Common use of Maximum Consolidated Total Funded Debt to Consolidated EBITDA Clause in Contracts

Maximum Consolidated Total Funded Debt to Consolidated EBITDA. As at the end of any fiscal quarter, the ratio of (a) Consolidated Total Funded Debt as of such date to (b) Consolidated EBITDA for the period of four (4) consecutive fiscal quarters ending on the date of calculation (i) prior to and including December 31, 2005, shall not exceed 2.20: 1.0 and (ii) thereafter shall not exceed 2.00:1.0.

Appears in 1 contract

Samples: Loan Agreement (National Dentex Corp /Ma/)

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Maximum Consolidated Total Funded Debt to Consolidated EBITDA. As at of the end of any fiscal quarter, the ratio of (a) Consolidated Total Funded Debt as of such date to (b) Consolidated EBITDA for the period of four (4) consecutive fiscal quarters ending on the date of calculation (i) prior to and including December 31June 30, 20052008, shall not exceed 2.20: 1.0 2.5:1.0 and (ii) thereafter shall not exceed 2.00:1.02.0:1.0."

Appears in 1 contract

Samples: Loan Agreement (National Dentex Corp /Ma/)

Maximum Consolidated Total Funded Debt to Consolidated EBITDA. As at the end of any fiscal quarter, the ratio of (a) Consolidated Total Funded Debt as of such date to (b) Consolidated EBITDA for the period of four (4) consecutive fiscal quarters ending on the date of calculation (i) prior to and including December 31, 20052006, shall not exceed 2.20: 1.0 2.5:1.0 and (ii) thereafter shall not exceed 2.00:1.02.0:1.0.

Appears in 1 contract

Samples: Loan Agreement (National Dentex Corp /Ma/)

Maximum Consolidated Total Funded Debt to Consolidated EBITDA. As at of the end of any fiscal quarter, the ratio of (a) Consolidated Total Funded Debt as of such date to (b) Consolidated EBITDA for the period of four (4) consecutive fiscal quarters ending on the date of calculation (i) prior to and including December 31June 30, 20052008, shall not exceed 2.20: 1.0 2.5:1.00; (ii) as of September 30, 2008, shall not exceed 2.75:1.00; (iii) as of December 31, 2008, shall not exceed 2.5:1.00; and (iiiv) thereafter shall not exceed 2.00:1.02.0:1.00.

Appears in 1 contract

Samples: Loan Agreement (National Dentex Corp /Ma/)

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Maximum Consolidated Total Funded Debt to Consolidated EBITDA. As at of the end of any fiscal quarter, the ratio of (a) Consolidated Total Funded Debt as of such date to (b) Consolidated EBITDA for the period of four (4) consecutive fiscal quarters ending on the date of calculation (i) prior to and including December 31, 20052008, shall not exceed 2.20: 1.0 2.5:1.0 and (ii) thereafter shall not exceed 2.00:1.02.0:1.0.

Appears in 1 contract

Samples: Loan Agreement (National Dentex Corp /Ma/)

Maximum Consolidated Total Funded Debt to Consolidated EBITDA. As at of the end of any fiscal quarter, the ratio of (a) Consolidated Total Funded Debt as of such date to (b) Consolidated EBITDA for the period of four (4) consecutive fiscal quarters ending on the date of such calculation (i) prior to and including December 31March 30, 20052009, shall not exceed 2.20: 1.0 2.75:1.0; (ii) prior to and including June 30, 2009, shall not exceed 2.50:1.0; (iii) prior to and including September 30, 2009, shall not exceed 2.25:1.0; and (iiiv) thereafter shall not exceed 2.00:1.02.0:1.0.

Appears in 1 contract

Samples: Loan Agreement (National Dentex Corp /Ma/)

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