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.
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.
Total Funded Debt to EBITDA Ratio shall have the meaning attributed to such term in Section 6.15(a) of this Agreement.
Examples of Total Funded Debt to EBITDA Ratio in a sentence
Thereafter, the applicable Additional Base Rate Interest Margin, Additional Daily Simple RFR Interest Margin, Additional Eurocurrency Interest Margin, Revolving Facility Commitment Fee rate, Letter of Credit Fee rate and Additional Term SOFR 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.
More Definitions of Total Funded Debt to EBITDA Ratio
Total Funded Debt to EBITDA Ratio means, for any Testing Period, the ratio of (i) Consolidated Total Funded Debt to (ii) Consolidated EBITDA, in each case on a consolidated basis for the Borrowers and their Subsidiaries for such Testing Period.
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.
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.
Total Funded Debt to EBITDA Ratio means, at any time the same is to be determined, the ratio of (a) Total Funded Debt of Borrower and its Subsidiaries at such time to (b) EBITDA of Borrower and its Subsidiaries for the most recently completed period of four (4) consecutive fiscal quarters then ended.
Total Funded Debt to EBITDA Ratio means, as of any date of determination, the ratio of (i) Total Funded Debt as of such date to (ii) EBITDA measured for the four Fiscal Quarter period ending on such date, or if such date is not the last day of any Fiscal Quarter, then ending immediately prior to such date.
Total Funded Debt to EBITDA Ratio means, during the applicable period, that quotient equal to (A) Total Funded Debt divided by (B) EBITDA.
Total Funded Debt to EBITDA Ratio means, on any date of determination, the ratio, for Borrowers and their Subsidiaries on a consolidated basis, of (a) the aggregate amount of all outstanding interest-bearing Debt for borrowed money (including, without limitation, the Obligations), to (b) EBITDA as of the last day of each fiscal quarter for the rolling four fiscal quarter period ending on such day.