Consolidated Total Debt to EBITDA Ratio the Consolidated Total Debt to EBITDA Ratio as at the end of any Fiscal Quarter shall not exceed 3.5:1, provided that if the Borrower, the Trust or a Designated Subsidiary completes a Material Acquisition (and provided that the Borrower would have continued to comply with this Section 8.3(b) if such Material Acquisition had not been made and provides a calculation evidencing such compliance in its Compliance Certificate relating to such Fiscal Quarter), then during the period from the completion of such Material Acquisition to the end of the second complete Fiscal Quarter after completion of such Material Acquisition, the Borrower may permit the Consolidated Total Debt to EBITDA Ratio to increase to a level not exceeding 4.0:1;
Consolidated Total Debt to EBITDA Ratio. (a) The Company will not, on the dates specified below, permit (a) the ratio of Consolidated Total Debt on such date to (b) Consolidated EBITDA for the period of four consecutive fiscal quarters of the Company then most recently ended, to be greater than the applicable amount set forth below: Date Ratio 12/31/03 5.00:1.00 3/31/04 4.15:1.00 6/30/04 3.65:1.00 9/30/04 3.45:1.00 12/31/04 3.45:1.00 3/31/05 3.20:1.00 6/30/05 3.05:1.00 9/30/05 2.90:1.00 12/31/05 2.85:1.00 3/31/06 2.85:1.00 6/30/06 and on the last day of each fiscal quarter thereafter 2.80:1.00
Consolidated Total Debt to EBITDA Ratio. The Company will not, at any time during any fiscal quarter of the Company, permit the ratio of (i) Consolidated Total Debt at such time to (ii) Consolidated EBITDA for the period of four consecutive fiscal quarters of the Company then or most recently ended (“Consolidated Total Leverage Ratio”), to be greater than 3.50:1.00.”
Consolidated Total Debt to EBITDA Ratio. The Company will not, at any time, permit the ratio of (i) Consolidated Total Debt at such time to (ii) Consolidated EBITDA for the period of four consecutive fiscal quarters of the Company then most recently ended, to be greater than 4.00:1.00. Northwest Pipe Company October 14, 2008
Consolidated Total Debt to EBITDA Ratio. A. Consolidated Total Outstanding Indebtedness (including any such Indebtedness that would otherwise be deemed to be equity solely because of the effect of FASB 14-1, which such Indebtedness is in the amount of $____________ as of the Statement Date): $
Consolidated Total Debt to EBITDA Ratio. The Borrower and its Subsidiaries, on a Consolidated basis, shall maintain a ratio of Consolidated Total Debt, as at the date of determination, to EBITDA, for the twelve (12) month period most recently ended, of no more than the ratio specified for the period specified. For purposes of this Section 6.3: the first fiscal quarter of any fiscal year shall be designated as "Q1"; the second fiscal quarter of any fiscal year shall be designated as "Q2"; the third fiscal quarter of any fiscal year shall be designated as "Q3"; and the fourth fiscal quarter of any fiscal year shall be designated as "Q4". Ratio Period ----- ------ 3.00:1.00 Closing through end of Q4 2003
Consolidated Total Debt to EBITDA Ratio. The Borrower will not permit the Consolidated Total Leverage Ratio to exceed 4.0 to 1.0 as at the end of any fiscal quarter of the Borrower.
Consolidated Total Debt to EBITDA Ratio. A. Consolidated Total Outstanding Indebtedness: $
Consolidated Total Debt to EBITDA Ratio. Section 6.2 of the Credit Agreement is hereby deleted in its entirety.
Consolidated Total Debt to EBITDA Ratio. The Borrower will have, as of the end of each fiscal quarter of the Borrower, commencing with the fiscal quarter ending September 30, 2004, a Consolidated Total Debt to EBITDA Ratio of equal to or less than 3.5:1.0, calculated on a rolling four quarter basis.
