Consolidated Net Leverage Ratio means, for any Relevant Period, the ratio of the Net Consolidated Financial Position of Operations of the Group for such period to the Consolidated Adjusted EBITDA of the Group for such period;
Examples of Consolidated Net Leverage Ratio in a sentence
Notwithstanding the above, if following one or a series of acquisitions of any Person by the Issuer or any of its Subsidiaries, the Consolidated Net Leverage Ratio for the two subsequent Relevant Periods immediately following such acquisition(s) is greater than 2.5 to 1.0 but less than 4.0 to 1.0, there shall be no breach of this Condition 4(a).