Total Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated Total Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.
Total Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Total Debt as of such date to (b) EBITDA of the Company and its Restricted Subsidiaries for the most recently ended Test Period on or prior to such date, in each case with such pro forma adjustments as are consistent with the pro forma adjustments set forth in the definition of “Interest Coverage Ratio.”
Total Leverage Ratio means the ratio as of the last day of any Fiscal Quarter of (i) Consolidated Total Debt as of such day to (ii) Consolidated Adjusted EBITDA for the four-Fiscal Quarter period ending on such date.
Examples of Total Leverage Ratio in a sentence
Permit the Total Leverage Ratio to exceed sixty percent (60%) as of the last day of any fiscal quarter; provided that for the two (2) consecutive quarters following any Material Acquisition (each such period, a “Leverage Bulge Period”), the Total Leverage Ratio may exceed sixty percent (60%) so long as it does not exceed sixty-five percent (65%), but only if such ratio was equal to or less than sixty percent (60%) for at least one (1) fiscal quarter following any immediately prior Leverage Bulge Period.
More Definitions of Total Leverage Ratio
Total Leverage Ratio means, at any date of determination, the ratio of Consolidated Indebtedness on such date to Consolidated EBITDA for the Test Period then most recently ended.
Total Leverage Ratio means, on any date, the ratio of Total Debt on such date to Consolidated EBITDA for the period of four consecutive fiscal quarters most recently ended on or prior to such date.
Total Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated Total Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.
Total Leverage Ratio means, as of any date of determination, the ratio of Total Indebtedness as of such date to Total Asset Value as of such date.
Total Leverage Ratio means, with respect to any period, the ratio of (i) Total Funded Debt to (ii) EBITDA, as of the end of the relevant period.
Total Leverage Ratio has the meaning assigned to such term in Section 6.11(a).
Total Leverage Ratio means, as of each date of determination, the ratio of (i) Indebtedness of the Borrower and its Subsidiaries on a consolidated basis as of such date of determination to (ii) Consolidated EBITDA for the 12-month period ended on such date of determination.