Common use of EBITDA Ratio Clause in Contracts

EBITDA Ratio. Ratio of EBITDA to the preceding twelve (12) months interest expense plus the projected maturities of long-term debt for the next succeeding twelve months on a rolling basis, of not less than 1.25:1.00, to be measured annually. Debt/Tangible Net Worth. Maximum of 4.00:1.00, to be measured annually. Limitation on Loans and Advances to Owners. Not to exceed $500,000 per calendar year.

EBITDA Ratio. Ratio of EBITDA to the preceding twelve (12) months interest expense plus the projected maturities of long-term debt for the next succeeding twelve months on a rolling basis, of not less than 1.25:1.00, to be measured annually. Debt/Tangible Net Worth. Maximum of 4.00:1.00, to be measured annually. Limitation on Loans and Advances to Owners. Not to exceed $500,000 per calendar year.

EBITDA Ratio. Ratio of EBITDA to the preceding twelve (12) months interest expense plus the projected maturities of required principal payments on all long-term debt for the next succeeding twelve months on a rolling basis, of not less than 1.25:1.00, to be measured annually. Debt/Tangible Net Worth. Maximum of 4.00:1.00, to be measured annually. Limitation quarterly on Loans and Advances to Owners. Not to exceed $500,000 per calendar yeara rolling four (4) quarter basis.

EBITDA Ratio. Ratio of EBITDA to the preceding twelve (12) months interest expense plus the projected maturities of long-term debt for the next succeeding twelve months on a rolling basis, of not less than 1.25:1.00, to be measured annually. Debt/Tangible Net Worth. Maximum of 4.00:1.004.00: 1.00, to be measured annually. Limitation on Loans and Advances to Owners. Not to exceed $500,000 per calendar year.

EBITDA Ratio. Ratio of EBITDA to the preceding twelve (12) months interest expense plus the projected maturities of long-term debt for the next succeeding twelve months on a rolling basis, of not less than 1.25:1.00, to be measured annually. Debt/Tangible Net Worth. Maximum of 4.00:1.00, to be measured annually. Limitation on Loans and Advances to Owners. Not to exceed $500,000 per calendar year.

EBITDA Ratio. Ratio of EBITDA to the preceding twelve (12) months interest expense plus the projected maturities of long-term debt for the next succeeding twelve months on a rolling basis, of not less than 1.25:1.00, to be measured annually. Debt/Tangible Net Worth. Maximum of 4.00:1.00, to be measured annually. Limitation on Loans and Advances to Owners. Not to exceed $500,000 per calendar year.