Senior Leverage Ratio means the ratio of (a) Consolidated Senior Debt as of such date to (b) Consolidated EBITDA for the Test Period as of such date.
Senior Leverage Ratio means, on any date, the ratio of (a) Total Senior Debt as of such date to (b) Consolidated EBITDA for the period of four consecutive fiscal quarters ended on such date, all determined on a consolidated basis in accordance with GAAP.
Senior Leverage Ratio means with respect to the Company and its Subsidiaries on a Consolidated basis for the most recently ended four full fiscal quarters twelve month period for which financial statements are available, the ratio of (a) Senior Debt of the Company and its Subsidiaries on a Consolidated basis on the last day of such period to (b) EBITDA for such period.
Examples of Senior Leverage Ratio in a sentence
Any draft legislation or similar governmental instrument reaches a final reading (or equivalent step) which, if enacted or otherwise brought into force, would or would reasonably be expected to have a Material Adverse Effect or result in the Senior Interest Cover Ratio or the Senior Leverage Ratio being less than the Default Ratios.
A Regulatory Authority gives Caruna Oy or Caruna Espoo (as applicable) notice of any proposed or actual modification to either of the Licences which has, or would reasonably be expected to have, a Material Adverse Effect or result in the Senior Interest Cover Ratio or the Senior Leverage Ratio being less than the Default Ratios.
More Definitions of Senior Leverage Ratio
Senior Leverage Ratio means, at any date, the ratio of:
Senior Leverage Ratio means, as of any date of determination, the ratio of (a) the amount of the Borrowers' Revolver Usage plus the aggregate principal amount of any secured Indebtedness incurred pursuant to clauses (r), (s) and (u) of Permitted Indebtedness, as of such date, to (b) the Parent's TTM EBITDA for the period ended as of such date.
Senior Leverage Ratio means the ratio as of the last day of any Fiscal Quarter of (i) Senior Secured Debt as of such day to (ii) Annualized Consolidated EBITDA, in each case as set forth in the most recent Compliance Certificate delivered by Borrower to Administrative Agent pursuant to Section 5.1(d).
Senior Leverage Ratio means, as of any date, the ratio of (a) the Senior Debt on such date to (b) Annualized Operating Cash Flow as of the end of the fiscal quarter being tested or the most recently completed fiscal quarter for which financial statements are required to have been delivered to the Banks pursuant to Section 6.1 or 6.2 hereof, as applicable.
Senior Leverage Ratio means, with respect to any Person and its Subsidiaries for any period, the ratio of (a) the amount of Consolidated Funded Indebtedness of such Person and its Subsidiaries as of the end of such period (excluding any Subordinated Indebtedness of such Person and its Subsidiaries then outstanding) minus Qualified Cash of such Person and its Subsidiaries in excess of $2,000,000 as of the end of such period to (b) Consolidated EBITDA of such Person and its Subsidiaries for such period.
Senior Leverage Ratio has the meaning assigned to such term in Section 6.11(c).
Senior Leverage Ratio means, as at any date of determination, the ratio of Total Senior Indebtedness at such time to Consolidated EBITDA for the Test Period most recently ended prior to such date of determination.