TOTAL FUNDED INDEBTEDNESS TO EBITDA Sample Clauses

TOTAL FUNDED INDEBTEDNESS TO EBITDA. Permit, as of the last day of each fiscal quarter of the Companies, the ratio of the Companies' (a) Total Funded Indebtedness as of such date, to (b) EBITDA for the four (4) fiscal quarters ending on the date of determination, to be greater than 1.5 to 1.0.
Sample 1
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TOTAL FUNDED INDEBTEDNESS TO EBITDA. Maintain as of the ------------ ----------------------------------- end of each fiscal quarter of the Borrower, a ratio of (i) Funded Indebtedness for the Borrower and its Eligible Subsidiaries to (ii) Adjusted EBITDA for the Borrower and its Eligible Subsidiaries for the four fiscal quarters most recently ended, of not more than the amounts set forth below: -------------------------------------------------------------------------------------------------------- PERIOD RATIO -------------------------------------------------------------------------------------------------------- -52- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- Closing Date through 7/31/99 4.00:1* ------------------------------------------------------------------------------------------------------- 8/1/99 through 7/31/00 3.75:1* ------------------------------------------------------------------------------------------------------- 8/1/00 through 7/31/01 3.25:1 ------------------------------------------------------------------------------------------------------- 8/1/01 and thereafter 2.75:1 -------------------------------------------------------------------------------------------------------
Sample 1

Related to TOTAL FUNDED INDEBTEDNESS TO EBITDA

  • Funded Indebtedness 2 GAAP............................................................ 6

  • Funded Debt to EBITDA Section 10.2 of the Loan Agreement is hereby amended and restated in its entirety to read as follows:

  • Funded Debt to EBITDA Ratio A. Funded Debt

  • Ratio of Total Debt to EBITDAX The Borrower will not, at any time, permit its ratio of Total Debt as of such time to EBITDAX for the four fiscal quarters ending on the last day of the fiscal quarter immediately preceding the date of determination for which financial statements are available to be greater than 3.5 to 1.0.

  • Total Debt to EBITDA Ratio The Total Debt to EBITDA Ratio will not exceed 4.0 to 1.0 at the end of any fiscal quarter.

  • Debt to EBITDA Ratio Maintain, as of the end of each fiscal quarter, a ratio of (i) Debt, excluding Debt in respect of Hedge Agreements, as of such date to (ii) Consolidated EBITDA of the Company and its Consolidated Subsidiaries for the period of four fiscal quarters most recently ended, of not greater than 4.0 to 1.0.

  • Maximum Consolidated Total Leverage Ratio The Borrower will cause the Consolidated Total Leverage Ratio to be less than (a) 4.00 to 1.00 at all times during the period from the Effective Date to and including December 30, 2009, (b) 3.75 to 1.00 at all times during the period from December 31, 2009 to and including December 30, 2010 and (c) less than 3.50 to 1.00 at all times thereafter.

  • Total Debt The Company will not at any time permit Consolidated Total Debt to exceed any of the following:

  • Consolidated Total Leverage Ratio Permit the Consolidated Total Leverage Ratio as of the last day of any fiscal quarter ending on or after September 30, 2008 to be greater than 3.5 to 1.0.

  • Minimum Consolidated EBITDA The Borrower will not permit Modified Consolidated EBITDA, for any Test Period ending at the end of any fiscal quarter of the Borrower set forth below, to be less than the amount set forth opposite such fiscal quarter: Fiscal Quarter Amount September 30, 1997 $36,000,000 December 31, 1997 $36,000,000 March 31, 1998 $36,000,000 June 30, 1998 $37,000,000 September 30, 1998 $37,000,000 December 31, 1998 $38,000,000 March 31, 1999 $38,000,000 June 30, 1999 $39,000,000 September 30, 1999 $40,000,000 December 31, 1999 $41,000,000 March 31, 2000 $41,000,000 June 30, 2000 $42,000,000 September 30, 2000 $43,000,000 December 31, 2000 $44,000,000 March 31, 2001 $44,000,000 June 30, 2001 $45,000,000 September 30, 2001 $46,000,000 December 31, 2001 $47,000,000 March 31, 2002 $47,000,000

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