Total Cash Flow Leverage Ratio definition
Examples of Total Cash Flow Leverage Ratio in a sentence
The Borrower will not permit the Total Cash Flow Leverage Ratio, as of the last day of any fiscal quarter, to be more than 3.5 to 1.0.
The Borrower and the Subsidiaries will not permit the Total Cash Flow Leverage Ratio, as of the last day of any Fiscal Quarter for the four consecutive Fiscal Quarters ending on that date, to be greater than or equal to 3.0 to 1.0.
The Borrower will not permit the Total Cash Flow Leverage Ratio, as of the last day of any fiscal quarter for the four consecutive fiscal quarters ending on that date, to be more than 2.25 to 1.0.
The Borrower will not permit the Total Cash Flow Leverage Ratio, as of the last day of any fiscal quarter for the four consecutive fiscal quarters ending on that date, to be (i) as of June 30, 2014, September 30, 2014, December 31, 2014, March 31, 2015, June 30, 2015, September 30, 2015, and December 31, 2015, more than 3.50 to 1.0, (ii) as of March 31, 2016, June 30, 2016, September 30, 2016, and December 31, 2016, more than 3.25 to 1.0, and (iii) for all periods thereafter, more than 3.00 to 1.0.
In grades six through ▇▇, ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ to limit a daily student load of no more than 168 students, excluding band and choir, six periods a day, 28 students per class.
The Borrower will not permit the Borrower’s Total Cash Flow Leverage Ratio to be greater than 2.50 to 1.0.
Commencing with the Fiscal Year ending April 3, 2016, the Borrower and the Subsidiaries will not permit the Total Cash Flow Leverage Ratio, as of the last day of any Fiscal Quarter for the four consecutive Fiscal Quarters ending on that date, to be greater than or equal to 3.0 to 1.0.
The Total Cash Flow Leverage Ratio shall be tested as of the last day of each fiscal quarterly period, with Total Funded Indebtedness calculated as of each such date, and with EBITDAR calculated on an aggregate basis covering the prior twelve (12) consecutive months ending on each such date.
The Borrower will not permit the Consolidated Total Cash Flow Leverage Ratio at any time as of the end of the most recently ended period of four consecutive fiscal quarters to exceed 2.50 to 1.00.
The Borrower will not permit the Total Cash Flow Leverage Ratio, as of the last day of any fiscal quarter for the four consecutive fiscal quarters ending on that date, to be (i) as of September 30, 2015, December 31, 2015 and March 31, 2016, more than 3.75 to 1.0, (ii) as of June 30, 2016 and September 30, 2016, more than 3.50 to 1.0, (iii) as of December 31, 2016, more than 3.25 to 1.0, and (iv) for all periods thereafter, more than 3.00 to 1.0.