Leverage Ratio definition

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.

Leverage Ratio means, as of any date, the ratio of (i) Consolidated Total Debt as of such date to (ii) Consolidated EBITDA for the four consecutive Fiscal Quarters ending on or immediately prior to such date.

Leverage Ratio means the ratio as of the last day of any Fiscal Quarter of (i) Consolidated Total Debt as of such day to (ii) Consolidated Adjusted EBITDA for the four Fiscal Quarter period ending on such date.

Examples of Leverage Ratio in a sentence

• In the event the Borrower elects to increase the Consolidated Leverage Ratio pursuant to this Section 8.09, the Borrower shall notify the Administrative Agent in writing at such time as the applicable Qualified Acquisition is consummated.

• The Borrower shall not permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 3.

• The Company shall ensure that, on any Test Date (in respect of the Testing Period ending on such Test Date), the Proportionate Net Leverage Ratio as set out in the relevant Compliance Certificate shall not exceed the ratio set out in the table below opposite the applicable Testing Period (the "Financial Covenant").

• In addition to the interest accruing on the Notes, the Issuer agrees to pay to each holder of a Note a fee (the “Leverage Ratio Increase Fee”) at a rate of 0.25% per annum on the outstanding principal amount of such Note during any Leverage Ratio Increase Period.

• The Company shall not permit the Subsidiary Unencumbered Leverage Ratio to be greater than 5% at any time.

More Definitions of Leverage Ratio

Leverage Ratio means, at any date of determination, the ratio of (a) Indebtedness for Borrowed Money at such date to (b) Consolidated EBITDA for the period of four consecutive fiscal quarters for which financial statements have most recently been delivered under Section 6.09(a) or (b).

Leverage Ratio means, with respect to the Borrower on a consolidated basis with its Subsidiaries, at the end of any Fiscal Quarter, the ratio of (a) Total Debt at the end of such Fiscal Quarter to (b) Adjusted EBITDA for the four Fiscal Quarters then ending.

Leverage Ratio has the meaning assigned to such term in Section 6.12(a).

Leverage Ratio means, as of the last day of any Fiscal Quarter, the ratio of

Leverage Ratio means, as of any date of calculation, the ratio of (i) Consolidated Funded Indebtedness outstanding on such date to (ii) Consolidated EBITDA for the Borrower’s then most-recently ended four (4) fiscal quarters.

Leverage Ratio means, with respect to the Parent Guarantor and its Subsidiaries on a consolidated basis for the twelve month period ending on the last day of any fiscal quarter, the ratio of (a) Total Debt calculated on the last day of such period to (b) Consolidated EBITDA for such period.

Leverage Ratio means the ratio of Net Interest Bearing Debt to EBITDA.