Total Senior Debt/EBITDA Ratio Sample Clauses

Total Senior Debt/EBITDA Ratio. The ratio which (i) the Total Senior Debt of the Borrower and its Consolidated Subsidiaries at the end of any Fiscal Quarter, commencing with the Fiscal Quarter ended closest to June 30, 1999, bears to (ii) EBITDA of the Borrower and its Consolidated Subsidiaries, measured on a rolling Four Quarters' basis as of the end of such Fiscal Quarter (adjusted, however, as reflected in Section 5.6), shall be (i) not more than 3.00:1, for the Fiscal Quarters ending closest to June 30, 1999, September 30, 1999 and December 31, 1999, (ii) not more than 2.75:1 for the Fiscal Quarters ending closest to March 31, 2000, June 30, 2000, September 30, 2000 and December 31, 2000 and (iii) not more than 2.50:1, for any Fiscal Quarter ending thereafter
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Total Senior Debt/EBITDA Ratio. The ratio which (i) the Total Senior Debt of the Lessee and its Consolidated Subsidiaries at the end of any Fiscal Quarter, commencing with the Fiscal Quarter ended closest to December 31, 2000, bears to (ii) EBITDA of the Lessee and its Consolidated Subsidiaries, measured on a rolling four (4) Fiscal Quarters' basis as of the end of such Fiscal Quarter (adjusted, however, for EBITDA in the same manner as reflected in Section 5.6 for EBITDAR), shall be not more than the amounts prescribed below for each Fiscal Quarter prescribed below corresponding thereto: Fiscal Quarter Ending: Ratio --------------------- ----- December 31, 2000 4.00:1 April 4, 2001 4.35:1 July 1, 2001 4.85:1 September 30, 2001 4.00:1 December 31, 2001 4.00:1
Sample 1
Total Senior Debt/EBITDA Ratio. The ratio which (i) the Total Senior Debt of the Lessee and its Consolidated Subsidiaries at the end of any Fiscal Quarter, commencing with the Fiscal Quarter ended closest to October 1, 2000, bears to (ii) EBITDA of the Lessee and its Consolidated Subsidiaries, measured on a rolling four (4) Fiscal Quarters' basis as of the end of such Fiscal Quarter (adjusted, however, as reflected in Section 5.6), shall be not more than the amounts prescribed below for each Fiscal Quarter prescribed below corresponding thereto: ---------------------------------------- ------------------------------ Fiscal Quarter Ending: Ratio ---------------------------------------- ------------------------------ October 1, 2000 4.30:1 ---------------------------------------- ------------------------------ December 31, 2000 3.25:1 ---------------------------------------- ------------------------------ April 4, 2001 3.05:1 ---------------------------------------- ------------------------------ July 1, 2001 3.00:1 ---------------------------------------- ------------------------------ September 30, 2001 2.75:1 ---------------------------------------- ------------------------------ December 30, 2001 2.55:1 ---------------------------------------- ------------------------------ March 31, 2002 and thereafter 2.50:1 ---------------------------------------- ------------------------------ and there shall be added to the Participation Agreement, immediately following amended Section 5.7 thereof (see above), a new Section 5.7A, to read as follows:
Sample 1
Total Senior Debt/EBITDA Ratio. The ratio of the Borrower's and its Subsidiaries' Total Senior Debt to EBITDA shall be less than 1.00:1 at all times during the term of this Agreement. Total Senior Debt shall be calculated as of the end of each fiscal quarter and EBITDA shall be calculated as of such date for the twelve consecutive month period ending on such date.
Sample 1
Total Senior Debt/EBITDA Ratio. The ratio which (i) the Total Senior Debt of the Borrower and its Consolidated Subsidiaries at the end of any Fiscal Quarter, commencing with the Fiscal Quarter ended closest to October 1, 2000, bears to (ii) EBITDA of the Borrower and its Consolidated Subsidiaries, measured on a rolling four (4) Fiscal Quarters' basis as of the end of such Fiscal Quarter (adjusted, however, as reflected in Section 5.6), shall be not more than the amounts prescribed below for each Fiscal Quarter prescribed below corresponding thereto: Fiscal Quarter Ending: Ratio --------------------- ----- October 1, 2000 4.30:1 December 31, 2000 3.25:1 April 4, 2001 3.05:1 July 1, 2001 3.00:1 September 30, 2001 2.75:1 December 30, 2001 2.55:1 March 31, 2002 2.50:1 and thereafter and there shall be added to the Credit Agreement, immediately following amended Section 5.7 thereof (see above), a new Section 5.7A, to read as follows:
Sample 1

Related to Total Senior Debt/EBITDA Ratio

  • Funded Debt to EBITDA Ratio A. Funded Debt

  • Total Debt to EBITDA Ratio Not permit the Total Debt to EBITDA Ratio as of the last day of any Four Fiscal Quarter Computation Period, commencing with the Four Fiscal Quarter Computation Period ending September 30, 2010, to exceed 3.00 to 1.0.

  • Debt to EBITDA Ratio Maintain a Debt to EBITDA Ratio, as at the end of each fiscal quarter of the Borrower, of not more than 4.0:1.0.

  • Consolidated Senior Leverage Ratio The Company will not permit the Consolidated Senior Leverage Ratio on the last day of any fiscal quarter of the Company ending in a period set forth below to exceed the ratio set forth below applicable to such period: Period Maximum Ratio January 1, 2015 to and including June 30, 2016 5.0 to 1.0 July 1, 2016 to and including September 30, 2016 4.5 to 1.0 October 1, 2016 to and including December 31, 2016 4.0 to 1.0 January 1, 2017 and thereafter 3.0 to 1.0 ”

  • Consolidated Senior Secured Leverage Ratio Upon and after the consummation of a Qualified Notes Offering, permit the Consolidated Senior Secured Leverage Ratio as of the end of any fiscal quarter of the US Borrower (beginning with the fiscal quarter ended September 30, 2018) to be greater than (A) during a Specified Acquisition Period, 4.00 to 1.00, and (B) at all other times, 3.50 to 1.00.

  • Maximum Senior Leverage Ratio Permit the Senior Leverage Ratio on the last day of any fiscal quarter during any period set forth below to be greater than the ratio set forth opposite such date or period below: Period Ratio ------ ----- September 30, 2001 2.50:1.0 December 31, 2001 2.00:1.0 March 31, 2002 through June 30, 2002 2.50:1.0 September 30, 2002 2.00:1.0 December 31, 2002 1.50:1.0 March 31, 2003 through June 30, 2003 2.00:1.0 September 30, 2003 1.50:1.0 December 31, 2003 and thereafter 1.25:1.0

  • Total Net Leverage Ratio Maintain as of the end of each fiscal quarter, a Total Net Leverage Ratio for Quantum and its Subsidiaries, on a consolidated basis, of not greater than the ratio set forth below for each four (4) consecutive fiscal quarter period then ended set forth below: Fiscal Quarter Ending Maximum Total Net Leverage Ratio September 30, 2021 4.25:1.00 December 31, 2021 4.25:1.00 March 31, 2022 Not Tested June 30, 2022 3.50:1.00 September 30, 2022 3.50:1.00 December 31, 2022 3.50:1.00 March 31, 2023 3.50:1.00 June 30, 2023 3.00:1.00 September 30, 2023 3.00:1.00 December 31, 2023 3.00:1.00 March 31, 2024 3.00:1.00 June 30, 2024 3.00:1.00 September 30, 2024 3.00:1.00 December 31, 2024 3.00:1.00 March 31, 2025 3.00:1.00 June 30, 2025 3.00:1.00 December 31, 2025 and each fiscal quarter ending thereafter 3.00:1.00”

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

  • Senior Leverage Ratio The Borrower shall not permit its Senior Leverage Ratio at any time to exceed 2.75 to 1.00.

  • Total Debt The Company will not at any time permit Consolidated Total Debt to exceed any of the following:

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