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

Total Funded Debt to EBITDA Ratio. The Loan Parties shall not permit the Core Leverage Ratio as of the end of each fiscal quarter (i) ending June 30, 2019, through December 31, 2019, to exceed 3.25 to 1, (ii) ending March 31, 2020, through December 31, 2020, to exceed 3.75 to 1, and (iii) ending March 31, 2021 and thereafter to exceed 3.25 to 1.00.

Total Funded Debt to EBITDA Ratio. The Loan Parties shall not permit the Core Leverage Ratio (i) as of the end of each fiscal quarter (i) ending on or before June 30, 2019, through December 31, 20192016, to exceed 3.25 2.00 to 11.00, (ii) as of the end of each fiscal quarter ending September 30, 2016, December 31, 2016, March 31, 20202017 and June 30, through December 31, 20202017, to exceed 3.75 2.75 to 11.00, and (iii) as of the end of each fiscal quarter ending March 31September 30, 2021 2017 and thereafter thereafter, to exceed 3.25 2.00 to 1.00.

Total Funded Debt to EBITDA Ratio. The Loan Parties shall not permit the Core Leverage Ratio as of the end of each fiscal quarter (i) ending June 30, 2019, through December on March 31, 20192022, to exceed 3.25 4.50 to 11.00, (ii) ending March 31on June 30, 2020, through December 31, 20202022, to exceed 3.75 4.25 to 11.00, and (iii) ending March on September 30, 2022 or December 31, 2021 and thereafter 2022, to exceed 3.25 4.00 to 1.00., and (iv) for any quarter ending thereafter, to exceed 3.50 to 1.00. (b)

Total Funded Debt to EBITDA Ratio. The Loan Parties shall not permit the Core Leverage Ratio (i) as of the end of each fiscal quarter (i) ending on or before June 30, 2019, through December 31, 20192016, to exceed 3.25 2.00 to 11.00, and (ii) as of the end of each fiscal quarter ending March 31September 30, 20202016, through December 31, 2020, to exceed 3.75 to 1, and (iii) ending March 31, 2021 and thereafter to exceed 3.25 2.75 to 1.00.

Total Funded Debt to EBITDA Ratio. The Loan Parties shall not permit the Core Leverage Ratio as of the end of each fiscal quarter (i) ending June 30, 2019, through December on March 31, 20192022, to exceed 3.25 4.50 to 11.00, (ii) ending March 31on June 30, 2020, through December 31, 20202022, to exceed 3.75 4.25 to 11.00, and (iii) ending on September 30, 2022, December 31, 2022, March 31, 2021 and thereafter 2023, or June 30, 2023 to exceed 3.25 4.00 to 1.00, and (iv) for any quarter ending thereafter, to exceed 3.50 to 1.00. 3.

Total Funded Debt to EBITDA Ratio. The Loan Parties shall not permit the Core Leverage Ratio as of the end of each fiscal quarter (i) ending on June 30, 2019, through December 31, 2019, 2023 to exceed 3.25 4.00 to 11.00, (ii) ending March 31on September 30, 20202023 to exceed 4.25 to 1.00, through December 31, 2020and (ii) for any quarter ending thereafter, to exceed 3.75 to 1, and (iii) ending March 31, 2021 and thereafter to exceed 3.25 3.50 to 1.00. (h) Section 11.01 of the Credit Agreement is hereby amended to change the reference to “Section 2.12(f)” in Section 11.01(a)(v) to read “Section 2.12(g).” 3.