Total Indebtedness to Consolidated EBITDA. Permit the ratio (the “Leverage Ratio”) of (i) Total Indebtedness as of the last day of any fiscal quarter of the Parent, to (ii) Consolidated EBITDA for the period of four consecutive fiscal quarters of the Parent then ended, to be greater than 3.00 to 1.00.
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Samples: Credit Agreement (Landstar System Inc), Credit Agreement (Landstar System Inc), Credit Agreement (Landstar System Inc)
Total Indebtedness to Consolidated EBITDA. Permit the ratio (the “"Leverage Ratio”") of (i) Total Indebtedness as of the last day of any fiscal quarter period of the Parent, Borrower to (ii) Consolidated EBITDA for the period of four consecutive fiscal quarters of the Parent Borrower then endedending, to be greater than 3.00 3.0 to 1.001.0.
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