Total Debt Coverage Ratio. (a) The ratio of (x) Consolidated Free Cash Flow of LTC to (y) Total Debt Service of LTC for each period commencing on August 1, 1997 and ending on each of October 31, 1997, January 31, 1998 and April 30, 1998 shall not be less than 1.1 to 1.0.
Total Debt Coverage Ratio. At the end of each fiscal quarter, the Borrower shall maintain for the then-completed Computation Period a ratio of (i) Total Debt to (ii) EBITDA, of not more than 3.00 to 1.00; provided, however, the ratio for the quarter ending March 31,2011 shall not be tested, the ratio for the fiscal quarters ending June 30, 2011 and September 30, 2011, shall be not more than 4.00 to 1.00 and the ratio for the fiscal quarter ending on December 31, 2011, and thereafter, shall not be more than 3.00 to 1.00.
Total Debt Coverage Ratio. 62 SECTION 7.03
Total Debt Coverage Ratio. The Company shall not permit the Total Debt Coverage Ratio at any time during a period specified below to be greater than (i) 4.50 to 1.00 for the period beginning on the Closing Date through and including December 31, 2001; (ii) 4.25 to 1.00 for the period beginning January 1, 2002 through and including June 30, 2002; (iii) 4.00 to 1.00 for the period beginning July 1, 2002 through and including September 30, 2002; (iv) 3.75 to 1.00 for the period beginning October 1, 2002 through and including December 31, 2002; (v) 3.50 to 1.00 for the period beginning January 1, 2003 through and including March 31, 2003; (vi) 3.25 to 1.00 for the period beginning April 1, 2003 through and including June 30, 2003; and (vii) 3.00 to 1.00 thereafter.
Total Debt Coverage Ratio. The Company shall not permit the Total Debt Coverage Ratio at any time during a period specified below to be greater than (i) 4.50 to 1.00 for the period beginning July 1, 2002 through and including March 31, 2003; (ii) 4.00 to 1.00 for the period beginning April 1, 2003 through and including September 30, 2003 and (iii) 3.75 to 1.00 thereafter."
Total Debt Coverage Ratio. The Company shall not permit the ratio on the last day of any Fiscal Quarter, commencing with the Fiscal Quarter ending June 30, 2000, of (i) Consolidated Free Cash Flow to (ii) Total Debt Service, in each case for the twelve-month period then ended (or, in the case of any Fiscal Quarter ending prior to December 31, 2000, for the period commencing on January 1, 2000 and ending on the last day of such Fiscal Quarter) to be less than 1.15:1.0.
Total Debt Coverage Ratio. 66 SECTION 8.17. Minimum EBITDA.......................................... 66
Total Debt Coverage Ratio. The Company shall not permit the ratio on the last day of any fiscal quarter ending on or after June 30, 1998 of (i) Consolidated Free Cash Flow to (ii) Total Debt Service, in each case for the Measuring Period ending at such day, to be less than 1.1 to 1.0. Minimum EBITDAAs of the last day of each fiscal quarter set forth below, EBITDA for the Measuring Period at such day shall not be less than the corresponding amount set forth below opposite such period: First Quarter Ended Amount ------------------- ------ September 30, 1997 $2,600,000 December 31, 1997 2,200,000 March 31, 1998 2,000,000 June 30, 1998 1,800,000 September 30, 1998 1,850,000 December 31, 1998 1,850,000 March 31, 1999 1,850,000 June 30, 1999 1,850,000 September 30, 1999 1,900,000 December 31, 1999 1,900,000 March 31, 2000 1,900,000 June 30, 2000 1,900,000 September 30, 2000 1,950,000 December 30, 2000 1,950,000 March 31, 2001 1,950,000 66 June 30, 2001 1,950,000 The last day of each Fiscal Quarter thereafter 2,000,000
Total Debt Coverage Ratio. The Borrower shall not permit the Total Debt Coverage Ratio as of the last day of any fiscal quarter to be greater than 3.25 to 1.00.
Total Debt Coverage Ratio. Borrower will not allow its ratio of EBITDAX to the sum of (i) Borrower's total Interest Expense plus (ii) Cash Dividends, plus (iii) interest on the Convertible Junior Debentures, calculated as of the end of each fiscal quarter on a rolling four-quarter basis, to be less than 2.5 to 1.0 as of the end of any fiscal quarter beginning with the fiscal quarter ending March 31, 2002.
