Maintain Senior Debt to EBITDA Ratio Sample Clauses

Maintain Senior Debt to EBITDA Ratio. Maintain as of the end of each fiscal quarter a Senior Debt to EBITDA Ratio of not more than the following during the periods specified below: from the Closing Date through December 30, 1999................................................3.74 to 1.0 from December 31, 1999 through December 30, 2000...............................................3.74 to 1.0 from December 31, 2000 through December 30, 2001...............................................3.45 to 1.0 from December 31, 2001 through December 30, 2002...............................................3.16 to 1.0 from December 31, 2002 through December 30, 2003...............................................3.16 to 1.0 from December 31, 2003 and thereafter..........................................................3.16 to 1.0
Sample 1
AutoNDA by SimpleDocs
Maintain Senior Debt to EBITDA Ratio. Maintain at all times a Senior Debt to EBITDA Ratio of not more than the ratio set forth below opposite the applicable period: Period Ratio 12/31/06 through 12/30/07 2.75 to 1.0 12/31/07 through 12/30/08 2.50 to 1.0 12/31/08 and thereafter 2.25 to 1.0 7.12 Maintain Consolidated Tangible Net Worth. Maintain at all times Consolidated Tangible Net Worth of not less than Base Tangible Net Worth.
Sample 1
Maintain Senior Debt to EBITDA Ratio. Maintain as of the end of each fiscal quarter a Senior Debt to EBITDA Ratio of not more than the following during the periods specified below:
Sample 1
Maintain Senior Debt to EBITDA Ratio. Maintain, as of the end of each fiscal quarter, for the Measuring Period then ended, commencing with the fiscal quarter ending December 31, 2006, a Senior Debt to EBITDA Ratio of not more than 2.75 to 1.00.
Sample 1

Related to Maintain Senior Debt to EBITDA Ratio

  • Senior Debt to EBITDA Ratio Not permit the Senior Debt to EBITDA Ratio to be greater than 2.15 to 1.00 as of the end of the Company’s fiscal quarter ending on or about December 31, 2004 or the end of any fiscal quarter thereafter; such ratio to be determined in accordance with GAAP using the ratio of Senior Debt as of the end of such fiscal quarter to EBITDA for the period of four consecutive fiscal quarters of the Company then ending.

  • Debt to EBITDA Ratio Maintain, as of the end of each fiscal quarter, a ratio of (i) Debt, excluding Debt in respect of Hedge Agreements, as of such date to (ii) Consolidated EBITDA of the Company and its Consolidated Subsidiaries for the period of four fiscal quarters most recently ended, of not greater than 4.0 to 1.0.

  • Funded Debt to EBITDA Ratio A. Funded Debt

  • Total Debt to EBITDA Ratio The Total Debt to EBITDA Ratio will not exceed 4.0 to 1.0 at the end of any fiscal quarter.

  • Ratio of Total Debt to EBITDAX The Borrower will not, at any time, permit its ratio of Total Debt as of such time to EBITDAX for the four fiscal quarters ending on the last day of the fiscal quarter immediately preceding the date of determination for which financial statements are available to be greater than 3.5 to 1.0.

  • Funded Debt to EBITDA Section 10.2 of the Loan Agreement is hereby amended and restated in its entirety to read as follows:

  • Debt to Equity Ratio The Lender shall have received from the Borrower a certificate demonstrating that the ratio of the Borrower's Adjusted Indebtedness to the Borrower's Net Assets, taking into account the requested Loan and the assets, if any, to be acquired by the Borrower with the proceeds of such Loan, shall not exceed 4-to-1.

  • Leverage Ratios Notwithstanding anything to the contrary contained herein, for purposes of calculating any leverage ratio herein in connection with the incurrence of any Indebtedness, (a) there shall be no netting of the cash proceeds proposed to be received in connection with the incurrence of such Indebtedness and (b) to the extent the Indebtedness to be incurred is revolving Indebtedness, such incurred revolving Indebtedness (or if applicable, the portion (and only such portion) of the increased commitments thereunder) shall be treated as fully drawn.

  • Leverage Ratio The Borrower will not permit the Leverage Ratio to exceed 4.50 to 1.0 on the last day of any Fiscal Quarter.

  • Debt Ratio Permit the Debt Ratio at the last day of any fiscal quarter to be greater than the ratio set forth below opposite the fiscal quarter during which such fiscal quarter occurs: Fiscal Quarter Ending Ratio --------------------- ----- December 31, 1999 4.75 March 31, 2000 4.75 June 30, 2000 4.75 September 30, 2000 4.50 December 31, 2000 4.50 March 31, 2001 4.50 June 30, 2001 4.50 September 30, 2001 3.75 December 31, 2001 3.75 March 31, 2002 3.75 June 30, 2002 3.75 September 30, 2002 3.25 and thereafter

Time is Money Join Law Insider Premium to draft better contracts faster.