Total Funded Debt to EBITDA Ratio definition

Total Funded Debt to EBITDA Ratio means, for any period, the ratio of (i) Total Funded Debt of the Companies at the end of such period to (ii) consolidated EBITDA of the Companies for such period.
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Total Funded Debt to EBITDA Ratio means, as of any date of determination, (A) the Total Funded Debt as of as of the last day of the most recently ended four (4) fiscal quarter period divided by (B) the VSE Entities’ EBITDA for the four (4) fiscal quarter period most recently ended. The Total Funded Debt to EBITDA Ratio shall be measured on the last day of each Fiscal Quarter throughout the term of the Loan.
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Total Funded Debt to EBITDA Ratio means, at any time, the ratio of (i) Total Funded Debt at such time to (ii) EBITDA in the immediately preceding twelve (12) month period.
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Examples of Total Funded Debt to EBITDA Ratio in a sentence

  • As of the last day of each fiscal quarter of Borrower, Borrower shall not permit the Total Funded Debt to EBITDA Ratio at such time to be greater than 2.5 to 1.0.

  • Thereafter, the applicable Additional Base Rate Interest Margin and the applicable Additional Libor Interest Margin shall be (i) based on the VSE Entities’ Total Funded Debt to EBITDA Ratio, calculated in accordance with Section 6.15 of this Agreement, and (ii) determined in accordance with Exhibit 7 attached hereto.

  • The Total Funded Debt to EBITDA Ratio shall be measured on the last day of each Fiscal Quarter throughout the term of the Loan.

  • As of September 30, 2001, (i) the Total Funded Debt to EBITDA Ratio was not less than 5.0:1.0 as required by Section 8.11(a) of the Credit Agreement and (ii) the Senior Funded Debt to EBITDA Ratio was not less than 3.3:1.0 as required by Section 8.11(b) of the Credit Agreement (the "September Defaults").

  • As of June 30, 2001, (i) the Total Funded Debt to EBITDA Ratio was not less than 5.5:1.0 as required by Section 8.11(a) of the Credit Agreement and (ii) the Senior Funded Debt to EBITDA Ratio was not less than 3.5:1.0 as required by Section 8.11(b) of the Credit Agreement (the "June Defaults").


More Definitions of Total Funded Debt to EBITDA Ratio

Total Funded Debt to EBITDA Ratio shall have the meaning attributed to such term in Section 6.15(a) of this Agreement.
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Total Funded Debt to EBITDA Ratio means, as of the last day of any Fiscal Quarter, the ratio of (a) Total Funded Debt as of such day to (b) EBITDA for the Computation Period ending on such day.
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Total Funded Debt to EBITDA Ratio means, as of any date, the ratio of (a) Funded Debt as of such date to (b) EBITDA for the 12-month period ended on such date, all determined for the Company and its Subsidiaries on a consolidated basis and in accordance with GAAP.
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Total Funded Debt to EBITDA Ratio means as of the date of determination the ratio of (a) Obligors' Total Funded Debt as of the date of determination to (b) Obligors' EBITDA for the four (4) fiscal quarter period then ended on the date of determination.
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Total Funded Debt to EBITDA Ratio means, at any date of determination, the ratio of Total Funded Debt divided by EBITDA for the four fiscal quarter period ending on such date or, if such date is not the last day of a fiscal quarter, for the immediately preceding four fiscal quarter period; provided that, for any such determination, EBITDA shall be adjusted (i) to include, for the relevant four fiscal quarter period, pro forma EBITDA in an amount reasonably acceptable to the Administrative Agent respecting any vessel or business acquisition for which debt is incurred and included in Total Funded Debt and (ii) to exclude, for the relevant four fiscal quarter period, pro forma EBITDA in an amount reasonably acceptable to the Administrative Agent respecting any vessel or business disposition.
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Total Funded Debt to EBITDA Ratio means as of the last day of a Fiscal Quarter, the ratio of (i) the outstanding principal amount of Funded Debt on such last day to (ii) EBITDA, for the period of four consecutive Fiscal Quarters ended on such day. For purposes of computing the Total Funded Debt to EBITDA Ratio, the WinsLoew Merger and the Acquisition by Winston of Pompeii and Pompeii-Mexico (which was completed on July 30, 1999), and the related capital contributions and borrowings shall be deemed to have occurred on the first day of the fourth Fiscal Quarter preceding the Effective Date, and, subject to the Administrative Agent's consent, any other subsequent Permitted Acquisition by any Borrower and the capital contributions and the borrowings in connection with consummation thereof shall be deemed to have occurred on the first day of the fourth Fiscal Quarter preceding the date of such Permitted Acquisition or such later date as the Administrative Agent and WinsLoew may agree.
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Total Funded Debt to EBITDA Ratio means, as of any date of determination, the ratio of (a) Total Funded Debt as of such date to (b) EBITDA for the period of twelve consecutive fiscal months ending on such date.
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