Total Funded Debt to EBITDA Ratio. The Borrowers shall not permit the Total Funded Debt to EBITDA Ratio at any time to be greater than the following amounts for the respective periods set forth below: Period Total Funded Debt to EBITDA Ratio Restatement Effective Date to and including June 30, 2007 4.75:1.00 July 1, 2007 and thereafter 4.50:1.00
Total Funded Debt to EBITDA Ratio. The Borrower shall not permit the ratio of its Total Funded Debt to its EBITDA, measured at the end of each fiscal quarter, calculated on a rolling four quarter basis, to be greater than 2.00 to 1.00 through maturity of the Loans.
Total Funded Debt to EBITDA Ratio. The VSE Entities will maintain as of the last day of each Fiscal Quarter occurring during the periods set forth below, on a consolidated basis, a Total Funded Debt to EBITDA Ratio of not more than the applicable ratio set forth in the table below: Testing Period Ending Maximum Total Funded Debt to EBITDA Ratio December 31, 2023 through and including June 30, 2024 4.75 to 1.00 September 30, 2024 4.50 to 1.00 December 31, 2024 through and including March 31, 2025 4.25 to 1.00 June 30, 2025 through and including June 30, 2025 4.00 to 1.00 September 30, 2025 and thereafter 3.75 to 1.00
Total Funded Debt to EBITDA Ratio. Not permit, as of the last day of any Fiscal Quarter, the ratio of Total Funded Debt to EBITDA for the Computation Period ended on the last day of such Fiscal Quarter, to exceed the applicable ratio set forth below: Computation Period Ending Ratio of Total Funded Debt to EBITDA Last day of each Fiscal Quarter 2.25 to 1.00
Total Funded Debt to EBITDA Ratio. The Loan Parties shall not permit the Core Leverage Ratio as of the end of each fiscal quarter (i) ending on March 31, 2022, to exceed 4.50 to 1.00, (ii) ending on June 30, 2022, to exceed 4.25 to 1.00, (iii) ending on September 30, 2022, December 31, 2022, March 31, 2023, or June 30, 2023 to exceed 4.00 to 1.00, and (iv) for any quarter ending thereafter, to exceed 3.50 to 1.00. 3.
Total Funded Debt to EBITDA Ratio. The Credit Parties shall not permit the ratio of (a) Total Funded Debt of the Core Ameresco Companies at any time to (b) EBITDA of the Core Ameresco Companies for the period of four consecutive fiscal quarters most recently ended prior to such time, to exceed 2.00 to 1.00.
Total Funded Debt to EBITDA Ratio. Section 7.03 of the Loan Agreement is hereby deleted in its entirety and the following is substituted therefor:
Total Funded Debt to EBITDA Ratio. The Borrower will maintain at all times during the following periods a Total Funded Debt to EBITDA ratio of not greater than the following: Period Maximum Total Debt to Ebitda Ratio Closing Date – 06/30/02 4.0 to 1.0 07/01/02 – thereafter 3.0 to 1.0
Total Funded Debt to EBITDA Ratio. The Total Funded Debt to EBITDA Ratio, on the last day of any fiscal quarter commencing on June 30, 2005, shall not exceed 3.75:1.00.
Total Funded Debt to EBITDA Ratio. 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.
