Common use of Funded Debt to Adjusted EBITDA Ratio Clause in Contracts

Funded Debt to Adjusted EBITDA Ratio. Not permit the Funded Debt to Adjusted EBITDA Ratio as of the last date of any Computation Period to exceed the applicable ratio set forth below: Computation Funded Debt to Period Ending: Adjusted Ebitda Ratio: ------------- --------------------- June 30, 2001 6.00 to 1.0 September 30, 2001 through December 31, 2001 3.50 to 1.0 March 31, 2002 and thereafter 3.25 to 1.0."

Appears in 1 contract

Samples: Credit Agreement (U S Plastic Lumber Corp)

AutoNDA by SimpleDocs

Funded Debt to Adjusted EBITDA Ratio. Not permit the Funded Debt to Adjusted EBITDA Ratio as of the last date of any Computation Period to exceed the applicable ratio set forth below: Computation Funded Debt to Period Ending: Adjusted Ebitda EBITDA Ratio: ------------- --------------------- -------------- ---------------------- June 30, 2001 6.00 3.75 to 1.0 September 30, 2001 through December 31, 2001 3.50 to 1.0 March 31, 2002 and thereafter 3.25 to 1.0."

Appears in 1 contract

Samples: Credit Agreement (U S Plastic Lumber Corp)

Funded Debt to Adjusted EBITDA Ratio. Not permit the Funded Debt to Adjusted EBITDA Ratio as of the last date day of any Computation Period to exceed the applicable ratio set forth below: Computation Funded Debt to Period EndingCOMPUTATION FUNDED DEBT TO PERIOD ENDING: Adjusted Ebitda Ratio: ------------- ADJUSTED EBITDA RATIO -------------- --------------------- June 30, 2001 6.00 Effective Date through 12/31/00 4.50 to 1.0 September 30, 2001 1/01/01 through December 31, 2001 3.50 12/31/01 4.25 to 1.0 March 31, 2002 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 3.25 3.50 to 1.0."

Appears in 1 contract

Samples: Credit Agreement (Synagro Technologies Inc)

Funded Debt to Adjusted EBITDA Ratio. Not permit the Funded Debt to Adjusted EBITDA Ratio as of the last date day of any Computation Period to exceed the applicable ratio set forth below: Computation Funded Debt to Period EndingCOMPUTATION FUNDED DEBT TO PERIOD ENDING: Adjusted Ebitda Ratio: ------------- ADJUSTED EBITDA RATIO -------------- --------------------- June 30Effective Date through December 31, 2001 6.00 2000 3.75 to 1.0 September 30January 1, 2001 through December 31, 2001 3.50 to 1.0 March 31January 1, 2002 and thereafter 3.25 to 1.0."

Appears in 1 contract

Samples: Credit Agreement (U S Plastic Lumber Corp)

AutoNDA by SimpleDocs

Funded Debt to Adjusted EBITDA Ratio. Not permit the Funded ------------------------------------ Debt to Adjusted EBITDA Ratio as of the last date day of any Computation Period to exceed the applicable ratio set forth below: Computation Funded Debt to Period Ending: Adjusted Ebitda Ratio: EBITDA Ratio ------------- --------------------- June 30, 2001 6.00 Closing Date through 12/31/00 5.18 to 1.0 September 30, 2001 1/01/01 through December 31, 2001 3.50 12/31/01 4.89 to 1.0 March 31, 2002 1/01/02 through 12/31/02 4.60 to 1.0 1/01/03 through 12/31/03 4.31 to 1.0 1/01/04 and thereafter 3.25 4.03 to 1.0."

Appears in 1 contract

Samples: Senior Subordinated Loan Agreement (GTCR Golder Rauner LLC)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!