Total Net Debt to Consolidated EBITDA Sample Clauses

Total Net Debt to Consolidated EBITDA. The Company must ensure that the ratio of Total Net Debt as at each Quarter Date specified in Column A below to Consolidated EBITDA for the Relevant Period ending on such Quarter Date shall not be greater than the ratio set out opposite such Quarter Date in Column B below: COLUMN A COLUMN B (QUARTER DATE) (RATIO) -------------------------------------------------------- 31 March 2003 5.75:1 -------------------------------------------------------- 30 June 2003 5.25:1 -------------------------------------------------------- 30 September 2003 5.00:1 -------------------------------------------------------- 31 December 2003 4.75:1 -------------------------------------------------------- 31 March 2004 4.50:1 -------------------------------------------------------- 30 June 2004 4.25:1 -------------------------------------------------------- 30 September 2004 4.00:1 -------------------------------------------------------- 31 December 2004 3.50:1 -------------------------------------------------------- 31 March 2005 3.25:1 --------------------------------------------------------
Sample 1
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Total Net Debt to Consolidated EBITDA. The ratio of the Total Net Debt as at the end of, to Consolidated EBITDA in respect of, each period set out in column A and measured at the last day of the last month in such period shall not be greater than the ratio set out in column B:
Sample 1
Total Net Debt to Consolidated EBITDA. The ratio of the Total Net Debt as at the end of, to Consolidated EBITDA in respect of, each period set out in column A and measured at the last day of the last month in such period shall not be greater than the ratio set out in column B: A B PERIOD OF 12 MONTHS ENDING ON: 31 December 2003 4.65:1 31 March 2004 4.30:1 30 June 2004 4.30:1 30 September 2004 3.90:1 31 December 2004 3.90:1 31 March 2005 3.65:1 30 June 2005 3.65:1 30 September 2005 3.30:1 31 December 2005 3.30:1 31 March 2006 3.00:1 30 June 2006 30 September 2006 3.00:1 and thereafter (on a rolling 12 month basis, 3.00:1 at the end of each Quarter)
Sample 1

Related to Total Net Debt to Consolidated EBITDA

  • 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

  • Minimum Consolidated Adjusted EBITDA The Borrowers will maintain, as of the last day of each Fiscal Quarter commencing with the Fiscal Quarter ending December 31, 2009, Consolidated Adjusted EBITDA for the four Fiscal Quarters then ended of not less than $22,500,000.

  • Consolidated Total Net Leverage Ratio Permit the Consolidated Total Net Leverage Ratio on the last day of any fiscal quarter occurring during any period set forth below, to be greater than the ratio set forth below opposite such period: Period Maximum Consolidated Total Net Leverage Ratio Closing Date through and including September 30, 2014 7.25:1.00 December 31, 2014 through and including September 30, 2015 6.75:1.00 December 31, 2015 and thereafter 6.50:1.00

  • Maximum Consolidated Leverage Ratio As of the last day of each Fiscal Quarter of the Borrower (commencing with the Fiscal Quarter ending March 31, 2018), the Borrower shall not permit the Consolidated Leverage Ratio to be greater than 0.60 to 1.00.

  • Consolidated Leverage Ratio Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 2.50 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.

  • Consolidated EBITDA With respect to any period, an amount equal to the EBITDA of REIT and its Subsidiaries for such period determined on a Consolidated basis.

  • 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.

  • 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.

  • 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.

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