Consolidated Total Debt to Consolidated EBITDA Ratio. The Company will not at any time permit the ratio of (a) Consolidated Total Indebtedness at such time to (b) Consolidated EBITDA for the most recently ended period of four consecutive fiscal quarters to be greater than 3.25 to 1.00.
Consolidated Total Debt to Consolidated EBITDA Ratio. The Borrower will not permit the Consolidated Total Debt to Consolidated EBITDA Ratio for any Test Period set forth below to be greater than the ratio set forth below opposite such period: Test Period Ending Ratio March 31, 2008 6.80 to 1.00 June 30, 2008 6.80 to 1.00 September 30, 2008 6.25 to 1.00 December 31, 2008 6.25 to 1.00 March 31, 2009 6.25 to 1.00 June 30, 2009 6.25 to 1.00 September 30, 2009 6.00 to 1.00 December 31, 2009 5.75 to 1.00 March 31, 2010 4.75 to 1.00 June 30, 2010 4.75 to 1.00 September 30, 2010 4.75 to 1.00 EXECUTION COPY Test Period Ending Ratio December 31, 2010 4.75 to 1.00 March 31, 2011 4.00 to 1.00 June 30, 2011 4.00 to 1.00 September 30, 2011 4.00 to 1.00 December 31, 2011 4.00 to 1.00 March 31, 2012 3.10 to 1.00 June 30, 2012 3.10 to 1.00 September 30, 2012 3.10 to 1.00 December 31, 2012 3.10 to 1.00 March 31, 2013 2.40 to 1.00 June 30, 2013 2.40 to 1.00 September 30, 2013 2.40 to 1.00 December 31, 2013 2.40 to 1.00
Consolidated Total Debt to Consolidated EBITDA Ratio. Commencing with the first full fiscal quarter of the Borrower ended after the Funding Date, the Borrower will not permit at the end of any quarterly financial reporting period the ratio of Consolidated Total Debt as of the last day of such quarterly financial reporting period to Consolidated EBITDA for the period of four consecutive fiscal quarters ending on the last day of such quarterly financial reporting period, taken as a single period, to exceed 3.00 to 1.00.
Consolidated Total Debt to Consolidated EBITDA Ratio. Holdings and the Borrower will not permit the Consolidated Total Debt to Consolidated EBITDA Ratio for any Test Period ending during any period set forth below to be greater than the ratio set forth below opposite such period: Period Ratio May 29, 2006 to August 27, 2006 5.00 to 1.00 August 28 2006 to November 26, 2006 5.00 to 1.00 November 27, 2006 to February 25, 2007 5.00 to 1.00 February 26, 2007 to May 27, 2007 4.75 to 1.00 May 28, 2007 to August 26, 2007 4.75 to 1.00 August 27, 2007 December 2, 2007 4.50 to 1.00 December 3, 2007 to March 2, 2008 4.50 to 1.00 March 3, 2008 to June 1, 2008 4.25 to 1.00 June 2, 2008 to August 31, 2008 4.25 to 1.00 September 1, 2008 to November 30, 2008 4.00 to 1.00 December 1, 2008 and thereafter 4.00 to 1.00
Consolidated Total Debt to Consolidated EBITDA Ratio. The Borrower will not permit the Consolidated Total Debt to Consolidated EBITDA Ratio for any Test Period to be greater than 6.75 to 1.00.
Consolidated Total Debt to Consolidated EBITDA Ratio. (i) Beginning with the Initial Financial Statement Delivery Date, the Borrower will not permit the Consolidated Total Debt to Consolidated EBITDA Ratio as of the last day of any Test Period to be greater than 5.0 to 1.0. The provisions of this Section 10.9 are for the benefit of the Revolving Credit Lenders only and the Required Revolving Class Lenders may amend, waive or otherwise modify this Section 10.9 or the defined terms used solely for purposes of this Section 10.9 or waive any Default resulting from a breach of this Section 10.9 without the consent of any Lenders other than the Required Revolving Class Lenders in accordance with the provisions of Section 13.1(x).
Consolidated Total Debt to Consolidated EBITDA Ratio. The Borrower will not permit the Consolidated Total Debt to Consolidated EBITDA Ratio for any Test Period ending during any period set forth below to be greater than the ratio set forth below opposite such period: Period Ratio April 1, 2005 to December 31, 2009 7.00 to 1.00 January 1, 2010 to December 31, 2010 6.50 to 1.00 January 1, 2011 to December 31, 2011 6.00 to 1.00
Consolidated Total Debt to Consolidated EBITDA Ratio. Holdings and the Borrower will not permit the Consolidated Total Debt to Consolidated EBITDA Ratio for any Test Period ending during any period set forth below to be greater than the ratio set forth below opposite such period: Period Ratio May 31, 2004 to August 29, 2004 7.50 to 1.00 August 30 2004 to November 28, 2004 7.50 to 1.00 November 29, 2004 to February 27, 2005 7.50 to 1.00 February 28, 2005 to May 29, 2005 7.25 to 1.00 May 30, 2005 to August 28, 2005 7.25 to 1.00 August 29 2005 to November 27, 2005 7.00 to 1.00 November 28, 2005 to February 26, 2006 6.75 to 1.00 February 27, 2006 to May 28, 2006 6.75 to 1.00 May 29, 2006 to August 27, 2006 6.50 to 1.00 August 28 2006 to November 26, 2006 6.25 to 1.00 November 27, 2006 to February 25, 2007 6.00 to 1.00 February 26, 2007 to May 27, 2007 5.75 to 1.00 May 28, 2007 to August 26, 2007 5.75 to 1.00 August 27, 2007 December 2, 2007 5.50 to 1.00 December 3, 2007 to March 2, 2008 5.50 to 1.00 March 3, 2008 to June 1, 2008 5.25 to 1.00 June 2, 2008 to August 31, 2008 5.25 to 1.00 September 1, 2008 to November 30, 2008 5.00 to 1.00 December 1, 2008 to March 1, 2009 5.00 to 1.00 March 2, 2009 to May 31, 2009 4.75 to 1.00 June 1, 2009 to August 30, 2009 4.75 to 1.00 August 31, 2009 to November 29, 2009 4.50 to 1.00 November 30, 2009 to February 28, 2010 4.50 to 1.00 March 1, 2010 to May 30, 2010 4.25 to 1.00 June 1, 2010 to August 29, 2010 4.25 to 1.00 August 30, 2010 to November 28, 2010 4.00 to 1.00 November 29, 2010 and thereafter 4.00 to 1.00
Consolidated Total Debt to Consolidated EBITDA Ratio. Beginning with the Test Period ending September 30, 2012, the Borrower will not permit the ratio of Consolidated Total Debt to Consolidated EBITDA for any Test Period to be greater than (i) until the Test Period ending March 31, 2013, 5.0 to 1.0 and (ii) after the Test Period ending March 31, 2013, 4.5 to 1.0; provided that (i) for the period ending September 30, 2012, Consolidated EBITDA shall be EBITDA for the three month period then ending multiplied by 4, (ii) for the period ending December 31, 2012, Consolidated EBITDA shall be EBITDA for the six month period then ending multiplied by 2, and (iii) for the period ending March 31, 2013, Consolidated EBITDA shall be EBITDA for the nine month period then ending multiplied by 4/3.
Consolidated Total Debt to Consolidated EBITDA Ratio. The Borrower will not permit the Consolidated Total Debt to Consolidated EBITDA Ratio for any Test Period ending on each date set forth below to be greater than the ratio set forth below opposite such date: Test Period Ending Ratio September 30, 2012 5.75 to 1.00 December 31, 2012 5.75 to 1.00 March 31, 2013 5.75 to 1.00 June 30, 2013 5.75 to 1.00 September 30, 2013 5.75 to 1.00 December 31, 2013 5.75 to 1.00 March 31, 2016 4.50 to 1.00 June 30, 2016 4.50 to 1.00 September 30, 2016 4.50 to 1.00 Maturity Date 4.50 to 1.00
