Cash Flow Leverage Ratio definition

Cash Flow Leverage Ratio means, as of any time the same is to be determined, the ratio of (a) Funded Debt as of the last day of the most recent four fiscal quarters of the Company then ended minus Excess Cash as of the last day of the same such period to (b) EBITDA for the same most recent four fiscal quarters then ended.
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Cash Flow Leverage Ratio means, for any Person, as of any date of determination, the ratio of (a) the principal balance of Adjusted Funded Debt as of such date to (b) EBITDA for the period of four consecutive fiscal quarters ending on such date, minus interest expense for Floor Plan Financing and Real Estate Debt for such period, minus required principal payments on Real Estate Debt for such time period.
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Cash Flow Leverage Ratio. For any period of determination, the ratio of
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Examples of Cash Flow Leverage Ratio in a sentence

  • The Borrower will not permit the Cash Flow Leverage Ratio on the last day of any fiscal quarter to exceed 3.50 to 1.00.

  • If the Administrative Agent receives from the Parent a written notice of an Event of Default pursuant to Section 7.6(c) hereof or a Net Cash Flow Leverage Ratio Increase election pursuant to Section 7.15 hereof, the Administrative Agent shall promptly give each of the Lenders written notice thereof.

  • Such Compliance Certificate shall also (i) set forth the calculations supporting such statements in respect of Sections 9.6 and 9.7 of this Agreement and (ii) contain a calculation of the Cash Flow Leverage Ratio for purposes of determining adjustments (if any) to the Applicable Margins.

  • The Company shall not, as of the last day of any fiscal quarter, permit its Cash Flow Leverage Ratio to be more than 3.50 to 1.00.

  • The Company shall not at any time permit its Cash Flow Leverage Ratio to be more than 3.50 to 1.00.


More Definitions of Cash Flow Leverage Ratio

Cash Flow Leverage Ratio means, as of the last day of any Measurement Period, the ratio of (a) the sum of (i) Net Interest-bearing Indebtedness on such day, (ii) the principal amount of the Securitization Transactions on such day plus (iii) eight times Rental and Lease Expense for the Measurement Period ended on such day, to (b) the sum of EBITDA and Rental and Lease Expense for the Measurement Period ended on such day.
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Cash Flow Leverage Ratio is defined in Section 10.12.1.
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Cash Flow Leverage Ratio means, as of any date, the ratio, calculated for the period of four consecutive fiscal quarters then ended, of consolidated Indebtedness of the Company and its Subsidiaries as of the last day of such period to EBITDA for such period.
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Cash Flow Leverage Ratio means, on any date, the ratio of Total Debt on such date to Consolidated EBITDA for the period of four consecutive fiscal quarters most recently ended on or prior to such date.
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Cash Flow Leverage Ratio is defined in Section 6.21.
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Cash Flow Leverage Ratio means for Parent and its Subsidiaries, on a consolidated basis, as of any date (a) Net Debt, divided by (b) EBITDA for the period ended as of such date.
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Cash Flow Leverage Ratio shall have the meaning specified in Section 6.1.
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