Leverage Covenant. The Borrower will not, and will not permit any of its Subsidiaries to, permit the ratio of (i) Consolidated Total Debt as of the last day of any fiscal quarter, or as of the date of any Credit Event (after giving effect thereto), to (ii) Consolidated EBITDA for the last four fiscal quarters ending on or before such date to be greater than 2.25:1.
Appears in 3 contracts
Samples: Credit Agreement (Medco Health Solutions Inc), Credit Agreement (Medco Health Solutions Inc), Credit Agreement (Medco Health Solutions Inc)
Leverage Covenant. The Borrower will not, and will not permit any of its Subsidiaries to, permit the ratio of (i) Consolidated Total Debt as of the last day of any fiscal quarter, or as of the date of any Credit Event (after giving effect thereto), to (ii) Consolidated EBITDA for the last four fiscal quarters ending on or before such date to be greater than 2.25:13.5:1.
Appears in 2 contracts
Samples: Credit Agreement (Medco Health Solutions Inc), 364 Day Revolving Credit Agreement (Medco Health Solutions Inc)
Leverage Covenant. The Borrower will not, and will not permit any of its Subsidiaries to, permit the ratio of (i) Consolidated Total Debt as of the last day of any fiscal quarter, or as of the date of any Credit Event (after giving effect thereto), to (ii) Consolidated EBITDA for the last four fiscal quarters ending on or before such date to be greater than 2.25:13.0:1.
Appears in 1 contract
