Senior Debt to EBITDA. As of the end of each of its fiscal quarters, the Company and its Subsidiaries shall maintain a ratio of consolidated Senior Debt to consolidated trailing twelve (12) month EBITDA of not greater than
Appears in 3 contracts
Samples: Note and Warrant Purchase Agreement (Argyle Security, Inc.), Loan and Security Agreement (Argyle Security, Inc.), Note and Warrant Purchase Agreement (Argyle Security, Inc.)
Senior Debt to EBITDA. As of the end of each of its fiscal quarters, the Company Borrower and its Subsidiaries shall maintain a ratio of consolidated Senior Debt to consolidated trailing twelve (12) month EBITDA of not greater than
Appears in 2 contracts
Samples: Loan and Security Agreement (Argyle Security, Inc.), Pledge Agreement (Argyle Security, Inc.)
Senior Debt to EBITDA. As of the end of each of its fiscal quarters, the Company Borrower and its Subsidiaries shall maintain a ratio of consolidated Senior Debt to consolidated trailing twelve (12) month EBITDA of not greater thanthan 2.00 to 1.00.
Appears in 1 contract
Samples: Loan and Security Agreement (Argyle Security, Inc.)
Senior Debt to EBITDA. As of the end of each of its fiscal quartersquarters set forth below, the Company Borrower and its Subsidiaries shall maintain a ratio of (a) consolidated Senior Debt Debt; to (b) consolidated trailing EBITDA for the twelve (12) month EBITDA period ending on the last day of such fiscal quarter, of not greater thanthan the following: Senior Debt
Appears in 1 contract
