Funded Debt Ratio definition

Funded Debt Ratio means, as of any date, the ratio of (a) Funded Debt as of such date to (b) EBITDA, as calculated for the four consecutive fiscal quarters of the Company most recently ended.

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Funded Debt Ratio means the ratio of Funded Debt of the relevant Borrower to EBITDA of such Borrower;

Funded Debt Ratio means, as of the end of a quarter, the ratio of (A) Borrower’s consolidated obligations for borrowed money and obligations evidenced by bonds, debentures, notes, bills or other similar instruments to (B)

Examples of Funded Debt Ratio in a sentence

Permit the Total Funded Debt Ratio, as of the last day of any Fiscal Quarter, to be greater than 0.65 to 1.00.
Each Borrower shall maintain a Funded Debt Ratio of not greater than 0.
Permit both (i) the Funded Debt Ratio of the Borrower as calculated for the Borrower and its Subsidiaries at the end of each fiscal quarter on a rolling four quarter basis to exceed 2.50 to 1.00, and (ii) the Funded Debt to Tangible Capital Ratio of the Borrower as calculated for the Borrower and its Subsidiaries to exceed forty percent (40%).
Borrowers shall not permit the Total Funded Debt Ratio, as of the end of any Fiscal Quarter, commencing with the Fiscal Quarter ending March 31, 2021, to be more than 3.00 to 1.00 for the period of four Fiscal Quarters ending on such date.
The Borrower will not permit the Consolidated Funded Debt Ratio, as at the end of any Reference Period on or ending during any period to exceed the ratio of 3.75:1.00.

More Definitions of Funded Debt Ratio

Funded Debt Ratio means the ratio of (a) Funded Debt to (b) EBITDA.

Funded Debt Ratio means, as at any date of determination, the ratio of (a) the aggregate principal amount of the Loans outstanding for Acquisub under the Facility plus the undefeased portion of any Indebtedness of MILPI to (b) the Consolidated Tangible Net Worth of MILPI.

Funded Debt Ratio means, at any time, the ratio of (a) Debt of the Borrower and its Subsidiaries outstanding on the last day of the most recently ended fiscal quarter of the Borrower, to (b) EBITDA of the Borrower and its Subsidiaries for the period of 12 months then ended.

Funded Debt Ratio means the ratio (calculated quarterly at the end of each fiscal quarter) of (i) the consolidated Funded Debt of the Borrower (excluding Funded Debt of Unrestricted Subsidiaries) for the four fiscal quarters ending on such date to (ii) the consolidated EBITDA of the Borrower (excluding EBITDA attributable to Unrestricted Subsidiaries) for such four fiscal quarters.

Funded Debt Ratio means, with respect to any fiscal quarter, the ratio of (a) the average daily outstanding Advances over such fiscal quarter under the Second Amended and Restated Credit and Security Agreement dated June 29, 2005 by and among PC Connection and its subsidiaries, inc. and Citizens Bank of Massachusetts and the other parties thereto to (b) the rolling four fiscal quarter Consolidated EBITDA (including such fiscal quarter) of Customers.

Funded Debt Ratio means, as measured separately for each Borrower as at any date of determination, the ratio of (a) the Consolidated Funded Debt of such Borrower to (b) the sum of (i) the aggregate net fair market value of the Equipment owned of record and beneficially by such Borrower or any Marine Subsidiary of such Borrower or owned of record by an Owner Trustee for the beneficial interest of such Borrower or any Marine Subsidiary of such Borrower plus (ii) the unrestricted cash available for the purchase of Eligible Inventory for such Borrower (provided, that for the purpose of computing the Funded Debt Ratio, in the event that any Borrower or a Marine Subsidiary of such Borrower shall own less than one hundred percent (100.0%) of the record or beneficial interests in any item of Equipment, with one or more of the other Equipment Growth Funds owning of record or beneficially the remaining interests, there shall be included any such Borrower's or such Marine Subsidiary's, as the case may be, ratable interest in such item of Equipment).

Funded Debt Ratio shall have the meaning set forth in Section 5.24 hereof.