Common use of EBITDA to Fixed Charges Clause in Contracts

EBITDA to Fixed Charges. Permit the ratio of EBITDA to Fixed Charges to be less than 2.0 to 1.0. Compliance with this covenant shall be calculated on a rolling four (4) quarter basis and shall be tested as of the last day of each fiscal quarter of Borrower.

Appears in 2 contracts

Samples: Assignment and Assumption (Wci Communities Inc), Credit Agreement (Wci Communities Inc)

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EBITDA to Fixed Charges. Permit Borrower will not permit the ratio of EBITDA to Fixed Charges to be less than 2.0 2 to 1.01. Compliance with this covenant shall be calculated on a rolling four (4) quarter basis and shall be tested as of the last day of each fiscal quarter of BorrowerFiscal Quarter.

Appears in 1 contract

Samples: Senior Unsecured Revolving Credit Agreement (Wci Communities Inc)

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EBITDA to Fixed Charges. Permit the ratio of EBITDA to Fixed Charges to be less than 2.0 to 1.0. Compliance with this covenant shall be calculated on a rolling four (4) quarter basis and shall be tested as of the last day of each fiscal quarter of Borrower.,

Appears in 1 contract

Samples: Senior Term Loan Agreement (Wci Communities Inc)

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