Senior Funded Debt to Consolidated EBITDA Sample Clauses

Senior Funded Debt to Consolidated EBITDA. Maintain as of the last day of each Fiscal Quarter set forth below, a maximum ratio of Senior Funded Debt to Consolidated EBITDA, calculated for the immediately preceding four Fiscal Quarters, of less than or equal to the ratio set forth opposite such Fiscal Quarter: Ratio of Senior Funded Debt to Consolidated Fiscal Quarter EBITDA -------------- ------ Third Fiscal Quarter 2003 through First Fiscal Quarter 2005 < 2.50:1.0 - Second Fiscal Quarter 2005 through Fourth Fiscal Quarter 2005 < 2.25:1.0 - First Fiscal Quarter 2006 through Fourth Fiscal Quarter 2006 < 2.00:1.0 - First Fiscal Quarter 2007 and each Fiscal Quarter thereafter < 1.75:1.0 -
Sample 1
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Senior Funded Debt to Consolidated EBITDA. Maintain as of the last day of each Fiscal Quarter set forth below, a maximum ratio of Senior Funded Debt to Consolidated EBITDA, calculated for the immediately preceding four Fiscal Quarters, of less than or equal to the ratio set forth opposite such Fiscal Quarter: Ratio of Senior Funded Debt to Consolidated Fiscal Quarter EBITDA -------------- ------ Third Fiscal Quarter 2003 through < then = 2.50:1.0 Fourth Fiscal Quarter 2003 First Fiscal Quarter 2004 < then = 3.25:1.0 Second Fiscal Quarter 2004 < then = 3.50:1.0 through Third Fiscal Quarter 2004 Fourth Fiscal Quarter 2004 < then = 3.25:1.0 First Fiscal Quarter 2005 < then = 3.00:1.0 Second Fiscal Quarter 2005 < then = 2.75:1.0 Third Fiscal Quarter 2005 through < then = 2.25:1.0 Fourth Fiscal Quarter 2005 First Fiscal Quarter 2006 through < then = 2.00:1.0 Fourth Fiscal Quarter 2006 First Fiscal Quarter 2007 and < then = 1.75:1.0". each Fiscal Quarter thereafter
Sample 1
Senior Funded Debt to Consolidated EBITDA. The Borrower shall maintain a maximum ratio of Senior Funded Debt to Consolidated EBITDA, calculated at the end of each fiscal quarter, of 1.50:1.
Sample 1

Related to Senior Funded Debt to Consolidated EBITDA

  • Consolidated EBITDA With respect to any period, an amount equal to the EBITDA of REIT and its Subsidiaries for such period determined on a Consolidated basis.

  • Funded Debt to EBITDA Section 10.2 of the Loan Agreement is hereby amended and restated in its entirety to read as follows:

  • Consolidated Senior Leverage Ratio As of the end of each fiscal quarter of the members of the Consolidated Group, the Consolidated Senior Leverage Ratio shall not be greater than the ratio set forth below: Fiscal Quarter End Ratio ------------------ ----- December 31, 2000 3.00:1.0 March 31, 2001 3.10:1.0 June 30, 2001 3.10:1.0 September 30, 2001 2.75:1.0 December 31, 2001 and thereafter 2.50:1.0 1.6 Clause (c) of Section 7.9 of the Credit Agreement is amended to read as follows:

  • Funded Debt to EBITDA Ratio To maintain on a consolidated basis a ratio of Funded Debt to EBITDA not exceeding 2.0:1.0.

  • Consolidated Net Leverage Ratio Permit the Consolidated Net Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 4.50:1.00.

  • Minimum Consolidated EBITDA The Borrower will not permit Modified Consolidated EBITDA, for any Test Period ending at the end of any fiscal quarter of the Borrower set forth below, to be less than the amount set forth opposite such fiscal quarter: Fiscal Quarter Amount September 30, 1997 $36,000,000 December 31, 1997 $36,000,000 March 31, 1998 $36,000,000 June 30, 1998 $37,000,000 September 30, 1998 $37,000,000 December 31, 1998 $38,000,000 March 31, 1999 $38,000,000 June 30, 1999 $39,000,000 September 30, 1999 $40,000,000 December 31, 1999 $41,000,000 March 31, 2000 $41,000,000 June 30, 2000 $42,000,000 September 30, 2000 $43,000,000 December 31, 2000 $44,000,000 March 31, 2001 $44,000,000 June 30, 2001 $45,000,000 September 30, 2001 $46,000,000 December 31, 2001 $47,000,000 March 31, 2002 $47,000,000

  • Consolidated Leverage Ratio Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 2.50 to 1.0.

  • Funded Debt 4 GAAP........................................................................................................4

  • Adjusted EBITDA The 2019 adjusted EBITDA for the Affiliated Club Sellers shall total an aggregate of not less than $10,700,000.

  • Interest Expense Coverage Ratio The Borrower will not permit the ratio of (i) Consolidated EBITDA to (ii) Consolidated Cash Interest Expense for any period of four consecutive fiscal quarters to be less than 3.75 to 1.00.

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