Ratio of Funded Debt to EBITDA. Permit the ratio of (i) Funded Debt to (ii) EBITDA, as of the last day of the fiscal quarter of Borrowers and their Subsidiaries, calculated at the end of each such quarter on a rolling four (4) quarter basis, to be greater than 3.75:1.00.
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Samples: Loan Agreement (Sports Club Co Inc), Loan Agreement (Sports Club Co Inc)
Ratio of Funded Debt to EBITDA. Permit the its ratio of (i) Funded Debt to EBITDA (iimeasured on a Trailing Four-Quarter Basis) EBITDAto be more than 1.0 to 1.0, as of determined on the last day of the fiscal quarter of Borrowers and their Subsidiaries, calculated at the end of each such quarter on a rolling four (4) quarter basis, to be greater than 3.75:1.00Fiscal Quarter.
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Ratio of Funded Debt to EBITDA. Permit the The Company shall maintain at all times a ratio of (i) Funded Debt to (ii) EBITDA, EBITDA of not more than 3.50 to 1.00. The ratio of Funded Debt to EBITDA shall be determined as of the last day of the most recently completed fiscal quarter of Borrowers and their Subsidiaries, calculated at the end of each such quarter on a rolling four (4) quarter basis, to be greater than 3.75:1.00.quarter. "
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Ratio of Funded Debt to EBITDA. Permit the The Company shall maintain at all times a ratio of (i) Funded Debt to (ii) EBITDAEBITDA of not more than 4.00 to 1.00 through March 31, 1999, and thereafter of not more than 3.15 to 1.00. The ratio of Funded Debt to EBITDA shall be determined as of the last day of the most recently completed fiscal quarter of Borrowers and their Subsidiaries, calculated at the end of each such quarter on a rolling four (4) quarter basis, to be greater than 3.75:1.00.quarter. "
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