RATIO OF DEBT TO CASH FLOW Sample Clauses

RATIO OF DEBT TO CASH FLOW. Borrower and its Subsidiaries shall have a ratio of Consolidated Funded Debt to Consolidated EBITDA of no greater than 3.75 to 1.0 on the Closing Date, and on the last calendar day of each fiscal quarter thereafter, until June 30, 1998; and no greater than 3.50 to 1.00 on the last calendar day of each fiscal quarter thereafter, until March 31, 1999; and no greater than 3.00 to 1.00 on the last calendar day of each fiscal quarter thereafter, until September 30, 1999; and no greater than 2.75 to 1.0 on the last calendar day of each fiscal quarter thereafter, until the Facility Termination Date. The ratio of Consolidated Funded Debt to Consolidated EBITDA shall be calculated for the most recent preceding four fiscal quarters, including the fiscal quarter ending on the date of determination and shall exclude any debt relating to the Convertible Debentures or the securities sold pursuant to the Preferred Securities Offering.
Sample 1
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RATIO OF DEBT TO CASH FLOW. At all times Guarantor -------------------------- and its Subsidiaries shall maintain on a consolidated basis a ratio of Debt to Cash Flow of not more than 3.0 to 1.0 through December 31, 1997 and not more than 2.5 to 1.0 thereafter.
Sample 1
RATIO OF DEBT TO CASH FLOW. Borrower and its Subsidiaries shall maintain a ratio of Consolidated Outstanding Indebtedness to EBITDA of no greater than 3.0 to 1.0 on the Closing Date, and on the last calendar day of each fiscal quarter thereafter calculated for the previous four quarters, until the Facility Termination Date.
Sample 1

Related to RATIO OF DEBT TO CASH FLOW

  • 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.

  • Cash Flow Coverage Ratio The ratio of (a) the Borrower's Cash Flow to (b) the sum of (i) the Borrower's consolidated Interest Expense plus (ii) the Borrower's scheduled payments of principal (including the principal component of Capital Leases) to be paid during the 12 months following any date of determination shall at all times exceed (1) 1.5 to 1.

  • Debt to Capitalization Ratio As of the last day of each fiscal quarter of the Borrower, the Debt to Capitalization Ratio shall be less than or equal to 0.70 to 1.0.

  • 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.

  • 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.

  • 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.

  • Leverage The Fund has no liability for borrowed money or under any reverse repurchase agreement.

  • 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.

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