Common use of Ratio of Senior Secured Funded Debt to EBITDAX Clause in Contracts

Ratio of Senior Secured Funded Debt to EBITDAX. The Parent will not, as of any date of determination from and after the Fourth Amendment Effective Date up to and including March 30, 2014, permit its ratio of Senior Secured Funded Debt as of such date to EBITDAX for the most recent period of four fiscal quarters for which financial statements are available to be greater than 3.0 to 1.0.

Appears in 2 contracts

Samples: Credit Agreement (EV Energy Partners, LP), Credit Agreement

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Ratio of Senior Secured Funded Debt to EBITDAX. The Parent will not, as of any date of determination from and after the Fourth Fifth Amendment Effective Date up to and including March 30, 2014the Covenant Relief End Date, permit its ratio of Senior Secured Funded Debt as of such date to EBITDAX for the most recent period of four fiscal quarters for which financial statements are available to be greater than 3.0 3.5 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (EV Energy Partners, LP)

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Ratio of Senior Secured Funded Debt to EBITDAX. The Parent will not, as of any date of determination from and after the Fourth Fifth Amendment Effective Date up to and including March 30, 20142015, permit its ratio of Senior Secured Funded Debt as of such date to EBITDAX for the most recent period of four fiscal quarters for which financial statements are available to be greater than 3.0 3.5 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (EV Energy Partners, LP)

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