Examples of Consolidated Total Debt in a sentence
Each Lien incurred or assumed, each Sale and Lease-Back Transaction entered into and each other transaction undertaken will be deemed to have been incurred, assumed or taken first, to the extent available, pursuant to the relevant Fixed Charge Coverage Ratio, Consolidated Secured Debt Ratio or Consolidated Total Debt Ratio test.
Maintain a ratio of (i) Consolidated Total Debt as of such Measurement Date to (ii) Consolidated EBITDAR for the four fiscal quarter period ending on such Measurement Date of not greater than (x) 4.25:1.0 for the fiscal quarter periods ending on each of November 1, 2024, and January 31, 2025, and (y) 3.75:1.0 thereafter.
Permit the ratio, determined as of the end of each of its fiscal quarters, of (i) Consolidated Total Debt to (ii) Consolidated Total Capitalization to be greater than 0.67 to 1.00.