Senior Debt to Adjusted EBITDA. Senior Debt (after giving effect to the consummation of the Related Transactions and funding of the initial Loans on the Closing Date) to Adjusted EBITDA for the 12 month period ending December 31, 2014 shall not be greater than 4.50:1.00.
Senior Debt to Adjusted EBITDA. As calculated as of the last day of each fiscal quarter of the Restricted Companies, the Restricted Companies shall not permit the ratio of (i) the unpaid amount of Senior Debt existing as of such last day to (ii) Adjusted EBITDA for the four fiscal quarters ending on such last day to exceed the following: As of the last day of each fiscal quarter ending January 31, April 30, and July 31: 3.25 to 1.00 As of the last day of each fiscal quarter ending October 31: 3.50 to 1.00
Senior Debt to Adjusted EBITDA. Borrower shall maintain on a consolidated basis, a ratio of Senior Debt to Adjusted EBITDA of less than 4.0 to 1.0.
Senior Debt to Adjusted EBITDA. At the end of any Fiscal Period commencing (1) on November 1, 2005 and ending on May 14, 2006, permit the ratio of (i) the Company's Indebtedness less any Subordinated Debt (the "Senior Debt") during the Fiscal Period being measured to (ii) the Company's Adjusted EBITDA during the Fiscal Period being measured to be greater than 2.75 to 1.00; (2) on May 15, 2006 and ending on October 29, 2006, permit the ratio of (i) the Company's Senior Debt during the Fiscal Period being measured to (ii) the Company's Adjusted EBITDA during the Fiscal Period being measured to be greater than 2.50 to 1.00; (3) on October 30, 2006 through October 31, 2007, permit the ratio of (i) the Company's Senior Debt during the Fiscal Period being measured to (ii) the Company's Adjusted EBITDA during the Fiscal Period being measured to be greater than 2.25 to 1.00 and (4) on November 1, 2007 and thereafter, permit the ratio of (i) the Company's Senior Debt during the Fiscal Period being measured to (ii) the Company's Adjusted EBITDA during the Fiscal Period being measured to be greater than 2.00 to 1.00.
Senior Debt to Adjusted EBITDA. A maximum ratio, set forth in the table below, of the outstanding aggregate balance of sums due Lender to Adjusted EBITDA for the immediately preceding four fiscal quarters of Borrower. This Ratio is to be reported quarterly. APPLICABLE FISCAL QUARTER ENDING MAXIMUM RATIO 12/31/11, 3/31/11, 6/30/11 and 9/30/11 2.50:1 12/31/12, 3/31/12, 6/30/12 and 9/30/12 2.25:1 12/31/13 and thereafter 2.00:1
Senior Debt to Adjusted EBITDA. As calculated as of the last day of each fiscal quarter of the Companies, the Companies shall not permit the ratio of (i) the unpaid amount of Senior Debt existing as of such last day to (ii) Adjusted EBITDA for the four fiscal quarters ending on such last day to exceed the following:
Senior Debt to Adjusted EBITDA. Permit the ratio of (i) Borrower's Indebtedness less the then outstanding principal amount of the Notes and any Subordinated Debt (the "Senior Debt") during the Fiscal Period being measured to (ii) Borrower's Adjusted EBITDA during the Fiscal Period being measured to be greater than the following for the dates indicated: Closing Date through and including 10/29/06 2.90 to 1.00 10/30/06 through and including 10/28/07 2.75 to 1.00 10/29/07 and each Fiscal Period thereafter 2.50 to 1.00
Senior Debt to Adjusted EBITDA. Permit its ratio to Senior Debt to Adjusted EBITDA to exceed (i) 2.30 to 1.00 through 10/31/07; (ii) 2.43 to 1.00 through fiscal 1st Quarter 2008; (iii) 2.16 to 1.00 through fiscal 2nd Quarter 2008; (iv) 2.00 to 1.00 thereafter.
Senior Debt to Adjusted EBITDA. As of the end of each Fiscal Quarter, the Borrower shall not permit the ratio of the Senior Debt outstanding as of the date of determination to Adjusted EBITDA for the four (4) Fiscal Quarters then ending to exceed 2.75 to 1.00.
Senior Debt to Adjusted EBITDA. As of the end of each fiscal quarter when any Subordinated Indebtedness is outstanding, the Borrower shall not permit the ratio of Senior Debt outstanding as of such day to the Adjusted EBITDA for the four (4) fiscal quarters then ended to exceed: (i) 2.75 to 1.00 for the fiscal quarter ended September 30, 2003, and (ii) 2.50 to 1.00 for the fiscal quarter ended December 31, 2003 and for all fiscal quarters ending thereafter. The term "Senior Debt" means the sum of: (a) Consolidated Indebtedness minus (b)
