EBITDA to Interest Ratio means, as of the last day of any Fiscal Quarter, the ratio of (i) consolidated EBITDA of the Borrower and its subsidiaries for the period of four consecutive Fiscal Quarters then ended to (ii) interest payable on, and amortization of debt discount in respect of, all Funded Debt of the Borrower and its subsidiaries during such period of four Fiscal Quarters.
EBITDA to Interest Ratio of any Person on any date means the ratio of (a) EBITDA for the period of four fiscal quarters of such Person ended on or immediately prior to such date to (b) interest payable on, and amortization of debt discount in respect of, all Debt of such Person for the period of four fiscal quarters of such Person ended on or immediately prior to such date, provided that for purposes of clause (b) of this definition, Debt shall not include the obligations specified in clause (g) of the definition thereof set forth above.
EBITDA to Interest Ratio means, at any time, the ratio calculated by dividing (a) EBITDA for the Borrower's four most recently completed fiscal quarters, by (b) Interest Expense for the same period.
Examples of EBITDA to Interest Ratio in a sentence
Maintain its EBITDA to Interest Ratio as of the end of each fiscal quarter of the Borrower at not less than 3.0 to 1.
The REIT shall not permit the Consolidated EBITDA to Interest Ratio computed for any fiscal quarter to be less than 200% for any period of four consecutive fiscal quarters (treated as a single accounting period).
Maintain an EBITDA to Interest Ratio, as at the end of each fiscal quarter of the Borrower, of not less than 3.25:1.0.
Maintain an EBITDA to Interest Ratio, as at the end of each fiscal quarter of the Borrower, of not less than 3.5:1.0.
Maintain an EBITDA to Interest Ratio, as at the end of each fiscal quarter of the Borrower, of not less than 3.0:1.0.
More Definitions of EBITDA to Interest Ratio
EBITDA to Interest Ratio means, as of the last day of each calendar quarter, the ratio of (a) Borrower’s EBITDA for the 12-month period ending on such day to (b) Borrower’s Interest Expense for the 12-month period ending on such day.
EBITDA to Interest Ratio means, at any time, the ratio calculated by dividing (a) EBITDA for the Borrower’s four most recently completed fiscal quarters, by (b) Interest Expense for the same period.
EBITDA to Interest Ratio means, at the close of any Fiscal Quarter, the ratio, computed for the period consisting of such Fiscal Quarter and each of the three immediately preceding Fiscal Quarters, of
EBITDA to Interest Ratio. The ratio of Item 4.I to Item 4.J...............................
EBITDA to Interest Ratio means, as of the last day of each calendar quarter, the ratio of (a) Tampa Electric’s EBITDA for the 12-month period ending on such day to (b) Tampa Electric’s Interest Expense for the 12-month period ending on such day.
EBITDA to Interest Ratio shall be determined as of the end of fiscal ------------------------ quarters, and, as of the end of a fiscal quarter, means the ratio calculated as EBITDA for the four quarters ending as of the relevant fiscal quarter divided by ---------- interest expense for such 12-month period.
EBITDA to Interest Ratio means , at any date of determination, for the Loan Parties on a consolidated basis, the ratio of (i) EBITDA for the Measurement Period ending on such date, to (ii) the cash Interest Expense paid during such Measurement Period (but not including the Commitment Fee or the Arrangement Fee (as defined in the Agent's Letter as defined in the Senior Credit Agreement) in each case taken as one accounting period.