Common use of Senior Debt to EBITDA Ratio Clause in Contracts

Senior Debt to EBITDA Ratio. Not permit the Senior Debt to EBITDA Ratio for the Borrower and the Subsidiaries as of the last day of any Computation Period, calculated at the end of each Fiscal Quarter, to exceed 3.00x.

Appears in 1 contract

Samples: Credit Agreement (Primoris Services Corp)

AutoNDA by SimpleDocs

Senior Debt to EBITDA Ratio. Not permit the Senior Debt to EBITDA Ratio for the Borrower and the Subsidiaries as of the last day of any Computation PeriodPeriod to exceed 3.00 to 1.00 commencing the Fiscal Quarter ending December 31, calculated 2018 and at the end of each Fiscal Quarter, to exceed 3.00xQuarter thereafter.

Appears in 1 contract

Samples: Loan and Security Agreement (Lifeway Foods Inc)

Senior Debt to EBITDA Ratio. Not permit the Senior Debt to EBITDA Ratio for the Borrower and the Subsidiaries as of the last day of any Computation Period, calculated at the end of each Fiscal Quarter, Period to exceed 3.00x3.0 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (Clark Holdings Inc.)

Senior Debt to EBITDA Ratio. Not permit the Senior Debt to EBITDA Ratio for the Borrower and the Subsidiaries as of the last day of any Computation Period, calculated at the end of each Fiscal Quarter, to exceed 3.00x2.25x.

Appears in 1 contract

Samples: Credit Agreement (Primoris Services Corp)

AutoNDA by SimpleDocs

Senior Debt to EBITDA Ratio. Not permit the Senior Debt to --------------------------- EBITDA Ratio for the Borrower and the Subsidiaries as of the last day of any Computation Period, calculated at the end of each Fiscal Quarter, Period to exceed 3.00x3.0:1.0, measured on a quarterly basis.

Appears in 1 contract

Samples: Credit Agreement (Kv Pharmaceutical Co /De/)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!