Debt to EBITDARS Sample Clauses

Debt to EBITDARS. Maintain at all times a Debt to EBITDARS Ratio, on a consolidated basis, no greater than the following ratios for the following periods, reported at the end of each Fiscal Quarter: 6/28/2013 through and including 12/27/2013 < 3.25 to 1.00 12/28/2013 through and including 3/28/2014 < 3.00 to 1.00 3/29/2014 and thereafter < 2.75 to 1.00”
Sample 1See All (4)
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Debt to EBITDARS. Maintain at all times a Debt to EBITDARS Ratio, on a consolidated basis, no greater than 3.75 to 1.00, reported at the end of each Fiscal Quarter commencing with the Fiscal Quarter ending June 30, 2008.
Sample 1
Debt to EBITDARS. Maintain at all times a Debt to EBITDARS Ratio, on a consolidated basis, no greater than the following ratios for the following periods, reported at the end of each Fiscal Quarter: Closing Date through and including 9/29/2010 < 3.50 to 1.00 9/30/2010 through and including 9/29/2011 < 3.00 to 1.00 9/30/2011 and thereafter <2.50 to 1.00 For purposes of calculating the Borrower’s consolidated ratios, EBITDARS related to GTC for the period December 26, 2008 through December 26, 2009 shall be added to Borrower’s EBITDARS excluding GTC at a rate of $870,000 per Fiscal Quarter for each of the four Fiscal Quarters in the period.
Sample 1
Debt to EBITDARS. Maintain at all times a Debt to EBITDARS Ratio, on a consolidated basis, no greater than the following ratios for the following periods, reported at the end of each Fiscal Quarter: Fourth Amendment Effective Date through and including 3/27/2014 < 4.50 to 1.00 3/28/2014 through and including 6/26/2014 < 3.50 to 1.00 6/27/2014 through and including 9/29/2014 < 3.25 to 1.00 9/30/2014 and thereafter < 2.75 to 1.00”
Sample 1
Debt to EBITDARS. Maintain at all times a Debt to EBITDARS Ratio, on a consolidated basis, no greater than the following ratios for the following periods, reported at the end of each Fiscal Quarter: Closing Date through and including 9/29/2010 < 3.50 to 1.00 9/30/2010 through and including 9/29/2011 < 3.00 to 1.00 9/30/2011 and thereafter <2.50 to 1.00 For purposes of the Closing Date ratio, EBITDARS related to GTC shall be calculated using year-to-date EBITDARS through October 31, 2009, annualized, but not to exceed $3,480,000 (the pre-Closing Date pro forma estimated EBITDARS for GTC for Fiscal Year 2009).
Sample 1
Debt to EBITDARS. Commencing with the Fiscal Quarter ending June 25, 2015, maintain at all times a Debt to EBITDARS Ratio, on a consolidated basis, no greater than the following ratios for the following periods, reported at the end of each Fiscal Quarter: 3/28/15 through and including 6/26/15 < 5.75 to 1.00 6/27/15 through and including 9/30/15 < 5.75 to 1.00 10/1/15 through and including 12/25/15 < 5.50 to 1.00 12/26/15 through and including 3/25/16 < 5.00 to 1.00 3/26/16 through and including 6/24/16 < 4.50 to 1.00 6/25/16 through and including 9/30/16 < 4.00 to 1.00 10/1/16 and thereafter < 3.50 to 1.00”
Sample 1
Debt to EBITDARS. Maintain at all times a Debt to EBITDARS Ratio, on a consolidated basis, no greater than the following ratios for the following periods, reported at the end of each Fiscal Quarter: Closing Date through and including 9/29/2011 < 3.50 to 1.00 9/30/2011 through and including 9/29/2012 < 3.25 to 1.00 9/30/2012 through and including 9/29/2013 < 3.00 to 1.00 9/30/2013 and thereafter <2.75 to 1.00 For purposes of calculating the Borrower’s consolidated Debt to EBITDARS ratio from and after the date of this Agreement for periods ending on or before October 1, 2011, EBITDARS related to SCB for the period December 26, 2009 through December 31, 2010 shall be added to Borrower’s EBITDARS at a rate of $1,592,000 per Fiscal Quarter for each of the four Fiscal Quarters in the period.
Sample 1
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Debt to EBITDARS. Maintain a Debt to EBITDARS Ratio, on a consolidated basis, no greater than 4.0 to 1.00, reported at the end of the Fiscal Quarter ending June 30, 2008. Thereafter, maintain at all times a Debt to EBITDARS Ratio, on a consolidated basis, no greater than 3.75 to 1.00, reported at the end of each Fiscal Quarter commencing with the Fiscal Quarter ending September 30, 2008.
Sample 1

Related to Debt to EBITDARS

  • Debt to EBITDA Ratio Maintain, as of the end of each fiscal quarter, a ratio of (i) Debt, excluding Debt in respect of Hedge Agreements, as of such date to (ii) Consolidated EBITDA of the Company and its Consolidated Subsidiaries for the period of four fiscal quarters most recently ended, of not greater than 4.0 to 1.0.

  • Ratio of Total Debt to EBITDAX The Borrower will not, at any time, permit its ratio of Total Debt as of such time to EBITDAX for the four fiscal quarters ending on the last day of the fiscal quarter immediately preceding the date of determination for which financial statements are available to be greater than 3.5 to 1.0.

  • Funded Debt to EBITDA Section 10.2 of the Loan Agreement is hereby amended and restated in its entirety to read as follows:

  • Total Debt to EBITDA Ratio The Total Debt to EBITDA Ratio will not exceed 4.0 to 1.0 at the end of any fiscal quarter.

  • Funded Debt to EBITDA Ratio A. Funded Debt

  • Senior Debt to EBITDA Ratio Not permit the Senior Debt to EBITDA Ratio to be greater than 2.15 to 1.00 as of the end of the Company’s fiscal quarter ending on or about December 31, 2004 or the end of any fiscal quarter thereafter; such ratio to be determined in accordance with GAAP using the ratio of Senior Debt as of the end of such fiscal quarter to EBITDA for the period of four consecutive fiscal quarters of the Company then ending.

  • Debt to Equity Ratio The Lender shall have received from the Borrower a certificate demonstrating that the ratio of the Borrower's Adjusted Indebtedness to the Borrower's Net Assets, taking into account the requested Loan and the assets, if any, to be acquired by the Borrower with the proceeds of such Loan, shall not exceed 4-to-1.

  • Debt to Worth Ratio To maintain at all times, on a consolidated basis, a ratio of Total Liabilities to Tangible Net Worth not exceeding 1.10 to 1.00.

  • Cash Flow Coverage Ratio The ratio of (a) the Borrower's Cash Flow to (b) the sum of (i) the Borrower's consolidated Interest Expense plus (ii) the Borrower's scheduled payments of principal (including the principal component of Capital Leases) to be paid during the 12 months following any date of determination shall at all times exceed (1) 1.5 to 1.0. Compliance with the ratio will be tested as of the last day of each month, with Cash Flow and Interest Expense being calculated for the twelve months then ended.

  • Leverage Ratios Notwithstanding anything to the contrary contained herein, for purposes of calculating any leverage ratio herein in connection with the incurrence of any Indebtedness, (a) there shall be no netting of the cash proceeds proposed to be received in connection with the incurrence of such Indebtedness and (b) to the extent the Indebtedness to be incurred is revolving Indebtedness, such incurred revolving Indebtedness (or if applicable, the portion (and only such portion) of the increased commitments thereunder) shall be treated as fully drawn.

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