Consolidated Senior Leverage Ratio definition

Consolidated Senior Leverage Ratio means the ratio of Consolidated Senior Debt, determined as of the last day of any fiscal quarter of the Company, to Consolidated EBITDA for the period of 12 months ending on such last day.

Consolidated Senior Leverage Ratio as at the last day of any period, the ratio of (a) Consolidated Senior Debt on such day to (b) Consolidated EBITDA for such period.

Consolidated Senior Leverage Ratio means, for any date of determination (i) Consolidated Funded Indebtedness on such date of determination (excluding the Unsecured Note Indebtedness) to (ii) Consolidated Adjusted EBITDA for the period of four consecutive fiscal quarters most recently ended prior to the date of determination.

Examples of Consolidated Senior Leverage Ratio in a sentence

• The Company will not permit the Consolidated Senior Leverage Ratio as of the last day of any Reference Period to be greater than 3.50:1.00.

• Meta-analysis was done on two studies since only these studies provided adequate data for meta-analysis [3,6].AllocationThe generation of randomisation sequence was at low risk of bias for two trials (28.5%), unclear risk for two trials (28.5%) and high risk of bias (43%).

• The Companies shall not suffer or permit the Consolidated Senior Leverage Ratio on the last day of each Fiscal Quarter, commencing on the fiscal quarter ending June 30, 2019, to be more than 2.50 to 1.00.

• As of the Closing Date and on a Pro Forma Basis after giving effect to the Related Transactions, the Consolidated Senior Leverage Ratio shall not exceed 2.76 to 1.00 and the Consolidated Total Leverage Ratio shall not exceed 5.70 to 1.00, and Agent and Lenders shall have received a certificate of Borrower certifying thereto as required by paragraph CC of Annex D.

• Notwithstanding the foregoing, the parties hereto acknowledge and agree that all calculations of the Consolidated Interest Coverage Ratio, Consolidated Leverage Ratio and the Consolidated Senior Leverage Ratio for purposes of determining compliance with Section 8.08(a), (b) and (c) shall be made on a Pro Forma Basis.

More Definitions of Consolidated Senior Leverage Ratio

Consolidated Senior Leverage Ratio means, as of any date, the ratio of (1) the Consolidated Senior Debt outstanding on such date after giving effect to all incurrences and repayments of Indebtedness made or to be made on such date to (2) the Consolidated Cash Flow of the Company for the most recently ended four full fiscal quarters for which internal financial statements are available. In addition, for purposes of calculating the Consolidated Senior Leverage Ratio:

Consolidated Senior Leverage Ratio means, for any Test Period, the ratio of (a) Consolidated Senior Indebtedness as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

Consolidated Senior Leverage Ratio means, as at the last day of any Fiscal Quarter, the ratio of (a) Consolidated Senior Debt as at such day, to (b) Consolidated EBITDA for the consecutive four Fiscal Quarters ending on such day.

Consolidated Senior Leverage Ratio as at the last day of any period of four consecutive fiscal quarters, the ratio of (a) Consolidated Total Debt less the aggregate principal amount of the Senior Subordinated Notes and the Existing Senior Subordinated Notes and any refinancing Indebtedness permitted by Section 7.2(g)(ii) on such day to (b) Consolidated EBITDA for such period; provided that for purposes of calculating Consolidated EBITDA of the Borrower and its Subsidiaries for any period, the Consolidated EBITDA of any Person or bookstore location acquired or disposed of by the Borrower or its Subsidiaries during such period shall be included on a pro forma basis, including the effect of identified business synergies, for such period (assuming the consummation of each such acquisition and the incurrence or assumption of any Indebtedness in connection therewith occurred on the first day of such period) if (other than the pro forma adjustments to Consolidated EBITDA included in the calculation thereof for the twelve-month period ended January 31, 2004 for the purposes of Section 5.1(k)) either (x) the consolidated balance sheet of such acquired Person and its consolidated Subsidiaries as at the end of the period preceding the acquisition of such Person and the related consolidated statements of income and stockholders' equity and of cash flows for the period in respect of which Consolidated EBITDA is to be calculated have been previously provided to the Administrative Agent and the Lenders and reported on without a qualification arising out of the scope of the audit by independent certified public accountants of nationally recognized standing or (y) other financial information in respect of such acquired Person or bookstore location shall have been provided to the Administrative Agent and the Lenders and shall have been found reasonably acceptable by the Required Lenders.

Consolidated Senior Leverage Ratio means, as of the last day of any Fiscal Quarter, the ratio of (i) Senior Indebtedness as at such day to (ii) EBITDA for the consecutive four Fiscal Quarters ending on such day.

Consolidated Senior Leverage Ratio means, for any date of determination (i) Consolidated Funded Indebtedness on such date of determination (excluding the Unsecured Note Indebtedness) to (ii) Consolidated Adjusted EBITDA for the applicable period of four consecutive fiscal quarters.

Consolidated Senior Leverage Ratio as at any date of determination, means the ratio of: