Total Debt to EBITDA. As of the end of any fiscal quarter of the Borrower, the Borrower will not permit the ratio of (a) Total Debt to (b) EBITDA for the four fiscal quarters then ending to exceed 3.50:1.00.
Appears in 5 contracts
Samples: Credit Agreement (Waste Management Inc), Revolving Credit Agreement (Waste Management Inc), Revolving Credit Agreement (Waste Management Inc)
Total Debt to EBITDA. As of the end of any fiscal quarter of the Borrower, the Borrower will not permit the ratio of (a) Total Debt to (b) EBITDA for the four fiscal quarters then ending to exceed 3.50:1.003.00:1.00.
Appears in 4 contracts
Samples: Revolving Credit Agreement, Revolving Credit Agreement (Waste Management Inc), Day Loan Agreement (Waste Management Inc)
Total Debt to EBITDA. As of the end of any fiscal quarter of the Borrower, the Borrower will not permit the ratio of (a) Total Debt to (b) EBITDA for the four fiscal quarters then ending to exceed (i) for each fiscal quarter of the Borrower ending before September 30, 2015, 3.75:1.00, and (ii) for each fiscal quarter of the Borrower ending on or after September 30, 2015, 3.50:1.00.
Appears in 1 contract
