Maximum Total Funded Indebtedness to EBITDA Sample Clauses

Maximum Total Funded Indebtedness to EBITDA. Effective for all reporting periods after the date hereof, Section 15.4 of the Loan Agreement is deleted in its entirety and replaced with the following:
Sample 1
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Maximum Total Funded Indebtedness to EBITDA. Each Borrower covenants that (A) the ratio of Total Funded Indebtedness, calculated as of March 31, 2008, to EBITDA, calculated as of March 31, 2008 for the preceding four fiscal quarters then ended, shall be no more than 4.40:1.00, and (B) the ratio of Total Funded Indebtedness, calculated as of the last day of each fiscal quarter ending after March 31, 2008, to EBITDA, calculated as of the last day of each fiscal quarter ending after March 31, 2008, for the preceding four fiscal quarters then ended, shall be no more than 4.40:1.00.
Sample 1
Maximum Total Funded Indebtedness to EBITDA. Each Borrower covenants that the ratio of Total Funded Indebtedness to EBITDA, calculated as of the last day of each fiscal quarter for the four fiscal quarter period then ended: (i) shall be no more than 4.00:1.00 for any fiscal quarter ending after the Effective Date and on or before January 5, 2002, (ii) shall be no more than 3.75:1.00 for any fiscal quarter ending after January 5, 2002 and on or before January 5, 2003, and (iii) shall be no more than 3.50:1.00 for any fiscal quarter ending after January 5, 2003.
Sample 1
Maximum Total Funded Indebtedness to EBITDA. Each Borrower covenants that the ratio of Total Funded Indebtedness as of the last day of any fiscal quarter, to EBITDA, calculated as of the last day of each fiscal quarter for the four fiscal quarter period then ended, shall be no greater than the ratio specified below; provided, however for the October 5, 2008 calculation, the EBITDA component of such ratio shall be calculated only for such fiscal quarter end on an annualized basis, for the January 5, 2008 calculation, the EBITDA component of such ratio shall be calculated only for the two most recent fiscal quarters ended on an annualized basis, and for the April 5, 2009 calculation, the EBITDA component of such ratio shall be calculated only for the three most recent fiscal quarters ended on an annualized basis: October 5, 2008 2.75:1.00 January 5, 2009 2.75:1.00 April 5, 2009 2.75:1.00”
Sample 1

Related to Maximum Total Funded Indebtedness to EBITDA

  • 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 To maintain on a consolidated basis a ratio of Funded Debt to EBITDA not exceeding 2.0:1.0.

  • Maximum Total Leverage Ratio The Borrower shall maintain, on the last day of each fiscal quarter set forth below, a Total Leverage Ratio of not more than the maximum ratio set forth below opposite such fiscal quarter: October 31, 2007, January 31, 2008, April 30, 2008, July 31, 2008, October 31, 2008 and January 31, 2009 4.7 to 1 April 30, 2009, July 31, 2009, October 31, 2009 and January 31, 2010 4.2 to 1 April 30, 2010 and each fiscal quarter thereafter 4.0 to 1

  • 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.

  • Minimum Consolidated EBITDA The Borrower will not permit Modified Consolidated EBITDA, for any Test Period ending at the end of any fiscal quarter of the Borrower set forth below, to be less than the amount set forth opposite such fiscal quarter: Fiscal Quarter Amount September 30, 1997 $36,000,000 December 31, 1997 $36,000,000 March 31, 1998 $36,000,000 June 30, 1998 $37,000,000 September 30, 1998 $37,000,000 December 31, 1998 $38,000,000 March 31, 1999 $38,000,000 June 30, 1999 $39,000,000 September 30, 1999 $40,000,000 December 31, 1999 $41,000,000 March 31, 2000 $41,000,000 June 30, 2000 $42,000,000 September 30, 2000 $43,000,000 December 31, 2000 $44,000,000 March 31, 2001 $44,000,000 June 30, 2001 $45,000,000 September 30, 2001 $46,000,000 December 31, 2001 $47,000,000 March 31, 2002 $47,000,000

  • Maximum Consolidated Leverage Ratio The Consolidated Leverage Ratio at any time may not exceed 0.75 to 1.00; and

  • 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.

  • Total Debt The total Debt of all Consolidated Subsidiaries of the Borrower, excluding the Debt, if any, owed by such Consolidated Subsidiaries to the Borrower or another Consolidated Subsidiary of the Borrower, will at no time exceed an amount equal to $500,000,000 (or the Exchange Equivalent thereof).

  • Maximum Senior Leverage Ratio Permit the Senior Leverage Ratio on the last day of any fiscal quarter during any period set forth below to be greater than the ratio set forth opposite such date or period below: Period Ratio ------ ----- September 30, 2001 2.50:1.0 December 31, 2001 2.00:1.0 March 31, 2002 through June 30, 2002 2.50:1.0 September 30, 2002 2.00:1.0 December 31, 2002 1.50:1.0 March 31, 2003 through June 30, 2003 2.00:1.0 September 30, 2003 1.50:1.0 December 31, 2003 and thereafter 1.25:1.0

  • Maximum Leverage Ratio The Borrower will not permit the Leverage Ratio as of the end of any fiscal quarter to be greater than 0.55 to 1.00.

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