Ratio of Consolidated Debt to EBITDA Sample Clauses

Ratio of Consolidated Debt to EBITDA. Maintain as of the end of each fiscal quarter of the Borrower a Ratio of Consolidated Debt to EBITDA for the most recently completed four fiscal quarters of the Borrower of not more than the ratio set forth below: Four Fiscal Quarters ending on or about: Ratio --------------------------------------- ----- December 31, 1998 4.85:1 March 31, 1999 5.25:1 June 30, 1999 5.40:1 September 30, 1999 5.40:1 December 31, 1999 5.25:1 March 31, 2000 5.00:1 June 30, 2000 4.75:1 September 30, 2000 4.50:1 December 31, 2000 4.15:1 March 31, 2001 4.00:1 June 30, 2001 3.85:1 September 30, 2001 3.65:1 December 31, 2001 3.50:1 March 31, 2002 3.25:1 June 30, 2002 3.25:1 September 30, 2002 3.25:1 December 31, 2002 3.00:1 March 31, 2003 3.00:1 June 30, 2003 3.00:1 September 30, 2003 3.00:1 December 31, 2003 and thereafter 2.75:1"
Sample 1
AutoNDA by SimpleDocs
Ratio of Consolidated Debt to EBITDA. The ratio of (a) Consolidated Debt to (b) EBITDA at the end of any fiscal quarter for the four fiscal quarter period then ending, to be greater than 2.5 to 1.0;
Sample 1
Ratio of Consolidated Debt to EBITDA. Maintain as of the end of each fiscal quarter of the Borrower a Ratio of Consolidated Debt to EBITDA for the most recently completed four fiscal quarters of the Borrower of not more than the ratio set forth below: FOUR FISCAL QUARTERS ENDING RATIO --------------------------- ----- March 31, 2003 2.88:1 June 30, 2003 3.49:1 September 30, 2003 3.34:1 December 31, 2003 2.62:1 March 31, 2004 and thereafter 1.50:1" (s) Section 8.3 is hereby amended by deleting such Section in its entirety and replacing it with the following:
Sample 1
Ratio of Consolidated Debt to EBITDA. The Borrower shall not suffer or permit Consolidated Debt at any date to be greater than 400% of EBITDA for the period of four consecutive Fiscal Quarters most recently ended.
Sample 1

Related to Ratio of Consolidated Debt 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.

  • 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.

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

  • 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.

  • 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.

  • 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.

  • 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 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 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

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