Funded Debt to EBITDA. Borrower shall not permit the ratio of Funded Debt to EBITDA for the prior twelve-month period to be greater than 4.00:1:00 as of the end of any fiscal quarter of Borrower, commencing with the fiscal quarter ending June 30, 2014.
Appears in 2 contracts
Samples: Loan and Security Agreement (Mammoth Energy Partners LP), Loan and Security Agreement (Stingray Energy Services, Inc.)
Funded Debt to EBITDA. Borrower The Borrowers shall not permit the ratio of Funded Debt to EBITDA for the prior twelve-month period to be greater than 4.00:1:00 as of the end last day of any fiscal quarter to EBITDA of Borrower, commencing with the Company for the period of four consecutive fiscal quarters ending on the last day of such fiscal quarter ending June 30, 2014to exceed 3.5 to 1.0.
Appears in 2 contracts
Samples: Multicurrency Credit Agreement (Schawk Inc), Credit Agreement (Schawk Inc)
Funded Debt to EBITDA. The Borrower shall will not permit the ratio of Funded Debt to EBITDA for the prior twelve-month period to be greater than 4.00:1:00 ratio, as of the end of any fiscal quarter and for the period of Borrowerfour consecutive fiscal quarters then ended, commencing with the fiscal quarter ending June 30, 2014of Total Funded Debt to Consolidated EBITDA to exceed 2.25:1.
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