Funded Indebtedness to EBITDA Sample Clauses

Funded Indebtedness to EBITDA. Permit the Funded Indebtedness to EBITDA Ratio as of the end of any Fiscal Quarter ending on or after June 30, 2003 to be greater than 3.0 to 1.00.
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Funded Indebtedness to EBITDA. The ratio of (x) Funded Indebtedness minus the amount of funded Indebtedness of the Borrower to SDI outstanding in accordance with Section 6.03 (h) hereof, minus the amount on deposit in the Debt Service Reserve Account to (y) EBITDA for each Measurement Period ending in the calendar years 1999 or 2000 shall be not greater than 4.0 to 0 on the last day of each such Measurement Period and for each Measurement Period ending after the calendar year 2000, shall be not greater than 4.0 to 1 on the last day of each such Measurement Period.
Sample 1
Funded Indebtedness to EBITDA. Borrower shall cause to be maintained a ratio of (i) Funded Indebtedness as at the end of each fiscal quarter to (ii) EBITDA as of the end of each fiscal quarter calculated on a rolling four (4) quarter basis with respect to the four quarters then ended, of not greater than the ratios set forth below during the periods set forth below: Fiscal Quarter Ending Ratio 9/30/98 4.5 to 1 12/31/98 4.5 to 1 3/31/99 4.5 to 1 6/30/99 4.5 to 1 9/30/99 4.25 to 1 12/31/99 4.25 to 1 3/31/00 4.25 to 1 6/30/00 4.25 to 1 9/30/00 4.0 to 1 12/31/00 4.0 to 1 3/31/01 4.0 to 1 6/30/01 4.0 to 1 9/30/01 and as at the end of 3.75 to 1 each fiscal quarter thereafter
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Funded Indebtedness to EBITDA. Borrower shall not permit its Funded Indebtedness to EBITDA, on a consolidated basis, to be greater than the following at the end of any quarter during any of the following periods as measured on a rolling four quarter basis.
Sample 1
Funded Indebtedness to EBITDA. For all periods after January 31, 2004, Section 14.3 of the Original Loan Agreement is deleted and replaced with the following:
Sample 1
Funded Indebtedness to EBITDA. The Company shall maintain on a consolidated basis a ratio of Funded Indebtedness to Adjusted EBITDA not exceeding the ratios indicated for each period specified below: Period Ratios At Closing 2.99:1.0 The period ending June 30, 2016 and through September 30, 2016 3.5:1.0 The period ending December 31, 2016 and through September 30, 2017 3.25:1.0 The period ending September 30, 2017 and through June 30, 2018 3.00:1.0 The period ending September 30, 2018 2:50:1.0
Sample 1
Funded Indebtedness to EBITDA. Guarantor shall not permit its Funded Indebtedness to EBITDA, on a consolidated basis, to be greater than 2.00:1.0 at the end of any quarter as measured on a trailing twelve month basis.
Sample 1
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Funded Indebtedness to EBITDA. Maintain a ratio of Funded Indebtedness as of the end of each period set forth below, to EBITDA for the cumulative period ending on such date, equal to or greater than the ratio set forth below for the period corresponding thereto: Period Ratio
Sample 1
Funded Indebtedness to EBITDA. The ratio of Borrower's Funded Indebtedness to EBITDA shall not exceed 4.00 to 1.00 as of the last day of any calendar quarter, as calculated for the 12 month period then ended.
Sample 1

Related to Funded Indebtedness to EBITDA

  • Funded Debt to EBITDA Section 10.2 of the Loan Agreement is hereby amended and restated in its entirety to read as follows:

  • Funded Debt to EBITDA Ratio A. Funded Debt

  • Debt to EBITDA Ratio Maintain a Debt to EBITDA Ratio, as at the end of each fiscal quarter of the Borrower, of not more than 4.0:1.0.

  • Total Debt to EBITDA Ratio Not permit the Total Debt to EBITDA Ratio as of the last day of any Four Fiscal Quarter Computation Period, commencing with the Four Fiscal Quarter Computation Period ending September 30, 2010, to exceed 3.00 to 1.0.

  • Total Debt The Company will not at any time permit Consolidated Total Debt to exceed any of the following:

  • Minimum Consolidated EBITDA (a) The Borrower will not permit Consolidated EBITDA (i) for the Borrower's fiscal quarter ending closest to June 30, 1997 to be less than $2,500,000 and (ii) for any Test Period ending on the last day of a fiscal quarter of the Borrower set forth below to be less than the amount set forth opposite such fiscal quarter below: Fiscal Quarter Ending Closest To Amount ----------------- ------ September 30, 1997 $5,000,000 December 31, 1997 $5,000,000 March 31, 1998 $5,000,000 June 30, 1998 $5,000,000 September 30, 1998 $5,000,000 December 31, 1998 $5,000,000 March 31, 1999 $5,000,000 June 30, 1999 $5,000,000 -64- September 30, 1999 $ 5,000,000 December 31, 1999 $ 5,000,000 March 31, 2000 $ 5,000,000 June 30, 2000 $10,000,000 September 30, 2000 $15,000,000 December 31, 2000 $15,000,000 March 31, 2001 $15,000,000 June 30, 2001 $15,750,000 September 30, 2001 $16,500,000 December 31, 2001 $16,500,000 March 31, 2002 $16,500,000 June 30, 2002 $16,500,000

  • Consolidated Capital Expenditures (i) Company will not, and will not permit any of its Subsidiaries to, make or commit to make Consolidated Capital Expenditures in any Fiscal Year, beginning with the Fiscal Year ending December 31, 2003, except Consolidated Capital Expenditures which do not aggregate in excess of the corresponding amount set forth below opposite such Fiscal Year: Fiscal Year Consolidated Capital Expenditures Fiscal Year ending December 31, 2003 $ 5,000,000 Fiscal Year ending December 31, 2004 $ 5,000,000 Fiscal Year ending December 31, 2005 and each Fiscal Year thereafter $ 7,000,000 provided that (a) if the aggregate amount of Consolidated Capital Expenditures actually made in any such Fiscal Year shall be less than the limit with respect thereto set forth above (before giving effect to any increase therein pursuant to this proviso) (the “Base Amount”), then the amount of such shortfall (up to an amount equal to 50% of the Base Amount for such Fiscal Year, without giving effect to this proviso) may be added to the amount of such Consolidated Capital Expenditures permitted for the immediately succeeding Fiscal Year and any such amount carried forward to a succeeding Fiscal Year shall be deemed to be used prior to Company and its Subsidiaries using the amount of capital expenditures permitted by this section in such succeeding Fiscal Year, without giving effect to such carryforward and (b) for any Fiscal Year (or portion thereof) following any acquisition of a business (whether through the purchase of assets or of shares of capital stock) permitted under subsection 6.7, the Base Amount for such Fiscal Year (or portion) shall be increased, for each such acquisition, by an amount equal to the product of (A) the lesser of (x) $5,000,000 and (y) 4% of revenues of the business acquired in such acquisition for the period of four Fiscal Quarters most recently ended on or prior to the date of such business acquisition multiplied by (B) (x) in the case of any partial Fiscal Year, a fraction, the numerator of which is the number of days remaining in such Fiscal Year after the date of such business acquisition and the denominator of which is 365 (or 366 in a leap year), and (y) in the case of any full Fiscal Year, 1.

  • Consolidated Total Leverage Ratio Permit the Consolidated Total Leverage Ratio as of the end of any fiscal quarter of Holdings to be greater than 2.50 to 1.00.

  • Consolidated Senior Leverage Ratio The Company will not permit the Consolidated Senior Leverage Ratio on the last day of any fiscal quarter of the Company ending in a period set forth below to exceed the ratio set forth below applicable to such period: Period Maximum Ratio January 1, 2015 to and including June 30, 2016 5.0 to 1.0 July 1, 2016 to and including September 30, 2016 4.5 to 1.0 October 1, 2016 to and including December 31, 2016 4.0 to 1.0 January 1, 2017 and thereafter 3.0 to 1.0 ”

  • Interest Expense Coverage Ratio The Borrower will not permit the ratio of (i) Consolidated EBITDA to (ii) Consolidated Cash Interest Expense for any period of four consecutive fiscal quarters to be less than 3.75 to 1.00.

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