Ratio of Funded Debt to EBITDA definition

Ratio of Funded Debt to EBITDA. Total Capitalization" "Type" "Working Capital"
Sample 1Sample 2
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.
Sample 1Sample 2
Ratio of Funded Debt to EBITDA means as of the end of any fiscal quarter the ratio of Funded Debt as of such date to EBITDA for the four (4) fiscal quarters ending on such date.
Sample 1

Examples of Ratio of Funded Debt to EBITDA in a sentence

  • 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.

  • The Ratio of Funded Debt to EBITDA will be calculated and tested quarterly as of the last day of each fiscal quarter of Guarantor, 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.

  • LEVERAGE TEST Ratio of Funded Debt to EBITDA with EBITDA determined on a rolling four quarter basis.

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

  • Permit the Ratio of Funded Debt to EBITDA of Pulaski and its Subsidiaries to exceed 3.25 to 1 as of the end of the fiscal quarters ending on or about April 30, 1999, on or about July 31, 1999, and on or about October 31, 1999; or to exceed 3.0 to 1 as of the end of the fiscal quarter ending on or about January 31, 2000, or as of the end of any fiscal quarter thereafter.

  • US Borrower will maintain a Ratio of Funded Debt to EBITDA of not greater than (a) 3.50 to 1.00 from September 30, 2006 through September 30, 2007, (b) 3.25 to 1.00 from December 31, 2007 through September 30, 2008, and (c) 3.00 to 1.00 at all times thereafter.

  • Maintain BEI's Consolidated financial condition as follows using generally accepted accounting principles consistently applied and used consistently with prior practices (except to the extent modified by the definitions herein), with compliance determined commencing with Borrower's financial statements for the period ending ____________, 1998: (a) Ratio of Funded Debt to EBITDA not greater than 3.50 to 1.00, determined as of each fiscal quarter end on a trailing four quarter basis.

  • 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.

  • Letter of Credit remains outstanding: Ratio of Funded Debt to EBITDA Letter of Credit Fee Less than 1.00 to 1.00 1.25 % Equal to or greater than 1.00 to 1.00 but less than 1.50 to 1.00 1.50 % Equal to or greater than 1.50 to 1.00 but less than 2.00 to 1.00 1.75 % Equal to or greater than 2.00 to 1.00 but less than 2.50 to 1.00 2.00 % Equal to or greater than 2.50 to 1.00 but less than 3.00 to 1.00 2.25 % Equal to or greater than 3.00 to 1.00 2.75 At the time of issuance of each Cdn.


More Definitions of Ratio of Funded Debt to EBITDA

Ratio of Funded Debt to EBITDA means, as at any time, with respect to the Borrower, on an unconsolidated basis, the ratio of Funded Debt to EBITDA, calculated on a rolling four quarter basis;
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: Less than or equal to 1.5 : 1.0 0.20 % Greater than 1.5 : 1.0 0.25 % The Unused Commitment Fee shall be due and payable quarterly in arrears commencing on January 1, 2008 and continuing thereafter on the first day of each April, July, October and January thereafter, with a final payment due and payable on the Maturity Date in an amount equal to the Unused Commitment Fee as of such date.
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 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

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 that day minus the lesser of (i) Unrestricted Cash and (ii) $5,000,000 to (b) EBITDA for the Computation Period ending on that day.

  • Debt to EBITDA Ratio means, as of any date, the ratio of Consolidated Indebtedness (as of the date of determination) to EBITDA (for the Company’s then most recently completed four fiscal quarters).

  • 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, as of the last day of any Fiscal Quarter, the ratio of (i) Senior Debt as of such day to (ii) EBITDA for the Computation Period ending on such day.

  • 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. 126.44 (8) (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, as of the end of a quarter, the ratio of (A) Borrower’s consolidated obligations for borrowed money and obligations evidenced by bonds, debentures, notes, bills or other similar instruments to (B)

  • Net Total Leverage Ratio means on any date, the ratio of (A) (i) the sum of, without duplication, (x) the aggregate principal amount of any Consolidated Debt consisting of Loan Obligations outstanding as of the last day of the Test Period most recently ended as of such date (other than Excluded Transaction Debt) and (y) the aggregate principal amount of any other Consolidated Debt of the Borrower and its Subsidiaries as of the last day of such Test Period (other than Excluded Transaction Debt) 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) 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 the last day of any calendar quarter the ratio of the Total Funded Debt as of such day to Adjusted EBITDA for the four calendar quarters then ended.

  • Leverage Ratio means, on any date, the ratio of (a) Consolidated Total Indebtedness as of such date to (b) Consolidated EBITDA for the period of four consecutive fiscal quarters of the Company most recently ended on or prior to such date.

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

  • 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 four fiscal quarters.

  • 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, with respect to any Person as of any Applicable Calculation Date, the ratio of (x) Consolidated Total Indebtedness as of such date to (y) the aggregate amount of Consolidated EBITDA for the period of the most recent four consecutive fiscal quarters ending prior to the Applicable Calculation Date for which internal consolidated financial statements of the Issuer are available, in each case with such pro forma adjustments as are consistent with the pro forma adjustments set forth in the definition of “Fixed Charge Coverage Ratio.”

  • Quick Ratio means the ratio of:

  • 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, as of any date, the ratio of (a) Consolidated Total Funded Debt outstanding as of such date minus any Unrestricted Cash over $3,000,000 to (b) EBITDA for the period of four consecutive fiscal quarters ending on such date.

  • Interest Coverage Ratio means, as of the end of each fiscal quarter, the ratio of (a) Consolidated EBITDA to (b) Consolidated Interest Expense, in each case for the then-most recently concluded period of four consecutive fiscal quarters.

  • 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 of the Borrower and its Restricted Subsidiaries for such Test Period.