Leverage Ratio definition

Leverage Ratio means the ratio as of the last day of any Fiscal Quarter of (i) Consolidated Total Debt as of such day to (ii) Consolidated Adjusted EBITDA for the four-Fiscal Quarter period ending on such date.

Leverage Ratio means, as of any date of determination, the ratio of (a) the amount equal to Consolidated Funded Debt for the most recently completed four consecutive Fiscal Quarters ending on or prior to such date, to (b) Consolidated EBITDA for the most recently completed four consecutive Fiscal Quarters ending on or prior to such date, in each case for the Company and its Subsidiaries as of such date.

Leverage Ratio means, on any date, the ratio of (a) Total Indebtedness as of such date to (b) Consolidated EBITDA for the period of four consecutive fiscal quarters of Holdings 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 of Holdings most recently ended prior to such date for which financial statements are available).

Examples of Leverage Ratio in a sentence

• The Borrower shall not permit the Total Leverage Ratio to be greater than 3.00 to 1.00 as of the end of any Fiscal Quarter, commencing with the Fiscal Quarter ending on or after December 31, 2022.

• Attached hereto is a calculation of the Consolidated Leverage Ratio on a Pro Forma Basis after giving effect to the Proposed Borrowing.

• The Total Net Leverage Ratio for the most recently ended Test Period shall not exceed 5.00 to 1.00.

• With respect to the Revolving Facility only, except with the written consent of the Required Revolving Lenders, the Borrower will not permit the Total Net Leverage Ratio as of the last day of any Test Period to exceed 3.75 to 1.00.

• The Consolidated Leverage Ratio, determined on a Pro Forma Basis after giving effect to the proposed Credit Extension and the application of the proceeds thereof, shall not exceed the Leverage Ratio Target.

More Definitions of Leverage Ratio

Leverage Ratio means, at any time, the ratio of (a) Consolidated Total Indebtedness at such time to (b) Consolidated EBITDA for the most recently ended period of four consecutive fiscal quarters.

Leverage Ratio has the meaning assigned to such term in Section 6.12(a).

Leverage Ratio means, at any date of determination, the ratio of (a) Indebtedness for Borrowed Money at such date to (b) Consolidated EBITDA for the period of four consecutive fiscal quarters for which financial statements have most recently been delivered under Section 6.09(a) or (b).

Leverage Ratio means, with respect to the Borrower on a consolidated basis with its Subsidiaries, at the end of any Fiscal Quarter, the ratio of (a) Total Debt at the end of such Fiscal Quarter to (b) Adjusted EBITDA for the four Fiscal Quarters then ending.

Leverage Ratio means, at any date, the ratio of Consolidated Debt at such date to Consolidated EBITDA for the period of four consecutive fiscal quarters most recently ended on or prior to such date.

Leverage Ratio means, as of the date of determination thereof, the ratio of Total Funded Debt of the Borrower and its Restricted Subsidiaries as of such date to Consolidated EBITDA for the period of four (4) fiscal quarters then ended.

Leverage Ratio means, as of the last day of any Fiscal Quarter, the ratio of