Common use of Debt to Consolidated EBITDA Clause in Contracts

Debt to Consolidated EBITDA. The Company will not permit the ratio of Consolidated Debt as of any date to Consolidated EBITDA for the period of four consecutive fiscal quarters ended on such date (or, if such date is not the last day of a fiscal quarter of the Company, then for the period of four consecutive fiscal quarters of the Company most recently ended prior to such date) to exceed 4.00 to 1.00.

Appears in 2 contracts

Samples: Credit Agreement (L Brands, Inc.), Under the Credit Agreement (L Brands, Inc.)

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Debt to Consolidated EBITDA. The Company Borrower will not permit the ratio of Consolidated Debt as of any date to Consolidated EBITDA for the period of four consecutive fiscal quarters ended on such date (or, if such date is not the last day of a fiscal quarter of the CompanyBorrower, then for the period of four consecutive fiscal quarters of the Company Borrower most recently ended prior to such date) to exceed 4.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Limited Brands Inc)

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Debt to Consolidated EBITDA. The Company will not permit the ratio of Consolidated Debt as of any date to Consolidated EBITDA for the period of four consecutive fiscal quarters ended on such date (or, if such date is not the [[NYCORP:3477056v9:3104W: 07/18/2014--12:20 AM]] last day of a fiscal quarter of the Company, then for the period of four consecutive fiscal quarters of the Company most recently ended prior to such date) to exceed 4.00 to 1.00.

Appears in 1 contract

Samples: Restatement Agreement (L Brands, Inc.)

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