Ratio of Consolidated Funded Debt to Consolidated EBITDA Sample Clauses

Ratio of Consolidated Funded Debt to Consolidated EBITDA. At the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending June 30, 2004, the ratio of Consolidated Funded Debt to Consolidated EBITDA for the Fiscal Quarter then ending and the immediately preceding three Fiscal Quarters will not at any time exceed 2.50 to 1.00.
Sample 1
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Ratio of Consolidated Funded Debt to Consolidated EBITDA. Permit the ratio of Consolidated Funded Debt to Consolidated EBITDA as of the end of any Measurement Period ending as of the end of any fiscal quarter of the Borrower to be greater than 2.50 to 1.00.
Sample 1
Ratio of Consolidated Funded Debt to Consolidated EBITDA. Applicable Non-Utilization Fee Rate less than 1.00 0.20 % Greater than or equal to 1.00 but less than 1.50 0.25 % Greater than or equal to 1.50 but less than 2.00 0.30 % Greater than or equal to 2.00 0.35 % The Applicable Non-Utilization Fee Rate shall be determined effective as of the date (herein, the “Non-Utilization Fee Determination Date”) which is 45 days after the last day of the Fiscal Quarter as of the end of which the Ratio of Consolidated Funded Debt to Consolidated EBITDA is being determined, based on the quarterly financial statements for such Fiscal Quarter, and the Applicable Non-Utilization Fee Rate so determined shall remain effective from such Non-Utilization Fee Determination Date until the date which is 45 days after the last day of the Fiscal Quarter in which such Non-Utilization Fee Determination Date falls (which latter date shall be a new Non-Utilization Fee Determination Date); provided that (i) for the period from and including the Restatement Effective Date to but excluding the Non-Utilization Fee Determination Date next following the Restatement Effective Date, the Applicable Non-Utilization Fee Rate shall be 0.20%; (ii) in the case of any Applicable Non-Utilization Fee Rate determined on the basis of the Ratio of Consolidated Funded Debt to Consolidated EBITDA for the fourth and final Fiscal Quarter of a Fiscal Year, the Applicable Non-Utilization Fee Rate for the period beginning on the Non-Utilization Fee Determination Date immediately after the last day of such fourth and final Fiscal Quarter and continuing until the date which is 90 days after the last day of such final Fiscal Quarter (the “Fee Adjustment Date”) shall be the Applicable Non-Utilization Fee Rate in effect on the last day of such final Fiscal Quarter but such Applicable Non-Utilization Fee Rate shall be adjusted on such Fee Adjustment Date and thereafter until the next Rate Determination Date. Such Applicable Non-Utilization Fee Rate shall be determined based upon the annual audited financial statements for the Fiscal Year ended on the last day of such final Fiscal Quarter, (iii) if the Applicable Non-Utilization Fee Rate for the fourth and final Fiscal Quarter as determined on the Fee Adjustment Date shall be different from the applicable Non-Utilization Fee Rate for such date determined on the Non-Utilization Fee Determination Date for such fourth Fiscal Quarter, such redetermined Applicable Non-Utilization Fee Rate shall be effective retroactive to the Non-...
Sample 1
Ratio of Consolidated Funded Debt to Consolidated EBITDA. As of the last day of each fiscal quarter of each Fiscal Year, the ratio of Consolidated Funded Debt as of the end of such fiscal quarter, less cash of the Borrower on deposit in the Village of Richton Park, Cook Xxxnty, Illinois, Sinter Metals, Inc. Project Fund created under the Trust Indenture, dated as of April 1, 1996, between the Borrower and Mellon Bank, N.A., as trustee, in respect of the Bonds, as of the end of such fiscal quarter, to Consolidated EBITDA for the period of four (4) fiscal quarters ending on such day, considered as a single accounting period, shall not be more than 2.50 to 1.00."
Sample 1
Ratio of Consolidated Funded Debt to Consolidated EBITDA. The Borrower and its Consolidated Subsidiaries shall maintain at all times during the periods specified below a ratio of (A) Consolidated Funded Debt to (B) Consolidated EBITDA, determined on a rolling four quarterly basis, of not more than the ratios specified below:
Sample 1

Related to Ratio of Consolidated Funded Debt to Consolidated EBITDA

  • 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.

  • 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.

  • Maximum Consolidated Leverage Ratio As of the last day of each Fiscal Quarter of the Borrower (commencing with the Fiscal Quarter ending March 31, 2018), the Borrower shall not permit the Consolidated Leverage Ratio to be greater than 0.60 to 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

  • Minimum Consolidated Fixed Charge Coverage Ratio Borrower shall not permit the Consolidated Fixed Charge Coverage Ratio, determined as at the end of each fiscal quarter, commencing with the fiscal quarter ending June 30, 2019, to be less than 1.00 to 1.00.

  • Consolidated Fixed Charge Coverage Ratio Permit the Consolidated Fixed Charge Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 1.25 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.

  • Consolidated Total Net Leverage Ratio Permit the Consolidated Total Net Leverage Ratio on the last day of any fiscal quarter occurring during any period set forth below, to be greater than the ratio set forth below opposite such period: Period Maximum Consolidated Total Net Leverage Ratio Closing Date through and including September 30, 2014 7.25:1.00 December 31, 2014 through and including September 30, 2015 6.75:1.00 December 31, 2015 and thereafter 6.50:1.00

  • 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.

  • 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.

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