Funded Debt to Adjusted EBITDA Ratio. Not permit the Funded Debt to Adjusted EBITDA Ratio as of the last day of any Computation Period to exceed the applicable ratio set forth below: COMPUTATION FUNDED DEBT TO PERIOD ENDING: ADJUSTED EBITDA RATIO -------------- --------------------- Effective Date through 12/31/00 4.50 to 1.0 1/01/01 through 12/31/01 4.25 to 1.0 1/01/02 through 12/31/02 4.00 to 1.0 1/01/03 through 12/31/03 3.75 to 1.0 1/01/04 and thereafter 3.50 to 1.0.
Funded Debt to Adjusted EBITDA Ratio. Borrower shall not permit its Funded Debt to Adjusted EBITDA Ratio, tested as of the last day of each calendar quarter hereafter, to exceed (i) 1.75 to 1.0 as of September 30, 2012, or (ii) 1.50 to 1.0 as of December 31, 2012, or as of the last day of any calendar quarter thereafter.
Funded Debt to Adjusted EBITDA Ratio. Not permit the Funded Debt to Adjusted EBITDA Ratio of any Computation Period, as measured on the last day of each Fiscal Quarter, to exceed (i) 2.75 to 1.00 for such Computation Period on June 30, 2007, September 30, 2007 and December 31, 2007, (ii) 2.50 to 1.00 for such Computation Period on March 31, 2008, June 30, 2008, September 30, 2008 and December 31, 2008 and (iii) 2.25 to 1.00 for such Computation Period on March 31, 2009 and on the last day of each Fiscal Quarter thereafter.
Funded Debt to Adjusted EBITDA Ratio. Not permit the Funded Debt to Adjusted EBITDA Ratio as of the last day of any month to be greater than the applicable ratio set forth below: Measurement Date Maximum Ratio March 31, 2003 5.44 to 1.0 April 30, 2003 6.15 to 1.0 May 30, 2003 6.37 to 1.0 June 30, 2003 7.03 to 1.0 July 31, 2003 6.58 to 1.0 .” U S Liquids Inc. March 31, 2003 Page 3
Funded Debt to Adjusted EBITDA Ratio. To maintain on a consolidated basis a ratio of Funded Debt to Adjusted EBITDA not exceeding 2.75:1.00.
Funded Debt to Adjusted EBITDA Ratio. The Funded Debt to Adjusted EBITDA Ratio is less than 3.0:1.00; provided however that for the first two fiscal quarters immediately following a Material Acquisition, the Borrower will ensure that the Funded Debt to Adjusted EBITDA Ratio is less than 3.5:1.00 at the end of each such fiscal quarter.
Funded Debt to Adjusted EBITDA Ratio. To maintain on a consolidated basis a ratio of Funded Debt to Adjusted EBITDA as of the end of each fiscal quarter and each fiscal year not exceeding as follows: For all Times During the Following Period of Time Ratio Closing of Loan — December 30, 2009 2.00:1.00 December 31, 2009 — December 30, 2010 1.75:1.00 All times from and after December 31, 2010 1.50:1.00
Funded Debt to Adjusted EBITDA Ratio. Borrowers will at all times maintain a ratio of Funded Debt to Adjusted EBITDA of not greater than 2.75 to 1.00. The Funded Debt to Adjusted EBITDA Ratio shall be computed for the Borrowers on a consolidated basis and shall be tested monthly on a rolling twelve month basis.”
Funded Debt to Adjusted EBITDA Ratio. 49 10.6.4 Senior Funded Debt to Adjusted EBITDA Ratio.. 50 10.6.5 Debt to Capitalization Ratio................. 50 10.6.6 Capital Expenditures......................... 50 10.7
Funded Debt to Adjusted EBITDA Ratio. The Borrower will not permit the Funded Debt to Adjusted EBITDA Ratio, determined for the trailing twelve month period ending on each fiscal quarter end, to exceed 2.00 to 1.00.
