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, the ratio of (i) Consolidated Total Debt as of such date to (ii) Consolidated EBITDA for the four consecutive Fiscal Quarters ending on or immediately prior to such date.
Leverage Ratio means, on any date, the ratio of Total Debt on such date to Consolidated EBITDA for the period of four consecutive fiscal quarters most recently ended on or prior to such date.

Examples of Leverage Ratio in a sentence

  • The Effective Leverage Ratio as calculated by the Purchaser in such instances shall be binding on the Fund.

  • If required, based on such calculations, the Fund shall restore the Effective Leverage Ratio as provided in the Statement.

  • For purposes of calculating the Effective Leverage Ratio, any Overconcentration Amount has been subtracted from the sum determined pursuant to sub-section (ii) of the definition of Effective Leverage Ratio, set out in Section 2.4(d) of the Statement.

  • The Total Cash Compensation Limit and TV One-Sub-Limit shall not apply and shall not be operative for any fiscal year in which the Company’s Leverage Ratio (as defined in the indenture governing the Company’s First Lien Notes (the “First Lien Notes Indenture”)) as of December 31 of such fiscal year is less than 4.75:1.00.

  • In connection with calculating the Effective Leverage Ratio, the Fund’s Total Assets and accrued liabilities reflect the positive or negative net obligations of the Fund under each Derivative Contract determined in accordance with the Fund’s valuation policies in effect as of the Effective Date.


More Definitions of Leverage Ratio

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, as of the last day of any Fiscal Quarter, the ratio of
Leverage Ratio means, on any date, the ratio of (a)(i) Consolidated Indebtedness plus (ii) the aggregate outstanding attributed principal amount under any Receivables Financing Program incurred in accordance with this Agreement, as of such date to (b) Consolidated EBITDA for the period of four consecutive fiscal quarters of the Consolidated Entities ended on or most recently ended as of such date.
Leverage Ratio means the ratio of:
Leverage Ratio means the ratio of Net Interest Bearing Debt to EBITDA.