Total Leverage means, at any time, the ratio of (i) Total Debt of the Company to (ii) Pro Forma Annualized EBITDA.
Total Leverage means the ratio of Consolidated Total Debt on a specified date to Consolidated EBITDA in respect of any Relevant Period ending on such date.
Total Leverage means the ratio of Total Net Interest Bearing Debt to EBITDA.
Examples of Total Leverage in a sentence
The Total Leverage Ratio of the Company and its Subsidiaries for the period of 4 consecutive Fiscal Quarters of the Company and its Subsidiaries for which the last Fiscal Quarter ends on [ ] is [__]:1.00, which [is/is not] less than [_]:1.00.
More Definitions of Total Leverage
Total Leverage means, with respect to any Company and its Subsidiaries for any period, the ratio of (a) all Indebtedness as of the end of such period, less the amount of Eligible Cash as of the end of such period to (b) LTM EBITDA for such period, in each case, determined on a pro forma basis for incurrence or refinancing of any applicable Unsecured Debt.
Total Leverage at any date, the aggregate principal amount of all Funded Debt of the Borrower and its Restricted Subsidiaries at such date, minus cash, Cash Equivalents and Foreign Cash Equivalents held by the Borrower and its Restricted Subsidiaries on such date, in each case determined on a consolidated basis in accordance with GAAP.
Total Leverage means, at any date, the sum of the (a) the aggregate amount of the Borrower’s Funded Debt outstanding on such date plus (b) the notional value of all total return swaps and other leveraged derivatives to which the Borrower is a party on such date, in each case calculated in accordance with generally accepted accounting principles.
Total Leverage total third party debt less cash and cash equivalents of Lion/Rally Lux 3 S.à x.x. and its subsidiaries, adjusted to reflect a normalised level of net working capital minus any principal amounts and accrued but unpaid interest outstanding under the Notes, divided by Operating Group EBITDA for the most recently completed period of 12 months, pro forma as if the Proposed Acquisition (as defined in Clause 11.1) had occurred on the first day of the 12 month period;
Total Leverage total third party debt less cash and cash equivalents of the Company and its subsidiaries, adjusted to reflect a normalised level of net working capital minus any principal amounts and accrued but unpaid interest outstanding under the Notes, divided by Operating Group EBITDA for the most recently completed period of 12 months, pro forma as if the Acquisition had occurred on the first day of the 12 month period;
Total Leverage has the meaning given to it in Clause 27.1 (Financial definitions).
Total Leverage has the meaning given to that term in paragraph 2.1 (Financial definitions) of Schedule 6 (Covenants).