Common use of Debt to EBITDA Clause in Contracts

Debt to EBITDA. Maintain a debt to annualized EBITDA (defined as net profit before total interest expense, taxes, depreciation and amortization) not to exceed 3.0 to 1.

Appears in 2 contracts

Sources: Business Loan Agreement (U.S. Auto Parts Network, Inc.), Business Loan Agreement (U.S. Auto Parts Network, Inc.)

Debt to EBITDA. Maintain Borrower shall maintain a funded debt to annualized EBITDA (defined as net profit earnings before total interest expense, taxes, depreciation and amortization) not to exceed 3.0 3.50 to 1.1.00;

Appears in 1 contract

Sources: Loan Agreement (U.S. Auto Parts Network, Inc.)