Debt to EBITDA. ratio The ratio of Debt to EBITDA on a trailing twelve (12) month’s basis shall not at any time exceed 5.5:1.
Appears in 5 contracts
Samples: Secured Reducing Revolving Multi Currency Credit Facility Agreement (Safe Bulkers, Inc.), Secured Reducing Revolving Multi Currency Credit Facility Agreement (Safe Bulkers, Inc.), Guarantee and Indemnity (Safe Bulkers, Inc.)
Debt to EBITDA. ratio The ratio of Debt to EBITDA on a trailing twelve (12) month’s basis shall not at any time exceed 5.5:15,5:1.
Appears in 1 contract
Debt to EBITDA. ratio RATIO The ratio of Debt to EBITDA on a trailing twelve (12) month’s 's basis shall not at any time exceed 5.5:1.
Appears in 1 contract
