Term Loan Debt Leverage Ratio. Borrower shall not permit the ratio of Term Loan Debt to EBITDA to be more than the following for each period set forth below: Time Frame Date Tested Coverage Based on: Quarterly 3/31/06 2.70 to 1 Trailing 12 Months Quarterly 6/30/06 and each fiscal quarter thereafter 2.50 to 1 Trailing 12 Months
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Samples: Loan and Security Agreement (Crdentia Corp), Loan and Security Agreement (Crdentia Corp)
Term Loan Debt Leverage Ratio. Borrower shall not note permit the ratio of Term Loan Debt to EBITDA to be more than the following for each period set forth below: (See Schedule D for calculation) Time Frame Date Tested Coverage Based on: Quarterly 3/31/06 2.70 to 1 Trailing 12 Months Quarterly 6/30/06 and each fiscal quarter thereafter 2.50 to 1 Trailing 12 MonthsMonths Actual Term Loan Debt Leverage Ratio: Compliance: Yes: No:
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Term Loan Debt Leverage Ratio. Borrower shall not note permit the ratio of Term Loan Debt to EBITDA to be more than the following for each period set forth below: (See Schedule D for calculation) Time Frame Date Tested Coverage Based on: Quarterly 3/31/06 2.70 to 1 Trailing 12 Months Quarterly 6/30/06 and each fiscal quarter thereafter 2.50 to 1 Trailing 12 MonthsMonths Actual Term Loan Debt Leverage Ratio: Compliance: Yes: o No: o
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