Funded Debt to Consolidated Adjusted EBITDA Ratio Sample Clauses

Funded Debt to Consolidated Adjusted EBITDA Ratio. Cause to be maintained a Funded Debt to Consolidated Adjusted EBITDA Ratio of not more than the ratio set forth below for the four quarter period ending as of each date set forth below: 109 ​ ​ Fiscal Quarter ending on or about: Funded Debt to Consolidated Adjusted EBITDA Ratio: September 30, 2017 4.75:1.00 December 31, 2017 4.75:1.00 March 31, 2018 4.25:1.00 June 30, 2018 4.25:1.00 September 30, 2018 4.25:1.00 December 31, 2018 4.25:1.00 March 31, 2019 4.00:1.00 June 30, 2019 4.00:1.00 September 30, 2019 4.00:1.00 December 31, 2019 4.00:1.00 March 31, 2020 4.00:1.00 June 30, 2020 4.00:1.00 September 30, 2020 4.00:1.00 December 31, 2020 4.00:1.00 March 31, 2021 and the last day of each fiscal quarter thereafter: 3.75:1.00
Sample 1
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Related to Funded Debt to Consolidated Adjusted EBITDA Ratio

  • Funded Debt to EBITDA Ratio A. Funded Debt

  • Minimum Consolidated Adjusted EBITDA The Borrowers will maintain, as of the last day of each Fiscal Quarter commencing with the Fiscal Quarter ending December 31, 2009, Consolidated Adjusted EBITDA for the four Fiscal Quarters then ended of not less than $22,500,000.

  • Funded Debt to EBITDA Section 10.2 of the Loan Agreement is hereby amended and restated in its entirety to read as follows:

  • Total Debt to EBITDA Ratio The Total Debt to EBITDA Ratio will not exceed 4.0 to 1.0 at the end of any fiscal quarter.

  • Consolidated Net Leverage Ratio Permit the Consolidated Net Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 4.50:1.00.

  • Debt to EBITDA Ratio Maintain, as of the end of each fiscal quarter, a ratio of (i) Debt, excluding Debt in respect of Hedge Agreements, as of such date to (ii) Consolidated EBITDA of the Company and its Consolidated Subsidiaries for the period of four fiscal quarters most recently ended, of not greater than 4.0 to 1.0.

  • Consolidated Leverage Ratio Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 2.50 to 1.0.

  • Consolidated Total Net Leverage Ratio Permit the Consolidated Total Net Leverage Ratio on the last day of any fiscal quarter occurring during any period set forth below, to be greater than the ratio set forth below opposite such period: Period Maximum Consolidated Total Net Leverage Ratio Closing Date through and including September 30, 2014 7.25:1.00 December 31, 2014 through and including September 30, 2015 6.75:1.00 December 31, 2015 and thereafter 6.50:1.00

  • Maximum Consolidated Leverage Ratio As of the last day of each Fiscal Quarter of the Borrower (commencing with the Fiscal Quarter ending March 31, 2018), the Borrower shall not permit the Consolidated Leverage Ratio to be greater than 0.60 to 1.00.

  • Maximum Consolidated Total Leverage Ratio The Borrower will cause the Consolidated Total Leverage Ratio to be less than (a) 4.00 to 1.00 at all times during the period from the Effective Date to and including December 30, 2009, (b) 3.75 to 1.00 at all times during the period from December 31, 2009 to and including December 30, 2010 and (c) less than 3.50 to 1.00 at all times thereafter.

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