TOTAL LIABILITIES TO EBITDA Sample Clauses

TOTAL LIABILITIES TO EBITDA. Borrower shall maintain on a Consolidated basis, as of the last day of each fiscal quarter set forth below (the "CALCULATION DATE"), a ratio of (i) the Total Liabilities of Borrower on such Calculation Date, to (ii) Borrower's EBITDA for the twelve calendar month period ending on such Calculation Date, of not more than the ratio set forth below on the Calculation Date corresponding thereto: CALCULATION DATE RATIO (i) March 31, 1998, June (i) 5.00 to 1.0 30, 1998, and September 30, 1998 (ii) December 31, 1998, (ii) 4.00 to 1.0 March 31, 1999, June 30, 1999, and September 30, 1999 (iii) December 31, 1999, (iii) 3.00 to 1.0 March 31, 2000, June 30, 2000, 32 September 30, 2000, and December 31, 2000
Sample 1
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TOTAL LIABILITIES TO EBITDA. The Borrower will not permit the ratio of (a) an amount equal to (i) Total Liabilities minus (ii) the Subordinated Debt or the Replacement Subordinated Debt, as the case may be, as at the end of any fiscal quarter to (b) EBITDA for such fiscal quarter and the immediately preceding three fiscal quarters (treated as a single accounting period) to exceed 1.0:1.0.
Sample 1
TOTAL LIABILITIES TO EBITDA. Permit the ratio of Consolidated Total Liabilities of the Parent to Consolidated EBITDA at any time during any period set forth below to be greater than the amount set forth opposite such period below. Period Ratio ------ ----- October 1, 1997 to December 31, 1997 50 to 1 October 1, 1997 to March 31, 1998 30 to 1 -57- 64 October 1, 1997 to June 30, 1998 15 to 1 October 1, 1997 to September 30, 1998 10 to 1 December 31, 1997 to to December 31, 1998 8 to 1 March 31, 1998 to March 31, 1999 7 to 1 June 30, 1998 to June 30, 1999 6 to 1 September 30, 1998 to September 30, 1999 and thereafter on a trailing 4 quarter basis measured at the end of each fiscal quarter 5 to 1
Sample 1
TOTAL LIABILITIES TO EBITDA. The ratio of Customer's total liabilities to its net income before interest, taxes, depreciation and amortization, as shown on Customer's regular fiscal year-end financial statements prepared in a manner consistent with the terms hereof, shall not as of December 31, 1999, or as of the end of any fiscal year of Customer thereafter, exceed 3.5 to 1.
Sample 1

Related to TOTAL LIABILITIES TO EBITDA

  • Total Liabilities The sum of the following (without duplication): (i) all liabilities of the Borrower and the Related Companies consolidated and determined in accordance with Generally Accepted Accounting Principles excluding accounts payable incurred in the ordinary course of business, (ii) all Indebtedness of the Borrower and the Related Companies whether or not so classified, including, without limitation, all outstanding Loans under this Agreement, and (iii) the balance available for drawing under letters of credit issued for the account of the Borrower or any of the Related Companies.

  • Total Liabilities to Tangible Net Worth Ratio Maintain a ratio of total liabilities to Tangible Net Worth of less than .80 to 1.0 as of the end of each fiscal quarter.

  • Consolidated Total Liabilities All liabilities of the Borrower and its Subsidiaries determined on a consolidated basis in accordance with generally accepted accounting principles.

  • Total Liabilities to Tangible Net Worth Permit or suffer the ratio of the consolidated Total Liabilities of the Company and its subsidiaries to the consolidated Tangible Net Worth of the Company and its subsidiaries to be greater than 1.85 to 1.00.

  • Funded Debt to EBITDA Section 10.2 of the Loan Agreement is hereby amended and restated in its entirety to read as follows:

  • Ratio of Total Debt to EBITDAX The Borrower will not, at any time, permit its ratio of Total Debt as of such time to EBITDAX for the four fiscal quarters ending on the last day of the fiscal quarter immediately preceding the date of determination for which financial statements are available to be greater than 3.5 to 1.0.

  • Funded Debt to EBITDA Ratio A. Funded Debt

  • Maximum Consolidated Total Leverage Ratio The Borrower will cause the Consolidated Total Leverage Ratio to be less than (a) 4.00 to 1.00 at all times during the period from the Effective Date to and including December 30, 2009, (b) 3.75 to 1.00 at all times during the period from December 31, 2009 to and including December 30, 2010 and (c) less than 3.50 to 1.00 at all times thereafter.

  • Consolidated Total Leverage Ratio Permit the Consolidated Total Leverage Ratio as of the last day of any fiscal quarter ending on or after September 30, 2008 to be greater than 3.5 to 1.0.

  • Total Liability OTHER THAN AS A RESULT OF BREACH OF SECTION 2 OR PURSUANT TO THE INDEMNIFICATION PROVISIONS HEREOF, IN NO EVENT WILL EITHER PARTY BE LIABLE TO THE OTHER FOR AN AMOUNT IN EXCESS OF THE TOTAL AMOUNT PAID TO PARTNER HEREUNDER.

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