Common use of Funded Indebtedness to EBITDA Ratio Clause in Contracts

Funded Indebtedness to EBITDA Ratio. The Borrower will not permit the Funded Indebtedness to EBITDA Ratio, for any period of four consecutive fiscal quarters ending on the last day of any fiscal quarter set forth below, to be greater than the amount set forth opposite such date below:

Appears in 2 contracts

Samples: Credit Agreement (Groupon, Inc.), Credit Agreement (Groupon, Inc.)

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Funded Indebtedness to EBITDA Ratio. The Borrower will not permit the Funded Indebtedness to EBITDA Ratio, for any period of four consecutive fiscal quarters ending Ratio on the last day of any fiscal quarter set forth below, to be greater than the amount set forth opposite such date below:two to one (2.00:1).

Appears in 2 contracts

Samples: Revolving Credit Agreement (Paycom Software, Inc.), Term Credit Agreement (Paycom Software, Inc.)

Funded Indebtedness to EBITDA Ratio. The Borrower will not permit the Funded Indebtedness to EBITDA Ratio, for any period of four consecutive fiscal quarters ending Ratio on the last day of any fiscal quarter set forth below, to be greater than the amount set forth opposite such date below:2.5:1.0.

Appears in 1 contract

Samples: Credit Agreement (Groupon, Inc.)

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Funded Indebtedness to EBITDA Ratio. The Borrower will not permit the Funded Indebtedness to EBITDA Ratio, for any period of four consecutive fiscal quarters Fiscal Quarters ending on the last day of each Fiscal Quarter during any fiscal quarter set forth below, period to be greater than the amount set forth opposite such date below:2.0 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (JOINT Corp)

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