Ratio of Funded Debt to EBITDA definition

Ratio of Funded Debt to EBITDA means, for Parent and its Subsidiaries on a consolidated basis, at any particular date, (a) Total Funded Debtas of such date, divided by (b) EBITDA for the period ended as of such date.
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Ratio of Funded Debt to EBITDA. Total Capitalization" "Type" "Working Capital"
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Ratio of Funded Debt to EBITDA means, for Borrower and its Subsidiaries on a consolidated basis, at any particular date, (a) Total Funded Debt as of such date, divided by (b) EBITDA for the period ended as of such date.
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Examples of Ratio of Funded Debt to EBITDA in a sentence

  • Steep sloping lands are susceptible to surface erosion, gullying and slides.

  • The Ratio of Funded Debt to EBITDA will be calculated and tested quarterly as of the last day of each fiscal quarter of Parent, and for purposes of calculating the Ratio of Funded Debt to EBITDA, EBITDA shall be calculated for the period of four fiscal quarters ended as of the date of calculation.

  • Guarantor and its Subsidiaries will at all times maintain a Ratio of Funded Debt to EBITDA of not greater than 3.50 to 1.00.

  • The Borrowers have advised the Lender that they are not or have not been in compliance with Section 7.10(a) (Minimum Net Income), Section 7.10(c) (Cash Flow Coverage Ratio), and Section 7.10(d) (Ratio of Funded Debt to EBITDA) of the Agreement for its fiscal quarter ended December 31, 2000.

  • Parent and its Subsidiaries will at all times maintain a Ratio of Funded Debt to EBITDA of not greater than (a) 3.85 to 1.00 for the quarter ended September 30, 2002, and (b) 3.50 to 1.00 for the quarter ending December 31, 2002 and at all times thereafter.

  • Such amendment fee shall be payable (a) on March 6, 2003, for the fiscal quarter ending December 31, 2002, and (b) for each fiscal quarter thereafter (commencing with the quarter ending March 31, 2003) for which the Ratio of Funded Debt to EBITDA is greater than 3.50 to 1.00, on the date on which Borrowers deliver to Agent the No Default Certificate for such fiscal quarter, but in no event later than forty-five (45) days after the end of such fiscal quarter.

  • Guarantor and its Subsidiaries will maintain a Ratio of Funded Debt to EBITDA of not greater than (a) 4.25 to 1.00 for the quarter ended December 31, 2002, (b) 5.95 to 1.00 for the quarter ending March 31, 2003, (c) 6.30 to 1.00 for the quarter ending June 30, 2003 and (d) 3.50 to 1.00 for the quarter ending September 30, 2003 and at all times thereafter.

  • As of any such Fee Adjustment Date, the Applicable Fee Percentage for Facility Fees shall be the Applicable Fee Percentage therefor indicated in the definition of the term "Applicable Fee Percentage" corresponding to Shiloh's Consolidated Ratio of Funded Debt to EBITDA as of the Fee Determination Date applicable thereto.

  • Guarantor and its Subsidiaries will at all times maintain a Ratio of Funded Debt to EBITDA of not greater than (a) 3.95 to 1.00 as of March 31, 2002, and (b) 3.50 to 1.00 as of June 30, 2002 and at all times thereafter.

  • Borrower will at all times maintain a Ratio of Funded Debt to EBITDA of not greater than 2.00 to 1.00.


More Definitions of Ratio of Funded Debt to EBITDA

Ratio of Funded Debt to EBITDA shall have the meaning set forth in Section 4.9(c) below. Bank shall adjust the percentage of the unused commitment fee on a quarterly basis, commencing with Borrower's fiscal quarter ending June 30, 1998, if required to reflect a change in Borrower's Ratio of Funded Debt to EBITDA. Each such adjustment shall be effective on the first Business Day (as defined in Section 4.10 below) of Borrower's fiscal quarter following the quarter during which Bank receives and reviews Borrower's most current fiscal quarter-end financial statements in accordance with Section 4.3(b) below.
Sample 1
Ratio of Funded Debt to EBITDA means, for US Borrower and its Subsidiaries, on a consolidated basis, as of any date, (a) Funded Debt as of such date, divided by (b) EBITDA for the period ended as of such date; provided, however, that for purposes of calculating the Ratio of Funded Debt to EBITDA, historical EBITDA of any Acquired Person for applicable periods prior to the date of the Acquisition of such Acquired Person by US Borrower or such Subsidiary shall be included in the calculation of EBITDA for the applicable portions of the four (4) quarterly periods subsequent to the date of the Acquisition of such Acquired Person by US Borrower or such Subsidiary.
Sample 1
Ratio of Funded Debt to EBITDA. Applicable Loan Percentage: ------------------------ -------------------------- Equal to or greater than 3.00 to 1, or upon and during the continuance of any Event of Default 0.400% Less than 3.00 to 1 but equal to or greater than 2.50 to 1 0.350% Less than 2.50 to 1 but equal to or greater than 2.00 to 1 0.300% Less than 2.00 to 1 but equal to or greater than 1.50 to 1 0.250% Less than 1.50 to 1 0.200%.
Sample 1
Ratio of Funded Debt to EBITDA means, for Guarantor and its Subsidiaries on a consolidated basis, at any particular date, (a) Total Funded Debt as of such date, divided by (b) EBITDA for the period ended as of such date.
Sample 1
Ratio of Funded Debt to EBITDA. Unused Commitment Fee Interest Rate:
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Related to Ratio of Funded Debt to EBITDA

  • Funded Debt to EBITDA Ratio means on any date the ratio of (a) Total Indebtedness to (b) EBITDA for the period of four consecutive Fiscal Quarters 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 most recently ended prior to such date).

  • Total Debt to EBITDA Ratio means, as of the last day of any Fiscal Quarter, the ratio of (a) Total Debt as of such day to (b) EBITDA for the Computation Period ending on such day.

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

  • 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.

  • Senior Debt to EBITDA Ratio means, for any Four Quarter Period, the ratio of Senior Debt as at the last day of the applicable Four Quarter Period to EBITDA in respect of such Four Quarter Period.

  • Consolidated Total Debt to Consolidated EBITDA Ratio means, as of any date of determination, the ratio of (a) Consolidated Total Debt as of the last day of the relevant Test Period to (b) Consolidated EBITDA for such Test Period.

  • Debt to Equity Ratio means the ratio of the value of liabil- ities to equity, calculated according to s. 126.28 (6) (c) 2.

  • EBITDA Coverage Ratio defined as EBITDA divided by the aggregate of total interest expense plus the prior period current maturity of long-term debt and the prior period current maturity of subordinated debt.

  • Funded Debt Ratio means the ratio of (a) Funded Debt to (b) EBITDA.

  • Net Total Leverage Ratio means, on any date, the ratio of (A) (i) without duplication, the aggregate principal amount of any Consolidated Debt of the Borrower and its Subsidiaries outstanding as of the last day of the Test Period most recently ended as of such date less (ii) without duplication, the Unrestricted Cash and unrestricted Permitted Investments of the Borrower and its Subsidiaries as of the last day of such Test Period, to (B) Adjusted EBITDA for such Test Period, all determined on a consolidated basis in accordance with GAAP; provided, that the Net Total Leverage Ratio shall be determined for the relevant Test Period on a Pro Forma Basis.

  • Cash Flow Coverage Ratio means, for any period, the ratio of (i) Adjusted Parent Operating Cash Flow for such period to (ii) Corporate Charges for such period.

  • Cash Flow Leverage Ratio means, as of any time the same is to be determined, the ratio of (a) Funded Debt as of the last day of the most recent four fiscal quarters of the Company then ended minus Excess Cash as of the last day of the same such period to (b) EBITDA for the same most recent four fiscal quarters then ended.

  • 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.

  • Total Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated Total Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

  • Consolidated Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Funded Indebtedness as of such date to (b) Consolidated EBITDA for the most recently completed Measurement Period.

  • Debt to Cash Flow Ratio means, with respect to any Person as of any date of determination, the ratio of (a) the Consolidated Indebtedness of such Person as of such date, less cash and Cash Equivalents, to (b) the Consolidated Cash Flow of such Person for the four most recent full fiscal quarters ending immediately prior to such date for which internal financial statements are available. For purposes of making the computation referred to above:

  • Net Leverage Ratio means, at any time, the ratio of (a)(i) Consolidated Total Indebtedness at such time minus (ii) the Qualified Cash Amount to (b) Consolidated EBITDA for the most recently completed period of four fiscal quarters.

  • Total Net Leverage Ratio means, as of any date of determination, the ratio, on a Pro Forma Basis, of (a) Consolidated Total Indebtedness as of such date to (b) Consolidated EBITDA for the most recently completed Test Period.

  • Maximum Leverage Ratio shall have the meaning assigned thereto in the Pricing Side Letter.

  • Effective Leverage Ratio has the meaning set forth in the Statement.

  • Consolidated Total Leverage Ratio means, as of any date of determination, the ratio of (x) the sum of (a) Consolidated Total Indebtedness as of such date and (b) without duplication, the Reserved Indebtedness Amount as of such date to (y) LTM EBITDA.

  • Quick Ratio is a ratio of Quick Assets to Current Liabilities.

  • Senior Net Leverage Ratio means, as of any date of determination, the ratio of (a) Senior Indebtedness on such date to (b) Consolidated Adjusted EBITDA for the period of four consecutive fiscal quarters of the Borrower ended on or prior to such time (taken as one accounting period) in which financial statements for each quarter or fiscal year in such period have been or were required to be delivered pursuant to Section 5.01(a) or (b) without giving effect to any grace period applicable thereto.

  • Adjusted Leverage Ratio means, on any date of determination, the ratio of (i) Adjusted Liabilities to (ii) Tangible Net Worth.

  • Interest Coverage Ratio means, for any period, the ratio of (a) Consolidated EBITDA for such period to (b) Consolidated Interest Expense for such period.

  • Consolidated Total Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated Total Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.