Funded Debt to EBITDA Ratio. Permit the Funded Debt to EBITDA Ratio to be greater than 2.50:1.00 as of the last day of any fiscal quarter, commencing with the fiscal quarter ending March 31, 2015.
Appears in 2 contracts
Samples: Credit Agreement (Orion Energy Systems, Inc.), Credit Agreement (Orion Energy Systems, Inc.)
Funded Debt to EBITDA Ratio. Permit the Funded Debt to EBITDA Ratio to be greater than 2.50:1.00 as of the last day of any fiscal quarter, commencing with the fiscal quarter ending March December 31, 20152013.
Appears in 2 contracts
Samples: Credit Agreement (Orion Energy Systems, Inc.), Credit Agreement (Orion Energy Systems, Inc.)
Funded Debt to EBITDA Ratio. Permit the ratio of Funded Debt to EBITDA Ratio to be greater than exceed 2.50:1.00 as of the last day of any fiscal quarter, commencing with the fiscal quarter ending March 31, 2015.
Appears in 2 contracts
Samples: Credit Agreement (Orion Energy Systems, Inc.), Credit Agreement (Orion Energy Systems, Inc.)
Funded Debt to EBITDA Ratio. Permit the Funded Debt to EBITDA Ratio to be greater than 2.50:1.00 as of the last day of any fiscal quarter, commencing with the fiscal quarter ending March 31, 2015Fiscal Quarter to be greater than 3.00:1:00.
Appears in 2 contracts
Samples: Credit Agreement (Swisher Hygiene Inc.), Credit Agreement (Swisher Hygiene Inc.)
Funded Debt to EBITDA Ratio. Permit the ratio of Funded Debt to EBITDA Ratio to be greater than 2.50:1.00 of the Borrower and its Subsidiaries as of the last day of any fiscal quarter, commencing with the each fiscal quarter to EBITDA for the twelve-consecutive-month period ending March 31, 2015on such day (the "Funded Debt to EBITDA Ratio") to be greater than 3.75 to 1.00.
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (Carson Pirie Scott & Co /Il/), Credit and Guaranty Agreement (Carson Pirie Scott & Co /Il/)
Funded Debt to EBITDA Ratio. Permit the ratio of Funded Debt to EBITDA Ratio to be greater than 2.50:1.00 of the Borrower and its Subsidiaries as of the last day of any each fiscal quarter, commencing with month to EBITDA for the fiscal quarter twelve-consecutive-month period ending March 31, 2015on such day (the "Funded Debt to EBITDA Ratio") to be greater than 4.5 to 1.0.
Appears in 1 contract
Funded Debt to EBITDA Ratio. Permit the Funded Debt to EBITDA Ratio of the Borrower for any period of four consecutive fiscal quarters ending on the last day of or during the period indicated below to be greater than 2.50:1.00 as of the last day of any fiscal quarter, commencing with the fiscal quarter ending March 31, 2015.ratio set forth opposite such period:
Appears in 1 contract
Samples: Credit Agreement (Eckerd Corp)
Funded Debt to EBITDA Ratio. Permit Maintain, for the twelve-month period ending on the last day of each fiscal quarter of Borrower commencing on December 31, 2013, a ratio of Funded Debt to EBITDA Ratio of Borrower and its Subsidiaries on a consolidated basis not exceeding 2.0 to be greater than 2.50:1.00 as of the last day of any fiscal quarter, commencing with the fiscal quarter ending March 31, 20151.0.
Appears in 1 contract
Samples: Pledge and Security Agreement (Geospace Technologies Corp)
Funded Debt to EBITDA Ratio. Permit Maintain, for the twelve-month period ending on the last day of each fiscal quarter of Borrower commencing on March 31, 2011, a ratio of Funded Debt to EBITDA Ratio of Borrower and its Subsidiaries on a consolidated basis not exceeding 2.0 to be greater than 2.50:1.00 as of the last day of any fiscal quarter, commencing with the fiscal quarter ending March 31, 20151.0.
Appears in 1 contract
Funded Debt to EBITDA Ratio. Permit the To maintain on a consolidated basis a ratio of Funded Debt to EBITDA Ratio to be greater than 2.50:1.00 not exceeding 3.00:1.0, measured as of the last day of any fiscal each calendar quarter, commencing with the fiscal quarter ending March 31, 2015.
Appears in 1 contract
Samples: Loan Agreement (R F Industries LTD)
