Debt to EBITDA Ratio of any Person at any date means the ratio of (a) Debt of the types that, in accordance with GAAP, would be classified as indebtedness on a Consolidated balance sheet of such Person on such date to (b) EBITDA for the period of four fiscal quarters of such Person ended on or immediately prior to such date, provided that for purposes of clause (a) of this definition, Debt shall not include (1) the obligations specified in clause (g) of the definition thereof set forth above or (2) with respect to the Borrower, any obligations which may be assumed by the Borrower for guaranties of any indebtedness of the Borrower's employee stock ownership plan up to an aggregate principal amount of $26,100,000.
Debt to EBITDA Ratio means, as at a Quarter End, the ratio of (a) Debt as at such Quarter End to (b) EBITDA for the 12 months ending as at such Quarter End.
Examples of Debt to EBITDA Ratio in a sentence
This idea was investigated in various studies, suggesting that some exporters and donors tend to favor countries perceived to be corrupt.
The Total Debt to EBITDA Ratio will not exceed 4.0 to 1.0 at the end of any fiscal quarter.
Maintain a Debt to EBITDA Ratio, as at the end of each fiscal quarter of the Borrower, of not more than 4.0:1.0.
Pro Forma Adjusted Rent Coverage Ratio, Term Debt and Term Debt to EBITDA Ratio are not defined by Canadian accounting standards for private enterprises (“ASPE”) or IFRS and do not have standardized meanings prescribed by ASPE or IFRS.
The Borrower shall, at all times, maintain a Total Net Debt to EBITDA Ratio of not more than 3.50:1.00, on a rolling four-quarter basis.
More Definitions of Debt to EBITDA Ratio
Debt to EBITDA Ratio means, as of the last day of any fiscal quarter, the ratio of: (a) the total consolidated Indebtedness of US Borrower and the Subsidiaries as of such day to (b) EBITDA for the Computation Period ending on such day.
Debt to EBITDA Ratio means, as of any date, the ratio of (a) Indebtedness of the Borrower and its Subsidiaries as of such date (other than Indebtedness consisting of reimbursement obligations in respect of undrawn amounts under outstanding Letters of Credit and Existing Letters of Credit) to (b) EBITDA of the Borrower and its Subsidiaries for the twelve-month period ending on such date.
Debt to EBITDA Ratio means, as of any date, the ratio of Consolidated Indebtedness (as of the date of determination) to EBITDA (for the Company’s then most recently completed four fiscal quarters).
Debt to EBITDA Ratio means the ratio of all Debt of the Borrower and its Subsidiaries on a consolidated basis, to EBITDA.
Debt to EBITDA Ratio as of any date of determination means the ratio of:
Debt to EBITDA Ratio means, as at any time of determination thereof, the ratio (expressed as a percentage) of (i) all Debt of the Company and Subsidiaries on a consolidated basis to (ii) EBITDA for the four consecutive fiscal quarter period then most recently ended.
Debt to EBITDA Ratio means, for any period, the ratio of (i) Indebtedness of the Borrower at the end of such period to (ii) Consolidated EBITDA of the Borrower and its Subsidiaries for such period, to the extent paid or required to be paid in cash, for such period.