Total Debt to EBITDA Ratio. The Borrower, on a Modified Consolidated Basis, will ensure that the Total Debt to EBITDA Ratio determined as at the last day of each Fiscal Quarter is not greater than 3.75:1, in respect of the immediately preceding Four Quarter Period.
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Samples: Loan Agreement, Loan Agreement (Just Energy Group Inc.)
Total Debt to EBITDA Ratio. The BorrowerBorrowers, on a Modified Consolidated Basis, will ensure that the Total Debt to EBITDA Ratio determined as at the last day of each Fiscal Quarter is not greater than 3.75:13.50:1, in respect of the immediately preceding Four Quarter Period.
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Samples: Credit Agreement (Just Energy Group Inc.), Credit Agreement (Just Energy Group Inc.)
Total Debt to EBITDA Ratio. The BorrowerBorrowers, on a Modified Consolidated Basis, will ensure that the Total Debt to EBITDA Ratio determined as at the last day of each Fiscal Quarter is not greater than 3.75:1, in respect of the immediately preceding Four Quarter Period, is not greater than 1.75:1.
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Total Debt to EBITDA Ratio. The BorrowerBorrowers, on a Modified Consolidated Basis, will ensure that the Total Debt to EBITDA Ratio determined as at the last day of each Fiscal Quarter is not greater than 3.75:13.50:1, in respect of the immediately preceding Four Quarter Period. For the purposes of calculating the Total Debt to EBITDA Ratio for the Fiscal Quarters ending December 31, 2014, March 31, 2015, June 30, 2015 and September 30, 2015, the Borrowers shall be permitted to include as net income the amount received in connection with the NEC Disposition, being $58,983,000.
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Total Debt to EBITDA Ratio. The BorrowerBorrower and its Subsidiaries shall maintain, on a Modified Consolidated Basis, will ensure that the Total Debt to EBITDA Ratio determined as at of the last day of each Fiscal Quarter is Quarter, a Total Debt to EBITDA Ratio of not greater than 3.75:1, in respect of the immediately preceding Four Quarter Period3.00:1.00.
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Samples: Revolving Credit and Term Loan Agreement (Aaron's Inc)
Total Debt to EBITDA Ratio. The BorrowerBorrower and its Subsidiaries shall maintain, on a Modified Consolidated Basis, will ensure that the Total Debt to EBITDA Ratio determined as at of the last day of each Fiscal Quarter is Quarter, a Total Debt to EBITDA Ratio of not greater than 3.75:1, in respect of the immediately preceding Four Quarter Period3.00:1.
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Total Debt to EBITDA Ratio. The Borrower, on a Modified Consolidated Basisconsolidated basis, will ensure that the at all times its Total Debt to EBITDA Ratio determined as at the last day of each Fiscal Quarter is not greater than 3.75:1at any time, in respect of to the immediately preceding Four Quarter Period., greater than the following amounts during the periods provided for below: Subsequent to Closing Date to the date upon which the Term Facility is repaid in full 2.00:1 Thereafter 1.50:1
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