Common use of Maximum Funded Debt to EBITDA Clause in Contracts

Maximum Funded Debt to EBITDA. The ratio of Funded Debt to EBITDA, determined as of the last day of each calendar quarter and measured for the preceding period of four calendar quarters, shall not exceed the following prescribed amounts, as applicable:

Appears in 3 contracts

Samples: Loan and Security Agreement (Amcraft Building Products Co Inc), Loan and Security Agreement (American Builders & Contractors Supply Co Inc), Loan and Security Agreement (American Builders & Contractors Supply Co Inc)

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Maximum Funded Debt to EBITDA. The ratio of Funded Debt to ----------------------------- EBITDA, determined as of the last day of each calendar quarter and measured for the preceding period of four calendar quarters, shall not exceed the following prescribed amounts, as applicable:

Appears in 1 contract

Samples: Loan and Security Agreement (American Builders & Contractors Supply Co Inc)

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Maximum Funded Debt to EBITDA. The ratio of Funded Debt to ----------------------------- EBITDA, determined as of the last day of each calendar quarter and measured for the preceding period of four calendar quarters, shall not exceed the following prescribed amounts, as applicable:6.00 to 1.0.

Appears in 1 contract

Samples: Loan and Security Agreement (American Builders & Contractors Supply Co Inc)

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