Total Leverage Ratio definition
Total Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated Total Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.
Total Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Total Debt as of such date to (b) EBITDA of the Company and its Restricted Subsidiaries for the most recently ended Test Period on or prior to such date, in each case with such pro forma adjustments as are consistent with the pro forma adjustments set forth in the definition of “Interest Coverage Ratio.”
Total Leverage Ratio means, on any date, the ratio of (a) Total Indebtedness on such date to (b) EBITDA for the period of four consecutive fiscal quarters ended on or most recently prior to such date.
Examples of Total Leverage Ratio in a sentence
As of the last day of each Fiscal Quarter of the Borrower, the Borrower shall not permit the Total Leverage Ratio to be greater than (i) from the Closing Date until the Covenant Step Up Date, 0.65 to 1.00, and (ii) from and after the Covenant Step Up Date, 0.60 to 1.00.
More Definitions of Total Leverage Ratio
Total 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.
Total Leverage Ratio means, at any date of determination, the ratio of Consolidated Indebtedness on such date to Consolidated EBITDA for the Test Period then most recently ended.
Total Leverage Ratio means, with respect to any period, the ratio of (i) Total Funded Debt to (ii) EBITDA, as of the end of the relevant period.
Total Leverage Ratio has the meaning assigned to such term in Section 6.11(a).
Total Leverage Ratio means, as of any date, the ratio of (a) Total Indebtedness as of such date to (b) Total Asset Value.
Total Leverage Ratio means, on any date of determination, the ratio of (x) Consolidated Total Indebtedness on such date to (y) Consolidated EBITDA for the Test Period most recently ended on or prior to such date; provided that (i) for purposes of any calculation of the Total Leverage Ratio pursuant to this Agreement, Consolidated EBITDA shall be determined on a Pro Forma Basis in accordance with the requirements of the definition of “Pro Forma Basis” contained herein.
Total Leverage Ratio means, as of any date of determination, the ratio of: