Senior Funded Debt to EBITDA Ratio. The Borrowers shall maintain, on a consolidated basis, a Senior Funded Debt to EBITDA Ratio of not more than (i) 3.75 to 1.00 for each fiscal quarter end through November 29, 2011, (ii) 3.50 to 1.00 for each fiscal quarter end from November 30, 2011 through February 27, 2012, and (iii) 3.00 to 1.00 for each fiscal quarter end on and after February 28, 2012.
Senior Funded Debt to EBITDA Ratio. Maintain its Senior Funded Debt to EBITDA Ratio at not greater than 3.25 to 1.0 as of each fiscal quarter end.
Senior Funded Debt to EBITDA Ratio. The Borrowers will not at any time permit the Senior Funded Debt to EBITDA Ratio to exceed 3.25 to 1.0.
Senior Funded Debt to EBITDA Ratio. The Senior Funded Debt to EBITDA Ratio, on the last day of any fiscal quarter commencing on June 30, 2007, shall not exceed 3.00:1.00.
Senior Funded Debt to EBITDA Ratio as of the end of each fiscal quarter for the fiscal quarter then ended of not more than 1.50 to 1.
Senior Funded Debt to EBITDA Ratio. Maintain as of the end of each calendar quarter a ratio of Senior Funded Debt to EBITDA (as defined in Article One) of not more than 4.00 to 1.00, to be tested quarterly on a rolling four-quarter basis at the end of each quarter.
Senior Funded Debt to EBITDA Ratio. Not permit the Senior Funded Debt to EBITDA Ratio as of the last day of any Computation Period to exceed the applicable ratio set forth below (provided that prior to the delivery by the Company of the financial statements required by Section 10.1.2 and the compliance certificate required by Section 10.1.4 for the period ending September 30, 1998, the Company shall not permit Senior Funded Debt to exceed $21,000,000 or, if the EWR Acquisition shall have occurred, $26,250,000): SENIOR FUNDED COMPUTATION DEBT TO PERIOD ENDING: EBITDA RATIO -------------- ------------ 9/30/98 through 3/31/99 3.50 to 1.0 4/1/99 and thereafter 3.25 to 1.0.
Senior Funded Debt to EBITDA Ratio. Coolbrands and its Consolidated Subsidiaries will maintain at all times a Senior Funded Debt to EBITDA Ratio of not greater than 3.00 to 1.00.
Senior Funded Debt to EBITDA Ratio permit Borrower’s ratio of (a) total Senior Funded Debt (measured quarterly for the twelve (12) month period ending with such fiscal quarter), to (b) EBITDA to be greater than 3.00 to 1.00. For purposes of this Section 6.3, EBITDA shall be measured quarterly using (i) for the fiscal quarter ending March 31, 2015, annualized EBITDA based on actual EBITDA for the fiscal quarter ending March 31, 2015, and (ii) for each fiscal quarter thereafter, annualized EBITDA for the immediately preceding period of four (4) fiscal quarters. Within thirty (30) days after the close of each fiscal quarter, Credit Parties shall provide to the Bank a certificate showing the current Senior Funded Debt to EBITDA Ratio.
Senior Funded Debt to EBITDA Ratio. Borrower shall maintain at all times, measured on a rolling four (4) quarter basis, a ratio of Obligations to consolidated EBITDA of not more than 2.50 to 1.0.
