Common use of Total Debt to Adjusted EBITDA Clause in Contracts

Total Debt to Adjusted EBITDA. Permit or suffer the ratio, determined as of the end of each of the Company's fiscal quarters for the four most recently ended fiscal quarters, of Consolidated Total Debt of the Company and its Subsidiaries to Consolidated Adjusted EBITDA of the Company and its Subsidiaries for the four most recently ended fiscal quarters to exceed 3.25 to 1.0.

Appears in 2 contracts

Samples: Credit Agreement (Invacare Corp), Credit Agreement (Invacare Corp)

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Total Debt to Adjusted EBITDA. Permit or suffer the ratio, determined as of the end of each of the Company's fiscal quarters for the four most recently ended fiscal quarters, of Consolidated Total Debt of the Company and its Subsidiaries to Consolidated Adjusted EBITDA of the Company and its Subsidiaries for the four most recently ended fiscal quarters to exceed (i) during the period from and including the Effective Date through December 30, 2006, 3.50 to 1.0, and (ii) commencing December 31, 2006 and thereafter, 3.25 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (Invacare Corp)

Total Debt to Adjusted EBITDA. Permit or suffer the ratio, determined as of the end of each of the Company's fiscal quarters for the four most recently ended fiscal quarters, of Consolidated Total Debt of the Company and its Subsidiaries to Consolidated Adjusted EBITDA of the Company and its Subsidiaries for the four most recently ended fiscal quarters to exceed 3.25 3.50 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (Invacare Corp)

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Total Debt to Adjusted EBITDA. Permit or suffer the ratio, determined as of the end of each of the CompanyBorrower's fiscal quarters for the four most recently ended fiscal quarters, of Consolidated Total Debt of the Company Borrower and its Subsidiaries to Consolidated Adjusted EBITDA of the Company Borrower and its Subsidiaries for the four most recently ended fiscal quarters to exceed 3.25 to 1.0.

Appears in 1 contract

Samples: Bridge Credit Agreement (Invacare Corp)

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