Funded Debt to EBITDA. Permit the ratio of Funded Debt to EBITDA, at the close of any fiscal quarter, beginning with the March 31, 2001 Financial Statements, for the previous four quarters to be more than the Permitted Ratio (herein defined). This ratio shall be
Appears in 2 contracts
Samples: Credit Agreement (Dril-Quip Inc), Credit Agreement (Dril-Quip Inc)
Funded Debt to EBITDA. Permit the ratio of Funded Debt to EBITDA, at the close of any fiscal quarter, beginning with the March 31, 2001 Financial Statements, for the previous four quarters to be more than the Permitted Ratio (herein defined). This ratio shall bebe calculated on a
Appears in 1 contract
Samples: Credit Agreement (Dril-Quip Inc)
Funded Debt to EBITDA. Permit the ratio of Funded Debt to EBITDA, at the close of any fiscal quarter, beginning with the March 31September 30, 2001 1998 Financial Statements, for the previous four quarters to be more than the Permitted Ratio (herein defined)3.00 to 1.00. This ratio shall bebe calculated on a rolling four quarter basis thereafter.
Appears in 1 contract
Samples: Credit Agreement (Dril-Quip Inc)
Funded Debt to EBITDA. Permit the ratio of Funded Debt to EBITDA, at the close of any fiscal quarter, beginning with the March 31, 2001 Financial Statements, for the previous four quarters to be more than the Permitted Ratio (herein defined). This ratio shall beherein
Appears in 1 contract
Samples: Credit Agreement (Dril-Quip Inc)
