Adjusted Leverage definition

Adjusted Leverage means, in respect of any period, the ratio of Total Net Debt on the last day of that period to Adjusted EBITDA in respect of that period.
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Adjusted Leverage has the meaning given to that term in Clause 22.1 (Financial definitions).
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Adjusted Leverage means, in respect of any Relevant Period, the ratio of Total Debt on the last day of that Relevant Period to Adjusted EBITDA in respect of that Relevant Period.
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Examples of Adjusted Leverage in a sentence

  • Permit the Consolidated Total Lease Adjusted Leverage Ratio at any time to be greater than 5.75 to 1.00.

  • The Company shall promptly, and in any event within 10 Business Days after the Company’s determination of such Adjusted Leverage Increase, notify the holders of the Notes in writing of such Adjusted Leverage Increase and the date of such commencement.

  • Permit the Consolidated Total Lease Adjusted Leverage Ratio at any time to be greater than 5.50 to 1.00.

  • If in connection with any Material Acquisition, the Company or any Subsidiary acquires associated real estate, eliminating any leases on the real estate being acquired or any leases of a Subsidiary being acquired, then the rent associated with those leases will not be included in the numerator of the Consolidated Total Lease Adjusted Leverage Ratio.

  • Permit the Consolidated Net Lease Adjusted Leverage Ratio as of the end of any fiscal quarter of Equinix to exceed 6.00 to 1.00.


More Definitions of Adjusted Leverage

Adjusted Leverage means, as of the last Test Date, the ratio of Consolidated Net Debt (as of that Test Date) and Dividend Amount to Consolidated EBITDA, calculated based on the Group’s consolidated financial statements for the financial year or for the first financial half-year of the financial year (provided to the Facility Administrator under Clause 17.1.1(A) or (B) as of the Test Date which came not more than 5 (five) months before the date of payment of the distributable profit to the shareholders of Headhunter Group.
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Adjusted Leverage means the ratio of total net debt, which equals total borrowings deducting the aggregate amount of cash and cash equivalents, to EBITDA, where EBITDA is adjusted for the EBITDA of any subsidiary acquired or disposed during the year as if that transaction had occurred on the first day of the year.
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Adjusted Leverage has the meaning set out in Schedule C.
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Adjusted Leverage means in respect to any Relevant Period, the ratio of Total Debt on the last day of the Relevant period to EBITDA in respect of the Relevant Period;
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Adjusted Leverage means all Indebtedness (other than subordinated shareholder indebtedness) divided by total assets, valued at their historical cost, without depreciation or amortization.
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Adjusted Leverage is defined as the total funded debt plus capital leases plus six times four quarter trailing rent/lease expense divided by four quarter trailing EBITDA plus rent/lease expense, and “EBITDA” means net profit before tax plus interest expense (net of capitalized interest expense), depreciation expense and amortization expense.
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Adjusted Leverage. Adjusted Leverage in respect of any Relevant Period specified in column 1 below shall not exceed the ratio set out in column 2 below opposite that Relevant Period. Column 1 Relevant Period expiring Column 2 Ratio
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