Total Debt/EBITDA Sample Clauses

Total Debt/EBITDA. The ratio of Total Debt to EBITDA for the Group for the period from [ ] to [ ] was [ ].
Sample 1Sample 2
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Total Debt/EBITDA. Maintain at the end of each fiscal quarter of the Domestic Borrower a Total Debt/EBITDA Ratio of not more than the amount set forth below for each period set forth below: DURING QUARTER ENDING RATIO --------------------- ----- December 31, 2001 6.25:1 March 31, 2002 6.50:1 June 30, 2002 6.50:1 September 30, 2002 6.50:1 December 31, 2002 5.75:1 March 31, 2003 5.00:1 June 30, 2003 5.00:1 September 30, 2003 5.00:1 December 31, 2003 5.00:1 March 31, 2004 5.00:1 June 30, 2004 5.00:1 September 30, 2004 5.00:1 December 31, 2004 5.00:1 March 31, 2005 4.75:1 and thereafter
Sample 1
Total Debt/EBITDA. Total Debt/EBITDA for the San Xxxxx Sula store shall not be greater than 6.50 for year 2000. Total Debt/EBITDA for the consolidated San Xxxxx Sula and Tegucigalpa stores shall not be greater than 3.5 for year 2001, 3.0 for year 2002, 2.5 for year 2003, and 2.0 for year 2004. EBITDA will be calculated utilizing the past twelve months. (ix) Such other approvals, opinions or documents as the Lender may reasonably request; PROVIDED that for the avoidance of doubt such corporate resolutions, certificates and documents of PriceSmart Honduras, S.A. de C.V., PriceSmart, Inc., PMST Caribe, Inc., PSC, S.A. and Ventures Services, Inc. shall relate to the transactions contemplated by the Loan Documents or the corporate existence of such Loan Parties. (k) The Borrower shall have paid (i) all accrued fees of the Lenders and (ii) as provided in Section 2.05, all accrued expenses of the Lender (including the reasonably accrued fees and expenses of the local counsel to the Lender).
Sample 1
Total Debt/EBITDA. Total Debt/EBITDA for the San Xxxxx Sula store shall not be greater than 6.50 for year 2000. Total Debt/EBITDA for the consolidated San Xxxxx Sula and Tegucigalpa stores shall not be greater than 3.5 for year 2001, 3.0 for year 2002, 2.5 for year 2003, and 2.0 for year 2004. EBITDA will be calculated utilizing the past twelve months.
Sample 1
Total Debt/EBITDA. The Company shall not permit the ratio of Total Debt to EBITDA to exceed at any time 3.0 to 1.00. Total Debt shall include all indebtedness for borrowed money and standby letters of credit (whether on or off-balance sheet) but shall not include ordinary course liability for trade indebtedness (including reimbursement under trade letters of credit). For purposes hereof, EBITDA, for the first four fiscal quarterly calculations, shall be annualized using EBITDA from the closing date to the date of such calculation.
Sample 1
Total Debt/EBITDA. The Borrower’s total debt/ebitda ratio must amount to no more than 3.
Sample 1
Total Debt/EBITDA. The Borrower will not permit the Total Debt to EBITDA Ratio (a) from October 25, 1999 through June 29, 2000 to exceed 5.00:1.00 at any time; (b) from June 30, 2000 through December 30, 2000 to exceed 3.50:1.00 at any time; and (c) from December 31, 2000 and any time thereafter to exceed 3.00:1.00 at any time.
Sample 1
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Related to Total Debt/EBITDA

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

  • Total Debt The total Debt of all Consolidated Subsidiaries of the Borrower, excluding the Debt, if any, owed by such Consolidated Subsidiaries to the Borrower or another Consolidated Subsidiary of the Borrower, will at no time exceed an amount equal to $500,000,000 (or the Exchange Equivalent thereof).

  • Total Debt to EBITDA Ratio The Total Debt to EBITDA Ratio will not exceed 4.0 to 1.0 at the end of any fiscal quarter.

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

  • Cash Flow Leverage Ratio The Borrower will not permit the Cash Flow Leverage Ratio on the last day of any fiscal quarter to exceed 3.50 to 1.00.

  • Total Net Leverage Ratio Holdings and its Restricted Subsidiaries, on a consolidated basis, shall not permit the Total Net Leverage Ratio on the last day of any Test Period to exceed the ratio set forth below opposite the last day of such Test Period:

  • Maximum Total Leverage Ratio The Borrower shall maintain, on the last day of each fiscal quarter set forth below, a Total Leverage Ratio of not more than the maximum ratio set forth below opposite such fiscal quarter: October 31, 2007, January 31, 2008, April 30, 2008, July 31, 2008, October 31, 2008 and January 31, 2009 4.7 to 1 April 30, 2009, July 31, 2009, October 31, 2009 and January 31, 2010 4.2 to 1 April 30, 2010 and each fiscal quarter thereafter 4.0 to 1

  • EBITDA The term “EBITDA” shall mean, with respect to any fiscal period, “Consolidated EBITDA” as defined in the Credit Agreement, provided that the following should also be excluded from the calculation of EBITDA to the extent not already excluded from the calculation of Consolidated EBITDA under the Credit Agreement: (i) Non-Cash Charges (as defined in the Credit Agreement) related to any issuances of equity securities; (ii) fees and expenses relating to the Acquisition; (iii) financing fees (both cash and non-cash) relating to the Acquisition; (iv) covenant-not-to-compete payments to certain members of the Company’s senior management and related expenses; (v) expenses (or any portion thereof) incurred outside of the ordinary course of business that are approved by the Board which the Board determines in its good faith discretion are in the best interest of the Company but which will have a disproportionately adverse impact on the Company’s short term financial performance, affecting the Company’s ability to achieve financial targets related to the vesting of the Class C Units under the Incentive Unit Subscription Agreements or the Company’s annual bonus plan; (vi) costs and expenses incurred in connection with evaluating and consummating acquisitions not contemplated by the Company’s annual plan, as such plan is approved by the Board in good faith; (vii) related party expenditures that are subject to the prior written consent of the Majority Executives pursuant to Section 2.3(a) of the Securityholders Agreement but have failed to receive such consent; (viii) advisors’ fees and expenses incurred outside the ordinary course of business related solely to Vestar’s activities that are unrelated to the Company; (ix) costs associated with any put option or call option contemplated by any Rollover Subscription Agreement or Incentive Unit Subscription Agreement; (x) costs associated with any proposed initial Public Offering or Sale of the Company (as such terms are defined in the Securityholders Agreement); (xi) expenses related to any litigation arising from the Acquisition; (x) management fees and costs related to the activities giving rise to such fees that are paid to, paid for or reimbursed to Vestar and its Affiliates; and (xii) material expenditures or incremental expenditures inconsistent with prior practice (to the extent that prior practice is relevant) required by Board (where Management Managers (as defined in the Securityholders Agreement) unanimously dissent) unless such expenditures are reasonably likely to result in any benefit (whether economic or non-economic) to the Company as determined by the Board in its good faith discretion.

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

  • Total Leverage Ratio The Borrowers will not permit the Total Leverage Ratio on the last day of any fiscal quarter to exceed 3.75 to 1.00.

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