Senior Leverage Ratio means the ratio of (a) Consolidated Senior Debt as of such date to (b) Consolidated EBITDA for the Test Period as of such date.
Senior Leverage Ratio means with respect to the Company and its Subsidiaries on a Consolidated basis for the most recently ended four full fiscal quarters twelve month period for which financial statements are available, the ratio of (a) Senior Debt of the Company and its Subsidiaries on a Consolidated basis on the last day of such period to (b) EBITDA for such period.
Senior Leverage Ratio means, at any date, the ratio of:
Examples of Senior Leverage Ratio in a sentence
Any draft legislation or similar governmental instrument reaches a final reading (or equivalent step) which, if enacted or otherwise brought into force, would or would reasonably be expected to have a Material Adverse Effect or result in the Senior Interest Cover Ratio or the Senior Leverage Ratio being less than the Default Ratios.
A Regulatory Authority gives Caruna Oy or Caruna Espoo (as applicable) notice of any proposed or actual modification to either of the Licences which has, or would reasonably be expected to have, a Material Adverse Effect or result in the Senior Interest Cover Ratio or the Senior Leverage Ratio being less than the Default Ratios.
More Definitions of Senior Leverage Ratio
Senior Leverage Ratio means, with respect to any period, the ratio of total consolidated Indebtedness (other than Subordinated Debt and L/C Obligations) as of the end of that period to EBITDA for that period.
Senior Leverage Ratio means, as of any date, the ratio of (a) the Senior Debt on such date to (b) Annualized Operating Cash Flow as of the end of the fiscal quarter being tested or the most recently completed fiscal quarter for which financial statements are required to have been delivered to the Banks pursuant to Section 6.1 or 6.2 hereof, as applicable.
Senior Leverage Ratio means, as of any date of determination, the ratio of (a) the sum of (i) the outstanding principal balance of the Term Loans plus (ii) the Revolver Usage, in each case, as of such date, to (b) Borrower’s TTM EBITDA for the 12 month period ended as of such date.
Senior Leverage Ratio means, as at any date of determination, the ratio of Total Senior Indebtedness at such time to Consolidated EBITDA for the Test Period most recently ended prior to such date of determination.
Senior Leverage Ratio means, with respect to any Person and its Subsidiaries for any period, the ratio of (a) the amount of Consolidated Funded Indebtedness of such Person and its Subsidiaries as of the end of such period (excluding any Subordinated Indebtedness of such Person and its Subsidiaries then outstanding) minus Qualified Cash of such Person and its Subsidiaries in excess of $2,000,000 as of the end of such period to (b) Consolidated EBITDA of such Person and its Subsidiaries for such period.
Senior Leverage Ratio has the meaning assigned to such term in Section 6.11(c).
Senior Leverage Ratio means, for any period, the ratio determined by dividing the outstanding amount of all Senior Indebtedness by Annualized Operating Cash Flow, each as of the last day of such month.