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

Ratio of Total Debt to EBITDA. The Borrower will not, at any time, permit its ratio of Total Debt as of such time to EBITDA for the period of four fiscal quarters ending on the last day of the fiscal quarter immediately preceding the date of determination for which financial statements are available to be greater than 4.0 to 1.0.

Appears in 5 contracts

Samples: Term Loan Agreement (Petrohawk Energy Corp), Senior Revolving Credit Agreement (Petrohawk Energy Corp), Senior Revolving Credit Agreement (Petrohawk Energy Corp)

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Ratio of Total Debt to EBITDA. The Borrower will not, at on any timedate of determination, permit its ratio of Total Debt as of such time date to EBITDA for the period of four fiscal quarters ending on the last day of the fiscal quarter immediately preceding the date of determination for which financial statements are available to be greater than 4.0 4.00 to 1.01.00.

Appears in 3 contracts

Samples: Credit Agreement (Legacy Reserves Inc.), Credit Agreement (Legacy Reserves Lp), Credit Agreement (Legacy Reserves Lp)

Ratio of Total Debt to EBITDA. The Borrower will not, at any time, permit its ratio of Total Debt as of such time to EBITDA for the period of four fiscal quarters ending on the last day of the fiscal quarter immediately preceding the date of determination for which financial statements are available to be greater than 4.0 3.5 to 1.0.

Appears in 2 contracts

Samples: Credit Agreement (Cimarex Energy Co), Credit Agreement (St Mary Land & Exploration Co)

Ratio of Total Debt to EBITDA. The Borrower will not, at as of the last day of any timeFiscal Quarter, permit its ratio of Total Debt as of such time last day to EBITDA for the period of four fiscal quarters Fiscal Quarters then ending on the last such day of the fiscal quarter immediately preceding the date of determination for which financial statements are available to be greater than 4.0 exceed 3.00 to 1.01.00.

Appears in 2 contracts

Samples: Senior Secured Revolving Credit Agreement (Silverbow Resources, Inc.), Senior Secured Revolving Credit Agreement (Silverbow Resources, Inc.)

Ratio of Total Debt to EBITDA. The Borrower will not, at any time, not permit its ratio of Total Debt as of such time outstanding to EBITDA (calculated for the last four consecutive fiscal quarter period of four fiscal quarters ending then most recently ended for which financial statements are available) to be greater than 4.50 to 1.0 at any time on or before the last day of the fiscal calendar quarter immediately preceding the date of determination for which financial statements are available ending December 31, 2010, to be greater than 4.0 4.00 to 1.01.0 at any time on or before the last day of the calendar quarter ending December 31, 2011, and at any time thereafter to be greater than 3.50 to 1.00."

Appears in 1 contract

Samples: Forest Oil Corp

Ratio of Total Debt to EBITDA. The Borrower will notnot permit, at as of the last day of any timefiscal quarter ending on or after June 30, permit its 2011, the ratio of Total Debt as of such time day to EBITDA for the period of four fiscal quarters ending on the last such day of the fiscal quarter immediately preceding the date of determination for which financial statements are available to be greater than 4.0 3.5 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (Atlas Energy, L.P.)

Ratio of Total Debt to EBITDA. The Borrower will not, at any time, not permit its ratio of Total Debt as of such time outstanding to EBITDA (calculated for the period of last four fiscal quarters ending on the last day of the consecutive fiscal quarter immediately preceding the date of determination period then most recently ended for which financial statements are available available) at any time to be greater than 4.0 3.50 to 1.01.00.

Appears in 1 contract

Samples: Credit Agreement (Forest Oil Corp)

Ratio of Total Debt to EBITDA. The Borrower will not, at any time, not permit its ratio of Total Debt as of such time outstanding to EBITDA (calculated for the period of preceding four fiscal quarters ending on the last day of the consecutive fiscal quarter immediately preceding the date of determination period then most recently ended for which financial statements are available available) to be greater than 4.0 4.50 to 1.01.0 at any time.

Appears in 1 contract

Samples: Credit Agreement (Forest Oil Corp)

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Ratio of Total Debt to EBITDA. The Borrower will not, at on any timedate of determination, permit its ratio of Total Debt as of such time date to EBITDA for the period of four fiscal quarters ending on the last day of the fiscal quarter immediately preceding the date of determination for which financial statements are available to be greater than 4.0 3.75 to 1.01.00.

Appears in 1 contract

Samples: Credit Agreement (Legacy Reserves Lp)

Ratio of Total Debt to EBITDA. The Borrower will not, at on the last day of any timefiscal quarter, permit its ratio of Total Debt as of such time to EBITDA for the period of four fiscal quarters ending on the last day of the fiscal quarter immediately preceding the date of determination for which financial statements are available to be greater than 4.0 3.75 to 1.01.00.”

Appears in 1 contract

Samples: Credit Agreement (Legacy Reserves Lp)

Ratio of Total Debt to EBITDA. The Borrower will not, at any ----------------------------- time, permit its ratio of Total Debt as of such time to EBITDA for the period of four fiscal quarters ending on the last day of the fiscal quarter immediately preceding the date of determination for which financial statements are available to be greater than 4.0 3.5 to 1.0.

Appears in 1 contract

Samples: Guaranty Agreement (St Mary Land & Exploration Co)

Ratio of Total Debt to EBITDA. The Borrower will not, at any ----------------------------- time, permit its ratio of Total Debt as of such time to EBITDA for the period of four fiscal quarters ending on the last day of the fiscal quarter immediately preceding the date of determination for which financial statements are available to be greater than 4.0 3.0 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (St Mary Land & Exploration Co)

Ratio of Total Debt to EBITDA. The Borrower will not, at as of the last day of any timeFiscal Quarter commencing with the Fiscal Quarter ending June 30, 2017, permit its ratio of Total Debt as of such time last day to EBITDA for the period of four fiscal quarters Fiscal Quarters then ending on the last such day of the fiscal quarter immediately preceding the date of determination for which financial statements are available to be greater than 4.0 exceed 4.00 to 1.01.00.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Swift Energy Co)

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