Pricing Leverage Ratio means, as measured as of the end of each fiscal quarter of the Parent Guarantor, the ratio of (a) Consolidated Funded Debt at the last day of such fiscal quarter to (a) Consolidated EBITDA for the Measurement Period ending on the last day of such fiscal quarter.
Pricing Leverage Ratio. (i) prior to the Existing Arch Senior Note Termination Date, the Total Leverage Ratio, and (ii) at all other times, the API Leverage Ratio.
Pricing Leverage Ratio means as of any date of determination, a ratio the numerator of which is Average Total Debt of Sterling and its Consolidated Subsidiaries as of such date minus cash and cash equivalents of Sterling and its Consolidated Subsidiaries and the denominator of which is EBITDA for the Applicable Measuring Period as of such date, in each case as determined in accordance with GAAP.
Examples of Pricing Leverage Ratio in a sentence
The Applicable Base Rate Margin and the Applicable LIBOR Margin shall be determined based on the Pricing Leverage Ratio as reported in the most recent Compliance Certificate (delivered to Agent pursuant to Section 8) by reference to Table 1 below.
Notwithstanding anything herein to the contrary, the term "Subsidiaries" as used in the definitions of the terms "Consolidated Net Income", "Debt to Earnings Ratio", "EBIT", "EBITDA", "Interest Expense", "Leverage Ratio", "Pricing Leverage Ratio", "Shareholder's Equity", "Tangible Net Worth" and "Total Funded Debt" shall exclude Restricted Subsidiaries.
On the Computation Date, the Pricing Leverage Ratio was _____ to 1.00, as computed in the supporting documents attached hereto as Schedule 6.
More Definitions of Pricing Leverage Ratio
Pricing Leverage Ratio means, as of any time the same is to be determined, the ratio of Total Funded Debt to Total Capitalization of the Company and its Subsidiaries, all as determined on a consolidated basis in accordance with GAAP.
Pricing Leverage Ratio means, as measured quarterly on the last day of each fiscal quarter, the ratio of (a) an amount equal to (i) all Funded Debt of the Company and its Subsidiaries on a consolidated basis as of such day less (ii) the amount, if any, by which (A) the sum of the Company's and its Subsidiaries' cash balances and cash equivalents on a consolidated basis as of such date exceeds (B) $75,000,000 to (b) EBITDA for the period of four fiscal quarters ending on such day. The Pricing Leverage Ratio shall be computed without giving effect to any write-up or write-down of the Funded Debt, or corresponding adjustments to interest expense in connection with such write-up or write-down, required under GAAP by virtue of the Merger.
Pricing Leverage Ratio is defined in the Pricing Schedule.
Pricing Leverage Ratio means, as of any date of determination thereof, the ratio of total liabilities (excluding any outstanding letters of credit) of the Borrower and its Subsidiaries to Total Net Worth.
Pricing Leverage Ratio means, as measured as of the end of each fiscal quarter of Georgia-Pacific, the ratio of (a) Consolidated Funded Debt at the last day of such fiscal quarter to (b) Consolidated EBITDA for such Measurement Period ending on the last day of such fiscal quarter. Any change in the Pricing Leverage Ratio shall become effective upon receipt by the Purchasers of a certificate of a Responsible Officer of the Seller delivered in accordance with and as required by Section 5.01(j)(xii).
Pricing Leverage Ratio means, as of any date of determination at the end of any fiscal quarter, the ratio of (a) the sum of (i) Indebtedness of Under Armour and its Subsidiaries on a consolidated basis as of such date, less (ii) unrestricted cash of Under Armour and its Subsidiaries on a consolidated basis as of such date, to (b) EBITDA of Under Armour and its Subsidiaries on a consolidated basis for the period of four (4) fiscal quarters then ending. Pro Rata Percentage shall mean, as to each Lender at any time, a fraction (expressed as a percentage), the numerator of which is the amount of such Lender’s Commitments at such time and the denominator of which is the aggregate amount of all Commitments at such time (or in the event that the Commitments of the Lenders hereunder have terminated, the numerator of which is the principal amount of Revolving Loans then owed to such Lender hereunder and the denominator of which is the principal amount of all Revolving Loans then owed to all Lenders hereunder, as reflected by CIT’s System). Proceeds shall have the meaning given to such term in the UCC, including, without limitation, all Casualty Proceeds. Promissory Notes shall mean, collectively, the notes in the form of Exhibit B attached hereto delivered by the Companies (or any of them) to a Lender to evidence the Revolving Loans made by such Lender to the Companies (or any of them) pursuant to this Financing Agreement.
Pricing Leverage Ratio means, as of any time the same is to be determined, the ratio of Total Funded Debt to Total Capitalization of the Company and its Subsidiaries, all as determined on a consolidated basis in accordance with GAAP. "Property" means any interest in any kind of property or asset, whether real, personal or mixed, or tangible or intangible. "Put/Call Agreement" means any contract whereby the Company obligates itself to purchase the Canadian Debt from the Canadian Lender. "Reimbursement Obligation" is defined in Section 1.4(c) hereof. "Required Lenders" means, as of the date of determinations thereof,