Maximum Funded Debt Ratio. The Borrower will not permit at any time the ratio of (i) Funded Debt to (ii) EBITDA, for each period consisting of the most recently ended four consecutive fiscal quarters of the Borrower, to exceed 3.00 to 1.00.
Appears in 4 contracts
Samples: Credit Agreement (Viad Corp), Credit Agreement (Dial Corp /New/), Credit Agreement (Viad Corp)
Maximum Funded Debt Ratio. The Borrower will not permit at any time the ratio of (i) Funded Debt to (ii) EBITDA, EBITDA for each any four fiscal quarter period consisting of ending on the most recently ended four consecutive fiscal quarters of dates set forth below to be greater than the Borrower, to exceed 3.00 to 1.00.correlative ratio indicated:
Appears in 1 contract
Samples: Credit Agreement (Dial Corp /New/)
Maximum Funded Debt Ratio. The Borrower will Loan Parties shall not permit at any time permit the ratio of (i) consolidated Funded Debt of the Borrowers and their Subsidiaries to (ii) Consolidated EBITDA, for each period consisting calculated as of the most recently ended end of each fiscal quarter for the four consecutive immediately preceding fiscal quarters of quarters, beginning with the Borrowerfiscal quarter first ending after the Closing Date and continuing thereafter, to exceed 3.00 to 1.00.
Appears in 1 contract
Maximum Funded Debt Ratio. The Borrower Company will not permit at any time the its ratio of (i) Funded Debt to (ii) EBITDA, for each period consisting of the most recently ended four consecutive fiscal quarters of the BorrowerCompany, to exceed 3.00 to 1.00.
Appears in 1 contract
Samples: Credit Agreement (Viad Corp)