Ratio of Funded Debt to EBITDA. As of the end of each Fiscal Quarter beginning with the Fiscal Quarter ending June 30, 2003, the ratio of Funded Debt as of the end of such Fiscal Quarter to EBITDA for the period of 4 consecutive Fiscal Quarters then ended shall be less than (a) 3.10 to 1.0 for each Fiscal Quarter ending on or before September 30, 2005, (b) 4.25 to 1.0 for the Fiscal Quarter ending on December 31, 2005, and (c) 3.10 to 1.0 for each Fiscal Quarter thereafter.
Ratio of Funded Debt to EBITDA. Permit the ratio of (i) Funded Debt to (ii) EBITDA, as of the last day of the fiscal quarter of Borrowers and their Subsidiaries, calculated at the end of each such quarter on a rolling four (4) quarter basis, to be greater than 3.75:1.00.
Ratio of Funded Debt to EBITDA. The Borrower will not, (i) as of each of June 30, 2013, September 30, 2013 and December 31, 2013, permit its ratio of Funded Debt as of such time to Annualized EBITDA to exceed 4.00 to 1.00, and (ii) as of the last day of any fiscal quarter beginning with the fiscal quarter ending March 31, 2014, permit its ratio of Funded Debt as of such time to EBITDA for the four quarter period then ended to exceed 4.00 to 1.00.”
Ratio of Funded Debt to EBITDA. Parent and its Subsidiaries will at all times maintain a Ratio of Funded Debt to EBITDA of not greater than 3.50 to 1.00. The Ratio of Funded Debt to EBITDA will be calculated and tested quarterly as of the last day of each fiscal quarter of Parent, and for purposes of calculating the Ratio of Funded Debt to EBITDA, EBITDA shall be calculated for the period of four fiscal quarters ended as of the date of calculation.
Ratio of Funded Debt to EBITDA. Funded Debt
Ratio of Funded Debt to EBITDA. The Borrower will not permit its ratio of Funded Debt to EBITDA on a consolidated basis for the Obligors to be 1.75 to 1.00 or greater at any time.
Ratio of Funded Debt to EBITDA. The Borrower will not, as of the last day of any fiscal quarter beginning with the fiscal quarter ending June 30, 2011, permit its ratio of Funded Debt as of such time to EBITDA to exceed 3.5 to 1.0. For purposes of calculating this ratio for the period ending June 30, 2011, EBITDA shall be calculated by annualizing the EBITDA for such period by multiplying EBITDA for the first quarter ended June 30, 2011 by 4. For purposes of calculating this ratio for the period ending September 30, 2011, EBITDA shall be calculated by annualizing the EBITDA for such period by multiplying EBITDA for the first two quarters ended September 30, 2011 by 2. For purposes of calculating this ratio for the period ending December 31, 2011, EBITDA shall be calculated by annualizing the EBITDA for such period by multiplying EBITDA for the first three quarters ended December 31, 2011 by 4/3. Thereafter, EBITDA shall be calculated at the end of each fiscal quarter using the results of the twelve-month period ending with that fiscal quarter end.
Ratio of Funded Debt to EBITDA. Guarantor and its Subsidiaries will maintain a Ratio of Funded Debt to EBITDA of not greater than (a) 4.25 to 1.00 for the quarter ended December 31, 2002, (b) 5.95 to 1.00 for the quarter ending March 31, 2003, (c) 6.30 to 1.00 for the quarter ending June 30, 2003 and (d) 3.50 to 1.00 for the quarter ending September 30, 2003 and at all times thereafter. The Ratio of Funded Debt to EBITDA will be calculated and tested quarterly as of the last day of each fiscal quarter of Guarantor, and for purposes of calculating the Ratio of Funded Debt to EBITDA, EBITDA shall be calculated for the period of four fiscal quarters ended as of the date of calculation.
Ratio of Funded Debt to EBITDA. Borrower will maintain a maximum ratio of funded debt to EBITDA (as defined above), determined under consistently applied generally accepted accounting principles, according to the following schedule: (a) a maximum ratio of 4.0:1 as measured at the six month period ending June 30, 2008; (b) a maximum ratio of 3.0:1 as measured at the fiscal year ending December 31, 2008. For the purposes of this calculation, funded debt shall be defined as all balances due under short-term debt, long-term debt, and including subordinated debt.
Ratio of Funded Debt to EBITDA. The ratio of Indebtedness for Money Borrowed to EBITDA for the Preceding Period to be more than 3.25 to 1.0.
