Common use of Maximum Total Debt to EBITDA Ratio Clause in Contracts

Maximum Total Debt to EBITDA Ratio. Maintain, as of the end of each period of four Fiscal Quarters, a ratio of Total Debt to Consolidated EBITDA of Parent and its Subsidiaries for such period of four Fiscal Quarters of not greater than the amount set forth below for each period set forth below: Four Fiscal Quarter Period Ending On or About Ratio ------------------------- ----- June 30, 1997 3.25:1.00 September 30, 1997 3.00:1.00 December 31, 1997 3.00:1.00 March 31, 1998 3.00:1.00 June 30, 1998 3.00:1.00 September 30, 1998 and thereafter 2.75:1.00

Appears in 1 contract

Samples: Credit Agreement (Authentic Fitness Corp)

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Maximum Total Debt to EBITDA Ratio. Maintain, as of the end of each period of four Fiscal Quartersfiscal month, a ratio of Total Debt to Consolidated EBITDA of Parent and its Subsidiaries for such period of four Fiscal Quarters twelve fiscal months ending at the end of each such fiscal month of not greater than the amount set forth below for each fiscal month ending during the period set forth below: Four Twelve Fiscal Quarter Month Period Ending On on or About Ratio ------------------------- ------------------ ----- June 30, 1997 - August 31, 1997 3.25:1.00 September 30, 1997 3.00:1.00 December - August 31, 1997 3.00:1.00 March 31, 1998 3.00:1.00 June 30, 1998 3.00:1.00 September 30, 1998 and thereafter 2.75:1.00

Appears in 1 contract

Samples: The Credit Agreement (Authentic Fitness Corp)

Maximum Total Debt to EBITDA Ratio. Maintain, as of the end of each period of four Fiscal Quartersfiscal month, a ratio of Total Debt to Consolidated EBITDA of Parent and its Subsidiaries for such the period of four Fiscal Quarters twelve fiscal months ending at the end of each such fiscal month of not greater than the amount set forth below for each fiscal month ending during the period set forth below: Four Fiscal Quarter Period Ending On or About Ratio ------------------------- ----- TWELVE FISCAL MONTH PERIOD ENDING ON OR ABOUT RATIO --------------------------------------------- --------- June 30, 1997 - August 31, 1997 3.25:1.00 September 30, 1997 3.00:1.00 December - May 31, 1997 3.00:1.00 March 31, 1998 1999 3.00:1.00 June 30, 1998 3.00:1.00 September 30, 1998 1999 and thereafter 2.75:1.00

Appears in 1 contract

Samples: Credit Agreement (Authentic Fitness Corp)

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Maximum Total Debt to EBITDA Ratio. Maintain, as of the end of each period of four Fiscal Quartersfiscal month, a ratio of Total Debt to Consolidated EBITDA of Parent and its Subsidiaries for such period of four Fiscal Quarters twelve fiscal months ending at the end of each such fiscal month of not greater than the amount set forth below for each fiscal month ending during the period set forth below: Four Twelve Fiscal Quarter Month Period Ending On on or About Ratio ------------------------- --------------------------- ----- June 30, 1997 - August 31, 1997 3.25:1.00 September 30, 1997 3.00:1.00 December - August 31, 1997 3.00:1.00 March 31, 1998 3.00:1.00 June 30, 1998 3.00:1.00 September 30, 1998 and thereafter 2.75:1.00

Appears in 1 contract

Samples: Credit Agreement (Authentic Fitness Corp)

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