Ratio of Consolidated Debt to Adjusted Consolidated EBITDA Sample Clauses

Ratio of Consolidated Debt to Adjusted Consolidated EBITDA. Permit for any period of four consecutive fiscal quarters (to be tested as of the last day of each fiscal quarter, commencing with the fiscal quarter ending September 24, 1997) the ratio of their Consolidated Debt for such period to their Adjusted Consolidated EBITDA for such period to be more than 2.75 to 1.00.
Sample 1
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Ratio of Consolidated Debt to Adjusted Consolidated EBITDA. Permit for any period of four consecutive fiscal quarters (to be tested as of the last day of each fiscal quarter, commencing with the fiscal quarter ending December 31, 1997) the ratio of their Consolidated Debt for such period to their Adjusted Consolidated EBITDA for such period to be more than: (i) 5.0 to 1.00 as of the last day of the fiscal quarters ending December 31, 1997 and April 1, 1998 (provided, however, that the failure of the Borrowers to comply with such ratio during such period shall not constitute an Event of Default hereunder so long as during each such period, (x) there are no Guidance Loans outstanding, and (y) such ratio is not more than 5.4 to 1.00); (ii) 4.5 to 1.00 as of the last day of each of the fiscal quarters ending July 1, 1998 and September 30, 1998; and (iii) 4.0 to 1.00 as of the last day of the fiscal quarter ending December 30, 1998 and at the end of each fiscal quarter thereafter."
Sample 1

Related to Ratio of Consolidated Debt to Adjusted Consolidated EBITDA

  • 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

  • Consolidated Net Leverage Ratio Permit the Consolidated Net Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 4.50:1.00.

  • Minimum Consolidated Fixed Charge Coverage Ratio The Consolidated Fixed Charge Coverage Ratio shall not be less than 1.50 to 1.00, determined based on information for the most recent fiscal quarter annualized.

  • Minimum Consolidated Interest Coverage Ratio Permit the Consolidated Interest Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 3.25 to 1.00.

  • Consolidated Leverage Ratio Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 2.50 to 1.0.

  • Minimum Consolidated Net Worth The Borrower will not permit its Consolidated Net Worth at any time to be less than the sum of (i) $250,000,000 plus (ii) thirty percent (30%) of the sum of the Consolidated Net Income of the Borrower (with any consolidated net loss during any fiscal quarter counting as zero) for each fiscal quarter of the Borrower commencing with the fiscal quarter of the Borrower ending June 30, 1997.

  • 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.

  • 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.

  • Consolidated EBITDA With respect to any period, an amount equal to the EBITDA of REIT and its Subsidiaries for such period determined on a Consolidated basis.

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