Common use of Total Debt to EBITDA Ratio Clause in Contracts

Total Debt to EBITDA Ratio. Not permit the Total Debt to EBITDA Ratio as of the last day of any Computation Period to exceed the applicable ratio set forth below for such Computation Period: COMPUTATION TOTAL DEBT TO PERIOD ENDING EBITDA RATIO ------------- ------------ July 31, 2004 3.30 to 1.00 October 31, 2004 3.30 to 1.00 January 31, 2005 and each Fiscal Quarter ending thereafter 3.00 to 1.00

Appears in 1 contract

Samples: Credit Agreement (Uti Worldwide Inc)

AutoNDA by SimpleDocs

Total Debt to EBITDA Ratio. Not permit the Total Debt to EBITDA Ratio as of the last day of any Computation Period, commencing with the Computation Period ending June 30, 2012, to exceed the applicable ratio set forth below for such Computation Period: COMPUTATION TOTAL DEBT TO PERIOD ENDING EBITDA RATIO ------------- ------------ July 31, 2004 3.30 to 1.00 October 31, 2004 3.30 to 1.00 January 31, 2005 and each Fiscal Quarter ending thereafter 3.00 to 1.003.25:1.0.

Appears in 1 contract

Samples: Credit Agreement (Performant Financial Corp)

Total Debt to EBITDA Ratio. Not permit the Total Debt to EBITDA Ratio as of the last day of any Computation Period to exceed the applicable ratio set forth below for such Computation Period: COMPUTATION TOTAL DEBT TO PERIOD ENDING Computation Period Ending Total Debt to EBITDA RATIO ------------- ------------ July Ratio March 31, 2004 3.30 to 1.00 October 312008 1.40:1.00 June 30, 2004 3.30 to 1.00 January 312008 1.30:1.00 September 30, 2005 2008 and the last day of each Fiscal Quarter ending thereafter 3.00 to 1.001.25:1.00

Appears in 1 contract

Samples: Credit Agreement (Rosetta Stone Inc)

Total Debt to EBITDA Ratio. Not permit the Total Debt to EBITDA Ratio as of the last day of any Computation Period to exceed the applicable ratio set forth below for such Computation Period: COMPUTATION TOTAL DEBT TO PERIOD ENDING Computation Total Debt to Period Ending EBITDA RATIO ------------- ------------ July 31, 2004 3.30 Ratio 3/31/05 2.25 to 1.00 October 31, 2004 3.30 6/30/05 2.00 to 1.00 January 31, 2005 12/31/05 and each Fiscal Quarter ending thereafter 3.00 1.75 to 1.00

Appears in 1 contract

Samples: Credit Agreement (Reinhold Industries Inc/De/)

Total Debt to EBITDA Ratio. Not permit the Total Debt to EBITDA Ratio as of the last day of any Computation Period ending during any period set forth below to exceed the applicable ratio set forth below for opposite such Computation Periodperiod: COMPUTATION TOTAL DEBT TO PERIOD ENDING Period Total Debt to EBITDA RATIO ------------- ------------ July Ratio Closing Date through March 30, 2004 2.50 to 1.00 March 31, 2004 3.30 through June 29, 2004 2.25 to 1.00 October 31June 30, 2004 3.30 to 1.00 January 31, 2005 and each Fiscal Quarter ending thereafter 3.00 2.00 to 1.00

Appears in 1 contract

Samples: Credit Agreement (Ptek Holdings Inc)

Total Debt to EBITDA Ratio. Not permit the Total Debt to EBITDA Ratio as of the last day of any Computation Period to exceed the applicable ratio set forth below for such Computation Period: COMPUTATION TOTAL DEBT TO PERIOD ENDING Computation Period Ending Total Debt to EBITDA RATIO ------------- ------------ July 31Ratio Initially 3.00:1.00 June 30, 2004 3.30 to 1.00 October 312007 2.75:1.00 June 30, 2004 3.30 to 1.00 January 31, 2005 2008 (and each Fiscal Quarter ending thereafter 3.00 to 1.00subsequent period) 2.50:1.00

Appears in 1 contract

Samples: Credit Agreement (MPW Industrial Services Group Inc)

Total Debt to EBITDA Ratio. Not permit the Total Debt to EBITDA Ratio as of the last day of any Computation Period to exceed the applicable ratio set forth below for such Computation Period: COMPUTATION TOTAL DEBT TO PERIOD ENDING Computation Maximum Total Debt to EBITDA RATIO Period Ending Ratio ------------- ------------ July 31, 2004 3.30 ----- 12/31/05 4.75 to 1.00 October 31, 2004 3.30 3/31/06 4.75 to 1.00 January 31, 2005 6/30/06 4.75 to 1.00 9/30/06 4.50 to 1.00 12/31/06 4.50 to 1.00 3/31/07 and each Fiscal Quarter ending thereafter 3.00 4.00 to 1.00

Appears in 1 contract

Samples: Credit Agreement (Standard Parking Corp)

AutoNDA by SimpleDocs

Total Debt to EBITDA Ratio. Not permit the Total Debt to EBITDA Ratio as of the last day of any Computation Period to exceed the applicable ratio set forth below for such Computation Period: COMPUTATION TOTAL DEBT TO PERIOD ENDING Computation Period Ending Maximum Total Debt to EBITDA RATIO ------------- ------------ July 31, 2004 3.30 Ratio 6/30/04 5.00 to 1.00 October 31, 2004 3.30 9/30/04 5.00 to 1.00 January 31, 2005 and each Fiscal Quarter ending thereafter 3.00 12/31/04 5.00 to 1.00 3/31/05 5.00 to 1.00 6/30/05 5.00 to 1.00 9/30/05 5.00 to 1.00 12/31/05 4.50 to 1.00 3/31/06 4.50 to 1.00 6/30/06 4.50 to 1.00 9/30/06 4.50 to 1.00 12/31/06 4.00 to 1.00 3/31/07 4.00 to 1.00

Appears in 1 contract

Samples: Credit Agreement (Standard Parking Corp)

Total Debt to EBITDA Ratio. Not Borrower shall not permit the Total Debt to EBITDA Ratio as of the last day of any Computation Period Periods specified below to exceed the applicable ratio set forth below for such Computation Period: COMPUTATION TOTAL DEBT TO PERIOD ENDING Computation Period Ending Total Debt to EBITDA RATIO ------------- ------------ July 31Ratio June 30, 2004 3.30 to 1.00 October 312008 2.50:1.0 September 30, 2004 3.30 to 1.00 January 31, 2005 2008 and each Fiscal Quarter ending fiscal quarter end thereafter 3.00 to 1.002.25:1.0

Appears in 1 contract

Samples: Loan and Security Agreement (Cobra Electronics Corp)

Total Debt to EBITDA Ratio. Not permit the Total Debt to EBITDA Ratio as of the last day of any Computation Period to exceed the applicable ratio set forth below for such Computation Period: COMPUTATION TOTAL DEBT TO PERIOD ENDING Computation Period Ending Total Debt to EBITDA RATIO ------------- ------------ July Ratio September 30, 2000 and December 31, 2004 3.30 2000 2.50 to 1.00 October March 31, 2004 3.30 2001 and June 30, 2001 2.25 to 1.00 January 31, 2005 and each Fiscal Quarter ending At any time thereafter 3.00 2.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Fargo Electronics Inc)

Total Debt to EBITDA Ratio. Not permit the Total Debt to EBITDA Ratio as of the last day of any Computation Period (other than the Computation Periods ending December 31, 2007 and March 31, 2008) to exceed 2.50:100, and not permit the applicable ratio set forth below for such Total Debt to Adjusted EBITDA as of the last day of the Computation Period: COMPUTATION TOTAL DEBT TO PERIOD ENDING EBITDA RATIO ------------- ------------ July Periods ending December 31, 2004 3.30 to 1.00 October 2007 and March 31, 2004 3.30 2008 to 1.00 January 31, 2005 and each Fiscal Quarter ending thereafter 3.00 exceed 2.50 to 1.00.”

Appears in 1 contract

Samples: Credit Agreement (Westell Technologies Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.