Common use of Consolidated Total Indebtedness to Consolidated EBITDA Clause in Contracts

Consolidated Total Indebtedness to Consolidated EBITDA. Permit for any period of four consecutive fiscal quarters ending at any time on or after the Restatement Effective Date the ratio (the “Total Leverage Ratio”) of (i) (A) Consolidated Total Indebtedness as of the end of such period minus (B) Cash on Hand of the Company and its Consolidated Subsidiaries to (ii) Consolidated EBITDA for such period to exceed 4.25 to 1.0.

Appears in 3 contracts

Samples: Credit Agreement (Be Aerospace Inc), Credit Agreement (Be Aerospace Inc), Credit Agreement (Be Aerospace Inc)

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Consolidated Total Indebtedness to Consolidated EBITDA. Permit for any period of four consecutive fiscal quarters ending at any time on or after the Restatement Effective Date the ratio (the “Total Leverage Ratio”) of (i) (A) Consolidated Total Indebtedness to Consolidated EBITDA (measured on a rolling four quarter basis for the four fiscal quarters then ended), determined as of the end last day of such period minus (B) Cash on Hand any fiscal quarter of the Company and its Consolidated Subsidiaries Borrower, commencing with the fiscal quarter of the Borrower ending June 30, 2001, to (ii) Consolidated EBITDA for such period be less than 3:00 to exceed 4.25 to 1.01.

Appears in 2 contracts

Samples: Credit Agreement (Harris Corp /De/), Credit Agreement (Harris Corp /De/)

Consolidated Total Indebtedness to Consolidated EBITDA. Permit for any period of four consecutive fiscal quarters ending at any time on or after the Restatement Effective Date the ratio (the “Total Leverage Ratio”) of (i) (A) Consolidated Total Indebtedness to Consolidated EBITDA (measured on a rolling four quarter basis for the four fiscal quarters then ended), determined as of the end last day of such period minus (B) Cash on Hand any fiscal quarter of the Company and its Consolidated Subsidiaries Borrower, commencing with the fiscal quarter of the Borrower ending June 30, 2001, to (ii) Consolidated EBITDA for such period be greater than 3:00 to exceed 4.25 to 1.01.

Appears in 2 contracts

Samples: Credit Agreement (Harris Corp /De/), Credit Agreement (Harris Corp /De/)

Consolidated Total Indebtedness to Consolidated EBITDA. Permit for any period of four consecutive fiscal quarters commencing with the first fiscal quarter ending at any time on or after the Restatement Effective Date Closing Date, the ratio (the “Total Leverage Ratio”) of (i) (A) Consolidated Total Indebtedness as of the end of such period minus (B) Cash on Hand of the Company and its Consolidated Subsidiaries to (ii) Consolidated EBITDA for such period to exceed 4.25 be more than (i) for any such period ending on or prior to March 31, 2006, 5.5 to 1.0 and (ii) for any such period ending thereafter, 5.0 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (Citadel Broadcasting Corp)

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Consolidated Total Indebtedness to Consolidated EBITDA. Permit for any period of four consecutive fiscal quarters ending at during any time on or after the Restatement Effective Date period listed below the ratio (the “Total Leverage Ratio”) of (i) (A) Consolidated Total Indebtedness as of the end of such period minus (B) Cash on Hand of the Company and its Consolidated Subsidiaries to (ii) Consolidated EBITDA for such period to exceed be more than the ratio set forth opposite such period below: Fiscal Quarter Ended During Period Ratio Closing Date through December 31, 2009 4.25 to 1.0.1.00 March 31, 2010 and thereafter 4.00 to 1.00

Appears in 1 contract

Samples: Security Agreement (Be Aerospace Inc)

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