Consolidated Debt to EBITDA Ratio. The Borrower will not permit the ratio of Debt to Consolidated EBITDA, determined on a pro forma basis for any period of four consecutive fiscal quarters taken as a single accounting period, to be greater than 3.50 to 1.0.
Consolidated Debt to EBITDA Ratio. Permit the Consolidated Debt to EBITDA Ratio as of the end of any fiscal quarter of the Company to be greater than (i) 3.50:1.00, for any fiscal quarter ending during the period from the Closing Date to and including October 26, 2019 and (ii) 3.00:1.00, for any fiscal quarter ending thereafter.
Consolidated Debt to EBITDA Ratio. Maintain as of the end of each fiscal quarter of the Borrowers a Consolidated Debt to EBITDA Ratio of not more than the ratio set forth below: --------------------------------------------------------------------- Date of Determination: Maximum Ratio --------------------------------------------------------------------- September 30, 1999 5.00 to 1.0 --------------------------------------------------------------------- December 31, 1999 5.00 to 1.0 --------------------------------------------------------------------- March 31, 2000 4.75 to 1.0 --------------------------------------------------------------------- June 30, 2000 4.75 to 1.0 --------------------------------------------------------------------- September 30, 2000 4.25 to 1.0 --------------------------------------------------------------------- December 31, 2000 4.25 to 1.0 --------------------------------------------------------------------- March 31, 2001 4.25 to 1.0 --------------------------------------------------------------------- June 30, 2001 4.25 to 1.0 --------------------------------------------------------------------- September 30, 2001 3.75 to 1.0 --------------------------------------------------------------------- December 31, 2001 3.75 to 1.0 --------------------------------------------------------------------- March 31, 2002 3.75 to 1.0 --------------------------------------------------------------------- June 30, 2002 3.75 to 1.0 --------------------------------------------------------------------- September 30, 2002 3.25 to 1.0 --------------------------------------------------------------------- December 31, 2002 3.25 to 1.0 --------------------------------------------------------------------- March 31, 2003 3.25 to 1.0 --------------------------------------------------------------------- June 30, 2003 3.25 to 1.0 --------------------------------------------------------------------- September 30, 2003 through (and including) September 2.75 to 1.0 30, 2005 --------------------------------------------------------------------- PROVIDED, HOWEVER, that for purposes of calculating EBITDA for the most recently completed four fiscal quarters of the Borrowers ending on each of the following dates, there shall be added to such EBITDA the amounts set forth next to such dates (representing in each case estimated cost savings resulting from the AIG Acquisition and the Xxxxxx Xxxxx Acquisition): -------------------------------------------------------------------- Date Amount --------------...
Consolidated Debt to EBITDA Ratio. Beginning with the fiscal month ending May 2, 2009, permit its Consolidated Debt to EBITDA Ratio as of the end of any fiscal month of the Borrower to exceed 2.50:1.
Consolidated Debt to EBITDA Ratio. Maintain as of the end of each fiscal quarter of the Borrower a ratio of Consolidated Debt to EBITDA for the most recently completed four fiscal quarters of the Borrower of not more than the ratio set forth below: Four Fiscal Quarters ending on: Ratio October 31, 2005 and each fiscal quarter thereafter through and including April 30, 2006 2.50 to 1.0 July 31, 2006 and each fiscal quarter thereafter through and including July 31, 2007 2.75 to 1.0 October 31, 2007 and each fiscal quarter thereafter through and including July 31, 2008 2.50 to 1.0 October 31, 2008 and each fiscal quarter thereafter 2.25 to 1.0
Consolidated Debt to EBITDA Ratio. Maintain on a rolling four fiscal quarters basis a D/EBITDA ratio of maximum 4:1.
Consolidated Debt to EBITDA Ratio. Not permit its Consolidated Debt to EBITDA Ratio to exceed 2.50:1.
Consolidated Debt to EBITDA Ratio. Permit the Consolidated Debt to EBITDA Ratio to be greater than (i) 3.50:1.00 as of the end of the fiscal quarter of the Company ending January 27, 2024, (ii) 4.50:1.00 as of the end of the fiscal quarter of the Company ending April 27, 2024, (iii) 4.00:1.00 as of the end of the fiscal quarters ending July 27, 2024 and October 26, 2024 and (iv) 3.25:1.00 as of the end of any fiscal quarter of the Company ending thereafter; provided, that, after the First Amendment Period, upon the occurrence of a Qualified Acquisition, for each of the four fiscal quarters of the Company immediately following such Qualified Acquisition (including the fiscal quarter of the Company in which such Qualified Acquisition was consummated (such period of increase, a “Adjustment Period”), the ratio set forth above shall be increased to 3.75:1.00; provided, further, that (i) for at least two (2) fiscal quarters of the Company immediately following each Adjustment Period, the Consolidated Debt to EBITDA ratio shall not be greater than 3.25:1.00 prior to giving effect to another Adjustment Period pursuant to the immediately preceding proviso, and (ii) there shall be no more than two (2) Adjustment Periods during the term of this Agreement.
Consolidated Debt to EBITDA Ratio. Permit the Consolidated Debt to EBITDA Ratio on September 30, 2001 for the period from June 1, 2001 through September 30, 2001 to be greater than 6.7 to 1.
Consolidated Debt to EBITDA Ratio of the Credit Agreement is amended by deleting the maximum Ratio of Consolidated Debt to EBITDA covenant levels for the periods ending on January 31, 2005 and all periods thereafter and replacing them with the following: Four Fiscal Quarters ending on: Ratio January 31, 2005 2.25 April 30, 2005 2.25 July 31, 2005 and each fiscal quarter thereafter 2.25
