Common use of Ratio of Funded Debt to EBITDA Clause in Contracts

Ratio of Funded Debt to EBITDA. As of the end of each Fiscal Quarter the ratio of Funded Debt as of the end of such Fiscal Quarter to EBITDA for the period of 4 consecutive Fiscal Quarters then ended shall be less than 3.10 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (Atlantic American Corp)

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Ratio of Funded Debt to EBITDA. As of July 31, 1997 and as of the end of each Fiscal Quarter thereafter, the ratio of Funded Debt as of for the end of Fiscal Quarter then ending to EBITDA for such Fiscal Quarter to EBITDA and for the period of 4 consecutive immediately preceding three Fiscal Quarters then ended shall Quarters, will not be less than 3.10 4.00 to 1.01.00.

Appears in 1 contract

Samples: Credit Agreement (Source Co)

Ratio of Funded Debt to EBITDA. As of the end of each Fiscal Quarter beginning with the Fiscal Quarter ending June 30, 2003, the ratio of Funded Debt as of the end of such Fiscal Quarter to EBITDA for the period of 4 consecutive Fiscal Quarters then ended shall be less than (a) 3.10 to 1.01.0 for each Fiscal Quarter ending on or before September 30, 2005, (b) 4.25 to 1.0 for the Fiscal Quarter ending on December 31, 2005, and (c) 3.10 to 1.0 for each Fiscal Quarter thereafter.

Appears in 1 contract

Samples: Credit Agreement (Atlantic American Corp)

Ratio of Funded Debt to EBITDA. As of October 31, 1997, the ratio of Funded Debt for the Fiscal Quarter then ending to EBITDA for such Fiscal Quarter and for the immediately preceding three Fiscal Quarters will not be more than 5.25 to 1.00; and as of January 31, 1998 and as of the end of each Fiscal Quarter thereafter, the ratio of Funded Debt as of for the end of Fiscal Quarter then ending to EBITDA for such Fiscal Quarter to EBITDA and for the period of 4 consecutive immediately preceding three Fiscal Quarters then ended shall will not be less more than 3.10 4.00 to 1.01.00.

Appears in 1 contract

Samples: Credit Agreement (Source Information Management Co)

Ratio of Funded Debt to EBITDA. As of the end of each Fiscal Quarter Quarter, the ratio of Funded Debt as of the end of such Fiscal Quarter to EBITDA for the period of 4 consecutive Fiscal Quarters then ended shall be less than 3.10 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (Atlantic American Corp)

Ratio of Funded Debt to EBITDA. As of the end of each Fiscal Quarter beginning with the Fiscal Quarter ending June 30, 1999, the ratio of Funded Debt as of the end of such Fiscal Quarter to EBITDA for the period of 4 consecutive Fiscal Quarters then ended shall be less than 3.10 (a) 4.5 to 1.01.0 for each Fiscal Quarter ending on or before December 31, 1999, (b) 4.0 to 1.0 for each Fiscal Quarter ending after December 31, 1999, and on or before December 31, 2000 and (c) 3.5 to 1.0 for each Fiscal Quarter thereafter.

Appears in 1 contract

Samples: Credit Agreement (Atlantic American Corp)

Ratio of Funded Debt to EBITDA. As Borrowers shall have and ------------------------------ maintain a ratio of Funded Debt to EBITDA of no greater than 2.50 to 1.00 as of the end of each Fiscal Quarter the ratio of Funded Debt as fiscal quarter by annualization of the end of such Fiscal Quarter to EBITDA calculations for the period of 4 consecutive Fiscal Quarters fiscal quarter then ended shall be less than 3.10 to 1.0ending.

Appears in 1 contract

Samples: Loan and Security Agreement (Telespectrum Worldwide Inc)

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Ratio of Funded Debt to EBITDA. As The ratio of (a) Funded Debt to (b) EBITDA at the end of each Fiscal Quarter the ratio of Funded Debt as of the end of such Fiscal Quarter to EBITDA any fiscal quarter for the four fiscal quarter period of 4 consecutive Fiscal Quarters then ended shall ending, to be less greater than 3.10 3.0 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (Serologicals Corp)

Ratio of Funded Debt to EBITDA. As The ratio of (a) Funded Debt to (b) EBITDA at the end of each Fiscal Quarter the ratio of Funded Debt as of the end of such Fiscal Quarter to EBITDA any fiscal quarter for the four fiscal quarter period of 4 consecutive Fiscal Quarters then ended shall ending, to be less greater than 3.10 3.0 to 1.0.;

Appears in 1 contract

Samples: Credit Agreement (Serologicals Corp)

Ratio of Funded Debt to EBITDA. As of the end of each Fiscal Quarter beginning with the Fiscal Quarter ending June 30, 2003, the ratio of Funded Debt as of the end of such Fiscal Quarter to EBITDA for the period of 4 consecutive Fiscal Quarters then ended shall be less than 3.10 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (Atlantic American Corp)

Ratio of Funded Debt to EBITDA. As of At the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending December 31, 1995, the ratio of Funded Debt as of the end of on such Fiscal Quarter date to EBITDA for the period of 4 consecutive Fiscal Quarters immediately preceding 12 months then ended ended, shall be less than 3.10 not exceed 3.0 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (Blessings Corp)

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