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

  • Maximum Consolidated Leverage Ratio The Consolidated Leverage Ratio at any time may not exceed 0.75 to 1.00; and

  • 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.

  • 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.

  • 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 Fixed Charge Coverage Ratio The Consolidated Fixed Charge Coverage Ratio shall not be less than 1.50 to 1.00, determined based on information for the most recent fiscal quarter annualized.

  • 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:

  • 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.

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

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