Total Debt to Consolidated EBITDA Sample Clauses

Total Debt to Consolidated EBITDA. The Parent shall maintain, for the four Fiscal Quarter period ended on the last day of each Fiscal Quarter set forth below, a Total Debt to Consolidated EBITDA ratio of not more than the ratio set forth below opposite such Fiscal Quarter: FOUR FISCAL QUARTERS ENDING TOTAL DEBT TO CONSOLIDATED EBITDA December 31, 2008 2.20:1.0 March 31, 2009 2.20:1.0 June 30, 2009 2.20:1.0 September 30, 2009 2.20:1.0 December 31, 2009 and each Fiscal Quarter thereafter 2.20:1.0” (iv) Section 6.12 (Capital Expenditures) of the Credit Agreement is hereby amended by deleting clause (b) thereof in its entirety and replacing it with the following new clause (b):
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Total Debt to Consolidated EBITDA. The Borrower will not permit the Total Debt to Consolidated EBITDA Ratio as of the last day of any four consecutive Fiscal Quarters to be greater than the ratio set forth below opposite the last day of such period: FOUR FISCAL QUARTER PERIOD ENDING TOTAL DEBT TO CONSOLIDATED EBITDA June 30, 2009
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Total Debt to Consolidated EBITDA. 1. Total Debt outstanding on the last day of such period: 2. Consolidated EBITDA for such period:
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Total Debt to Consolidated EBITDA. The Borrower will not permit Total Debt to Consolidated EBITDA as of the last day of any four consecutive Fiscal Quarters to be greater than the ratio set forth below opposite the last day of such period: FOUR FISCAL QUARTER TOTAL DEBT TO PERIOD ENDING CONSOLIDATED EBITDA March 31, 2010 2.00 to 1.00 June 30, 2010 1.90 to 1.00 September 30, 2010 1.65 to 1.00 December 31, 2010 1.60 to 1.00 March 31, 2011 1.55 to 1.00 June 30, 2011 1.45 to 1.00 September 30, 2011 1.35 to 1.00 December 31, 2011 and 1.25 to 1.00” thereafter
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Total Debt to Consolidated EBITDA. Permit the Leverage Ratio on the --------------------------------- last day of any fiscal quarter ending on or after the date set forth below to exceed the ratio set forth opposite such date: Fiscal Quarter Ending On Ratio ------------------------ ----- 03/31/04 17.5 to 1 06/30/04 12.5 to 1 09/30/04 10.0 to 1 12/31/04 8.5 to 1 03/31/05 7.0 to 1 06/30/05 6.0 to 1 09/30/05 and thereafter 5.0 to 1
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Total Debt to Consolidated EBITDA. 1. Total Debt outstanding on the last day of such period: 2. Consolidated EBITDA for such period: (a) Consolidated Net Income for such period: Plus, without duplication and to the extent already deducted (and not added back) in arriving at such Consolidated Net Income for such period, as determined on a Consolidated basis for the Borrower and its Subsidiaries in accordance with GAAP (b) Depreciation and amortization expense for such period:
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Total Debt to Consolidated EBITDA. 1. Total Debt outstanding on the last day of such period: 2. Consolidated EBITDA for the prior four Fiscal Quarters [Line A3]: 3. Total Debt to Consolidated EBITDA [Line B1 divided by Line B2]: __________:1.00 4. Maximum Total Debt to Consolidated EBITDA permitted without causing a Pricing Increase Event:8 __________:1.00 5. Maximum Total Debt to Consolidated EBITDA permitted without causing a Pricing Cap Event:9 __________:1.00 5 Amount may not exceed $500,000 in any Fiscal Quarter. 6 Amount may not exceed $20 million with respect to any twelve-month period ending during the period up to and including May 31, 2011, and may not exceed $18 million with respect to any twelve-month period ending after May 31, 2011; any add-back of such fees and charges of any financial advisor or consultant in excess of $100,000 in any twelve-month period must be approved in writing by the Required Lenders. This add-back shall only counts for purposes of Section 6.11. 7 Amount may not exceed $500,000 in any Fiscal Quarter. 8 See definition of “Interest Rate” in the Credit Agreement. 9 See definition of “Interest Rate” in the Credit Agreement. Has a Pricing Increase Event Occurred? Yes No Has a Pricing Cap Event Occurred?: Yes No
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Total Debt to Consolidated EBITDA. The Company will not permit the ratio of Total Debt to Consolidated EBITDA at any time on or after the First Amendment Effective Date to exceed the ratio of 3.50 to 1.00.” (i) Article VI of the Credit Agreement is amended by adding the following new Section 6.09:
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Related to Total Debt to Consolidated EBITDA

  • 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

  • Consolidated Leverage Ratio Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 2.50 to 1.0.

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

  • Consolidated EBITDA With respect to any period, an amount equal to the EBITDA of REIT and its Subsidiaries for such period determined on a Consolidated basis.

  • Consolidated Net Leverage Ratio Permit the Consolidated Net Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 4.50:1.00.

  • 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.

  • Consolidated Total Leverage Ratio Permit the Consolidated Total Leverage Ratio as of the last day of any fiscal quarter ending on or after September 30, 2008 to be greater than 3.5 to 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 Senior Leverage Ratio As of the end of each fiscal quarter of the members of the Consolidated Group, the Consolidated Senior Leverage Ratio shall not be greater than the ratio set forth below: Fiscal Quarter End Ratio ------------------ ----- December 31, 2000 3.00:1.0 March 31, 2001 3.10:1.0 June 30, 2001 3.10:1.0 September 30, 2001 2.75:1.0 December 31, 2001 and thereafter 2.50:1.0 1.6 Clause (c) of Section 7.9 of the Credit Agreement is amended to read as follows:

  • 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.

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