Ratio of Debt to EBITDAX Sample Clauses

Ratio of Debt to EBITDAX. The Borrower will not, as of the last day of any fiscal quarter, permit the ratio of Debt of the Borrower and its Consolidated Restricted Subsidiaries as of such day to EBITDAX for the most recent period of four fiscal quarters for which financial statements are available to be greater than 4.25 to 1.0.
Sample 1Sample 2Sample 3See All (8)
AutoNDA by SimpleDocs
Ratio of Debt to EBITDAX. The Borrower will not, at any time, permit its ratio of Debt as of such time to EBITDAX to be greater than 4.0 to 1.0.
Sample 1Sample 2Sample 3See All (6)
Ratio of Debt to EBITDAX. The Borrower will not permit the ratio of Debt to EBITDAX as of the end of any fiscal quarter of the Borrower (calculated on a rolling four quarter basis) to be greater than 2.50 to 1.00 for any fiscal quarter. As used in this Agreement, "rolling four quarter basis" shall mean, as to any fiscal quarter, such quarter and the three preceding fiscal quarters; provided, however, so long as the Aggregate Commitments exceed the Threshold Amount, the ratio of Debt to EBITDAX will be determined as of the end of each calendar month.
Sample 1Sample 2
Ratio of Debt to EBITDAX. The Borrower will not allow the Xxxxxxxx Consolidated Entities' ratio of Debt to EBITDAX to ever be more than 2.75 to 1.0 as of the end of any calendar quarter.
Sample 1
Ratio of Debt to EBITDAX. The Borrower will not permit the ratio of Debt to EBITDAX as of the end of any fiscal quarter of the Borrower (calculated on a rolling four quarter basis) to be greater than 2.50 to 1.00 for any fiscal quarter. As used in this Agreement, "rolling four quarter basis" shall mean, as to any fiscal quarter, such quarter and the three preceding fiscal quarters.
Sample 1
Ratio of Debt to EBITDAX. The Borrower will not, as of any date of determination, permit its consolidated ratio of Debt as of such day to EBITDAX for the most recent period of four fiscal quarters then ending for which financial statements are available to be greater than 4.25 to 1.0. For purposes of this Section 9.01(a), EBITDAX will be deemed to be equal to for the fiscal quarter ending (i) December 31, 2004, $81,454,000, (ii) March 31, 2005, $87,485,000, (iii) June 30, 2005, $97,531,000 and (iv) September 30, 2005, $102,000,000.
Sample 1

Related to Ratio of Debt to EBITDAX

  • Ratio of Total Debt to EBITDAX The Borrower will not, at any time, permit its ratio of Total Debt as of such time to EBITDAX for the four fiscal quarters ending on the last day of the fiscal quarter immediately preceding the date of determination for which financial statements are available to be greater than 3.5 to 1.0.

  • Debt to EBITDA Ratio Maintain, as of the end of each fiscal quarter, a ratio of (i) Debt, excluding Debt in respect of Hedge Agreements, as of such date to (ii) Consolidated EBITDA of the Company and its Consolidated Subsidiaries for the period of four fiscal quarters most recently ended, of not greater than 4.0 to 1.0.

  • Total Debt to EBITDA Ratio The Total Debt to EBITDA Ratio will not exceed 4.0 to 1.0 at the end of any fiscal quarter.

  • Funded Debt to EBITDA Ratio A. Funded Debt

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

  • Senior Debt to EBITDA Ratio Not permit the Senior Debt to EBITDA Ratio to be greater than 2.15 to 1.00 as of the end of the Company’s fiscal quarter ending on or about December 31, 2004 or the end of any fiscal quarter thereafter; such ratio to be determined in accordance with GAAP using the ratio of Senior Debt as of the end of such fiscal quarter to EBITDA for the period of four consecutive fiscal quarters of the Company then ending.

  • Debt to Equity Ratio The Lender shall have received from the Borrower a certificate demonstrating that the ratio of the Borrower's Adjusted Indebtedness to the Borrower's Net Assets, taking into account the requested Loan and the assets, if any, to be acquired by the Borrower with the proceeds of such Loan, shall not exceed 4-to-1.

  • Leverage Ratio The Borrower will not permit the Leverage Ratio to exceed 4.50 to 1.0 on the last day of any Fiscal Quarter.

  • Consolidated Leverage Ratio Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 2.50 to 1.0.

  • Total Leverage Ratio The Company will not permit the Leverage Ratio as of the last day of any fiscal quarter ending during any period set forth below to exceed the ratio set forth opposite such period: Period Ratio October 1, 2002 through and including December 31, 2002 6.85 to 1.00 January 1, 2003 through and including March 31, 2003 7.50 to 1.00 April 1, 2003 through and including September 30, 2003 7.75 to 1.00 October 1, 2003 through and including December 31, 2003 7.25 to 1.00 January 1, 2004 through and including December 31, 2004 6.50 to 1.00 January 1, 2005 and thereafter 4.00 to 1.00

Time is Money Join Law Insider Premium to draft better contracts faster.