Net Debt Ratio Sample Clauses

Net Debt Ratio. The Issuer shall, at any time during the term of the Bonds, ensure that the Group on a consolidated basis maintains a Net Debt Ratio of no more than 80%.
Sample 1Sample 2Sample 3
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Net Debt Ratio. Permit the ratio of Net Debt of the Borrower and its consolidated Subsidiaries outstanding as of the last day of each fiscal quarter during any period set forth below to EBITDA of the Borrower and its consolidated Subsidiaries for the period of four consecutive fiscal quarters of the Borrower and its consolidated Subsidiaries ended on such date to exceed the ratio set forth opposite such period below: Period Ending Ratio ------------- ----- March 31, 2000 5.00x June 30, 2000 5.00x September 30, 2000 5.00x December 31, 2000 4.75x March 31, 2001 4.50x June 30, 2001 4.50x September 30, 2001 4.25x December 31, 2001 4.25x Period Ending Ratio ------------- ----- March 31, 2002 4.00x June 30, 2002 4.00x September 30, 2002 3.75x December 31, 2002 3.75x March 31, 2003 3.50x June 30, 2003 3.50x September 30, 2003 3.25x December 31, 2003 3.00x March 31, 2004 3.00x June 30, 2004 2.75x September 30, 2004 2.75x December 31, 2004 2.75x March 31, 2005 2.50x June 30, 2005 2.50x September 30, 2005 2.25x December 31, 2005 2.25x March 31, 2006 2.00x June 30, 2006 2.00x September 30, 2006 2.00x
Sample 1

Related to Net Debt Ratio

  • Total Debt Ratio The Loan Parties will not at any time permit the Total Debt Ratio to exceed 4.0 to 1.0. 10.17

  • Debt Ratio Permit the Debt Ratio at the last day of any fiscal quarter to be greater than the ratio set forth below opposite the fiscal quarter during which such fiscal quarter occurs: Fiscal Quarter Ending Ratio --------------------- ----- December 31, 1999 4.75 March 31, 2000 4.75 June 30, 2000 4.75 September 30, 2000 4.50 December 31, 2000 4.50 March 31, 2001 4.50 June 30, 2001 4.50 September 30, 2001 3.75 December 31, 2001 3.75 March 31, 2002 3.75 June 30, 2002 3.75 September 30, 2002 3.25 and thereafter

  • Funded Debt Ratio Maintain its Funded Debt Ratio at not greater than (a) 3.75 to 1.00 at each fiscal quarter ending through and including December 31, 2003, (b) 3.50 to 1.00 as of March 31, 2004 and June 30, 2004, (c) 3.00 to 1.00 as of September 30, 2004, (b) 2.50 to 1.00 as of December 31, 2004 and at each fiscal quarter ending thereafter through and including September 30, 2005, and (c) 2.00 to 1.00 as of December 31, 2005 and as of each fiscal quarter ending thereafter.

  • 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.

  • 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.

  • Adjusted Leverage Ratio The Borrower shall not permit the Adjusted Leverage Ratio as at the end of any Fiscal Quarter to be greater than the following for the respective periods set forth below: Period Adjusted Leverage Ratio Closing Date to and including March 27, 2004 3.75:1.00 March 28, 2004 to and including June 26, 2004 4.75:1.00 June 27, 2004 to and including July 2, 2005 5.60:1:00 July 3, 2005 and any time thereafter 5.25:1.00

  • 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

  • Consolidated Total Leverage Ratio Permit the Consolidated Total Leverage Ratio as of the last day of any fiscal quarter ending on or after September 30, 2008 to be greater than 3.5 to 1.0.

  • Maximum Consolidated Total Leverage Ratio The Borrower will cause the Consolidated Total Leverage Ratio to be less than (a) 4.00 to 1.00 at all times during the period from the Effective Date to and including December 30, 2009, (b) 3.75 to 1.00 at all times during the period from December 31, 2009 to and including December 30, 2010 and (c) less than 3.50 to 1.00 at all times thereafter.

  • Total Net Leverage Ratio The Borrower will not permit the Total Net Leverage Ratio as of the end of any Fiscal Quarter to exceed 3.50 to 1.00.

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