Total Debt to Adjusted EBITDA Ratio except during the Covenant Adjustment Period Sample Clauses

Total Debt to Adjusted EBITDA Ratio except during the Covenant Adjustment Period. (A) except during the Covenant Adjustment Period, if and for so long as no Permitted Junior Debt is outstanding, as at the end of each Fiscal Quarter the Total Debt to Adjusted EBITDA Ratio shall not exceed 4.50 to 1.00; provided that after the occurrence of any Material Acquisition, the maximum Total Debt to Adjusted EBITDA Ratio shall be temporarily increased to 5.00 to 1.00 for the Fiscal Quarter during which such Material Acquisition occurs and for each of the next two Fiscal Quarters thereafter; and (B) except during the Covenant Adjustment Period, if and for so long as any Permitted Junior Debt is outstanding, as at the end of each Fiscal Quarter the Total Debt to Adjusted EBITDA Ratio shall not exceed 5.00 to 1.00; provided that after the occurrence of any Material Acquisition, the maximum Total Debt to Adjusted EBITDA Ratio shall be temporarily increased to 5.50 to 1.00 for the Fiscal Quarter during which such Material Acquisition occurs and for each of the next two Fiscal Quarters thereafter;
Sample 1
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Related to Total Debt to Adjusted EBITDA Ratio except during the Covenant Adjustment Period

  • Minimum Consolidated Fixed Charge Coverage Ratio The Consolidated Fixed Charge Coverage Ratio shall not be less than 1.50 to 1.00, determined based on information for the most recent fiscal quarter annualized.

  • Maximum Consolidated Leverage Ratio The Consolidated Leverage Ratio at any time may not exceed 0.75 to 1.00; and

  • Maximum Leverage Ratio The Borrower will not permit the Leverage Ratio as of the end of any fiscal quarter to be greater than 0.55 to 1.00.

  • 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.

  • 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.

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

  • 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

  • Maximum Senior Leverage Ratio Permit the Senior Leverage Ratio on the last day of any fiscal quarter during any period set forth below to be greater than the ratio set forth opposite such date or period below: Period Ratio ------ ----- September 30, 2001 2.50:1.0 December 31, 2001 2.00:1.0 March 31, 2002 through June 30, 2002 2.50:1.0 September 30, 2002 2.00:1.0 December 31, 2002 1.50:1.0 March 31, 2003 through June 30, 2003 2.00:1.0 September 30, 2003 1.50:1.0 December 31, 2003 and thereafter 1.25:1.0

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

  • Consolidated Fixed Charge Coverage Ratio Permit the Consolidated Fixed Charge Coverage Ratio as of the end of any Measurement Period ending as of the end of any fiscal quarter of the Borrower to be less than 1.25 to 1.00.

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