EBITDA Leverage Ratio Sample Clauses

EBITDA Leverage Ratio. Permit the EBITDA Leverage Ratio of the Parent and its Subsidiaries for any period of 4 consecutive fiscal quarters of the Parent and its Subsidiaries for which the last quarter ends on a date set forth below to be greater than the ratio set forth opposite such date: Fiscal Quarter End EBITDA Leverage Ratio May 31, 2023 and each fiscal quarter thereafter 2.00:1.00 103
Sample 1
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EBITDA Leverage Ratio. Obligor will not permit its EBITDA Leverage Ratio as of the end of any fiscal quarter of Obligor (calculated quarterly at the end of each fiscal quarter) to be greater than the amount set forth in the table below on the applicable date. For the purposes of this Section 7.10, "EBITDA Leverage Ratio" shall mean the ratio of (i) difference of Funded Debt minus cash and cash equivalents of Obligor on a consolidated basis to (ii) EBITDA for the four fiscal quarters ending on such date; provided that (A) EBITDA for the period ending on June 30, 1998 shall equal the product of EBITDA for the six-month period ending on such date times 2 and (B) EBITDA for the period ending on September 30, 1998 shall equal the product of EBITDA for the nine-month period ending on such date times 1.33. EBITDA Period Leverage Ratio
Sample 1
EBITDA Leverage Ratio. As at the end of each fiscal quarter specified below, the Borrower and its Subsidiaries, on a Consolidated basis, shall maintain an EBITDA Leverage Ratio of no more than the ratio specified below for such fiscal quarter: Fiscal Quarters Ending. EBITDA Leverage Ratio Closing Date through 11/30/08 5.45:1.00 12/1/08 through 11/30/09 5.10:1.00 12/1/09 through 11/30/10 4.30:1.00 12/1/10 through 11/30/12 3.80:1.00 12/1/12 and thereafter 3.75:1.00 This covenant shall be tested as at the end of each fiscal quarter.
Sample 1
EBITDA Leverage Ratio. (Section 6.3.2) (Tested as at the end of each fiscal quarter) Average Indebtedness minus Actual Value of Operating Leases minus Obligations under Synthetic Leases for the four fiscal quarters then ending EBITDA for such four fiscal quarter period then ending Ratio no more than Capital Expenditures (Section 6.4) (Tested as at the end of each fiscal year) Expenditures for fixed or capital assets Expenditures in respect of Synthetic Leases Capital Expenditure amount no more than plus, if applicable, permitted carry over amount Operating Lease Expense (Section 6.5) (Tested as at the end of each fiscal quarter) Operating Lease Expense amount for the four fiscal quarters then ending No more than $7,500,000 Annexed hereto as Annex 1 are calculations supporting the figures reported above.
Sample 1
EBITDA Leverage Ratio. The Obligor will not permit its EBITDA Leverage Ratio as of the end of any fiscal quarter of the Obligor (calculated quarterly at the end of each fiscal quarter) (x) ending on or before December 31, 1999, to be greater than 3.75:1.00 and (y) ending thereafter, to be greater than 3.25:1.00. For purposes of this Section 7.10, "EBITDA Leverage Ratio" shall mean the ratio of (i) the difference of Funded Debt minus cash and cash equivalents of the Obligor on a consolidated basis to (ii) EBITDA for the four fiscal quarters ending on such date; provided that (A) EBITDA for the period ending on June 30, 1998 shall equal the product of EBITDA for the six-month period ending on such date times 2 and (B) EBITDA for the period ending on September 30, 1998 shall equal the product of EBITDA for the nine-month period ending on such date times 1.33. 7. Section 9 of the L/C Agreement is hereby amended by deleting the definitions of "Maturity Date" and "Permitted Project Debt" appearing therein and inserting the following new definitions, respectively, in lieu thereof:
Sample 1
EBITDA Leverage Ratio. EBITDA was $_____________ and the Leverage --------------------- Ratio was _____ to 1.00, as computed on Attachment 1 hereto. The minimum ------------ EBITDA permitted pursuant to Section 8.12(d) of the Credit Agreement on the Computation Date is $62,000,000 and, accordingly, the aforementioned requirement of such subsection (d) has [not] been satisfied. The maximum Leverage Ratio permitted pursuant to Section 8.12(a) of the Credit Agreement on the Computation Date is 3.20 to 1.00 and, accordingly, the aforementioned requirement of such subsection (a) has [not] been satisfied. provided that the Company shall only be required to deliver a Compliance Certificate so amended for the fiscal quarter ending December 31, 2000 and thereafter.
Sample 1
EBITDA Leverage Ratio. Holdings will not permit its EBITDA Leverage Ratio as of the end of any fiscal quarter of Holdings (calculated quarterly at the end of each fiscal quarter) to be greater than 3.75:1.00. For purposes of this Section 7.10, "EBITDA Leverage Ratio" shall mean the ratio of (i) the difference of Funded Debt minus cash and cash equivalents of Holdings on a consolidated basis to (ii) EBITDA for the four fiscal quarters ending on such date; provided that (A) EBITDA for the period ending on June 30, 1998 shall equal the product of EBITDA for the six-month period ending on such date times 2 and (B) EBITDA for the period ending on September 30, 1998 shall equal the product of EBITDA for the nine-month period ending on such date times 1.33. 5. Section 9 of the Credit Agreement is hereby amended by deleting the definitions of "Eurodollar Margin" and "Permitted Project Debt" appearing therein and inserting the following new definitions, respectively, in lieu thereof:
Sample 1
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EBITDA Leverage Ratio. The Borrower will not permit its EBITDA Leverage Ratio as of the end of any fiscal quarter of the Borrower (calculated quarterly at the end of each fiscal quarter) to be greater than the amount set forth in the table below on the applicable date. For the purposes of this Section 6.10, "EBITDA Leverage Ratio" shall mean the ratio of (i) difference of Funded Debt minus cash and cash equivalents of the Borrower on a consolidated basis to (i) EBITDA for the four fiscal quarters ending on such date; provided that (A) EBITDA for the period ending on June 30, 1998 shall equal the product of EBITDA for the six-month period ending on such date times 2 and (B) EBITDA for the period ending on September 30, 1998 shall equal the product of EBITDA for the nine-month period ending on such date times 1.33. ------------------------------------------------------ Period EBITDA Leverage Ratio ------------------------------------------------------ 6/30/98 thru 6/30/99 3.00x ------------------------------------------------------ 7/1/99 thru 12/31/99 2.50x ------------------------------------------------------ 1/1/00 and thereafter 2.00x ------------------------------------------------------
Sample 1

Related to EBITDA Leverage Ratio

  • Net Leverage Ratio Subject to the proviso set forth in Section 10.3, the Company will not permit the Consolidated Net Leverage Ratio at any time during any period of four consecutive fiscal quarters of the Company to be greater than (a) 3.50 to 1.00 or (b) during an Acquisition Holiday Period, 4.00 to 1.00.

  • Cash Flow Leverage Ratio The Borrower will not permit the Cash Flow Leverage Ratio on the last day of any fiscal quarter to exceed 3.50 to 1.00.

  • Maximum Leverage Ratio As of the last day of each fiscal quarter, the Borrower shall not permit the ratio (the "Leverage Ratio") of (i) Consolidated Funded Indebtedness to (ii) EBITDA of the Borrower and its Subsidiaries, as at the end of and for the period of four consecutive fiscal quarters ending on such day, to be greater than (i) 2.00 to 1.00.

  • Adjusted Leverage Ratio The Borrower shall not permit the Adjusted Leverage Ratio as at the end of any Fiscal Quarter to be greater than the following for the respective periods set forth below: Period Adjusted Leverage Ratio Closing Date to and including March 27, 2004 3.75:1.00 March 28, 2004 to and including June 26, 2004 4.75:1.00 June 27, 2004 to and including July 2, 2005 5.60:1:00 July 3, 2005 and any time thereafter 5.25:1.00

  • Total Leverage Ratio The Company will not permit the Leverage Ratio as of the last day of any fiscal quarter ending during any period set forth below to exceed the ratio set forth opposite such period: Period Ratio October 1, 2002 through and including December 31, 2002 6.85 to 1.00 January 1, 2003 through and including March 31, 2003 7.50 to 1.00 April 1, 2003 through and including September 30, 2003 7.75 to 1.00 October 1, 2003 through and including December 31, 2003 7.25 to 1.00 January 1, 2004 through and including December 31, 2004 6.50 to 1.00 January 1, 2005 and thereafter 4.00 to 1.00

  • Total Net Leverage Ratio The Borrower will not permit the Total Net Leverage Ratio as of the end of any Fiscal Quarter to exceed 3.50 to 1.00.

  • Maximum Total Leverage Ratio Permit the Total Leverage Ratio as of the end of any fiscal quarter ending on or after September 30, 2006, to be greater than the ratio set forth below opposite the fiscal quarter end: Fiscal Quarter Ending Ratio on or prior to December 31, 2008 6.50 to 1.0 thereafter but on or prior to December 31, 2010 6.00 to 1.0 after December 31, 2010 5.50 to 1.0

  • Leverage Ratio The Borrower will not permit the Leverage Ratio to exceed 4.50 to 1.0 on the last day of any Fiscal Quarter.

  • Maximum Senior Leverage Ratio Borrower and its Subsidiaries on a consolidated basis shall have, at the end of each Fiscal Quarter set forth below, a Senior Leverage Ratio as of the last day of such Fiscal Quarter and for the 12-month period then ended of not more than the following:

  • Consolidated Leverage Ratio Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 2.50 to 1.0.

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