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.

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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

The calculation of the Total Leverage Ratio, the First Lien Leverage Ratio, the Secured Leverage Ratio and EBITDA on a Pro Forma Basis for the purpose of determining if any action is permitted under an incurrence test hereunder shall be based on the Financial Statements that have been most recently delivered pursuant to Section 7.11.
The Company will not permit the Total Leverage Ratio as of the last day of each fiscal quarter of the Company to exceed 60% (the “Maximum Leverage Level”); provided that the Maximum Leverage Level (i) shall be increased to 65% for the last day of the first four fiscal quarters of the Company immediately following the date of consummation of a Material Acquisition and (ii) the Maximum Leverage Level shall return to 60% for at least one fiscal quarter of the Company after such four fiscal quarters.

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 (i) Consolidated Total Funded Debt as of such date, to (ii) Consolidated EBITDA for the fiscal quarter most recently ended for which financial statements are required to have been delivered under Section 6.1(a) or 6.1(b), taking into account any adjustments to Consolidated EBITDA permitted hereunder as a result of any Permitted Acquisition consummated since the last day of such fiscal quarter.

Total Leverage Ratio means, as of any date of determination, the ratio of Total Indebtedness as of such date to Total Asset Value as of such date.

Total Leverage Ratio means, as of any date of determination, the ratio of: