjustments as may be necessary to reflect CCS's results of operations for periods ended prior to July 29, 1999) most recently ended as of such date for which financial statements have been delivered under Section 5.04(a) or (b) (the "DEBT/ADJUSTED EBITDA RATIO") to be in excess of the ratio set forth below opposite the period in which such date occurs: DATE RATIO ---- ----- December 16, 1999 through June 29, 2000 5.00 to 1.00 June 30, 2000 through December 30, 2000 4.75 to 1.00 December 31, 2000 through March 31, 2001 4.50 to 1.00 April 1, 2001 through June 30, 2001 4.50 to 1.00 July 1, 2001 through December 30, 2001 4.25 to 1.00 December 31, 2001 through December 30, 2002 3.75 to 1.00 December 31, 2002 through December 30, 2003 3.50 to 1.00 December 31, 2003 through December 30, 2004 2.50 to 1.00 December 31, 2004 and thereafter 2.00 to 1.00
Sample 1
Debt/Adjusted EBITDA Ratio. The Debt/Adjusted EBITDA Ratio shall not exceed the following amounts as of the ends of fiscal quarters of the Borrower ending nearest to the following dates: Fiscal Quarter Debt/Adjusted EBITDA Ratio Ending Nearest -------------------------------------------------------------------------------------------- to 1998 1999 2000 2001 2002 2003 2004 -------------------------------------------------------------------------------------------- March 31 6.40:1.00 5.60:1.00 4.90:1.00 3.75:1.00 3.50:1.00 3:50:1.00 June 30 6.75:1:00 6.40:1.00 6.00:1.00 4.50:1.00 3.75:1.00 3.50:1.00 September 30 6.75:1:00 6.20:1.00 5.50:1.00 4.25:1.00 3.75:1.00 3.50:1.00 December 31 6.40:1.00 6.00:1.00 5.25:1.00 4.00:1.00 3.50:1.00 3.50:1.00 -------------------------------------------------------------------------------------------- and thereafter, 3.50:1.00.
Sample 1
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Related to Debt/Adjusted EBITDA Ratio

  • Funded Debt to EBITDA Ratio A. Funded Debt

  • Adjusted EBITDA The 2019 adjusted EBITDA for the Affiliated Club Sellers shall total an aggregate of not less than $10,700,000.

  • Total Debt to EBITDA Ratio The Total Debt to EBITDA Ratio will not exceed 4.0 to 1.0 at the end of any fiscal quarter.

  • Debt to EBITDA Ratio Maintain, as of the end of each fiscal quarter, a ratio of (i) Debt, excluding Debt in respect of Hedge Agreements, as of such date to (ii) Consolidated EBITDA of the Company and its Consolidated Subsidiaries for the period of four fiscal quarters most recently ended, of not greater than 4.0 to 1.0.

  • Consolidated EBITDA With respect to any period, an amount equal to the EBITDA of REIT and its Subsidiaries for such period determined on a Consolidated basis.

  • Funded Debt to EBITDA Section 10.2 of the Loan Agreement is hereby amended and restated in its entirety to read as follows:

  • Minimum Consolidated Adjusted EBITDA The Borrowers will maintain, as of the last day of each Fiscal Quarter commencing with the Fiscal Quarter ending December 31, 2009, Consolidated Adjusted EBITDA for the four Fiscal Quarters then ended of not less than $22,500,000.

  • Senior Debt to EBITDA Ratio Not permit the Senior Debt to EBITDA Ratio to be greater than 2.15 to 1.00 as of the end of the Company’s fiscal quarter ending on or about December 31, 2004 or the end of any fiscal quarter thereafter; such ratio to be determined in accordance with GAAP using the ratio of Senior Debt as of the end of such fiscal quarter to EBITDA for the period of four consecutive fiscal quarters of the Company then ending.

  • Minimum Consolidated EBITDA The Borrower will not permit Modified Consolidated EBITDA, for any Test Period ending at the end of any fiscal quarter of the Borrower set forth below, to be less than the amount set forth opposite such fiscal quarter: Fiscal Quarter Amount September 30, 1997 $36,000,000 December 31, 1997 $36,000,000 March 31, 1998 $36,000,000 June 30, 1998 $37,000,000 September 30, 1998 $37,000,000 December 31, 1998 $38,000,000 March 31, 1999 $38,000,000 June 30, 1999 $39,000,000 September 30, 1999 $40,000,000 December 31, 1999 $41,000,000 March 31, 2000 $41,000,000 June 30, 2000 $42,000,000 September 30, 2000 $43,000,000 December 31, 2000 $44,000,000 March 31, 2001 $44,000,000 June 30, 2001 $45,000,000 September 30, 2001 $46,000,000 December 31, 2001 $47,000,000 March 31, 2002 $47,000,000

  • Consolidated Total Net Leverage Ratio Permit the Consolidated Total Net Leverage Ratio on the last day of any fiscal quarter occurring during any period set forth below, to be greater than the ratio set forth below opposite such period: Period Maximum Consolidated Total Net Leverage Ratio Closing Date through and including September 30, 2014 7.25:1.00 December 31, 2014 through and including September 30, 2015 6.75:1.00 December 31, 2015 and thereafter 6.50:1.00

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