Maintenance of Consolidated Total Debt to Consolidated EBITDA Sample Clauses

Maintenance of Consolidated Total Debt to Consolidated EBITDA. Permit the ratio of Consolidated Total Debt of the Borrower to Consolidated EBITDA of the Borrower for any period of four consecutive calendar quarters ending at the end of the calendar quarters set forth below to be greater than the ratio set forth opposite such calendar quarter below: Calendar Quarter Ratio 2002 4th 7.50 to 1.00 2003 1st 6.50 to 1.00 2nd 6.00 to 1.00 3rd 5.50 to 1.00 4th 5.25 to 1.00 2004 1st 4.25 to 1.00 2nd 4.00 to 1.00 3rd 3.75 to 1.00 4th 3.25 to 1.00 2005 1st 3.00 to 1.00 2nd 3.00 to 1.00 3rd 2.75 to 1.00 4th 2.50 to 1.00 2006 1st 2.50 to 1.00 2nd 2.50 to 1.00 3rd 2.25 to 1.00 4th 2.25 to 1.00 60
Sample 1
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Maintenance of Consolidated Total Debt to Consolidated EBITDA. Permit the ratio of (i) Consolidated Total Debt of the Borrower and its Subsidiaries as of the last day of each of the fiscal quarters set forth below less the aggregate amount of cash and Cash Equivalents shown on the consolidated balance sheet of the Borrower as of the last day of the applicable fiscal quarter to (ii) Consolidated EBITDA of the Borrower and its Subsidiaries for the period of four consecutive fiscal quarters ending on the last day of each of the fiscal quarters set forth below to be greater than the ratio set forth opposite such fiscal quarter below: Quarter Ending Ratio -------------- ----- September 30, 2005 5.25 to 1.00 December 31, 2005 5.25 to 1.00 March 31, 2006 5.25 to 1.00 June 30, 2006 5.25 to 1.00 September 30, 2006 5.25 to 1.00 December 31, 2006 5.25 to 1.00 March 31, 2007 5.00 to 1.00 June 30, 2007 5.00 to 1.00 September 30, 2007 5.00 to 1.00 December 31, 2007 5.00 to 1.00 March 31, 2008 4.75 to 1.00 June 30, 2008 4.75 to 1.00 September 30, 2008 4.75 to 1.00
Sample 1
Maintenance of Consolidated Total Debt to Consolidated EBITDA. Permit the ratio of Consolidated Total Debt of the Borrower and its Subsidiaries to Consolidated EBITDA of the Borrower and its Subsidiaries for the period of four consecutive fiscal quarters ending on the last day of each of the fiscal quarters set forth below to be greater than the ratio set forth opposite such fiscal quarter below: Quarter Ending Ratio -------------- ------------ 1997 December 31 5.75 to 1.00 1998 March 31 5.50 to 1.00 June 30 5.25 to 1.00 September 30 5.00 to 1.00 December 31 5.00 to 1.00 1999 March 31 5.00 to 1.00 June 30 5.00 to 1.00 September 30 4.00 to 1.00 December 31 4.00 to 1.00 2000 March 31 3.50 to 1.00 June 30 3.50 to 1.00 September 30 and each quarter thereafter 3.00 to 1.00
Sample 1
Maintenance of Consolidated Total Debt to Consolidated EBITDA. Permit the ratio of Consolidated Total Debt of the Borrower and its Subsidiaries to Consolidated EBITDA of the Borrower and its Subsidiaries for any period of four consecutive calendar quarters ending at the end of the calendar quarters set forth below to be greater than the ratio set forth opposite such calendar quarter below; provided that for the purposes of determining the ratio for the period of four consecutive calendar quarters ending at the end of the fourth calendar quarter for 1996, Consolidated EBITDA of the Borrower and its Subsidiaries for the first calendar quarter of 1996 shall be deemed to be $23,400,000; and provided further that for the purposes of determining the ratio for the period of four consecutive calendar quarters ending at the end of (i) the first calendar quarter for 1997, Consolidated EBITDA of the Borrower and its Subsidiaries for such period shall be deemed to be increased by an amount equal to the Consolidated EBITDA of Camden for the second, third and fourth calendar quarters for 1996 and for January 1997 (which amount shall equal $8,650,000), (ii) the second calendar quarter for 1997, Consolidated EBITDA of the Borrower and its Subsidiaries for such period shall be deemed to be increased by an amount equal to the Consolidated EBITDA of Camden for the third and fourth calendar quarters for 1996 and for January 1997 (which amount shall equal $6,100,000), (iii) the third calendar quarter for 1997, Consolidated EBITDA of the Borrower and its Subsidiaries for such period shall be deemed to be increased by an amount equal to the Consolidated EBITDA of Camden for the fourth calendar quarter for 1996 and for January 1997 (which amount shall equal $3,550,000) and (iv) the fourth calendar quarter for 1997, Consolidated EBITDA of the Borrower and its Subsidiaries for such period shall be deemed to be increased by an amount equal to the Consolidated EBITDA of Camden for January 1997 (which amount shall equal $1,000,000): 95 90 Fiscal Year Ratio ----------------- ----- 1996 4th 5.90 to 1.00 1997 1st 5.85 to 1.00 2nd 5.75 to 1.00 3rd 5.50 to 1.00 4th 5.40 to 1.00
Sample 1
Maintenance of Consolidated Total Debt to Consolidated EBITDA. Permit the ratio of Consolidated Total Debt of Holdings and its Subsidiaries to Consolidated EBITDA of Holdings and its Subsidiaries for any period of four consecutive calendar quarters ending at the end of the calendar quarters set forth below to be greater than the ratio set forth opposite such calendar quarter below; provided that for the purposes of determining the ratio for any period of four consecutive calendar quarters ending at the end of the second, third and fourth full calendar quarters following the Closing Date, Consolidated EBITDA of Holdings and its Subsidiaries (i) for the third calendar quarter of 1996 shall be deemed to be $50,800,000, (ii) for the fourth calendar quarter of 1996 shall be deemed to be $50,800,000, and (iii) for the first and second calendar quarter of 1997 shall be deemed to be $51,800,000: 106 100 Fiscal Year Ratio ----------- ----- 1997 2nd 5.75 to 1.00 3rd 5.60 to 1.00 4th 5.50 to 1.00
Sample 1
Maintenance of Consolidated Total Debt to Consolidated EBITDA. Permit the ratio of (i) Consolidated Total Debt of the Borrower and its Subsidiaries as of the last day of each of the fiscal quarters set forth below less the aggregate amount of cash and Cash Equivalents shown on the consolidated balance sheet of the Borrower as of the last day of the applicable fiscal quarter (the amount of such cash and Cash Equivalents to only be deducted from Consolidated Total Debt if there are no Loans outstanding on the last day of such fiscal quarter) to (ii) Consolidated EBITDA of the Borrower and its Subsidiaries for the period of four consecutive fiscal quarters ending on the last day of each of the fiscal quarters set forth below to be greater than the ratio set forth opposite such fiscal quarter below: 69 Quarter Ending Amount 2003 June 30 4.00 to 1.00 September 30 4.00 to 1.00 December 31 4.00 to 1.00 2004 March 31 4.00 to 1.00 June 30 4.00 to 1.00 September 30 4.00 to 1.00 December 31 4.00 to 1.00 2005 March 31 4.00 to 1.00 June 30 4.00 to 1.00 September 30 and thereafter 3.75 to 1.00
Sample 1
Maintenance of Consolidated Total Debt to Consolidated EBITDA. Permit the ratio of Consolidated Total Debt of Holdings and its Subsidiaries to Consolidated EBITDA of Holdings and its Subsidiaries for any period of four consecutive calendar quarters ending at the end of the calendar quarters set forth below to be greater than the ratio set forth opposite such calendar quarter below; provided that for the purposes of determining the ratio for (i) the period of four consecutive calendar quarters ending at December 31, 1997, Consolidated EBITDA of Holdings and its Subsidiaries for the first and second calendar quarter of 1997 shall be deemed to be $51,800,000 and (ii) for any period of four consecutive calendar quarters ending at March 31, June 30, September 30 or December 31, 1998, Consolidated EBITDA of Holdings and its Subsidiaries for each calendar quarter ending prior to or on March 31, 1998 shall be deemed to be the sum of the actual Consolidated EBITDA of Holdings and its subsidiaries plus $9,000,000, which represents an approximation of the EBITDA of the Permitted Acquisitions contemplated to be made in connection with the Additional US Term Loan Amendment: Fiscal Year Ratio ----------- ----- 1997 4th 5.50 to 1.00 1998 1st 5.80 to 1.00 2nd 5.80 to 1.00 3rd 5.80 to 1.00
Sample 1
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Related to Maintenance of Consolidated Total Debt to Consolidated EBITDA

  • Maximum Consolidated Leverage Ratio As of the last day of each Fiscal Quarter of the Borrower (commencing with the Fiscal Quarter ending March 31, 2018), the Borrower shall not permit the Consolidated Leverage Ratio to be greater than 0.60 to 1.00.

  • Minimum Consolidated EBITDA The Borrower will not permit Modified Consolidated EBITDA, for any Test Period ending at the end of any fiscal quarter of the Borrower set forth below, to be less than the amount set forth opposite such fiscal quarter: Fiscal Quarter Amount September 30, 1997 $36,000,000 December 31, 1997 $36,000,000 March 31, 1998 $36,000,000 June 30, 1998 $37,000,000 September 30, 1998 $37,000,000 December 31, 1998 $38,000,000 March 31, 1999 $38,000,000 June 30, 1999 $39,000,000 September 30, 1999 $40,000,000 December 31, 1999 $41,000,000 March 31, 2000 $41,000,000 June 30, 2000 $42,000,000 September 30, 2000 $43,000,000 December 31, 2000 $44,000,000 March 31, 2001 $44,000,000 June 30, 2001 $45,000,000 September 30, 2001 $46,000,000 December 31, 2001 $47,000,000 March 31, 2002 $47,000,000

  • Maximum Consolidated Total Leverage Ratio The Borrower will cause the Consolidated Total Leverage Ratio to be less than (a) 4.00 to 1.00 at all times during the period from the Effective Date to and including December 30, 2009, (b) 3.75 to 1.00 at all times during the period from December 31, 2009 to and including December 30, 2010 and (c) less than 3.50 to 1.00 at all times thereafter.

  • Minimum Consolidated Fixed Charge Coverage Ratio Borrower shall not permit the Consolidated Fixed Charge Coverage Ratio, determined as at the end of each fiscal quarter, commencing with the fiscal quarter ending June 30, 2019, to be less than 1.00 to 1.00.

  • Consolidated Leverage Ratio Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 2.50 to 1.0.

  • Consolidated Total Net Leverage Ratio Permit the Consolidated Total Net Leverage Ratio on the last day of any fiscal quarter occurring during any period set forth below, to be greater than the ratio set forth below opposite such period: Period Maximum Consolidated Total Net Leverage Ratio Closing Date through and including September 30, 2014 7.25:1.00 December 31, 2014 through and including September 30, 2015 6.75:1.00 December 31, 2015 and thereafter 6.50:1.00

  • Consolidated Debt Service Coverage Ratio Permit the Consolidated Debt Service Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 1.25:1.00.

  • Minimum Consolidated Adjusted EBITDA The Borrowers will maintain, as of the last day of each Fiscal Quarter commencing with the Fiscal Quarter ending December 31, 2009, Consolidated Adjusted EBITDA for the four Fiscal Quarters then ended of not less than $22,500,000.

  • Consolidated Total Leverage Ratio Permit the Consolidated Total Leverage Ratio as of the last day of any fiscal quarter ending on or after September 30, 2008 to be greater than 3.5 to 1.0.

  • Consolidated Net Leverage Ratio Permit the Consolidated Net Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 4.50:1.00.

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