Debt/EBITDA Ratio means, with respect to FIL for any period, the ratio, determined on a consolidated basis in accordance with GAAP, of:
Debt/EBITDA Ratio means, at any date of determination, the ratio of Consolidated total Debt for Borrowed Money of the Borrower and its Restricted Subsidiaries at such date to Consolidated EBITDA of the Borrower and its Restricted Subsidiaries for the most recently completed Measurement Period.
Debt/EBITDA Ratio means, at any date of determination, the ratio of consolidated Debt of the Borrower, as of such date, to EBITDA at the most recent fiscal quarter-end for the preceding four fiscal quarters.
More Definitions of Debt/EBITDA Ratio
Debt/EBITDA Ratio means the ratio of (i) Financial Debt as at the end date of the Financial Period to (ii) Consolidated EBITDA for the Financial Period;
Debt/EBITDA Ratio means the product obtained by dividing (i) Debt by (ii) Adjusted EBITDA.
Debt/EBITDA Ratio means, as of any date of determination, the ratio of (a) (1) Adjusted Debt (excluding (i) Subsidiary Non-Recourse Debt, (ii) so long as the Parent and its Subsidiaries own 100% of the Office Equipment Sale and Leaseback Bonds, liabilities with respect to the Office Equipment Sale and Leaseback Lease, (iii) the Qualified Equity Portion of Qualified Securities to the extent such amount is otherwise included in Adjusted Debt and (iv) Permitted Unit Investment Trust Debt to the extent (A) such Permitted Unit Investment Trust Debt has not been outstanding for longer than five (5) consecutive Business Days after the incurrence thereof and (B) the assets of the unit investment trust Subsidiary incurring such Permitted Unit Investment Trust Debt equal or exceed the amount of such Permitted Unit Investment Trust Debt; provided, that if the assets of such unit investment trust Subsidiary do not equal or exceed the amount of such Permitted Unit Investment Trust Debt, the amount of Permitted Unit Investment Trust Debt included in the calculation of Adjusted Debt shall be limited to any such insufficient amount incurred as Adjusted Debt under Section 5.02(g)) less (2) all (but not more than $200,000,000) consolidated unrestricted cash and Cash Equivalents of the Borrower, the Parent, and any Subsidiaries of the Parent to the extent freely distributable (directly or indirectly) to the Borrower or the Parent in the ordinary course of business (net of any taxes or other deductions in connection with such distributions) (which cash and Cash Equivalents shall not, for the avoidance of doubt, include the proceeds of any Designated Debt), to (b) EBITDA (excluding for purpose of this calculation of EBITDA only that portion of EBITDA attributable to the net income, expenses, losses, charges and gains of each Special Purpose Subsidiary) for each period of four consecutive fiscal quarters of the Parent ended on or immediately prior to such time. 143361946_5
Debt/EBITDA Ratio. With respect to any Subordinated Loan in the Collateral and as of the relevant date of determination, the ratio, calculated for the Obligor thereunder together with its subsidiaries on a consolidated basis, of (i) the Indebtedness that is pari passu with or senior to such Loan and determined as of the last day of the most recent fiscal quarter for which consolidated financial statements are available for such Obligor and after giving effect to any other Indebtedness that is senior to or pari passu with such Loan and outstanding as of the date of determination, but not otherwise reflected in the consolidated financial statements to (ii) EBITDA for the twelve month period ended on the last day of such fiscal quarter. For purposes of any determination of the Debt/EBITA Ratio, the amount of outstanding Indebtedness of an Obligor in respect of a revolving credit facility or delayed funding term loan facility shall be deemed to be the commitment amount under such facility.
Debt/EBITDA Ratio. As of any date of determination, the ratio of (i) the Indebtedness of the Obligor (other than Deeply Subordinated Debt) and its Subsidiaries on a consolidated basis as of the last day of the most recent fiscal quarter for which financial statements are available to (ii) EBITDA of the Obligor and its Subsidiaries on a consolidated basis for the twelve month period ended on the last day of the most recent fiscal quarter for which financial statements are available.
Debt/EBITDA Ratio means the ratio, as determined as at the end of each fiscal quarter of the Parent, of (x) Debt of the Providers to (y) Consolidated EBITDA for the immediately prior fiscal quarter period considered on an annualized basis (by multiplying such amount by 4); provided that restructuring charges not exceeding the positive difference, if any, between (i) $5,000,000 minus (ii) restructuring charges excluded from the calculation of the Debt/EBITDA Ratio in the three immediately prior fiscal quarters, shall be added back to Consolidated EBITDA to the extent that such charges had reduced Consolidated EBITDA."
Debt/EBITDA Ratio means the ratio of Consolidated Debt to Consolidated EBITDA.