Maximum Consolidated Total Funded Debt to Consolidated EBITDA. As at the end of any fiscal quarter, the Borrowers shall not permit 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 then ending to exceed the ratio set forth below opposite such fiscal quarter:
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Samples: Revolving Credit and Term Loan Agreement (Casella Waste Systems Inc)
Maximum Consolidated Total Funded Debt to Consolidated EBITDA. As at the end of any fiscal quarter, the Borrowers shall not permit 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 then ending on the date of calculation (i) prior to and including December 31, 2006, shall not exceed the ratio set forth below opposite such fiscal quarter:2.5:1.0 and (ii) thereafter shall not exceed 2.0:1.0.
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Maximum Consolidated Total Funded Debt to Consolidated EBITDA. As at of the end of any fiscal quarter, the Borrowers shall not permit 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 then ending on the date of calculation (i) prior to and including June 30, 2008, shall not exceed the ratio set forth below opposite such fiscal quarter:2.5:1.0 and (ii) thereafter shall not exceed 2.0:1.0."
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Maximum Consolidated Total Funded Debt to Consolidated EBITDA. As at of the end of any fiscal quarter, the Borrowers shall not permit 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 then ending on the date of calculation (i) prior to and including December 31, 2008, shall not exceed the ratio set forth below opposite such fiscal quarter:2.5:1.0 and (ii) thereafter shall not exceed 2.0:1.0.β
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