Examples of Total Funded Debt to EBITDA Ratio in a sentence
Normalized Total Funded Debt to EBITDA Ratio – this measures the Company’s leverage and its ability to pay all outstanding debt and assesses the Company’s financial health and liquidity position.
As of the last day of each fiscal quarter of Borrower, Borrower shall not permit the Total Funded Debt to EBITDA Ratio at such time to be greater than 2.5 to 1.0.
Total Funded Debt to EBITDA Ratio – this measures Redishred’s leverage and its ability to pay all outstanding debt and assesses the Company’s financial health and liquidity position.
The Total Funded Debt to EBITDA Ratio shall be measured on the last day of each Fiscal Quarter throughout the term of the Loan.
Thereafter, the applicable Additional Base Rate Interest Margin and the applicable Additional Libor Interest Margin shall be (i) based on the VSE Entities’ Total Funded Debt to EBITDA Ratio, calculated in accordance with Section 6.15 of this Agreement, and (ii) determined in accordance with Exhibit 7 attached hereto.