Total Net Debt to EBITDA Ratio. The Borrower shall, at all times, maintain a Total Net Debt to EBITDA Ratio of not more than 3.50:1.00, on a rolling four-quarter basis.
Total Net Debt to EBITDA Ratio. Holdings, the Borrower and its Restricted Subsidiaries shall maintain, as of the last day of each Fiscal Quarter, a Total Net Debt to EBITDA Ratio of not greater than 2.75:1.00; provided, that, upon the occurrence of a Qualified Acquisition, for the four (4) Fiscal Quarters commencing with the Fiscal Quarter during which such Qualified Acquisition closes (each such period, a “Leverage Increase Period”), the required ratio set forth above may, upon receipt by the Administrative Agent of a Qualified Acquisition Notice, be increased to 3.00:1.00; provided further, that (i) the maximum Total Net Debt to EBITDA Ratio permitted pursuant to this Section 6.1 shall revert to 2.75:1.00 following the end of each Leverage Increase Period, (ii) for at least two (2) full Fiscal Quarters ending immediately following the end of each Leverage Increase Period, the Total Net Debt to EBITDA Ratio as of the end of each such Fiscal Quarter shall not be permitted to be greater than 2.75:1.00 prior to giving effect to another Leverage Increase Period and (iii) the Leverage Increase Period shall apply for purposes of (w) determining compliance with this Section 6.1, (x) [reserved], (y) any Qualified Acquisition Pro Forma Determination and (z) determining compliance on a Pro Forma Basis in connection with the incurrence of Indebtedness under Section 7.1.
Total Net Debt to EBITDA Ratio. Holdings, the Borrower and its Restricted Subsidiaries shall maintain, as of the last day of each Fiscal Quarter, a Total Net Debt to EBITDA Ratio of not greater than 2.50:1.00.
Total Net Debt to EBITDA Ratio. (1) Total Indebtedness as of the last day of the Computation Period ending on the Computation Date: $_________
