Common use of Debt Ratio Clause in Contracts

Debt Ratio. Not permit, as of the end of any fiscal quarter, the ratio of the Borrower's Funded Debt as of such date to its EBITDAR for the four immediately preceding fiscal quarters to exceed 3:1.

Debt Ratio. Not permit, as of the end of any fiscal quarter, the ratio of the Borrower's Funded Debt as of such date to its EBITDAR EBITDA for the four immediately preceding fiscal quarters to exceed 3:1.