Common use of Funded Indebtedness to EBITDA Ratio Clause in Contracts

Funded Indebtedness to EBITDA Ratio. Beginning March 31, 2016 and continuing thereafter on the last day of each quarter, the Borrower will not permit the Funded Indebtedness to EBITDA Ratio to be greater than 3.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Gulf Island Fabrication Inc)

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Funded Indebtedness to EBITDA Ratio. Beginning March 31, 2016 and continuing thereafter on the last day of each quarter, the The Borrower will not permit the Funded Indebtedness to EBITDA Ratio Ratio, on the last day of any fiscal quarter, to be greater than 3.00 2.50 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Neogen Corp)

Funded Indebtedness to EBITDA Ratio. Beginning March 31, 2016 and continuing thereafter on the last day of each quarter, the The Borrower will not permit the Funded Indebtedness to EBITDA Ratio Ratio, on the last day of any fiscal quarter during any period beginning December 31, 2016, to be greater than 3.00 2.50 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Gulf Island Fabrication Inc)

Funded Indebtedness to EBITDA Ratio. Beginning March 31, 2016 and continuing thereafter on the last day of each quarter, the The Borrower will not permit the Funded Indebtedness to EBITDA Ratio Ratio, on the last day of any fiscal quarter ending during any period set forth below, to be greater than 3.00 to 1.00.the ratio set forth below opposite such period: Effective Date through 1 year anniversary thereof 2.00:1.00 All times thereafter 1.50:1.00

Appears in 1 contract

Samples: Credit Agreement (MeetMe, Inc.)

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Funded Indebtedness to EBITDA Ratio. Beginning March 31, 2016 and continuing thereafter on the last day of each quarter, the The Borrower will not permit the Funded Indebtedness to EBITDA Ratio Ratio, on the last day of any fiscal quarter ending during any period set forth below, to be greater than 3.00 2.50 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Neogen Corp)

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