Maximum Funded Debt to EBITDA Ratio. Borrower shall maintain as of the last day of any fiscal quarter, a Funded Debt to EBITDA Ratio of not more than the ratio set forth below: For Fiscal Quarters Ending Maximum Ratio On or after November 27, 1997 and before March 3, 1999 2.00 to 1 On or after March 3, 1999 1.50 to 1
Maximum Funded Debt to EBITDA Ratio. The ratio of Borrower's Funded Debt as of the end of any fiscal quarter of Borrower to Borrower's EBITDA for the four fiscal quarters then ended shall not be greater than 3.00 to 1.00.
Maximum Funded Debt to EBITDA Ratio. The Company agrees that it will not permit its Funded Debt to EBITDA Ratio to be greater than 3.00 to 1.00.
Maximum Funded Debt to EBITDA Ratio. The Borrower shall maintain as of the last day of each fiscal quarter a ratio of (i) Funded Debt of the Borrower and its Subsidiaries on a consolidated basis, to (ii) Consolidated EBITDA for the twelve-month period ended on such date, of not more than 2.00 to 1.00.
Maximum Funded Debt to EBITDA Ratio. Total Funded Debt EBITDA Funded Debt Ratio Required Maximum Ratio* In Compliance? (Yes/No): • Maximum Required:
Maximum Funded Debt to EBITDA Ratio. The ratio of Funded Debt of the Borrower and its Consolidated Subsidiaries as of the last day of each Fiscal Quarter set forth below to EBITDA of the Borrower and its Consolidated Subsidiaries for the four Fiscal Quarter period ending at the end of each such Fiscal Quarter to be less than the ratio set forth opposite such Fiscal Quarter end: Fiscal Quarter Ending Ratio --------------------- ----- December 31, 1997 6.75 to 1 March 31, 1998 6.75 to 1 June 30, 1998 6.75 to 1 September 30, 1998 6.75 to 1 December 31, 1998 5.75 to 1 and each Fiscal Quarter ending thereafter
Maximum Funded Debt to EBITDA Ratio. As at the last day of each fiscal quarter, commencing with the fiscal quarter ending September 30, 1999, the Borrower's Funded Debt to EBITDA Ratio shall not exceed 3.25:1.00, computed on a rolling four-quarter basis, based on information contained in the Borrower's current financial statements and its financial statements for the preceding three quarters."
Maximum Funded Debt to EBITDA Ratio. The Borrower will maintain a maximum Funded Debt to EBITDA Ratio of not greater than 2.75 to 1.0.
Maximum Funded Debt to EBITDA Ratio. Commencing with the fiscal quarter ending December 31, 2010, and measured each fiscal quarter thereafter, Borrower shall maintain a Funded Debt to EBITDA Ratio of not more than the following: The Quarters Ending: Required Ratio: December 31, 2010 through September 30, 2011 5.0 to 1.0 December 31, 2011 through September 30, 2012 4.5 to 1.0 December 31, 2012 through September 30, 2013 4.0 to 1.0 December 31, 2013 through September 30, 2014 3.5 to 1.0 December 31, 2014 and thereafter 3.0 to 1.0 The Funded Debt to EBITDA Ratio shall be measured quarterly, on a rolling four-quarter basis.”
Maximum Funded Debt to EBITDA Ratio. The ratio of Domestic Borrower's Funded Debt as of the end of any fiscal quarter of Domestic Borrower to Domestic Borrower's EBITDA for the four consecutive fiscal quarters then ended shall not exceed the applicable ratio in the following table: ----------------------------------- ----------------------- During the period The applicable ratio is ----------------------------------- ----------------------- Effective Date to July 1, 2000 3.0 to 1.0 ----------------------------------- ----------------------- From July 1, 2000 to July 1, 2001 2.75 to 1.0 ----------------------------------- ----------------------- After June 30, 2001 2.5 to 1.0 ----------------------------------- -----------------------
