Total Indebtedness to EBITDA Ratio. Borrower shall not permit the ratio of Total Indebtedness calculated as of the last day of any month during any of the periods set forth below to EBITDA for the twelve (12) month period ending on such day to be greater than the ratio set forth below for such period. Period Ratio ------ ----- Restatement Effective Date through August 31, 2002 4.50 September 1, 2002 through May 31, 2003 4.25 June 1, 2003 through February 28, 2004 4.00 March 1, 2004 through February 28, 2005 3.75 March 1, 2005 and thereafter 3.50
Total Indebtedness to EBITDA Ratio. Not permit the Total Indebtedness to EBITDA Ratio as of the last day of any Computation Period set forth below to exceed the applicable ratio set forth below for such Computation: Computation Total Debt to Period Ending EBITDA Ratio ------------- ------------ 09/30/00 4.00 to 1.00 12/31/00 3.90 to 1.00 03/31/01 3.90 to 1.00 06/30/01 3.70 to 1.00 09/30/01 3.55 to 1.00 12/31/01 3.40 to 1.00 03/31/02 3.30 to 1.00 06/30/02 3.10 to 1.00 09/30/02 2.90 to 1.00 12/31/02 2.70 to 1.00 03/31/03 2.55 to 1.00 06/30/03 2.40 to 1.00 09/30/03 2.10 to 1.00 12/31/03 2.05 to 1.00 03/31/04 1.90 to 1.00 06/30/04 1.75 to 1.00 09/30/04 1.60 to 1.00 12/31/04 1.45 to 1.00 03/31/05 1.35 to 1.00 06/30/05 1.20 to 1.00 09/30/05 1.05 to 1.00 12/31/05 0.90 to 1.00 03/31/06 0.80 to 1.00 06/30/06 and each quarter ending thereafter 0.80 to 1.00
Total Indebtedness to EBITDA Ratio. Holdings and Borrowers shall not permit the ratio of Total Indebtedness (calculated as of the last day of any Fiscal Quarter) to EBITDA for the periods set forth below to be greater than the ratios set forth below: Maximum Period Ratio Four Fiscal Quarters ending March 31, 2000 5.50:1.00 Four Fiscal Quarters ending June 30, 2000 5.50:1.00 Four Fiscal Quarters ending September 30, 2000 4.90:1.00 Four Fiscal Quarters ending December 31, 2000 3.85:1.00 Four Fiscal Quarters ending March 31, 2001 3.50:1.00 Four Fiscal Quarters ending June 30, 2001 3.00:1.00 Four Fiscal Quarters ending September 30, 2001 2.75:1.00 Four Fiscal Quarters ending December 31, 2001 2.50:1.00 Four Fiscal Quarters ending March 31, 2002 and 2.50:1.00 each four-Fiscal-Quarter period thereafter
Total Indebtedness to EBITDA Ratio. The Company will not permit, at any time, the ratio of Total Debt to EBITDA to exceed 5.00 to 1.00 for the four fiscal quarters most recently ended.
Total Indebtedness to EBITDA Ratio. Not permit the Total Indebtedness to EBITDA Ratio as of the last day of any Computation Period set forth below to exceed the applicable ratio set forth below for such Computation Period: Computation Interest Coverage Period Ending Ratio -------------------------- ----------------- 09/30/00 4.00 to 1.00 12/31/00 3.90 to 1.00 03/31/01 3.90 to 1.00 06/30/01 3.70 to 1.00 09/30/01 3.55 to 1.00 12/31/01 3.40 to 1.00 03/31/02 3.30 to 1.00 06/30/02 3.10 to 1.00 09/30/02 2.90 to 1.00 12/31/02 2.70 to 1.00 03/31/03 2.55 to 1.00 "
Total Indebtedness to EBITDA Ratio. The Borrower shall not permit the ratio of (i) Borrower’s Indebtedness as of the end of each Fiscal Quarter to (ii) Borrower’s EBITDA for the four consecutive Fiscal Quarter period ending as of the end of such Fiscal Quarter, to exceed 2.50 to 1.00.
Total Indebtedness to EBITDA Ratio. Permit the ratio, determined as of the end of each quarter of each fiscal year of the Borrower, commencing with that ending on December 31, 2008, of (a) Indebtedness of the Borrower, on a consolidated basis with its consolidated Subsidiaries, for borrowed money (exclusive, for the avoidance of doubt, of trade accounts payable and accrued liabilities, net unrealized losses or charges in respect of Commodity Hedge Agreements or Interest Rate Hedge Agreements and the undrawn, unexpired amount of all outstanding Letters of Credit, if such would otherwise be included) of the Borrower on a consolidated basis with its consolidated Subsidiaries to (b) EBITDA for the preceding four quarterly periods (including that ended on the date of determination) to be more than 3.75 to 1.00 at any time.
Total Indebtedness to EBITDA Ratio. The Company shall not permit the Total Indebtedness to EBITDA Ratio for any Computation Period to be greater than 3.50 to 1.00 or, with respect to no more than four consecutive Computation Periods following a Material Acquisition, 3.75 to 1.00.
Total Indebtedness to EBITDA Ratio. The Company will not permit, on any date, the ratio of (i) Total Indebtedness on such date to (ii) EBITDA for the period of four consecutive fiscal quarters most recently ended on or prior to such date, to be greater than 3.00 to 1.00 for any date through January 31, 2005, and 2.75 to 1.00 on any date thereafter.
Total Indebtedness to EBITDA Ratio. The Company may incur and permit to remain outstanding Indebtedness at any time and from time to time, but will not permit, at any time, the ratio of (a) Total Indebtedness to (b) EBITDA for the most recently ended four consecutive fiscal quarters to be greater than 5.00 to 1.00.
