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).
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.
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.
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.
More Definitions of Funded Debt to EBITDA Ratio
Funded Debt to EBITDA Ratio means, as to any Person, the relationship expressed as a numeric ratio, between:
Funded Debt to EBITDA Ratio means, as to the Company 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.
Funded Debt to EBITDA Ratio means, at any time, (a) Funded Debt divided by (b) EBITDA for the Calculation Period.
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.
Funded Debt to EBITDA Ratio means the ratio of Funded Debt to EBITDA.
Funded Debt to EBITDA Ratio means, at any particular time, the ratio of (i) all Funded Debt of the Borrower and its Restricted Subsidiaries on a consolidated basis to (ii) Consolidated EBITDA.
Funded Debt to EBITDA Ratio means, for any Computation Period, the ratio of (i) Funded Debt as of the last day of such Computation Period net of the lesser of (x) unrestricted cash and cash equivalents on hand of the Company and its Subsidiaries in excess of $50,000,000 and (y) $300,000,000 to (ii) EBITDA for such Computation Period.