Common use of Total Debt to EBITDA Ratio Clause in Contracts

Total Debt to EBITDA Ratio. The Borrower will not permit the ratio of Adjusted Total Debt as of the last day of any fiscal quarter to Consolidated EBITDA for the period of four consecutive fiscal quarters ended on such last day to be more than 3.50 to 1.00.

Appears in 4 contracts

Samples: Credit Agreement (FMC Technologies Inc), Credit Agreement (FMC Technologies Inc), 364 Day Credit Agreement (FMC Technologies Inc)

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Total Debt to EBITDA Ratio. The Borrower will shall not permit the ratio of Adjusted Total Debt to EBITDA Ratio as of the last day of any fiscal quarter to Consolidated EBITDA for the period of four consecutive be greater than (i) 3.75 to 1.00, with respect to fiscal quarters ended ending on such last day to be more than or before December 31, 2015, and (ii) 3.50 to 1.00, with respect to each fiscal quarter ending after December 31, 2015.

Appears in 2 contracts

Samples: Credit Agreement (Republic Services, Inc.), Credit Agreement (Republic Services, Inc.)

Total Debt to EBITDA Ratio. The Borrower will not permit the ratio of Adjusted Total Debt ratio, determined as of the last day end of any each of its fiscal quarter quarters for the then most- recently ended four fiscal quarters, of (i) Consolidated Funded Total Debt to (ii) Consolidated EBITDA for the period of four consecutive fiscal quarters ended on such last day to be more greater than 3.50 to 1.001.0.

Appears in 1 contract

Samples: Credit Agreement (American Plumbing & Mechanical Inc)

Total Debt to EBITDA Ratio. The Borrower will not permit the ratio of Adjusted Total Debt as of the last day of any fiscal quarter to Consolidated EBITDA for the period of four consecutive fiscal quarters ended on such last day to be more than 3.50 3.25 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (FMC Technologies Inc)

Total Debt to EBITDA Ratio. The Parent Borrower will not permit the ratio of Adjusted Total Debt as of the last day of any fiscal quarter to Consolidated EBITDA for the period of four consecutive fiscal quarters ended on such last day to be more than 3.50 3.25 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (FMC Technologies Inc)

Total Debt to EBITDA Ratio. The Borrower will shall not permit the ratio of Adjusted its Total Debt to EBITDA Ratio as of the last day of any the end of each fiscal quarter to Consolidated EBITDA for the period of four consecutive fiscal quarters ended on such last day then ending to be more greater than 3.50 to 1.003.00:1.00 commencing with the fiscal quarter ending September 30, 2012.

Appears in 1 contract

Samples: Loan and Security Agreement (Pizza Inn Holdings, Inc /Mo/)

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Total Debt to EBITDA Ratio. The Borrower will not permit the ratio of Adjusted its Total Debt as of to EBITDA Ratio with respect to the four consecutive Fiscal Quarter period ending on the last day of any fiscal quarter to Consolidated EBITDA for the period of four consecutive fiscal quarters ended on such last day Fiscal Quarter to be more greater than 3.50 the ratio set forth below opposite such Fiscal Quarter: Fiscal Year Fiscal Quarter Ratio ----------- -------------- ----- 1999 First 3.0 to 1.00.1 Second 2.9 to 1 Third 2.7 to 1 Fourth 2.5 to 1

Appears in 1 contract

Samples: Revolving Credit Agreement (Minimed Inc)

Total Debt to EBITDA Ratio. The Borrower will Borrowers shall not permit the ratio of Adjusted Total Debt to EBITDA, determined for the Parent and its Subsidiaries on a consolidated basis, as of the last day of any fiscal quarter to Consolidated EBITDA for the period of four consecutive fiscal quarters ended on such last day Fiscal Quarter, to be more greater than 3.50 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Encore Medical Corp)

Total Debt to EBITDA Ratio. The Borrower Parent will not permit the ratio of Adjusted Total Debt as of the last day of any fiscal quarter to Consolidated EBITDA for the period of four consecutive fiscal quarters ended on such last day to be more than 3.50 3.25 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (FMC Technologies Inc)

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