Net Debt EBITDA Ratio Sample Clauses

The Net Debt EBITDA Ratio clause defines the relationship between a company's net debt and its earnings before interest, taxes, depreciation, and amortization (EBITDA). This clause typically sets a maximum allowable ratio, requiring the company to maintain its net debt at a level that does not exceed a specified multiple of its EBITDA, often as a financial covenant in loan agreements. By establishing this ratio, the clause helps lenders monitor the company's leverage and financial health, ensuring that the borrower does not take on excessive debt relative to its earnings capacity.
Net Debt EBITDA Ratio. The Borrower will not permit the Net Debt to EBITDA Ratio as of the end of any Fiscal Quarter ending (i) prior to March 30, 2013, to be greater than 5.00 to 1.00, (ii) on or after March 30, 2013 and prior to March 29, 2014, to be greater than 4.75:1.00, or (iii) on or after March 29, 2014, to be greater than 4.50:1.00.
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Net Debt EBITDA Ratio. The Borrower at all times shall maintain the Net Debt/EBITDA Ratio at less than or equal to 4.00:1:00 and shall calculate such ratio as at the last day of each Fiscal Quarter.
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Net Debt EBITDA Ratio. TFPM at all times shall maintain the Net Debt/EBITDA Ratio at less than or equal to [REDACTED – ratio deleted] and shall calculate such ratio as at the last day of each Fiscal Quarter.
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Net Debt EBITDA Ratio. The Borrower shall ensure that its Net Debt / EBITDA Ratio shall not exceed as of the last day of any fiscal year of the Borrower:
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Related to Net Debt EBITDA Ratio

  • Total Debt to EBITDA Ratio Not permit the Total Debt to EBITDA Ratio as of the last day of any Computation Period to exceed 3.25 to 1.00.

  • Funded Debt to EBITDA Ratio To maintain on a consolidated basis a ratio of Funded Debt to EBITDA not exceeding 3.0:1.0.

  • 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.

  • Funded Debt to EBITDA Maintain, tested on the last day of each fiscal quarter, a ratio of (i) Funded Debt of Borrower as of the last day of such fiscal quarter to (ii) EBITDA for the four (4) consecutive fiscal quarters of Borrower then ended, not greater than 3.25 to 1.

  • Cash Flow Leverage Ratio The Borrower will not permit the Cash Flow Leverage Ratio on the last day of any fiscal quarter to exceed 3.50 to 1.00.