Common use of Funded Debt to EBITDA Ratio Clause in Contracts

Funded Debt to EBITDA Ratio. As at the end of any fiscal quarter commencing with the quarter ending March 31, 2016, the ratio of (a) Consolidated Funded Debt less, solely for the purpose of calculating covenant compliance with this §10.2 and for no other purpose, Qualified Domestic Cash in an amount up to $2,000,000 to (b) Consolidated EBITDA of the Borrowers for the four (4) consecutive fiscal quarters ending on such date (the “Funded Debt to EBITDA Ratio”) shall not exceed 2.25:1.00.

Funded Debt to EBITDA Ratio. As The Obligors will maintain a ratio, calculated on the basis of the prior four consecutive fiscal quarters, of consolidated Funded Debt to consolidated EBITDA of not more than 2.00 to 1.00 as of September 30, 2010, and at the end of any each fiscal quarter commencing with the quarter ending March 31, 2016, the ratio of (a) Consolidated Funded Debt less, solely for the purpose of calculating covenant compliance with this §10.2 and for no other purpose, Qualified Domestic Cash in an amount up to $2,000,000 to (b) Consolidated EBITDA of the Borrowers for the four (4) consecutive fiscal quarters ending on such date (the “Funded Debt to EBITDA Ratio”) shall not exceed 2.25:1.00thereafter.

Funded Debt to EBITDA Ratio. As at the end of any fiscal quarter commencing with the quarter ending March December 31, 20162009, the ratio of (a) Consolidated Funded Debt less, solely for the purpose of calculating covenant compliance with this §10.2 and for no other purpose, Qualified Domestic Cash in an amount up to $2,000,000 to (b) Consolidated EBITDA of the Borrowers for the four (4) consecutive fiscal quarters ending on such date (the “Funded Debt to EBITDA Ratio”) shall not exceed 2.25:1.00.

Funded Debt to EBITDA Ratio. As at the end of any fiscal quarter commencing with the quarter ending March 31, 2016, the ratio of (a) Consolidated Funded Debt less, solely for the purpose of calculating covenant compliance with this §10.2 and for no other purpose, Qualified Domestic Cash in an amount up to $2,000,000 to (b) Consolidated EBITDA of the Borrowers for the four (4) consecutive fiscal quarters ending To maintain on such date (the “a consolidated basis a Funded Debt to EBITDA Ratio, on a rolling four quarter basis of less than 4.25:1.00 for the quarter ending October 31, 2010, 3.25:1.00 for the quarter ending January 31, 2011 and 3.00:1.00 for the quarter ending April 30, 2011 and each quarter thereafter.”) shall not exceed 2.25:1.00.

Funded Debt to EBITDA Ratio. As at the end of any fiscal quarter commencing with the quarter ending March 31June 30, 20162007, the ratio of (a) Consolidated Funded Debt less, solely for the purpose of calculating covenant compliance with this §10.2 and for no other purpose, Qualified Domestic Cash in an amount up to $2,000,000 to (b) Consolidated EBITDA of the Borrowers for the four (4) consecutive fiscal quarters of the Borrowers ending on such date (the “Funded Debt to EBITDA Ratio”) shall not at any time exceed 2.25:1.003:1.00.

Funded Debt to EBITDA Ratio. As at the end of any fiscal quarter To maintain on a consolidated basis commencing with the quarter ending March 31September 30, 20162021, a ratio of Funded Debt to EBITDA not exceeding 3.25:1.0. This ratio will be calculated at the end of each quarter, using the results of the trailing twelve (12) month period ending with such quarter. Notwithstanding anything set forth herein to the contrary, after the closing of any Permitted Acquisition, the ratio of (a) Consolidated Funded Debt less, solely for the purpose of calculating covenant compliance with this §10.2 and for no other purpose, Qualified Domestic Cash in an amount up to $2,000,000 EBITDA shall increase to (b) Consolidated EBITDA of the Borrowers 3.75:1.0 for the four (4) consecutive fiscal quarters ending on immediately following the date such date (the “Funded Debt to EBITDA Ratio”) shall not exceed 2.25:1.00Permitted Acquisition closes.

Funded Debt to EBITDA Ratio. As The Obligors will maintain a ratio, calculated on the basis of the prior four consecutive fiscal quarters, of consolidated Funded Debt to consolidated EBITDA of not more than 2.20 to 1.00 as of September 30, 2010, and at the end of any each fiscal quarter commencing with the quarter ending March 31, 2016, the ratio of (a) Consolidated Funded Debt less, solely for the purpose of calculating covenant compliance with this §10.2 and for no other purpose, Qualified Domestic Cash in an amount up to $2,000,000 to (b) Consolidated EBITDA of the Borrowers for the four (4) consecutive fiscal quarters ending on such date (the “Funded Debt to EBITDA Ratio”) shall not exceed 2.25:1.00thereafter.

Funded Debt to EBITDA Ratio. As at the end of any fiscal quarter commencing with the quarter ending March 31, 2016, the ratio of (a) Consolidated Funded Debt less, solely for the purpose of calculating covenant compliance with this §10.2 and for no other purpose, Qualified Domestic Cash in an amount up to $2,000,000 to (b) Consolidated EBITDA of the Borrowers for the four (4) consecutive fiscal quarters ending Maintain on such date (the “a consolidated basis a Funded Debt to EBITDA Ratio”) shall Ratio not exceed 2.25:1.00exceeding 2.00 to 1.00. This ratio will be calculated at each March 31, June 30, September 30 and December 31, using the results of the consecutive four fiscal quarter period ending with that reporting period, beginning with the fiscal quarter ended December 31, 2010.

Funded Debt to EBITDA Ratio. As at Commencing with the end of any fiscal quarter commencing with the quarter ending March December 31, 2016, and continuing on the last day of each succeeding fiscal quarter thereafter, the Borrowers shall not permit the ratio of (a) Consolidated Funded Debt less, solely for the purpose of calculating covenant compliance with this §10.2 and for no other purpose, Qualified Domestic Cash in an amount up on such date to $2,000,000 to (b) Consolidated EBITDA of the Borrowers for the four (4) consecutive fiscal quarters ending on such date (the “Funded Debt then ended to EBITDA Ratio”) shall not exceed 2.25:1.003.50 to 1.00.