Senior Debt to EBITDA Ratio. Not permit the Senior Debt to EBITDA Ratio as of the last day of any Computation Period to exceed the applicable ratio set forth below for such Computation Period:
Senior Debt to EBITDA Ratio. Not permit the Senior Debt to EBITDA Ratio as of the last day of any Computation Period to exceed the applicable ratio set forth below for such Computation Period: Computation Period Senior Debt to EBITDA Ratio December 31, 2008 3.80 to 1.0 March 31, 2009 3.95 to 1.0 June 30, 2009 3.90 to 1.0 September 30, 2009 3.60 to 1.0 December 31, 2009 3.95 to 1.0 March 31, 2010 3.95 to 1.0 June 30, 2010 3.60 to 1.0 September 30, 2010 3.30 to 1.0 December 31, 2010 3.00 to 1.0 Each March 31, June 30, September 30, and December 31 thereafter 3.00 to 1.0
Senior Debt to EBITDA Ratio. Not permit the Senior Debt to EBITDA Ratio to be greater than 2.15 to 1.00 as of the end of the Company’s fiscal quarter ending on or about December 31, 2004 or the end of any fiscal quarter thereafter; such ratio to be determined in accordance with GAAP using the ratio of Senior Debt as of the end of such fiscal quarter to EBITDA for the period of four consecutive fiscal quarters of the Company then ending.
1.2 Section 10.6.3 of the Credit Agreement is amended and restated in full, to read as follows:
Senior Debt to EBITDA Ratio. The Loan Parties shall not permit the Senior Debt to EBITDA Ratio to be greater than (i) 2.53 to 1.00 as of the end of the fiscal quarter ending on or about March 31, 2004 and June 30, 2004, (ii) 2.37 to 1.00 as of the end of the fiscal quarter ending on or about September 30, 2004 and (iii) 2.20 to 1.00 as of the end of the Company’s fiscal quarter ending on or about December 31, 2004 or the end of any fiscal quarter thereafter; such ratio to be determined in each case in accordance with GAAP using the ratio of Senior Debt as of the end of each such fiscal quarter to EBITDA for the period of four consecutive fiscal quarters of the Company then ending.
Senior Debt to EBITDA Ratio. Borrowers shall not permit the ratio of (i) the outstanding monetary Obligations as of the last day of the calendar quarter then ended to (ii) EBITDA for the trailing four quarter period then ended, to be greater than 3.75:1.00 as of any calendar quarter end.
Senior Debt to EBITDA Ratio. The Borrowers, on a Modified Consolidated Basis, will ensure that the Senior Debt to EBITDA Ratio determined as at the last day of each Fiscal Quarter is not greater than 1.50:1 in respect of the immediately preceding Four Quarter Period.
Senior Debt to EBITDA Ratio. Section 9.4 of the Credit Agreement is hereby amended to state in its entirety as follows:
Senior Debt to EBITDA Ratio. Maintain at all times (calculated at the end of each fiscal quarter of the Borrower) a ratio of Consolidated Debt (other than Subordinated Debt and Hedge Agreements) of the Borrower and its Subsidiaries to Modified Consolidated EBITDA of not more than the amount set forth below for each Rolling Period set forth below: Rolling Period Ending Ratio --------------------- ----- September 30, 1996 3.50:1 December 31, 1996 3.50:1 March 31, 1997 3.50:1 June 30, 1997 3.75:1 September 30, 1997 3.75:1 December 31, 1997 3.60:1 March 31, 1998 3.60:1 June 30, 1998 3.60:1 September 30, 1998 3.60:1 December 31, 1998 3.60:1 March 31, 1999 3.60:1 June 30, 1999 3.60:1 September 30, 1999 3.60:1 December 31, 1999 3.60:1 March 31, 2000 3.25:1 June 30, 2000 3.25:1 September 30, 2000 3.25:1 December 31, 2000 3.25:1 March 31, 2001 3.00:1 June 30, 2001 3.00:1 September 30, 2001 3.00:1 December 31, 2001 3.00:1 March 31, 2002 and thereafter 2.50:1
Senior Debt to EBITDA Ratio. Commencing June 30, 2014, maintain at all times a Senior Debt to EBITDA Ratio of not more than the following amounts during the periods specified below: June 30, 2014 through December 30, 2014 3.75 to 1.0 December 31, 2014 and thereafter 3.50 to 1.0
Senior Debt to EBITDA Ratio. On the Computation Date, the Senior Debt to EBITDA Ratio, which is required to be not more than ____ to 1.0 was __ to 1.0, as computed in the supporting documents attached hereto as Schedule 2.
