Maximum Ratio of Total Debt to EBITDA Sample Clauses

Maximum Ratio of Total Debt to EBITDA. The Borrower and its consolidated Subsidiaries will not permit the ratio, calculated as of the end of each fiscal quarter of the Borrower commencing with the fiscal quarter ended April 30, 1997, and in accordance with Section 1.4, of (i) Total Debt to (ii) EBITDA for the four fiscal quarters of the Borrower then ended to be greater than the ratio of 3.00 to 1.00."
Sample 1See All (4)
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Maximum Ratio of Total Debt to EBITDA. The Borrower and its consolidated Subsidiaries will not permit the ratio, calculated as of the end of each fiscal quarter of the Borrower commencing with the fiscal quarter ended April 30, 1997, and in accordance with Section 1.4, of (i) Total Debt to (ii) EBITDA for the four fiscal quarters of the Borrower then ended to be greater than the ratio set forth below for the applicable fiscal quarter end: Fiscal Quarter Ended Maximum Ratio -------------------- ------------- April 30, 1997, July 31, 1997, October 31, 1997, January 31, 1998 and April 30, 1998 3.25 to 1.00 July 31, 1998 and October 31, 1998 3.00 to 1.00 January 31, 1999 3.25 to 1.00 April 30, 1999 3.50 to 1.00 July 31, 1999 3.75 to 1.00 October 31, 1999 3.60 to 1.00 January 31, 2000 3.10 to 1.00 April 30, 2000 and each fiscal quarter end 3.00 to 1.00" thereafter
Sample 1See All (4)
Maximum Ratio of Total Debt to EBITDA. Borrower shall not permit the ------------------------------------- ratio of the Indebtedness of the Consolidated Entity as of the last day of each quarter during each period set forth below to EBITDA for the four quarter period ending on such last day (or in the case of periods ending on or before September 30, 1999, for the period from and including October 1, 1998 to the end of such period, treated as a single accounting period) to be greater than the amount set forth below opposite such period: Maximum Period Ratio ------ -------- December 31, 1998 18.50:1.00 March 31, 1999 8.75:1.00 June 30, 1999 5.50:1.00 September 30, 1999 3.90:1.00 December 31, 1999 3.55:1.00 March 31, 2000 3.30:1.00 June 30, 2000 3.15:1.00 September 30, 2000 3.00:1.00 December 31, 2000 2.85:1.00 March 31, 2001 2.70:1.00 June 30, 2001 2.65:1.00 September 30, 2001 2.60:1.00 December 31, 2001 2.40:1.00 March 31, 2002 2.40:1.00 June 30, 2002 2.30:1.00 62 September 30, 2002 2.20:1.00 December 31, 2002 2.00:1.00 March 31, 2003 1.75:1.00 June 30, 2003 1.50:1.00 September 30, 2003 1.50:1.00 December 31, 2003 1.25:1.00 Last Day of Each Quarter Thereafter 1.00:1.00
Sample 1

Related to Maximum Ratio of Total Debt to EBITDA

  • Ratio of Total Debt to EBITDAX The Borrower will not, at any time, permit its ratio of Total Debt as of such time to EBITDAX for the four fiscal quarters ending on the last day of the fiscal quarter immediately preceding the date of determination for which financial statements are available to be greater than 3.5 to 1.0.

  • Total Debt to EBITDA Ratio The Total Debt to EBITDA Ratio will not exceed 4.0 to 1.0 at the end of any fiscal quarter.

  • Funded Debt to EBITDA Section 10.2 of the Loan Agreement is hereby amended and restated in its entirety to read as follows:

  • Funded Debt to EBITDA Ratio A. Funded Debt

  • Debt to EBITDA Ratio Maintain, as of the end of each fiscal quarter, a ratio of (i) Debt, excluding Debt in respect of Hedge Agreements, as of such date to (ii) Consolidated EBITDA of the Company and its Consolidated Subsidiaries for the period of four fiscal quarters most recently ended, of not greater than 4.0 to 1.0.

  • Maximum Total Leverage Ratio Permit the Total Leverage Ratio as of the end of any fiscal quarter ending on or after September 30, 2006, to be greater than the ratio set forth below opposite the fiscal quarter end: Fiscal Quarter Ending Ratio on or prior to December 31, 2008 6.50 to 1.0 thereafter but on or prior to December 31, 2010 6.00 to 1.0 after December 31, 2010 5.50 to 1.0

  • Maximum Leverage Ratio As of the last day of each fiscal quarter, the Borrower shall not permit the ratio (the "Leverage Ratio") of (i) Consolidated Funded Indebtedness to (ii) EBITDA of the Borrower and its Subsidiaries, as at the end of and for the period of four consecutive fiscal quarters ending on such day, to be greater than (i) 2.00 to 1.00.

  • Total Leverage Ratio The Company will not permit the Leverage Ratio as of the last day of any fiscal quarter ending during any period set forth below to exceed the ratio set forth opposite such period: Period Ratio October 1, 2002 through and including December 31, 2002 6.85 to 1.00 January 1, 2003 through and including March 31, 2003 7.50 to 1.00 April 1, 2003 through and including September 30, 2003 7.75 to 1.00 October 1, 2003 through and including December 31, 2003 7.25 to 1.00 January 1, 2004 through and including December 31, 2004 6.50 to 1.00 January 1, 2005 and thereafter 4.00 to 1.00

  • Leverage Ratio The Borrower will not permit the Leverage Ratio to exceed 4.50 to 1.0 on the last day of any Fiscal Quarter.

  • Cash Flow Coverage Ratio The ratio of (a) the Borrower's Cash Flow to (b) the sum of (i) the Borrower's consolidated Interest Expense plus (ii) the Borrower's scheduled payments of principal (including the principal component of Capital Leases) to be paid during the 12 months following any date of determination shall at all times exceed (1) 1.5 to 1.0. Compliance with the ratio will be tested as of the last day of each month, with Cash Flow and Interest Expense being calculated for the twelve months then ended.

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