Total Funded Senior Debt to Pro Forma Adjusted EBITDA Ratio Sample Clauses

Total Funded Senior Debt to Pro Forma Adjusted EBITDA Ratio. Emtec and its consolidated Subsidiaries shall maintain, as of the last Business Day of each fiscal quarter, a ratio of (i) Total Funded Senior Debt on such date to (ii) Pro Forma Adjusted EBITDA on a trailing twelve (12) months basis for such period, of not less than the level in the right hand column below for each period set forth in the corresponding left hand column below: November 30, 2011 4.0 to 1.0 February 28, 2012 3.5 to 1.0 May 31, 2012 3.5 to 1.0 August 31, 2012 4.0 to 1.0 November 30, 2012 4.0 to 1.0 February 28, 2013 3.5 to 1.0 May 31, 2013 3.5 to 1.0 August 31, 2013 3.5 to 1.0 November 30, 2013 4.0 to 1.0 February 28, 2014 3.5 to 1.0 May 31, 2014 3.5 to 1.0 August 31, 2014 3.5 to 1.0 November 30, 2014 4.0 to 1.0 February 28, 2015 3.5 to 1.0 May 31, 2015 3.5 to 1.0 August 31, 2015 3.5 to 1.0 November 30, 2015 4.0 to 1.0 February 28, 2016 3.5 to 1.0 May 31, 2016 3.5 to 1.0 ; provided, that if the Companies sell the Federal Procurement Business, then the ratio in the right hand column above shall be “3.5 to 1.0” for each listed date.
Sample 1

Related to Total Funded Senior Debt to Pro Forma Adjusted EBITDA Ratio

  • Funded Debt to EBITDA Ratio To maintain on a consolidated basis a ratio of Funded Debt to EBITDA not exceeding 3.0:1.0.

  • 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.

  • Total Debt to EBITDA Ratio Not permit the Total Debt to EBITDA Ratio as of the last day of any Computation Period to exceed 3.25 to 1.00.

  • Funded Debt to EBITDA Section 9.16 of the Loan Agreement shall be amended and restated as follows:

  • Total Net Leverage Ratio Holdings and its Restricted Subsidiaries, on a consolidated basis, shall not permit the Total Net Leverage Ratio on the last day of any Test Period to exceed the ratio set forth below opposite the last day of such Test Period:

  • Consolidated Net Leverage Ratio Permit the Consolidated Net Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 4.50:1.00.

  • Consolidated Senior Leverage Ratio Permit the Consolidated Senior Leverage Ratio as at the last day of any fiscal quarter of the Borrower Parent (i) occurring on or before March 31, 2015, to exceed 2.50:1.00; (ii) occurring thereafter, to exceed 2.00:1.00.

  • Adjusted EBITDA The 2019 adjusted EBITDA for the Affiliated Club Sellers shall total an aggregate of not less than $10,700,000.

  • Cash Flow Leverage Ratio The Borrower will not permit the Cash Flow Leverage Ratio on the last day of any fiscal quarter to exceed 3.50 to 1.00.

  • Leverage Ratio The Borrower will not permit the Leverage Ratio to exceed 4.50 to 1.0 on the last day of any Fiscal Quarter.