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.
Appears in 1 contract
Samples: Loan and Security Agreement (Guidance Software, Inc.)
Total Funded Debt to EBITDA. Borrower shall maintain a ratio of its Total Funded Indebtedness Debt to EBITDA EBITDA, tested annually commencing as of not greater than 2.25 to 1.0 measured at the end of December 31, 2002 and each fiscal quarter with EBITDA based upon the immediately preceding three fiscal quarters and the current fiscal quarter just endedyear-end thereafter, of less than 2.0 to 1.0.
Appears in 1 contract
Samples: Credit Loan Agreement (Heartland Payment Systems Inc)
Total Funded Debt to EBITDA. Borrower shall maintain a ratio of its Total Funded Indebtedness Debt divided by its EBITDA, tested annually, commencing December 31, 2002 and continuing thereafter, of less than 2.00 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 ended1.00.
Appears in 1 contract
Samples: Credit Loan Agreement (Heartland Payment Systems Inc)
Total Funded Debt to EBITDA. The Borrower shall maintain maintain, as of the last day of each fiscal quarter, a ratio of its (a) the sum of Consolidated Total Funded Indebtedness Debt, as of such date, to (b) the sum of Consolidated EBITDA of not greater than 2.25 to 1.0 measured at for the end of each fiscal quarter with EBITDA based upon the immediately preceding three four fiscal quarters and the current fiscal quarter just endedthen ending, of less than 3.0 to 1.
Appears in 1 contract
Samples: Credit Agreement (Cerner Corp /Mo/)
Total Funded Debt to EBITDA. Borrower As of the end of each of its fiscal quarters, commencing September 30, 2004 and each fiscal quarter ending thereafter, the Company and its Subsidiaries shall maintain a ratio of its consolidated Total Funded Indebtedness Debt to consolidated EBITDA of not greater than 2.25 to 1.0 measured at the end of following for each applicable fiscal quarter with EBITDA based upon the immediately preceding three fiscal quarters and the current fiscal quarter just ended.quarter:
Appears in 1 contract
Samples: Securities Purchase Agreement (Integrity Media Inc)
