FUNDED DEBT TO PRO FORMA EBITDA Sample Clauses

FUNDED DEBT TO PRO FORMA EBITDA. RII and its Subsidiaries on a consolidated basis shall have a ratio of (i) Funded Debt measured as of the last day of each Fiscal Quarter to (ii) Pro Forma EBITDA for the for the 12-month period then ended of not more than the following: QUARTERLY PERIOD ENDING FUNDED DEBT TO ----------------------- PRO FORMA EBITDA ---------------- 03/31/98 5.6 to 1.0 06/30/98 5.6 to 1.0 09/30/98 5.6 to 1.0 12/31/98 5.4 to 1.0 03/31/99 5.2 to 1.0 06/30/99 5.0 to 1.0 09/30/99 4.8 to 1.0 12/31/99 4.7 to 1.0 03/31/00 4.6 to 1.0 06/30/00 4.5 to 1.0 09/30/00 4.4 to 1.0 12/31/00 4.4 to 1.0 03/31/01 4.2 to 1.0 06/30/01 4.1 to 1.0 09/30/01 4.0 to 1.0 Unless otherwise specifically provided herein, any accounting term used in the Agreement shall have the meaning customarily given such term in accordance with GAAP, and all financial computations hereunder shall be computed in accordance with GAAP consistently applied. That certain items or computations are explicitly modified by the phrase "in accordance with GAAP" shall in no way be construed to limit the foregoing. If any "Accounting Changes" (as defined below) occur and such changes result in a change in the calculation of the financial covenants, standards or terms used in the Agreement or any other Loan Document, then
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Related to FUNDED DEBT TO PRO FORMA EBITDA

  • Funded Debt to EBITDA Section 10.2 of the Loan Agreement is hereby amended and restated in its entirety to read as follows:

  • Funded Debt to EBITDA Ratio A. Funded Debt

  • Consolidated EBITDA With respect to any period, an amount equal to the EBITDA of REIT and its Subsidiaries for such period determined on a Consolidated basis.

  • Consolidated Net Leverage Ratio Permit the Consolidated Net Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 4.50:1.00.

  • Consolidated Total Net Leverage Ratio Permit the Consolidated Total Net Leverage Ratio on the last day of any fiscal quarter occurring during any period set forth below, to be greater than the ratio set forth below opposite such period: Period Maximum Consolidated Total Net Leverage Ratio Closing Date through and including September 30, 2014 7.25:1.00 December 31, 2014 through and including September 30, 2015 6.75:1.00 December 31, 2015 and thereafter 6.50:1.00

  • Adjusted EBITDA The 2019 adjusted EBITDA for the Affiliated Club Sellers shall total an aggregate of not less than $10,700,000.

  • Consolidated Total Leverage Ratio Permit the Consolidated Total Leverage Ratio as of the last day of any fiscal quarter ending on or after September 30, 2008 to be greater than 3.5 to 1.0.

  • Total Debt to EBITDA Ratio The Total Debt to EBITDA Ratio will not exceed 4.0 to 1.0 at the end of any fiscal quarter.

  • Ratio of Total Debt to EBITDAX The Borrower will not, at any time, permit its ratio of Total Debt as of such time to EBITDAX for the four fiscal quarters ending on the last day of the fiscal quarter immediately preceding the date of determination for which financial statements are available to be greater than 3.5 to 1.0.

  • Cash Flow Leverage Ratio The Borrower will not permit the Cash Flow Leverage Ratio on the last day of any fiscal quarter to exceed 3.50 to 1.00.

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