Common use of Funded Debt to EBITDA Ratio Clause in Contracts

Funded Debt to EBITDA Ratio. Maintain quarterly, measured as of the last day of each fiscal quarter, on a consolidated basis a ratio of Funded Debt to EBITDA not exceeding 3.50:1.00. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve month period ending with that reporting period.

Appears in 3 contracts

Samples: Credit Agreement (Resmed Inc), Credit Agreement (Resmed Inc), Credit Agreement (Resmed Inc)

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Funded Debt to EBITDA Ratio. Maintain quarterly, measured as of the last day of each fiscal quarter, on a consolidated basis a ratio of Funded Debt to EBITDA Ratio not exceeding 3.50:1.003.00:1.00 as of the end of each fiscal quarter of Borrower. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve month four-fiscal quarter period ending with that reporting period.

Appears in 2 contracts

Samples: Credit Agreement (Quidel Corp /De/), Credit Agreement (Quidel Corp /De/)

Funded Debt to EBITDA Ratio. Maintain quarterly, measured as of the last day of each fiscal quarter, on a consolidated basis a ratio of Funded Debt to EBITDA not exceeding 3.50:1.00; provided that, for the fiscal quarter in which any Material Acquisition is consummated and the immediately following three fiscal quarters, such ratio shall not exceed 4.00:1.00. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve month period ending with that reporting period.

Appears in 1 contract

Samples: Credit Agreement (Resmed Inc)

Funded Debt to EBITDA Ratio. Maintain quarterly, measured as of the last day of each fiscal quarter, on a consolidated basis a ratio of Funded Debt to EBITDA not exceeding 3.50:1.002.25:1.00. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve twelve-month period ending with that reporting period.

Appears in 1 contract

Samples: Credit Agreement (Resmed Inc)

Funded Debt to EBITDA Ratio. Maintain quarterly, measured as of the last day of each fiscal quarterThe Borrower and its Subsidiaries shall maintain, on a consolidated basis basis, a ratio of Funded Debt to EBITDA not exceeding 3.50:1.00. This ratio will be calculated at 2.50 to 1.0, measured on the end last day of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve month period ending with that reporting periodfiscal quarter.

Appears in 1 contract

Samples: Credit and Security Agreement (Comscore, Inc.)

Funded Debt to EBITDA Ratio. Maintain In the case of Parent, maintain quarterly, measured as of the last day of each fiscal quarter, on a consolidated basis a ratio of Funded Debt to EBITDA not exceeding 3.50:1.00; provided that, for the fiscal quarter in which any Material Acquisition is consummated and the immediately following three fiscal quarters, such ratio shall not exceed 4.00:1.00. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower Parent to deliver financial statements, using the results of the twelve month period ending with that reporting period.

Appears in 1 contract

Samples: Syndicated Facility Agreement (Resmed Inc)

Funded Debt to EBITDA Ratio. Maintain quarterly, measured as of the last day of each fiscal quarter, on a consolidated basis a ratio of Funded Debt to EBITDA not exceeding 3.50:1.003.00:1.00. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve twelve-month period ending with that reporting period.

Appears in 1 contract

Samples: Credit Agreement (Resmed Inc)

Funded Debt to EBITDA Ratio. Maintain quarterly, measured as of the last day of each fiscal quarter, on a consolidated basis a ratio of Funded Debt to EBITDA not exceeding 3.50:1.00. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve twelve-month period ending with that reporting period.”

Appears in 1 contract

Samples: Credit Agreement (Resmed Inc)

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Funded Debt to EBITDA Ratio. Maintain quarterlyThe Domestic Borrower and its Subsidiaries will maintain at all times, measured on a consolidated basis, a Funded Debt to EBITDA Ratio of not greater than (a) 2.50 to 1.00 from the Initial Effective Date through and including April 30, 2002, and (b) 2.25 to 1.00 at all times thereafter. The Funded Debt to EBITDA Ratio shall be calculated and tested quarterly as of the last day of each fiscal quarter, Fiscal Quarter for the Calculation Period ending on a consolidated basis a ratio the last day of Funded Debt to EBITDA not exceeding 3.50:1.00. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve month period ending with that reporting periodsuch Fiscal Quarter.

Appears in 1 contract

Samples: Credit Agreement (Veritas DGC Inc)

Funded Debt to EBITDA Ratio. Maintain quarterly, measured as of the last day of each fiscal quarter, on a consolidated basis a ratio of Funded Debt to EBITDA not exceeding 3.50:1.00. This ratio will be calculated at the F or p er so na l u se o nl end of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve twelve-month period ending with that reporting period.”

Appears in 1 contract

Samples: Credit Agreement

Funded Debt to EBITDA Ratio. Maintain quarterly, measured as As of the last day of each fiscal quarterquarterly reporting period for which the Bank requires financial statements, on a using the results of the twelve-month period ending with that reporting period, the consolidated basis a ratio of Funded Debt to EBITDA ("Funded Debt to EBITDA Ratio") shall not exceeding 3.50:1.00. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve month period ending with that reporting periodexceed 2.00:1.

Appears in 1 contract

Samples: Loan Agreement (Nu Skin Enterprises Inc)

Funded Debt to EBITDA Ratio. Maintain quarterly, measured The Borrowers will maintain (tested as of the last day of each fiscal quarterquarter in each fiscal year, commencing December 31, 1997, for the four (4) quarter period ending on a consolidated basis the test date) a ratio of Funded Debt to EBITDA of not exceeding 3.50:1.00. This ratio will be calculated at more than the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve month period ending with that reporting period.following

Appears in 1 contract

Samples: Financing and Security Agreement (Four M Corp)

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