Pro Forma Debt Service Ratio means, as of any calculation date, the ratio of Annualized Cash Flow to Pro Forma Debt Service.
Pro Forma Debt Service Ratio means, as at the last day of any fiscal quarter, the ratio of (a) Annualized Operating Cash Flow as at such day to (b) Pro-Forma Debt Service as at such day.
Pro Forma Debt Service Ratio as of any fiscal quarter end, the ratio of (i) Adjusted Annualized Operating Cash Flow to (ii) Pro Forma Debt Service, in each case at such fiscal quarter end.
Examples of Pro Forma Debt Service Ratio in a sentence
The Borrower shall not at any time permit the Pro Forma Debt Service Ratio to be less than 1.05:1.
The Pro Forma Debt Service Ratio shall not at any time be less than 1.10:1.00.
The Borrower and its Subsidiaries will maintain, on a consolidated basis as at the last day of each fiscal quarter, a Pro Forma Debt Service Ratio not less than 1.50 to 1.0.
Permit the Pro Forma Debt Service Ratio to be less than 1.05 to 1 at any time after January 1, 1997.
The Borrower will not permit the Pro Forma Debt Service Ratio as of the end of any fiscal quarter to be less than 1.20:1.00.
More Definitions of Pro Forma Debt Service Ratio
Pro Forma Debt Service Ratio means, on any date, the ratio of (i) the Consolidated Operating Cash Flow of the Borrower and its Subsidiaries for the applicable Measurement Period relating to such date, to (ii) the Pro Forma Debt Service of the Borrower, plus the Pro Forma Debt Service of Holdings as of the last day of such Measurement Period.
Pro Forma Debt Service Ratio means, on any date of determination, the ratio of: (a) the average quarterly amount of DDB Collections during the four (4) Quarterly Periods immediately preceding (or ending on) such date excluding DDB Collections from banks that are not as of such date still Designated Depositary Banks (or, if such date is before the completion of four (4) Quarterly Periods after the Closing Date, the average quarterly amount of the DDB Collections for each Quarterly Period after the Closing Date) to (b) the Maximum Quarterly Debt Service (calculated, with respect to consideration of the issuance of a Series of Senior Notes, as if no Subordinated Note existed) scheduled to be paid on any Payment Date after such date of determination.
Pro Forma Debt Service Ratio means, as of the last day of any Fiscal Quarter, the ratio of (i) EBIDT of the Borrower and its Subsidiaries for the four consecutive Fiscal Quarters just ended less the aggregate amount of taxes paid by any of them during such four Fiscal Quarters to (ii) the sum of (A) projected interest expense of all Debt of the Borrower and its Subsidiaries for the succeeding four Fiscal Quarters (calculated using the weighted average of interest rates at the time of calculation and at the principal outstanding at the time of calculation after giving effect to any scheduled payments of principal during such four Fiscal Quarters) plus (B) the aggregate principal amounts of all Debt required to be paid during the same succeeding four Fiscal Quarters by the Borrower and its Subsidiaries.
Pro Forma Debt Service Ratio means, as of any date, the ratio of (a) Adjusted Operating Cash Flow for the most recently completed twelve month period, to (b) Pro Forma Debt Service for the twelve month period commencing immediately after the period utilized in determining Adjusted Operating Cash Flow for purposes of clause (a) of this definition.
Pro Forma Debt Service Ratio means, at any date of determination, the ratio, computed on a consolidated basis of:
Pro Forma Debt Service Ratio means, at any time, for the four consecutive Fiscal Quarters subsequent to such time, the ratio of
Pro Forma Debt Service Ratio for any fiscal quarter means the ratio of Annualized Operating Cash Flow to Pro-Forma Debt Service.