Maximum Total Funded Debt to EBITDA Ratio. Parent and its consolidated Subsidiaries shall not permit the ratio of Total Funded Debt to EBITDA to exceed 3.00 to 1.00, tested at the end of each fiscal quarter of Parent, commencing June 30, 2016, all as determined, in the case of Total Funded Debt, on the date of determination, and in the case of EBITDA, for the preceding four fiscal quarters of Parent and its consolidated Subsidiaries ending on the date of determination. This covenant shall be tested quarterly at the end of each fiscal quarter.
Maximum Total Funded Debt to EBITDA Ratio. 1. Total Funded Debt $________
Maximum Total Funded Debt to EBITDA Ratio. The Company shall have, on a consolidated basis at the end of each fiscal quarter of the Company set forth below, a ratio of (i) Total Funded Debt measured as of the last day of such fiscal quarter to (ii) EBITDA for such fiscal quarter of not more than the following:
Maximum Total Funded Debt to EBITDA Ratio. Rand shall have on a consolidated basis, at the end of each Fiscal Quarter ending on the dates set forth below, a Total Funded Debt to EBITDA Ratio as of the last day of such Fiscal Quarter and for the 12-month period then ended of less than the following: Fiscal Quarter End Dates Ratio June 30, 2014 7.50:1.00 September 30, 2014 7.50:1.00 December 31, 2014 7.50:1.00 March 31, 2015 7.50:1.00 June 30, 2015 7.50:1.00 September 30, 2015 7.00:1.00 December 31, 2015 6.25:1.00 March 31, 2016 6.25:1.00 June 30, 2016 6.25:1.00 September 30, 2016 6.25:1.00 December 31, 2016 5.50:1.00 March 31, 2017 5.50:1.00 June 30, 2017 5.50:1.00 September 30, 2017 5.50:1.00 December 31, 2017 5.50:1.00 March 31, 2018 5.50:1.00 June 30, 2018 and thereafter 5.25:1.00
Maximum Total Funded Debt to EBITDA Ratio. Section 5(b) of the Credit Agreement. Required Funded Debt to EBITDA Ratio shall be not more than:
Maximum Total Funded Debt to EBITDA Ratio. Not permit the Total Funded Debt to EBITDA Ratio, as measured on a rolling four quarter basis, to be greater than the amounts for the Fiscal Quarters ending as indicated below: Fiscal Quarter ending Maximum Total Funded Debt to EBITDA Ratio 3/31/2023 – 6/30/2024 3.00 to 1.0
Maximum Total Funded Debt to EBITDA Ratio. Maintain, as of the last day of each Fiscal Quarter, commencing with the Fiscal Quarter ending December 31, 1999, a Total Funded Debt to EBITDA Ratio of not greater than 2.75:1.00.
Maximum Total Funded Debt to EBITDA Ratio. The Company and its consolidated Subsidiaries shall not permit the ratio of Total Funded Debt to EBITDA to exceed the following ratio as of the following dates, all as determined, in the case of Total Funded Debt, on the date of determination, and in the case of EBITDA, for the preceding four fiscal quarters of the Company and its consolidated Subsidiaries ending on the date of determination: Date of Determination Maximum Ratio June 30, 2006 and at the end of each fiscal quarter thereafter through and including March 31, 2009 2.50 to 1.00 June 30, 2009 and at the end of each fiscal quarter thereafter 3.00 to 1.00”
Maximum Total Funded Debt to EBITDA Ratio. As of the last day of any fiscal quarter ending (i) after the Amendment No. 2 Effective Date through January 31, 2020, permit the Total Funded Debt to EBITDA Ratio to be greater than 3.50 to 1.00 and (ii) thereafter, permit the Total Funded Debt to EBITDA Ratio to be greater than 3.25 to 1.00; provided that, solely with respect to this Section 9.13(b), upon the consummation of a Qualified Acquisition, the then applicable Total Funded Debt to EBITDA Ratio shall increase to 3.75 to 1.00 as of the end of the fiscal quarter in which such Qualified Acquisition is consummated and the immediately following four (4) fiscal quarters thereafter.
Maximum Total Funded Debt to EBITDA Ratio. Not permit the Total Funded Debt to EBITDA Ratio, tested quarterly, to be greater than the amounts for the Fiscal Quarters ending as indicated below: Fiscal Quarter ending Maximum Total Funded Debt to EBITDA Ratio
