Common use of Limitation on Consolidated Debt Clause in Contracts

Limitation on Consolidated Debt. The Company will not permit at any time the ratio of (a) Consolidated Debt to (b) Adjusted Consolidated EBITDA for the most recently ended period of four consecutive fiscal quarters of the Company to be greater than 3.75 to 1.00.

Appears in 3 contracts

Samples: Credit and Term Loan Agreement (Waste Management Inc), Credit and Term Loan Agreement (Waste Management Inc), Credit and Term Loan Agreement (Waste Management Inc)

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Limitation on Consolidated Debt. The Company Obligors will not permit not, at any time time, permit the ratio of (a) Consolidated Debt to (b) Adjusted Consolidated EBITDA for the then most recently ended period of four consecutive fiscal quarters of the Company to be greater than 3.75 3.50 to 1.00.

Appears in 1 contract

Samples: Unitech Services (Unifirst Corp)

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