Funded Debt to EBITDA Ratio. The Borrower shall not permit, as of the end of any fiscal quarter, the ratio of (a) the aggregate principal amount of Funded Debt of the Borrower and its Subsidiaries to (b) EBITDA for the four consecutive fiscal quarters then ending, to exceed 3.0:1.
Appears in 2 contracts
Samples: Administration Agreement (Adc Telecommunications Inc), Credit Agreement (Adc Telecommunications Inc)
Funded Debt to EBITDA Ratio. The Borrower shall not permitPermit, as of at the end of each fiscal quarter of the Borrower ending during any fiscal quarterperiod described in the table set forth below, the ratio of (a) the aggregate principal amount of Consolidated Funded Debt of the Borrower and its Subsidiaries Indebtedness as at date to (b) Consolidated EBITDA for the four consecutive period consisting of such fiscal quarters then endingquarter and the three preceding fiscal quarters, to exceed 3.0:1.be greater than the ratio set forth opposite such period in such table:
Appears in 2 contracts
Samples: Revolving Credit Agreement (Allied Holdings Inc), Credit Agreement (Allied Holdings Inc)
Funded Debt to EBITDA Ratio. The Borrower shall not permit, as of As at the end of any each fiscal quarterquarter of the Borrower, the Borrower will not permit the ratio of (a) the aggregate principal amount of Total Funded Debt of the Borrower and its Subsidiaries Indebtedness as at such date to (b) Consolidated EBITDA for the period of four consecutive fiscal quarters then ending, to exceed 3.0:1be greater than 3.00 to 1.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Staples Inc), Revolving Credit Agreement (Staples Inc)
Funded Debt to EBITDA Ratio. The Borrower shall not permit, as of As at the end of any each fiscal quarterquarter of the Borrower, the Borrower will not permit the ratio of (a) the aggregate principal amount of Total Funded Debt of the Borrower and its Subsidiaries Indebtedness as at such date to (b) Consolidated EBITDA for the period of four consecutive fiscal quarters then ending, to exceed be greater than 3.0:1.
Appears in 1 contract
Funded Debt to EBITDA Ratio. The Borrower shall will not permitpermit or suffer the ratio of (i) the Funded Debt of the Borrower as of the fiscal quarter end corresponding to the determination date to (ii) the EBITDA of the Borrower for the period of four consecutive quarters then ending to exceed 3.00 to 1.00, such ratio to be determined as of the end of any each fiscal quarter, commencing with the ratio of (a) the aggregate principal amount of Funded Debt of the Borrower and its Subsidiaries to (b) EBITDA for the four consecutive fiscal quarters then endingquarter ending on or about June 30, to exceed 3.0:12000.
Appears in 1 contract
Samples: Credit Agreement (Perceptron Inc/Mi)
