Total Funded Debt to Adjusted EBITDA Ratio. The Company will not permit the ratio of (i) the consolidated Total Funded Debt of the Company and its Subsidiaries as of the last day of any fiscal quarter of the Company ending during any test period set forth in the table below, to (ii) Adjusted EBITDA for the period of four consecutive fiscal quarters ending on the same day, to be greater than the ratio set forth opposite such test period below: Four Fiscal Quarters Ending Ratio --------------- ----- June 30, 2001 3.25:1 September 30, 2001 2.50:1 and thereafter
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Samples: Credit Agreement (Correctional Services Corp), Master Agreement and Other Operative (Correctional Services Corp)
Total Funded Debt to Adjusted EBITDA Ratio. The Company will not permit the ratio of (i) the consolidated Total Funded Debt of the Company and its Subsidiaries as of the last day of any fiscal quarter of the Company ending during any test period set forth in the table below, to (ii) Adjusted EBITDA for the period of four consecutive fiscal quarters ending on the same day, to be greater than the ratio set forth opposite such test period below: Four Fiscal Ratio Quarters Ending Ratio --------------- ----- June 30, 2001 3.25:1 September 30, 2001 2.50:1 3.50:1 December 31, 2001 and thereafterthereafter 2.50:1
Appears in 1 contract
Total Funded Debt to Adjusted EBITDA Ratio. The Company will not permit the ratio of (i) the consolidated Total Funded Debt of the Company and its Subsidiaries as of the last day of any fiscal quarter of the Company ending during any test period set forth in the table below, to (ii) Adjusted EBITDA for the period of four consecutive fiscal quarters ending on the same day, to be greater than the ratio set forth opposite such test period below: Four Fiscal Quarters Ending Ratio --------------- ----- June 30, 2001 3.25:1 ------ September 30, 2001 2.50:1 3.50:1 December 31, 2001 and thereafterthereafter 2.50:1
Appears in 1 contract
Total Funded Debt to Adjusted EBITDA Ratio. The Company will not permit the ratio of (i) the consolidated Total Funded Debt of the Company and its Subsidiaries as of the last day of any fiscal quarter of the Company ending during any test period set forth in the table below, to (ii) Adjusted EBITDA for the period of four consecutive fiscal quarters ending on the same day, to be greater than the ratio set forth opposite such test period below: Four Fiscal Quarters Ending Ratio --------------- ----- June ------ September 30, 2001 3.25:1 September 303.50:1 December 31, 2001 2.50:1 and thereafter
Appears in 1 contract
Samples: Master Agreement and Other Operative (Correctional Services Corp)
Total Funded Debt to Adjusted EBITDA Ratio. The Company will not permit the ratio of (i) the consolidated Total Funded Debt of the Company and its Subsidiaries as of the last day of any fiscal quarter of the Company ending during any test period set forth in the table below, to (ii) Adjusted EBITDA for the period of four consecutive fiscal quarters ending on the same day, to be greater than the ratio set forth opposite such test period below: Four Fiscal Quarters Ending Ratio --------------- ----- June 30, 2001 3.25:1 September 30, 2001 2000 3.25:1 December 31, 2000 2.50:1 and thereafter
Appears in 1 contract
