Examples of Net Senior Debt in a sentence
The ratio of the UK Group Net Senior Debt on each of the Quarter Dates specified in column one below to the Annualised EBITDA of the UK Group for the Relevant Period ended on that date shall be no greater than the ratio set out in column two below corresponding to that date.
The Total Net Senior Debt is defined as the aggregate amount of the debt less cash and subordinated debt.
Company shall not permit the Net Senior Debt Ratio as of the last day of any Fiscal Quarter, beginning with the Fiscal Quarter ending December 31, 1999, to exceed 3.50:1.00.
The ratio of the Target Group Net Senior Debt on each of the Quarter Dates specified in column one below to the Annualised EBITDA of the Target Group for the Relevant Period ended on that date shall be no greater than the ratio set out in column two below corresponding to that date.
In accordance with this amendment, the interest margin above LIBOR rate will henceforth vary according to the ratio of Total Net Senior Debt to EBITDA.