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 ofInterest 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 Loan Parties shall maintain a Total Leverage Ratio for each Test Period ending on the last day of each calendar month of not greater than 2.50 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, on any date of determination, the ratio of (i) Consolidated Net Debt on such date to (ii) Consolidated EBITDA for the Fiscal Quarter most recently ended on or prior to such date for which financial statements have been delivered pursuant to Section 8.01(a) or (b); provided that for all purposes of this Agreement, Consolidated EBITDA for purposes of the Total Leverage Ratio shall be determined on a Pro Forma Basis.
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, as of any date of determination, the ratio of: