Net Senior Debt to EBITDA Ratio Sample Clauses

Net Senior Debt to EBITDA Ratio. 70 Section 6.5 Net Total Debt to EBITDA Ratio 71 ARTICLE VII CONDITIONS TO LOANS AND LETTERS OF CREDIT 71
Sample 1
AutoNDA by SimpleDocs
Net Senior Debt to EBITDA Ratio. Borrower will not permit the ratio of (i) Net Senior Debt on any date set forth below to (ii) EBITDA for the twelve (12) month period ending on such date to exceed the ratio set forth below opposite such date: Date Ratio September 30, 2008 3.75 December 31, 2008 3.75 March 31, 2009 3.60 June 30, 2009 3.00 September 30, 2009 2.75 December 31, 2009 2.50 March 31, 2010 2.25 June 30, 2010 and at the end of each Fiscal Quarter thereafter 2.00
Sample 1
Net Senior Debt to EBITDA Ratio. Not permit the Net Senior Debt to EBITDA Ratio as of the last day of any Computation Period to exceed of 3.75 to 1.00 as of the last day of each Fiscal Quarter, through March 31, 2023, and reducing to 3.25 to 1.00 thereafter (subject to increase to 3.75 to 1.0 for any such Fiscal Quarter in which a Permitted Acquisition with a value greater than $100,000,000 is consummated and for the two consecutive full Fiscal Quarters thereafter).
Sample 1

Related to Net Senior Debt to EBITDA Ratio

  • Senior Debt to EBITDA Ratio Not permit the Senior Debt to EBITDA Ratio to be greater than 2.15 to 1.00 as of the end of the Company’s fiscal quarter ending on or about December 31, 2004 or the end of any fiscal quarter thereafter; such ratio to be determined in accordance with GAAP using the ratio of Senior Debt as of the end of such fiscal quarter to EBITDA for the period of four consecutive fiscal quarters of the Company then ending.

  • 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 to EBITDA Ratio The Total Debt to EBITDA Ratio will not exceed 4.0 to 1.0 at the end of any fiscal quarter.

  • Funded Debt to EBITDA Ratio A. Funded Debt

  • Ratio of Total Debt to EBITDAX The Borrower will not, at any time, permit its ratio of Total Debt as of such time to EBITDAX for the four fiscal quarters ending on the last day of the fiscal quarter immediately preceding the date of determination for which financial statements are available to be greater than 3.5 to 1.0.

  • Funded Debt to EBITDA Section 10.2 of the Loan Agreement is hereby amended and restated in its entirety to read as follows:

  • 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.

  • Senior Debt Ratio The Borrower will not permit the Senior Debt Ratio to exceed the following respective ratios at any time during the following respective periods: Period Ratio From the date hereof through February 28, 2007 4.75 to 1 From March 1, 2007 through February 29, 2008 3.75 to 1 From March 1, 2008 and all times thereafter 3.00 to 1

  • Consolidated Senior Leverage Ratio Permit at any time the Consolidated Senior Leverage Ratio to exceed the ratio set forth opposite the applicable period below: Consolidated Period Senior Leverage Ratio ------ --------------------- March 30, 2003 2.30 : 1.00 March 31, 2003 - June 29, 2003 2.20 : 1.00 June 30, 2003 - December 28, 2003 2.00 : 1.00 December 29, 2003 and thereafter 1.75 : 1.00

  • Maximum Senior Leverage Ratio Borrower and its Subsidiaries on a consolidated basis shall have, at the end of each Fiscal Quarter set forth below, a Senior Leverage Ratio as of the last day of such Fiscal Quarter and for the 12-month period then ended of not more than the following:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!