Consolidated Total Net Debt to Consolidated EBITDA Sample Clauses

Consolidated Total Net Debt to Consolidated EBITDA. Consolidated Total Net Debt as of the end of any fiscal quarter of the Company shall not exceed the applicable percentage set forth in the table below of Consolidated EBITDA for the period of four consecutive fiscal quarters then ending: Fiscal Quarter Ending Percentage Prior to June 30, 2001 400% June 30, 2001 425% September 30, 2001 445% through March 31, 2002 June 30, 2002 415% through September 30, 2002 December 31, 2002 400% through March 31, 2003 June 30, 2003 375% through December 31, 2003 March 31, 2004 350% and thereafter
Sample 1
AutoNDA by SimpleDocs
Consolidated Total Net Debt to Consolidated EBITDA. The Parent must ensure that the ratio of Consolidated Total Net Debt (as at the end of each Ratio Period) to Consolidated EBITDA, in respect of any Ratio Period, is not greater than 2.5:1.
Sample 1
Consolidated Total Net Debt to Consolidated EBITDA. Consolidated Total Net Debt shall not on any date exceed 375% of Consolidated EBITDA for the most recently completed period of four consecutive fiscal quarters for which financial reports have been furnished to the Lenders in accordance with Section 6.4.1 or 6.4.2.
Sample 1
Consolidated Total Net Debt to Consolidated EBITDA. Commencing with the fiscal quarter ending December 31, 2003 and at each fiscal quarter end thereafter, the Company covenants that it shall not permit Consolidated Total Net Debt to Consolidated EBITDA (calculated on a rolling four quarter basis) to exceed, as of the last day of each such quarterly fiscal period, 3.30X.
Sample 1
Consolidated Total Net Debt to Consolidated EBITDA. Consolidated Total Net Debt as of the end of any fiscal quarter of the Company shall not exceed the applicable percentage set forth in the table below of Consolidated EBITDA for the period of four consecutive fiscal quarters then ending: Fiscal Quarter Ending Percentage --------------------- ---------- December 31, 2001 650% March 31, 2002 785% June 30, 2002 840% September 30, 2002 830% December 31, 2002 810% March 31, 2003 710% June 30, 2003 635% September 30, 2003 375% through December 31, 2003 March 31, 2004 350%" and thereafter 2.5. Amendment of Section 6.5.3. Section 6.5.3 of the Credit Agreement is amended to read in its entirety as follows:
Sample 1

Related to Consolidated Total Net Debt to Consolidated EBITDA

  • Consolidated Total Net Leverage Ratio Permit the Consolidated Total Net Leverage Ratio on the last day of any fiscal quarter occurring during any period set forth below, to be greater than the ratio set forth below opposite such period: Period Maximum Consolidated Total Net Leverage Ratio Closing Date through and including September 30, 2014 7.25:1.00 December 31, 2014 through and including September 30, 2015 6.75:1.00 December 31, 2015 and thereafter 6.50:1.00

  • Consolidated Total Leverage Ratio Permit the Consolidated Total Leverage Ratio as of the last day of any fiscal quarter ending on or after September 30, 2008 to be greater than 3.5 to 1.0.

  • Consolidated Leverage Ratio Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 2.50 to 1.0.

  • Consolidated Net Leverage Ratio Permit the Consolidated Net Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 4.50:1.00.

  • Maximum Consolidated Total Leverage Ratio The Borrower will cause the Consolidated Total Leverage Ratio to be less than (a) 4.00 to 1.00 at all times during the period from the Effective Date to and including December 30, 2009, (b) 3.75 to 1.00 at all times during the period from December 31, 2009 to and including December 30, 2010 and (c) less than 3.50 to 1.00 at all times thereafter.

  • Minimum Consolidated EBITDA The Borrower will not permit Modified Consolidated EBITDA, for any Test Period ending at the end of any fiscal quarter of the Borrower set forth below, to be less than the amount set forth opposite such fiscal quarter: Fiscal Quarter Amount September 30, 1997 $36,000,000 December 31, 1997 $36,000,000 March 31, 1998 $36,000,000 June 30, 1998 $37,000,000 September 30, 1998 $37,000,000 December 31, 1998 $38,000,000 March 31, 1999 $38,000,000 June 30, 1999 $39,000,000 September 30, 1999 $40,000,000 December 31, 1999 $41,000,000 March 31, 2000 $41,000,000 June 30, 2000 $42,000,000 September 30, 2000 $43,000,000 December 31, 2000 $44,000,000 March 31, 2001 $44,000,000 June 30, 2001 $45,000,000 September 30, 2001 $46,000,000 December 31, 2001 $47,000,000 March 31, 2002 $47,000,000

  • Consolidated EBITDA With respect to any period, an amount equal to the EBITDA of REIT and its Subsidiaries for such period determined on a Consolidated basis.

  • Maximum Consolidated Leverage Ratio As of the last day of each Fiscal Quarter of the Borrower (commencing with the Fiscal Quarter ending March 31, 2018), the Borrower shall not permit the Consolidated Leverage Ratio to be greater than 0.60 to 1.00.

  • Minimum Consolidated Adjusted EBITDA The Borrowers will maintain, as of the last day of each Fiscal Quarter commencing with the Fiscal Quarter ending December 31, 2009, Consolidated Adjusted EBITDA for the four Fiscal Quarters then ended of not less than $22,500,000.

  • Consolidated Fixed Charge Coverage Ratio Permit the Consolidated Fixed Charge Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 1.25 to 1.0.

Time is Money Join Law Insider Premium to draft better contracts faster.