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: Supplemental Agreement (Safe Bulkers, Inc.), Credit Facility Agreement (Safe Bulkers, Inc.), Safe Bulkers, Inc.
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
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
Samples: Safe Bulkers, Inc.