Total Debt Leverage Ratio definition

Total Debt Leverage Ratio means, for Credit Parties on a consolidated basis, at any date of determination, the ratio of (i) Total Debt outstanding on such date, to (ii) EBITDA for the applicable Test Period then ending taken as one accounting period.

Total Debt Leverage Ratio means, for any period, with respect to Borrower and its Subsidiaries on a Consolidated basis, the ratio of (a) the aggregate unpaid principal balance of all Indebtedness for borrowed money on the last day of such period to (b) Adjusted EBITDA for such period.

Total Debt Leverage Ratio means, at any time and determined on a consolidated basis, the ratio of Total Debt to EBITDA (determined with respect to the most recently-completed two financial quarters of the Parent Guarantor on an annualized basis).

Examples of Total Debt Leverage Ratio in a sentence

• Agent and Documentation Agent shall have received a certificate executed by a Responsible Officer of each Credit Party, in form and substance satisfactory to Agent and Documentation Agent, certifying that as of the Amendment No. 2 Effective Date, after giving effect to the additional Term Loan A to be made on the Amendment No. 2 Effective Date, the Total Debt Leverage Ratio of the Credit Parties on a consolidated basis is not greater than 3.00 to 1.00.

• Agent and Documentation Agent shall have received a certificate executed by a Responsible Officer of each Credit Party, in form and substance satisfactory to Agent and Documentation Agent, certifying that as of the Amendment No. 1 Effective Date, after giving effect to the additional Term Loan A to be made on the Amendment No. 1 Effective Date, the Total Debt Leverage Ratio of the Credit Parties on a consolidated basis is not greater than 2.00 to 1.00.

• The Borrowers shall maintain a Total Debt Leverage Ratio of not greater than 5.0 to 1.0 as of the last day of each fiscal quarter.

• The Total Debt Leverage Ratio, as of the last day of each fiscal quarter of the Consolidated Parties, commencing with the fiscal quarter ending on June 30, 1998, shall be less than or equal to (i) 4.75 to 1.0 for each fiscal quarter ending prior to Xxxxx 00, 0000, (xx) 4.50 to 1.00 for each fiscal quarter ending on or after March 31, 1999 but prior to December 31, 1999 and (iii) 4.25 to 1.00 for each fiscal quarter ending on or after December 31, 1999.

• The Total Debt Leverage Ratio, as of ------------------------- the last day of each fiscal quarter of the Consolidated Parties, shall be less than or equal to (i) 4.50 to 1.00 for each fiscal quarter ending on or after June 30, 1999 but prior to December 31, 1999 and (ii) 4.25 to 1.00 for each fiscal quarter ending on or after December 31, 1999.

More Definitions of Total Debt Leverage Ratio

Total Debt Leverage Ratio as of the last day of any Test Period, the ratio of (a)(i) Total Debt as of such date minus (ii) the aggregate amount of Unrestricted Cash as of such date, to (b) Consolidated EBITDA of the Borrower for such four consecutive fiscal quarters.

Total Debt Leverage Ratio means, at any time, the ratio of: (A) the amount of Indebtedness of Borrower and its Restricted Subsidiaries outstanding at such time to (B) EBITDA for the most recently ended four Fiscal Quarters for which financial statements have been delivered (unless such test period ends during the Fiscal Year ending December 31, 2001, in which event EBITDA shall be calculated for the number of months in such Fiscal Year shown in the most recent monthly financial statements required to be delivered to the Agent pursuant to Annex D and annualized).

Total Debt Leverage Ratio as of the last day of any period of four consecutive fiscal quarters, the ratio of (a)(i) Total Debt as of such date minus (ii) the aggregate amount of Unrestricted Cash included on the consolidated balance sheet of Borrower and its Subsidiaries as of such date, to (b) Consolidated EBITDA of Jefferson Group Members for such period.

Total Debt Leverage Ratio as of any date of determination, the ratio of Total Debt as of such date of determination (including any Indebtedness proposed to be incurred on such date of determination and the use of proceeds thereof) to (b) EBITDAX as of the last day of the most recently ended period of four consecutive fiscal quarters preceding such date of determination for which financial statements under subsection 7.1(a) or 7.1(b) are available.

Total Debt Leverage Ratio means, for any period, the ratio of Total Debt on the last day of such period to Consolidated EBITDA for such four consecutive fiscal quarter period.

Total Debt Leverage Ratio means the ratio determined in accordance with Section 9.1 hereof.

Total Debt Leverage Ratio means, for any period, the ratio of (i) Total Debt for such period to (ii) EBITDA for such period.'