Total Debt Leverage Ratio. Permit the ratio of Indebtedness of the Borrower and its Subsidiaries, as of the last day of any fiscal quarter (commencing September 30, 2000), to EBITDA, for the period of four consecutive fiscal quarters then ended, to be greater than 3.25 to 1.0.
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Samples: Subordinated Credit Agreement (Meridian Resource Corp)
Total Debt Leverage Ratio. Permit the ratio of Indebtedness of the Borrower and its Subsidiaries, Subsidiaries as of the last day of any fiscal quarter (commencing September 30, 2000), to EBITDA, EBITDA for the period of four consecutive fiscal quarters then ended, ended to be (i) through the period ending June 30, 1998, greater than 3.25 6.0 to 1.0, (ii) thereafter through the period ending June 30, 1999, greater than 5.75 to 1.00 and (iii) thereafter, greater than 5.5 to 1.0.
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Total Debt Leverage Ratio. Permit the ratio of Indebtedness of the Borrower and its Subsidiaries, Subsidiaries as of the last day of any fiscal quarter (commencing September 30, 2000), to EBITDA, EBITDA for the period of four consecutive fiscal quarters then ended, ended to be greater than 3.25 to 1.0.
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Total Debt Leverage Ratio. Permit the ratio of total Indebtedness to EBITDA, determined on a consolidated basis, of the Borrower and its Subsidiaries, as of the last day of any fiscal quarter (commencing September 30, 2000), to EBITDA2002) of the Borrower, for the period of four consecutive fiscal quarters then ended, to be greater than 3.25 (i) for fiscal quarters ending on or before March 31, 2003, 3.75 to 1.0 and (ii) for any fiscal quarter thereafter, 3.0 to 1.0.
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Total Debt Leverage Ratio. Permit the ratio of total Indebtedness to EBITDA, determined on a consolidated basis, of the Borrower and its Subsidiaries, as of the last day of any fiscal quarter (commencing September 30, 2000), to EBITDAof the Borrower, for the period of four consecutive fiscal quarters then ended, to be greater than 3.25 3.0 to 1.0.
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Total Debt Leverage Ratio. Permit the ratio of Indebtedness of the Borrower and its Subsidiaries, as of the last day of any fiscal quarter (commencing September 30, 20001998), to EBITDA, for the period of four consecutive fiscal quarters then ended, to be greater than 3.25 to 1.0.
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Total Debt Leverage Ratio. Permit the ratio of Indebtedness of the Borrower and its Subsidiaries, Restricted Subsidiaries as of the last day of any fiscal quarter (commencing September 30, 2000), to EBITDA, EBITDA for the period of four consecutive fiscal quarters then ended, ended to be greater than 3.25 3.5 to 1.0.
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