Common use of Debt to EBITDA Ratio Clause in Contracts

Debt to EBITDA Ratio. Maintain, as at the end of each fiscal quarter, a ratio of Consolidated Debt to EBITDA for the four fiscal quarters then ended of not greater than 3.50 to 1.00.

Appears in 2 contracts

Samples: Five Year Credit Agreement (Snap on Inc), Assignment and Assumption (SNAP-ON Inc)

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Debt to EBITDA Ratio. Maintain, as at the end of each fiscal quarter, a ratio of Consolidated Net Debt to EBITDA for the four fiscal quarters then ended of not greater than 3.50 to 1.00.

Appears in 1 contract

Samples: Assignment and Assumption (SNAP-ON Inc)

Debt to EBITDA Ratio. Maintain, as at of the end of each fiscal quarter, a ratio of Consolidated Debt as of such date to Consolidated EBITDA for the period of four fiscal quarters then ended of the Borrower and its Subsidiaries of not greater than 3.50 3.5 to 1.001.0.

Appears in 1 contract

Samples: Credit Agreement (Celgene Corp /De/)

Debt to EBITDA Ratio. MaintainAt the end of each Fiscal Quarter, the ratio of Consolidated Net Debt as at the end of each fiscal quarter, a ratio of such Fiscal Quarter to Consolidated Debt to EBITDA for the period of four fiscal quarters consecutive Fiscal Quarters then ended of shall not greater than exceed 3.50 to 1.00.

Appears in 1 contract

Samples: Note Purchase and Private Shelf Agreement (Franklin Electric Co Inc)

Debt to EBITDA Ratio. MaintainAt the end of each Fiscal Quarter, the ratio of Consolidated Total Debt as at the end of each fiscal quarter, a ratio of such Fiscal Quarter to Consolidated Debt to EBITDA for the period of four fiscal quarters consecutive Fiscal Quarters then ended of shall not greater than exceed 3.50 to 1.00.

Appears in 1 contract

Samples: Private Shelf Agreement (Franklin Electric Co Inc)

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Debt to EBITDA Ratio. MaintainAt the end of each Fiscal Quarter, the ratio of Consolidated Net Debt as at the end of each fiscal quarter, a ratio of such Fiscal Quarter to Consolidated Debt to EBITDA for the period of four fiscal quarters consecutive Fiscal Quarters then ended of shall not greater than exceed 3.50 to 1.00.”

Appears in 1 contract

Samples: Franklin Electric Co Inc

Debt to EBITDA Ratio. MaintainAt the end of each Fiscal Quarter, , the ratio of Consolidated Total Debt as at the end of each fiscal quarter, a ratio of such Fiscal Quarter to Consolidated Debt to EBITDA for the period of four fiscal quarters consecutive Fiscal Quarters then ended of shall not greater than exceed 3.50 to 1.00.

Appears in 1 contract

Samples: Subsidiary Guaranty Agreement (Franklin Electric Co Inc)

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