Net Debt to EBITDA Ratio definition

Net Debt to EBITDA Ratio means the ratio of Net Debt to EBITDA for the then most recently concluded fiscal year, subject to adjustments for Asset Dispositions and investments made during the period.

Net Debt to EBITDA Ratio means, on any date (the “transaction date”), the ratio of:

Net Debt to EBITDA Ratio means, as of the last day of any Fiscal Quarter, the ratio of

Examples of Net Debt to EBITDA Ratio in a sentence

• This idea was investigated in various studies, suggesting that some exporters and donors tend to favor countries perceived to be corrupt.

• The Borrower shall, at all times, maintain a Total Net Debt to EBITDA Ratio of not more than 3.50:1.00, on a rolling four-quarter basis.

• Borrowings under the Credit Facilities bear interest at short-term floating rates plus a fixed spread, which varies in accordance with the Company's Total Net Debt to EBITDA Ratio (as defined in the Credit Agreement).

• During the covenant relief period ending April 4, 2021, dividends are not permitted except during the fiscal quarters ending January 3, 2021 and April 4, 2021, if the Total Net Debt to EBITDA Ratio is less than 3.00 to 1.00.

• During the covenant relief period ending April 4, 2021, share repurchases are not permitted except during the fiscal quarters ending January 3, 2021 and April 4, 2021, if the Total Net Debt to EBITDA Ratio is less than 3.00 to 1.00.

More Definitions of Net Debt to EBITDA Ratio

Net Debt to EBITDA Ratio means, as of any date of determination, the ratio of (a) Net Debt as of such date to (b) EBITDA for the four Fiscal Quarters ending on such date of determination.

Net Debt to EBITDA Ratio for a particular period means the ratio of (i) a borrower’s Net Debt at the end of that period to (ii) such borrower’s EBITDA for that period.

Net Debt to EBITDA Ratio means, as of the last day of any Fiscal Semester of VCP, the ratio (expressed as a decimal) of: (a) its Net Debt as of such day to (b) EBITDA for the two most recent Fiscal Semesters ending on such date. For the purpose of clarification, the calculation of Net Debt to EBITDA Ratio (and all components thereof) shall be made using Brazilian GAAP.

Net Debt to EBITDA Ratio means at any date (i) Consolidated Net Indebtedness divided by (ii) Consolidated EBITDA for the period of four consecutive fiscal quarters ending on or most recently prior to such date for which financial statements are available; provided, however, that:

Net Debt to EBITDA Ratio means the Net Debt as at the last day of any Relevant Period divided by the EBITDA of the same Relevant Period;

Net Debt to EBITDA Ratio means, as of any date of determination, the ratio of Net Aggregate Debt to Consolidated EBITDA, as of the end of the most recently ended fiscal quarter

Net Debt to EBITDA Ratio means, on any date of determination, the ratio of (a) Net Debt as of such date to (b) EBITDA for the most recently completed four fiscal quarters then ended of the Parent as of such date.