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 quarterlyMaintain, measured as of for the twelve-month period ending on the last day of each fiscal quarterquarter of Borrower commencing with the fiscal quarter ending March 31, on a consolidated basis 2021, and for each fiscal quarter thereafter, a ratio of Funded Debt to EBITDA of Borrower and its Subsidiaries on a consolidated basis not exceeding 3.50:1.00. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower 1.50 to deliver financial statements, using the results of the twelve month period ending with that reporting period1.00.

Appears in 1 contract

Samples: Loan Agreement (Geospace Technologies Corp)

Funded Debt to EBITDA Ratio. Maintain quarterlyBorrower shall maintain a Funded Debt to EBITDA Ratio on a consolidated basis of not greater than 3.2:1.0 for the preceding twelve-month period, as measured quarterly 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 calendar quarter during 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 periodTerm.

Appears in 1 contract

Samples: Loan and Security Agreement (BTHC X Inc)

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 2.00:1.0.

Appears in 1 contract

Samples: Loan Agreement (Nu Skin Enterprises 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 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)

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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 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)

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 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 2.0:1.0.

Appears in 1 contract

Samples: Loan Agreement (Nu Skin Enterprises 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; 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: Assignment and Assumption (Resmed Inc)

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