Senior Secured Debt to EBITDA Ratio. The Borrowers shall not, as at each Quarter End, permit the Senior Secured Debt to EBITDA Ratio to exceed 3.50:1.00.
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Samples: Credit Agreement (Baytex Energy Corp.), Credit Agreement (Baytex Energy Corp.)
Senior Secured Debt to EBITDA Ratio. The Borrowers Borrower shall not, as at each Quarter End, not permit the Senior Secured Debt to EBITDA Ratio at the end of any fiscal quarter of the Borrower to exceed 3.50:1.00be greater than 2.5 to 1.0.
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Senior Secured Debt to EBITDA Ratio. The Borrowers Borrower shall not, as at each Quarter End, permit the Senior Secured Debt to EBITDA Ratio to exceed 3.50:1.003.00:1.00.
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