Common use of Total Senior Secured Debt to EBITDA Ratio Clause in Contracts

Total Senior Secured Debt to EBITDA Ratio. Maintain at all times a ratio of (i) total Senior Secured Debt of the Borrower and the Non-Project Subsidiaries on a Consolidated basis as of such date (including the outstanding Advances) to (ii) EBITDA, equal to or less than 2.25 to 1.0.

Appears in 13 contracts

Samples: Credit Agreement, Credit Agreement, Credit Agreement (Digicel Group LTD)

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Total Senior Secured Debt to EBITDA Ratio. Maintain Prior to April 1, 2012, maintain at all times a ratio of (iA) total Senior Secured Debt of the Borrower and the Non-Project Subsidiaries on a Consolidated basis as of such date (including the outstanding Advances) to (iiB) EBITDA, equal to or less than 2.25 3.0 to 1.0.

Appears in 2 contracts

Samples: Tranche E 1 (Euro) Credit Agreement (Digicel Group LTD), Tranche D 1 Credit Agreement (Digicel Group LTD)

Total Senior Secured Debt to EBITDA Ratio. Maintain at all times a ratio of (i) total Senior Secured Debt of the Borrower and the Non-Project Subsidiaries on a Consolidated basis as of such date (including the outstanding Advances) to (ii) EBITDA, equal to or less than 2.25 3.0 to 1.0.

Appears in 1 contract

Samples: Common Agreement (Digicel Group LTD)

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Total Senior Secured Debt to EBITDA Ratio. Maintain at all times a ratio of (i) total Senior Secured Debt of the Borrower Company and the Non-Project Subsidiaries on a Consolidated basis as of such date (including the outstanding Advances) to (ii) EBITDA, equal to or less than 2.25 to 1.0.

Appears in 1 contract

Samples: Trust Deed (Digicel Group LTD)

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