Common use of IBD/EBITDA Ratio Clause in Contracts

IBD/EBITDA Ratio. The Borrower will not permit the ratio of its IBD to EBITDA, as of the last day of any fiscal quarter to be greater than 1 to 1. For purposes hereof, the following definitions have the following meanings:

Appears in 4 contracts

Samples: Loan Agreement (Daktronics Inc /Sd/), Loan Agreement (Daktronics Inc /Sd/), Loan Agreement (Daktronics Inc /Sd/)

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