Consolidated Indebtedness Ratio. The Guarantor will not permit the ratio of Consolidated Indebtedness to EBITDA to exceed (i) 4.25 to 1.00 as at the end of the fiscal quarter of the Guarantor ending December 28, 2002 and (ii) 3.5 to 1:00 as at the end of any other fiscal quarter of the Guarantor."
Consolidated Indebtedness Ratio. The Borrower will not permit the Consolidated Indebtedness Ratio, measured at the end of each fiscal quarter for the period of the four fiscal quarters most recently ended, to be greater than 3.0 to 1.0.
Consolidated Indebtedness Ratio. The Company will not at any time permit the ratio of Consolidated Total Indebtedness to Consolidated Total Capitalization to exceed .55 to 1.00; provided that in connection with any calculation of Indebtedness for purposes of determining compliance with this Section 10.3, there shall be excluded all Indebtedness of the Company and its Subsidiaries outstanding under any revolving credit agreement between the Company and a committed bank or banks if, during the 365-day period immediately preceding the date of any such calculation of Indebtedness, there shall have been a period of at least 60 consecutive days on each day of which Indebtedness of the Company and its Subsidiaries outstanding under such revolving credit agreement is equal to zero by virtue, and solely by virtue, of such Indebtedness having been paid from general corporate funds of the Company and not from funds borrowed by the Company or any Subsidiary pursuant to any other revolving credit agreement for the purpose of paying such Indebtedness. If there shall not have been such 60 consecutive day period on each day of which such Indebtedness was equal to zero, then and in such event there shall be included in such calculation of Indebtedness for purposes of this Section 10.3 an amount equal to the average aggregate amount of all Indebtedness outstanding under such revolving credit agreement during such preceding 365-day period.
Consolidated Indebtedness Ratio. The Company will not permit (a) for the period of three consecutive Fiscal Quarters ending September 30, 1997, the Consolidated Indebtedness Ratio to be greater than 2.75 : 1.00, and (b) for any period of four consecutive Fiscal Quarters ending during any Test Period set forth below after September 30, 1997, the Consolidated Indebtedness Ratio to be greater than the ratio set forth opposite such Test Period: 63 57 Test Period Ratio ----------- ----- October 1, 1997 through December 31, 1997 2.75 : 1 January 1, 1998 through March 30, 1999 2.50 : 1 March 31, 1999 to Termination Date 2.25 : 1
