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.
Appears in 3 contracts
Samples: Execution (Consol Energy Inc), Senior Revolving Loan Agreement (Consol Energy Inc), Senior Revolving Loan Agreement (Consol Energy Inc)
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 2.5:13.25:1 until December 31, 2002 and 3.0:1 thereafter.
Appears in 2 contracts
Samples: Day Credit Agreement (Consol Energy Inc), Year Credit Agreement (Consol Energy Inc)
