Funded Debt Ratio. Borrower shall maintain as of the last day of each fiscal quarter a Funded Debt Ratio (as defined in Schedule II) of not greater than 3.00:1.00.
Appears in 2 contracts
Samples: Credit Agreement (Columbia Sportswear Co), Credit Agreement (Columbia Sportswear Co)
Funded Debt Ratio. Borrower shall maintain a Funded Debt Ratio, calculated on a consolidated basis, of not greater than 3.25 to 1.00, determined as of the last day of each fiscal quarter a Funded Debt Ratio (as defined in Schedule II) of not greater than 3.00:1.00quarter.
Appears in 1 contract
Funded Debt Ratio. Borrower shall maintain as of the last day of each fiscal quarter a Funded Debt Ratio (as defined in Schedule II) of not greater than 3.00:1.003.50:1.00.
Appears in 1 contract
Funded Debt Ratio. Borrower shall maintain a Funded Debt Ratio, calculated on a consolidated basis, of not greater than 3.25 to 1.00, determined as of the last day of each fiscal quarter a Funded Debt Ratio quarter, for the fiscal quarters ending (as defined in Schedule IIa) of not greater than 3.00:1.00June 30, 2020 and (b) March 31, 2021 and thereafter.
Appears in 1 contract
