Total Funded Debt to EBITDA Ratio. Borrower shall not permit the Total Funded Debt to EBITDA Ratio at any time during each period set forth below to be greater than the ratio set forth below with respect to such period: Period Ratio Effective Date to and including December 31, 2006 3.75 to 1.00 January 1, 2007 and thereafter 3.50 to 1.00
Total Funded Debt to EBITDA Ratio. The Loan Parties shall not permit the Core Leverage Ratio as of the end of each fiscal quarter to exceed 3.50 to 1.00.
Total Funded Debt to EBITDA Ratio. Not permit, as of the last day of any Fiscal Quarter, the ratio of Total Funded Debt to EBITDA for the Computation Period ended on the last day of such Fiscal Quarter, to exceed the applicable ratio set forth below: Computation Period Ending Ratio of Total Funded Debt to EBITDA Last day of each Fiscal Quarter 2.25 to 1.00
Total Funded Debt to EBITDA Ratio. The Borrower shall not permit the ratio of its Total Funded Debt to its EBITDA, measured at the end of each fiscal quarter, calculated on a rolling four quarter basis, to be greater than 2.00 to 1.00 through maturity of the Loans.
Total Funded Debt to EBITDA Ratio. The VSE Entities will maintain as of the last day of each Fiscal Quarter occurring during the periods set forth below, on a consolidated basis, a Total Funded Debt to EBITDA Ratio of not more than the applicable ratio set forth in the table below: Testing Period Maximum Total Funded Debt to EBITDA Ratio First Amendment Effective Date through and including March 31, 2020 3.50 to 1.00 From April 1, 2020 through and including September 30, 2020 4.00 to 1.00 From October 1, 2020 through and including March 31, 2021 4.25 to 1.00 From April 1, 2021 through and including June 30, 2021 4.00 to 1.00 From July 1, 2021 through and including September 30, 2021 3.75 to 1.00 From October 1, 2021 through and including December 31, 2021 3.50 to 1.00 From January 1, 2022 and thereafter 3.25 to 1.00
Total Funded Debt to EBITDA Ratio. The Credit Parties shall not permit the ratio of (a) Total Funded Debt of the Core Ameresco Companies at any time to (b) EBITDA of the Core Ameresco Companies for the period of four consecutive fiscal quarters most recently ended prior to such time, to exceed 2.00 to 1.00.
Total Funded Debt to EBITDA Ratio. Section 7.03 of the Loan Agreement is hereby deleted in its entirety and the following is substituted therefor:
Total Funded Debt to EBITDA Ratio. The Borrower will maintain at all times during the following periods a Total Funded Debt to EBITDA ratio of not greater than the following: Period Maximum Total Debt to Ebitda Ratio Closing Date – 06/30/02 4.0 to 1.0 07/01/02 – thereafter 3.0 to 1.0
Total Funded Debt to EBITDA Ratio. The Total Funded Debt to EBITDA Ratio, on the last day of any fiscal quarter commencing on June 30, 2007, shall not exceed 3.75:1.00.
Total Funded Debt to EBITDA Ratio. As of the last day of each fiscal quarter of Borrower, Borrower shall not permit the Total Funded Debt to EBITDA Ratio at such time to be greater than 2.5 to 1.0.
