Consolidated Adjusted Leverage Ratio as at the last day of any period of four consecutive fiscal quarters of the Borrowers, the ratio of (a) Consolidated Adjusted Debt on such day to (b) Consolidated EBITDAR of the Borrowers and their Subsidiaries for such period.
Consolidated Adjusted Leverage Ratio means the ratio of (a) Consolidated Funded Debt, as of the end of any fiscal quarter, to (b) Consolidated EBITDA for the four fiscal quarter period ended as of the end of such fiscal quarter.
Consolidated Adjusted Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Funded Indebtedness (net of unrestricted cash and Cash Equivalents of Holdings and its Subsidiaries in an amount not to exceed $20,000,000) as of such date to (b) Consolidated Adjusted EBITDA for the most recently completed Measurement Period.
Examples of Consolidated Adjusted Leverage Ratio in a sentence
Permit the Consolidated Adjusted Leverage Ratio at any time to be greater than 3.50 to 1.00.
Commencing with the second fiscal quarter of 2013, permit the Consolidated Adjusted Leverage Ratio as at the last day of any period of four consecutive fiscal quarters of the Borrower to exceed 7.75 to 1.00.
Except with the written consent of the Requisite Revolving Lenders, permit the Consolidated Adjusted Leverage Ratio as at the last day of any period of four consecutive Fiscal Quarters to exceed a ratio of 6.00:1.00.
Permit the Consolidated Adjusted Leverage Ratio at any time to be greater than 3.00:1.00.
Permit the Consolidated Adjusted Leverage Ratio as at the last day of any period of four consecutive Fiscal Quarters to exceed a ratio of 6.00:1.00.
More Definitions of Consolidated Adjusted Leverage Ratio
Consolidated Adjusted Leverage Ratio means, at any date, for Guarantor and its Consolidated Subsidiaries determined on a consolidated basis, the ratio of:
Consolidated Adjusted Leverage Ratio as at the last day of any period of four consecutive fiscal quarters of the Borrower, the ratio of (a) Consolidated Adjusted Debt on such day to (b) Consolidated EBITDAR of the Borrower and its Subsidiaries for such period provided;
Consolidated Adjusted Leverage Ratio means, as of the last day of any Computation Period, the ratio of (a) the sum of (i) Consolidated Total Funded Indebtedness on such date, plus (ii) the product of (x) the aggregate amount of Consolidated Rentals for the Computation Period ending on such date, multiplied by (y) eight (8), to (b) Consolidated EBITDAR for the Computation Period ended on such date, all calculated for the Loan Parties and their Subsidiaries on a consolidated basis in accordance with GAAP.
Consolidated Adjusted Leverage Ratio for any period, the ratio of (a) Consolidated Adjusted Debt for such period to (b) Consolidated EBITDAR for such period.
Consolidated Adjusted Leverage Ratio means the ratio of Holdings' Consolidated Indebtedness to Holdings' Consolidated EBITDA, measured on a trailing 12 months basis, including any Permitted Acquisition Cost-Savings.
Consolidated Adjusted Leverage Ratio means, in relation to the Parent Company and its Subsidiaries as of the last day of any Fiscal Quarter, the ratio of (a) the Consolidated Total Debt of the Parent Company and its Subsidiaries as of such date, net of the aggregate principal amount of the Permitted Investor Debt of the Parent Company as at such date, to (b) the Consolidated EBITDA of the Parent Company and its Subsidiaries for the Measurement Period ending on such date.
Consolidated Adjusted Leverage Ratio means, as of the date of computation thereof, the ratio of (i) the sum of (without duplication) Consolidated Indebtedness (determined as at such date) to (ii) two times Consolidated Adjusted EBITDA (for the Two-Quarter Period ending on (or most recently ended prior to) such date.