Total Funded Debt to EBITDA. Borrower shall maintain a ratio of its Total Funded Indebtedness to EBITDA of not greater than 2.25 to 1.0 measured at the end of each fiscal quarter with EBITDA based upon the immediately preceding three fiscal quarters and the current fiscal quarter just ended.
Total Funded Debt to EBITDA. The ratio of total funded debt to EBITDA will not at any time be greater than 3.25 to 1.00, tested for the period of the previous four fiscal quarters.
Total Funded Debt to EBITDA. The ratio Total Funded Debt to EBITDA calculated on a rolling four (4) quarter basis.
Total Funded Debt to EBITDA. Total Funded Debt to EBITDA for any period of four consecutive Fiscal Quarters ending on or after a date specified below, to be greater than the ratio specified opposite such date: Date Ratio ---- -----
Total Funded Debt to EBITDA. Its ratio of (i) Total Funded Debt as of the last day of any fiscal quarter of the Borrower to (ii) EBITDA for the four fiscal quarter period ending on such date to be greater than the following levels for the following periods: Fourth fiscal quarter of the Borrower's fiscal year 2001 4.5:1.0 Each fiscal quarter thereafter 4.0.1.0
Total Funded Debt to EBITDA. Permit the ratio of Total Funded Debt to EBITDA as of the end of any Measurement Period to exceed 2.0 to 1.0. All Guaranties and other Indebtedness permitted pursuant to Sections 7.02(e), 7.02(g), and 7.02(h) shall be excluded from the calculation of this financial covenant at all times that such Indebtedness remains contingent and which are not letters of credit (including any Letters of Credit issued by the Lender) or reflected as liabilities on Borrower’s balance sheet in accordance with GAAP.
Total Funded Debt to EBITDA. Not permit its Total Funded Debt to EBITDA Ratio as of the last day of each fiscal quarter or other period set forth in the table below to be greater than the level set forth in the table below opposite such date:
Total Funded Debt to EBITDA. As of the end of each of its fiscal quarters for the four fiscal quarter period then ending, Borrower and its Subsidiaries shall not permit the ratio of (a) consolidated Total Funded Debt (which shall include, without limitation, the Sifen Subordinated Loan), to (b) consolidated EBITDA, to exceed the ratio set forth below for the corresponding period set forth below: Period Ratio For the four fiscal quarter period ending on January 31, 2013 2.50 to 1.00 For the four fiscal quarter period ending on April 30, 2013 2.25 to 1.00 For the four fiscal quarter period ending on July 31, 2013 2.25 to 1.00 For the four fiscal quarter period ending on October 31, 2013 and on the last day of each fiscal quarter ending thereafter 2.00 to 1.00 (o) by inserting the following as Section 11.14:
Total Funded Debt to EBITDA. Total Funded Debt Cash on balance sheet as of last day of fiscal period, Max $2M EBITDA LTM Actual Funded Debt (less cash on balance sheet up to maximum of $2,000) to EBITDA Maximum Funded Debt to EBITDA
Total Funded Debt to EBITDA. The Company will not permit the ratio of Consolidated Total Funded Debt at the end of any fiscal quarter set forth in the table set forth below to EBITDA for the Reference Period then ended to exceed the ratio set forth opposite such fiscal quarter set forth in table below: Fiscal Quarter Ending: Ratio First Quarter 2002 3.10:1.00 Second Quarter 2002 3.60:1.00 Third Quarter 2002 4.40:1.00 Fourth Quarter 2002 3.50:1.00 First Quarter 2003 2.75:1.00 Second Quarter 2003 3.15:1.00 Third Quarter 2003 3.60:1.00 Fourth Quarter 2003 2.00:1.00 First Quarter 2004 2.00:1.00 Second Quarter 2004 2.25:1.00 Third Quarter 2004 2.75:1.00 Fourth Quarter 2004 2.00:1.00
