Total Funded Debt/Annualized EBITDA Ratio Sample Clauses

Total Funded Debt/Annualized EBITDA Ratio. Section 6.17 is ----------------------------------------- deleted in its entirety and replaced with the following: On or before July 31, 1999, the Borrowers shall provide in writing to the Bank their Total Funded Debt/Annualized EBITDA Ratio, on a consolidated basis, as of the end of the fiscal quarter ending June 30, 1999.
Sample 1
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Total Funded Debt/Annualized EBITDA Ratio. (intentionally deleted)
Sample 1
Total Funded Debt/Annualized EBITDA Ratio. The Borrowers shall maintain on a consolidated basis, a Total Funded Debt/Annualized EBITDA Ratio of less than (a) 4.50 to 1.0 as of the end the fiscal quarter ending September 30, 1998, (b) 4.50 to 1.00 as of the end the fiscal quarter ending December 31, 1998, (c) 4.25 to 1.00 as of the end the fiscal quarter ending March 31, 1999, and (d) 3.00 to 1.00 as of the end the fiscal quarter ending June 30, 1999; provided, however, that in the event the CARS Transaction is consummated, in lieu of the requirements in clauses (b), (c) and (d) above, the Borrowers shall be required to maintain on a consolidated basis, a Total Funded Debt/Annualized EBITDA Ratio of less than (x) 3.75 to 1.0 as of the end the fiscal quarter ending December 31, 1998, (y) 3.50 to 1.0 as of the end the fiscal quarter ending March 31, 1999, and (z) 2.50 to 1.00 as of the end the fiscal quarter ending June 30, 1999.
Sample 1

Related to Total Funded Debt/Annualized EBITDA Ratio

  • Funded Debt to EBITDA Ratio A. Funded Debt

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

  • 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 Ratio Maintain its Funded Debt Ratio at not greater than (a) 3.75 to 1.00 at each fiscal quarter ending through and including December 31, 2003, (b) 3.50 to 1.00 as of March 31, 2004 and June 30, 2004, (c) 3.00 to 1.00 as of September 30, 2004, (b) 2.50 to 1.00 as of December 31, 2004 and at each fiscal quarter ending thereafter through and including September 30, 2005, and (c) 2.00 to 1.00 as of December 31, 2005 and as of each fiscal quarter ending thereafter.

  • Consolidated Total Net Leverage Ratio Permit the Consolidated Total Net Leverage Ratio on the last day of any fiscal quarter occurring during any period set forth below, to be greater than the ratio set forth below opposite such period: Period Maximum Consolidated Total Net Leverage Ratio Closing Date through and including September 30, 2014 7.25:1.00 December 31, 2014 through and including September 30, 2015 6.75:1.00 December 31, 2015 and thereafter 6.50:1.00

  • Ratio of Total Debt to EBITDAX The Borrower will not, at any time, permit its ratio of Total Debt as of such time to EBITDAX for the four fiscal quarters ending on the last day of the fiscal quarter immediately preceding the date of determination for which financial statements are available to be greater than 3.5 to 1.0.

  • Net Leverage Ratio Subject to the proviso set forth in Section 10.3, the Company will not permit the Consolidated Net Leverage Ratio at any time during any period of four consecutive fiscal quarters of the Company to be greater than (a) 3.50 to 1.00 or (b) during an Acquisition Holiday Period, 4.00 to 1.00.

  • 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 Net Leverage Ratio The Borrower will not permit the Total Net Leverage Ratio as of the end of any Fiscal Quarter to exceed 3.50 to 1.00.

  • 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.

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