Leverage Ratio definition

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.
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, 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.

Examples of Leverage Ratio in a sentence

  • Commencing with the first full fiscal quarter ending after the Closing Date, permit the Total Net Leverage Ratio on the last day of any fiscal quarter on which the Revolving Facility Test Condition is then satisfied to exceed 5.00:1.00.

  • For purposes of calculating the Consolidated Leverage Ratio and the Consolidated Interest Coverage Ratio, amounts denominated in currencies other than Dollars shall be translated into Dollars at the applicable exchange rates used in preparing the most recently delivered financial statements pursuant to Section 6.01(a) or Section 6.01(b).

  • Permit the Consolidated Leverage Ratio at any time during any period of four fiscal quarters of the Borrower to be greater than 2.25:1.00.

  • The Borrowers shall not, as of the last day of each fiscal quarter of the Consolidated Group during such period, permit the Total Leverage Ratio to be greater than 5.25 to 1.00; provided that, notwithstanding anything in the foregoing to the contrary, during any Temporary Increase Period, the Borrowers shall not as of the last day of each such fiscal quarter of the Consolidated Group during such Temporary Increase Period permit the Total Leverage Ratio to be greater than 5.50 to 1.00.

  • The Borrowers shall not, as of the last day of each fiscal quarter of the Consolidated Group during such period, permit the Senior Leverage Ratio to be greater than 3.75 to 1.00.


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 has the meaning assigned to such term in Section 6.12(a).
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 means, as of the last day of any Fiscal Quarter, the ratio of
Leverage Ratio means, on any date, the ratio of (a)(i) Consolidated Indebtedness plus (ii) the aggregate outstanding attributed principal amount under any Receivables Financing Program incurred in accordance with this Agreement, as of such date to (b) Consolidated EBITDA for the period of four consecutive fiscal quarters of the Consolidated Entities ended on or most recently ended as of such date.
Leverage Ratio means, as of the last day of any fiscal quarter, the ratio of: (a) Consolidated Funded Indebtedness as of such day to (b) Consolidated EBITDA for the four fiscal quarters ending as of the last day of such fiscal quarter.
Leverage Ratio means the ratio of: