Debt Incurrence Ratio definition

Debt Incurrence Ratio shall have the meaning specified in Section 4.11.
Debt Incurrence Ratio shall have the meaning specified in Section 4.10.
Debt Incurrence Ratio has the meaning set forth in Section 1008.

Examples of Debt Incurrence Ratio in a sentence

  • The Issuer and the Guarantors shall not, and shall not permit any of their Subsidiaries to, individually or collectively, directly or indirectly, make any Restricted Payment if, after giving effect to such Restricted Payment on a pro forma basis, (i) a Default or an Event of Default shall have occurred and be continuing or (ii) Xxxxxxx International is not permitted to incur at least $1.00 of additional Indebtedness pursuant to the Debt Incurrence Ratio contained in Section 4.10.

  • The Term Loans are being incurred pursuant to, and in full compliance with, the 1997 Senior Unsecured Indenture, and the Term Loans are classified as Indebtedness incurred under the "Debt Incurrence Ratio".


More Definitions of Debt Incurrence Ratio

Debt Incurrence Ratio means, as to any Person, with respect to any period, the ratio of (a) EBITDAR of such Person for such Period, to (b) the Fixed Charges of such Person for such period.
Debt Incurrence Ratio has the meaning set forth in Section 4.7(a)(2) hereof.
Debt Incurrence Ratio shall have the meaning set forth in Section 7.1.
Debt Incurrence Ratio. ’ means, as of the relevant date of determination, the ratio of (i) total amount of all Financial Indebtedness of the Restricted Group outstanding as at that time; to
Debt Incurrence Ratio means Total Net Indebtedness divided by an amount equal to (i) LTM EBITDA of the Company and its subsidiaries on a consolidated basis as of the most recently completed month-end minus (ii) without duplication, any payment of CAXDAC Obligations by the Company or its subsidiaries over the same period.
Debt Incurrence Ratio means Total Net Indebtedness divided by an amount equal to (i) LTM EBITDA of the Company and its subsidiaries on a consolidated basis as of the most recently completed month-end minus (ii) without duplication, any payment to CAXDAC by the Company or its subsidiaries over the same period.
Debt Incurrence Ratio shall have the meaning specified in Section 4.10. "DEFAULT" means any event which is, or after notice or passage of time or both would be, an Event of Default.