Examples of Consolidated Net Funded Debt in a sentence
Maintain (i) an Average Consolidated Net Funded Debt to EBITDA Ratio of no more than 5.25 to 1.0 during the Borrowers' Fiscal Quarter ending June 30, 2003, and for the period from July 1, 2003 through September 29, 2003, and (ii) at all times other than during the Borrowers' Fiscal Quarter ending June 30, 2003 and the period from July 1, 2003 through September 29, 2003, maintain an Average Consolidated Net Funded Debt to EBITDA Ratio of no more than 5.0 to 1.0.
The Funded Debt/EBITDA Ratio will not exceed 3.50 to 1.0, calculated at the end of each Fiscal Quarter (or Fiscal Month), calculated as to Consolidated Net Funded Debt as of the Fiscal Quarter (or Fiscal Month) just ended and calculated as to Consolidated EBITDA for the Fiscal Quarter (or Fiscal Month) just ended and the immediately preceding three Fiscal Quarters (or 11 Fiscal Months).
Maintain at all times an Average Consolidated Net Funded Debt to EBITDA Ratio of no more than 5.0 to 1.0.
At any time that the Minimum Availability Condition is not satisfied, have maintained an Average Consolidated Net Funded Debt to EBITDA Ratio for the Most Recent Covenant Test Period of no more than 6.0 to 1.0. Upon the occurrence of the Availability Test Period Termination Date, Borrowers’ compliance with this financial covenant shall be determined as set forth in Section 10.3.4.