Common use of Funded Debt to EBITDA Clause in Contracts

Funded Debt to EBITDA. The Obligors will not permit the ratio of Funded Debt to EBITDA of the Obligors as of the end of any fiscal quarter of the Obligors beginning September 30, 2007 (calculated on a consolidated basis based upon the four most recently completed fiscal quarters) to be greater than 4.00 to 1.00.

Appears in 2 contracts

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

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Funded Debt to EBITDA. The Obligors Borrower will not permit the ratio of Funded Debt to EBITDA of the Obligors ratio, as of the end of any fiscal quarter and for the period of the Obligors beginning September 30four consecutive fiscal quarters then ended, 2007 (calculated on a consolidated basis based upon the four most recently completed fiscal quarters) of Total Funded Debt to be greater than 4.00 Consolidated EBITDA to 1.00exceed 2.25:1.

Appears in 1 contract

Samples: Revolving Credit Agreement (Stride Rite Corp)

Funded Debt to EBITDA. The Obligors Beginning with the fiscal quarter ended June 30, 1999, the Company will not permit the ratio of (a) Funded Debt to EBITDA of the Obligors as of outstanding at the end of any of the fiscal quarter to (b) EBITDA at the end of such fiscal quarter for the period of the Obligors beginning September four prior fiscal quarters, to exceed 3.75 to 1.00; provided, that EBITDA for the fiscal quarter ended June 30, 2007 (calculated on 1999 shall exclude a consolidated basis based upon the four most recently completed fiscal quarters) one time charge against earnings of $3,996,000 related to be greater than 4.00 to 1.00write off of assets and severence accruals.

Appears in 1 contract

Samples: Credit Agreement (Oao Technology Solutions Inc)

Funded Debt to EBITDA. The Obligors will not permit the ratio of Funded Debt to EBITDA of the Obligors as of the end of any fiscal quarter of the Obligors beginning September 30December 31, 2007 2004 (calculated on a consolidated basis based upon quarterly as of the four most recently completed end of each fiscal quartersquarter) to be greater than 4.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Georesources Inc)

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Funded Debt to EBITDA. The Obligors Borrower will not permit the ratio of Funded Debt to EBITDA of the Obligors ratio, as of the end of any fiscal quarter and for the period of the Obligors beginning September 30four consecutive fiscal quarters then ended, 2007 (calculated on a consolidated basis based upon the four most recently completed fiscal quarters) of Total Funded Debt to be greater than 4.00 Consolidated EBITDA to 1.00exceed 2:1.

Appears in 1 contract

Samples: Revolving Credit Agreement (Stride Rite Corp)

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