Funded Debt Ratio. Permit the Funded Debt Ratio, as of the last day of any Fiscal Quarter, to be greater than the ratio set forth below opposite such Fiscal Quarter or the period during which such Fiscal Quarter ends: Period/Fiscal Quarter Maximum Ratio December 31, 2002 3.50:1.00 March 31, 2003 2.60:1.00 June 30, 2003 2.50:1.00 September 30, 2003 2.00:1.00 December 31, 2003 through March 31, 2004 1.75:1.00 April 1, 2004 through December 31, 2004 1.50:1.00
Funded Debt Ratio. Maintain its Funded Debt Ratio at not greater than (a) 3.75 to 1.00 at each fiscal quarter ending through and including December 31, 2003, (b) 3.50 to 1.00 as of March 31, 2004 and June 30, 2004, (c) 3.00 to 1.00 as of September 30, 2004, (b) 2.50 to 1.00 as of December 31, 2004 and at each fiscal quarter ending thereafter through and including September 30, 2005, and (c) 2.00 to 1.00 as of December 31, 2005 and as of each fiscal quarter ending thereafter.
Funded Debt Ratio. 52 SECTION 9.13.
Funded Debt Ratio. The Company shall not permit or suffer the ratio of Funded Debt to Total Capitalization to exceed at any time 0.55 to 1.0.
Funded Debt Ratio. The Borrower shall maintain a ratio of ----------------- the Borrower's total Indebtedness for Borrowed Money as at the last day of each calendar quarter to total earnings for the last four consecutive complete calendar quarters (before interest, taxes, depreciation and amortization and excluding any extraordinary gains or losses) of not more than 2.5:1.
Funded Debt Ratio. The Borrower will not permit Total Funded Indebtedness as of the last day of any Test Period to exceed 65% of the sum of Total Adjusted Shareholders’ Equity and Total Funded Indebtedness, in each case, as of the last day of such Test Period.
Funded Debt Ratio. The Borrower will not permit the Funded Debt Ratio as of the end of any fiscal quarter to be greater than 4.75 to 1.00; provided, however, that for a period of up to two consecutive fiscal quarters (an "Increased Funded Debt Period") within any twelve-month period commencing on the date hereof, the Funded Debt Ratio may exceed 4.75 to 1.00 but shall in no event exceed 5.00 to 1.00; provided, further, that no Increased Funded Debt Period shall occur sooner than two fiscal quarters following any other Increased Funded Debt Period.
Funded Debt Ratio. Permit the Funded Debt Ratio of the Borrower as calculated for the Borrower and its Subsidiaries at the end of each fiscal quarter on a rolling four quarter basis to exceed 2.50 to 1.00.
Funded Debt Ratio. Section 8.13 of the Credit Agreement shall be amended in its entirety to read as follows:
Funded Debt Ratio. The Borrower will not permit the Funded Debt Ratio as of the end of any fiscal quarter to be greater than 5.00 to 1.00 (the “Required Threshold”),
