Funded Debt to EBITDA Ratio definition

Funded Debt to EBITDA Ratio means on any date the ratio of (a) Total Indebtedness to (b) EBITDA for the period of four consecutive Fiscal Quarters ended on such date (or, if such date is not the last day of a Fiscal Quarter, ended on the last day of the Fiscal Quarter most recently ended prior to such date).
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Funded Debt to EBITDA Ratio means as of the applicable date, the ratio of (a) Funded Debt to (b) Consolidated EBITDA for the Consolidated Companies, on a consolidated basis.
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Funded Debt to EBITDA Ratio means as of any date of determination, a ratio the numerator of which is Funded Debt and the denominator of which is EBITDA, all as determined on a consolidated basis for Borrower and its consolidated Subsidiaries in accordance with GAAP.
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Examples of Funded Debt to EBITDA Ratio in a sentence

  • Not permit the Funded Debt to EBITDA Ratio as of the last day of any Computation Period to exceed 2.50:1.0.

  • The Funded Debt to EBITDA Ratio shall be calculated and tested quarterly as of the last day of each Fiscal Quarter for the Calculation Period ending on the last day of such Fiscal Quarter.

  • The Loan Parties shall achieve, at the end of each Fiscal Quarter which closes after the Effective Date, a Funded Debt to EBITDA Ratio of not more than 2.75 to 1.0 for the 12-month period then ended.

  • Thereafter, the applicable Additional Base Rate Interest Margin and the applicable Additional Libor Interest Margin shall be (i) based on the VSE Entities’ Total Funded Debt to EBITDA Ratio, calculated in accordance with Section 6.15 of this Agreement, and (ii) determined in accordance with Exhibit 7 attached hereto.

  • Not permit the Funded Debt to EBITDA Ratio as of the last day of any Computation Period to exceed 3.75 to 1.0.


More Definitions of Funded Debt to EBITDA Ratio

Funded Debt to EBITDA Ratio means, at any time, (a) Funded Debt divided by (b) EBITDA for the Calculation Period.
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Funded Debt to EBITDA Ratio means, on a consolidated basis, a ratio of Funded Debt to EBITDA. This ratio will be calculated at the end of each reporting period for which the Banks require financial statements from Borrower, using the results of the twelve-month period ending with that reporting period.
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Funded Debt to EBITDA Ratio means the ratio of (a) Funded Debt to (b) EBITDA.
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Funded Debt to EBITDA Ratio means, for any period, the ratio of (i) Funded Debt, to (ii) EBITDA.
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Funded Debt to EBITDA Ratio means at any Fiscal Quarter end the ratio on a consolidated basis for ▇▇▇▇▇▇▇ and its Subsidiaries of Funded Debt at such Fiscal Quarter end to EBITDA for the four Fiscal Quarters then ending.
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Funded Debt to EBITDA Ratio means, for any Computation Period, a ratio of:
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Funded Debt to EBITDA Ratio means, as to the Borrower and its Consolidated Subsidiaries for any period, the ratio of (i) Consolidated Funded Debt (as of the last day of such period) to (ii) Consolidated EBITDA for such period. The Funded Debt to EBITDA Ratio shall be measured for a period covering the four (4) fiscal quarters then ended.
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