Funded Indebtedness to EBITDA. The ratio of (x) Funded Indebtedness minus the amount of Funded Indebtedness of the Borrower to SDI outstanding in accordance with Section 6.03(h) hereof, minus the amount on deposit in the Debt Service Reserve Account to (y) EBITDA for each Measurement Period ending on or after December 31, 2002 shall be not greater than 3.0 to 1 on the last day of each such Measurement Period.
Funded Indebtedness to EBITDA. Borrower shall cause to be maintained a ratio of (i) Funded Indebtedness as at the end of each fiscal quarter to (ii) EBITDA as of the end of each fiscal quarter calculated on a rolling four (4) quarter basis with respect to the four quarters then ended, of not greater than the ratios set forth below during the periods set forth below: Fiscal Quarter Ending Ratio 9/30/98 4.5 to 1 12/31/98 4.5 to 1 3/31/99 4.5 to 1 6/30/99 4.5 to 1 9/30/99 4.25 to 1 12/31/99 4.25 to 1 3/31/00 4.25 to 1 6/30/00 4.25 to 1 9/30/00 4.0 to 1 12/31/00 4.0 to 1 3/31/01 4.0 to 1 6/30/01 4.0 to 1 9/30/01 and as at the end of 3.75 to 1 each fiscal quarter thereafter
Funded Indebtedness to EBITDA. Permit the Funded Indebtedness to EBITDA Ratio as of the end of any Fiscal Quarter ending on or after June 30, 2003 to be greater than 3.0 to 1.00.
Funded Indebtedness to EBITDA. Permit the Funded Indebtedness to EBITDA Ratio as of the end of (i) the Fiscal Quarters ending on June 30, 2005, September 30, 2005 and December 31, 2005 to be greater than 4:25 to 1.00, and (ii) any Fiscal Quarter thereafter to be greater than 4.00 to 1.00.
Funded Indebtedness to EBITDA. Borrower shall not permit its Funded Indebtedness to EBITDA, on a consolidated basis, to be less than the following at the end of any quarter during any of the following periods as measured on a rolling twelve month basis.
Funded Indebtedness to EBITDA. For all periods after January 31, 2004, Section 14.3 of the Original Loan Agreement is deleted and replaced with the following:
Funded Indebtedness to EBITDA. Guarantor shall not permit its Funded Indebtedness to EBITDA, on a consolidated basis, to be greater than 2.00:1.0 at the end of any quarter as measured on a trailing twelve month basis.
Funded Indebtedness to EBITDA. Maintain a ratio of Funded Indebtedness as of the end of each period set forth below, to EBITDA for the cumulative period ending on such date, equal to or greater than the ratio set forth below for the period corresponding thereto: Period Ratio
(i) Twelve calendar month (i) 8.50 to 1.0 period ending on September 30, 1999
(ii) Twelve calendar month (ii) 8.00 to 1.0 period ending on December 31, 1999
(iii) Twelve calendar month (iii) 7.00 to 1.0 period ending on March 31, 2000
(iv) Twelve calendar month (iv) 6.00 to 1.0 period ending on June 30, 2000
(v) Twelve calendar month (v) 5.50 to 1.0 period ending on September 30, 2000
(vi) Twelve calendar month (vi) 5.00 to 1.0 period ending on December 31, 2000
(vii) Twelve calendar month (vii) 4.50 to 1.0 period ending respectively on the last day of each thereafter occuring fiscal quarter
Funded Indebtedness to EBITDA. The Company shall maintain on a consolidated basis a ratio of Funded Indebtedness to Adjusted EBITDA not exceeding the ratios indicated for each period specified below: Period Ratios At Closing 2.99:1.0 The period ending June 30, 2016 and through September 30, 2016 3.5:1.0 The period ending December 31, 2016 and through September 30, 2017 3.25:1.0 The period ending September 30, 2017 and through June 30, 2018 3.00:1.0 The period ending September 30, 2018 2:50:1.0
Funded Indebtedness to EBITDA. The ratio of Borrower's Funded Indebtedness to EBITDA shall not exceed 4.00 to 1.00 as of the last day of any calendar quarter, as calculated for the 12 month period then ended.
