Common use of Total Funded Debt to EBITDA Ratio Clause in Contracts

Total Funded Debt to EBITDA Ratio. The Borrower shall not permit the ratio of its Total Funded Debt to its EBITDA, measured at the end of each fiscal quarter, calculated on a rolling four quarter basis, to be greater than 2.00 to 1.00 through maturity of the Loans.

Total Funded Debt to EBITDA Ratio. The Borrower shall not permit the ratio of its Total Funded Debt to its EBITDA, measured at the end of each fiscal quarter, calculated on a rolling four quarter basis, EBITDA Ratio to be greater than 2.00 3.75 to 1.00 through maturity 1.00, subject to reduction in the Bank’s discretion based upon the projections to be delivered by the Borrower to the Bank pursuant to Section 6.1(c) of this Agreement, such Total Funded Debt to EBITDA Ratio being measured quarterly, on a trailing twelve (12) month basis, as of the Loansfinal day of each fiscal quarter of the Borrower.

Total Funded Debt to EBITDA Ratio. The Borrower shall not permit the ratio of its Total Funded Debt to its EBITDA, measured at the end of each fiscal quarter, calculated on a rolling four quarter basis, EBITDA Ratio to be greater than 2.00 3.75 to 1.00 through maturity 1.00, subject to reduction in the Bank’s discretion based upon the projections to be delivered by the Borrower to the Bank pursuant to Section 4.3(b), such ratio being measured quarterly, on a trailing twelve (12) month basis, as of the Loansfinal day of each fiscal quarter of the Borrower.

Total Funded Debt to EBITDA Ratio. The Borrower Borrowers shall not permit the their consolidated ratio of its Total Funded Debt to its EBITDA, measured at the end of each fiscal quarter, calculated on a rolling four 4-calendar quarter basis, to be greater than 2.00 1.75 to 1.00 through maturity of the Loans1.0.