Examples of Adjusted Debt to EBITDAR Ratio in a sentence
Borrower shall maintain an Adjusted Debt to EBITDAR Ratio of not more than 4.0 to 1.0. Maximum adjusted Debt to EBITDAR shall be measured at quarter-end based on a four quarter trailing basis.
Maximum Adjusted Debt to EBITDAR Ratio is defined as the ratio of (A) Total Funded Debt minus invested Funds plus rent payments multiplied by 7, to (B) EBITDAR.
As of any fiscal quarter end, permit the Adjusted Debt to EBITDAR Ratio of Urban and its Consolidated Subsidiaries to be more than 4.0 to 1.0.
Upon receiving the reported Maximum Adjusted Debt to EBITDAR Ratio for the preceding quarter determined by Borrower’s quarterly loan compliance report, and determining the applicable interest rate and non-use fee, Lender and Borrower agree that Lender shall reimburse Borrower for any interest and non-use fee overpaid and Borrower shall reimburse Lender for any interest and non-use fee owed within thirty (30) days of such determination.
The Maximum Adjusted Debt to EBITDAR Ratio measured at the end of each fiscal quarter computed on a trailing four quarters basis shall be less than 4.15 to 1.00.
As of any fiscal quarter ------------------------------ end, permit the Adjusted Debt to EBITDAR Ratio of Urban and its Consolidated Subsidiaries to be more than 5.00 to 1.00.
For purposes hereof, the Maximum Adjusted Debt to EBITDAR Ratio is defined as (total Funded Debt minus Invested Funds plus (rent expense multiplied by 8)) divided by EBITDAR.
Financial Covenants: Customary for credit facilities of this type and others to be reasonably specified by the Arrangers, including, but not limited to, the following: o Maximum Lease Adjusted Debt to EBITDAR Ratio; o Minimum EBITDAR to Fixed Charges Ratio; and o Minimum net worth (excluding non-cash write- offs of L-1011 aircraft).
The Maximum Adjusted Debt to EBITDAR Ratio measured at the end of each fiscal quarter computed on a trailing four quarters basis shall be less than 3.50 to 1.00.
Borrower shall maintain an Adjusted Debt to EBITDAR Ratio of not more than (i) 6.0 to 1.0 for the fiscal quarters ending June 28, 2009, and September 27, 2009, (ii) 5.0 to 1.0 for the fiscal quarter ending January 3, 2010, and (iii) 4.5 to 1.0 as of the end of each fiscal quarter thereafter.