Common use of Total Funded Debt/EBITDA Ratio Clause in Contracts

Total Funded Debt/EBITDA Ratio. The Parent shall not permit the Total Funded Debt/EBITDA Ratio as of the last day of any fiscal quarter of the Parent to be greater than: TOTAL FUNDED DEBT/EBITDA RATIO SHALL FROM AND INCLUDING TO AND INCLUDING NOT BE GREATER THAN: The date hereof March 31, 2003 2.75 to 1.0 April 1, 2003 And at all times thereafter 2.50 to 1.0

Appears in 2 contracts

Samples: Credit Agreement (Ios Brands Corp), Credit Agreement (Ios Brands Corp)

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Total Funded Debt/EBITDA Ratio. The As of the last day of each fiscal quarter of the Parent ending during the relevant period set forth below, the Parent and the Borrower shall not permit the Total Funded Debt/EBITDA Ratio to be greater than the corresponding ratio set forth opposite such period: From and Including To and Including Total Funded Debt/EBITDA Ratio shall not be greater than: the date hereof December 30, 2011 2.75 to 1.0 December 31, 2011 and as of the last day of any each fiscal quarter of the Parent to be greater than: TOTAL FUNDED DEBT/EBITDA RATIO SHALL FROM AND INCLUDING TO AND INCLUDING NOT BE GREATER THAN: The date hereof March 31, 2003 2.75 to 1.0 April 1, 2003 And at all times ending thereafter 2.50 to 1.0

Appears in 1 contract

Samples: Credit Agreement (Smart Balance, Inc.)

Total Funded Debt/EBITDA Ratio. The Parent shall not permit the Total Funded Debt/EBITDA Ratio as of the last day of any fiscal quarter of the Parent to be greater than: TOTAL FUNDED DEBT/EBITDA RATIO SHALL FROM AND INCLUDING TO AND INCLUDING NOT BE GREATER THAN: The date hereof March 31, 2003 2.75 to 1.0 April 1, 2003 And at all times thereafter than 2.50 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (FTD Inc)

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Total Funded Debt/EBITDA Ratio. The As of the last day of each fiscal quarter of the Parent ending during the relevant period set forth below, the Parent and the Borrower shall not permit the Total Funded Debt/EBITDA Ratio to be greater than the corresponding ratio set forth opposite such period: From and Including To and Including Total Funded Debt/EBITDA Ratio shall not be greater than: the date hereof December 30, 2012 3.25 to 1.0 December 31, 2012 and as of the last day of any each fiscal quarter of the Parent to be greater than: TOTAL FUNDED DEBT/EBITDA RATIO SHALL FROM AND INCLUDING TO AND INCLUDING NOT BE GREATER THAN: The date hereof March 31, 2003 2.75 to 1.0 April 1, 2003 And at all times ending thereafter 2.50 3.00 to 1.0

Appears in 1 contract

Samples: Credit Agreement (Smart Balance, Inc.)

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