Common use of Ratio of Consolidated Total Debt to Consolidated EBITDA Clause in Contracts

Ratio of Consolidated Total Debt to Consolidated EBITDA. The Borrowers shall not permit the ratio of (a) the amount of Consolidated Total Debt as of the end of any Testing Period (commencing with the Testing Period ending September 30, 2004) to (b) Consolidated EBITDA for such Testing Period to exceed 3.25 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Genlyte Group Inc)

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Ratio of Consolidated Total Debt to Consolidated EBITDA. The Borrowers shall not permit the ratio of (a) the amount of Consolidated Total Debt as of the end of any Testing Period (commencing with the Testing Period ending September 30December 31, 20042005) to (b) Consolidated EBITDA for such Testing Period to exceed 3.25 3.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Genlyte Group Inc)

Ratio of Consolidated Total Debt to Consolidated EBITDA. The Borrowers shall Borrower will not at any time permit the ratio of (ax) the amount of its Consolidated Total Debt at such time to (y) its Consolidated EBITDA for its Testing Period most recently ended, ( i) as of the end of any Testing Period (commencing with the Testing Period ending September 30Closing Date until December 31, 2004) to (b) Consolidated EBITDA for such Testing Period , to exceed 3.25 and (ii) thereafter, to exceed 3.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Calgon Carbon Corporation)

Ratio of Consolidated Total Debt to Consolidated EBITDA. The Borrowers shall Borrower will not at any time permit the ratio of (ax) the amount of its Consolidated Total Debt as of the end of any Testing Period (commencing with the Testing Period ending September 30, 2004) at such time to (by) its Consolidated EBITDA for such its Testing Period most recently ended to exceed 3.25 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Calgon Carbon Corporation)

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Ratio of Consolidated Total Debt to Consolidated EBITDA. The Borrowers shall Borrower will not at any time permit the ratio of (ax) the amount of its Consolidated Total Debt as of the end of any Testing Period (commencing with the Testing Period ending September 30, 2004) at such time to (by) its Consolidated EBITDA for such its Testing Period most recently ended, to exceed 3.25 3.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Calgon Carbon Corporation)

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