Examples of Consolidated Total Borrowings in a sentence
Company will ensure that the ratio of Consolidated Total Borrowings to Consolidated EBITDA (the “Leverage Ratio”) is not, at the end of each Measurement Period, greater than 3.00 to 1.00.
So long as any of the Notes remains outstanding, the Issuer will not permit the ratio of Consolidated Total Borrowings to Consolidated Net Worth to be greater than 3.75 to 1.0 as of each Year-End Date and Semi-Annual Date.
The Company must ensure that Consolidated Total Borrowings do not, at the end of each Measurement Period, exceed two times of the Adjusted Consolidated EBITDA for that Measurement Period.
CONSOLIDATED EBITDA it will procure that the ratio of Consolidated Total Borrowings to Consolidated EBITDA shall not, as at the last day of each of the periods referred to in clause 10.1(e), exceed the ratio 4:1, in the first 12 months commencing from the date hereof.
The Issuer will ensure that the ratio of Consolidated Total Borrowings to Consolidated Total Assets shall at all times be less than 60 per cent.