Total Debt to EBITDA Ratio. The Company shall not permit the Total Debt to EBITDA Ratio for any Computation Period to be greater than 3.25 to 1 or, with respect to no more than four consecutive Computation Periods following a Material Acquisition, 3.50 to 1.
Appears in 3 contracts
Samples: Term Loan Credit Agreement (Snyder's-Lance, Inc.), Credit Agreement (Snyder's-Lance, Inc.), Second Amendment (Snyder's-Lance, Inc.)
Total Debt to EBITDA Ratio. The Company shall not permit the Total Debt to EBITDA Ratio to be greater than (i) for each Computation Period ending on or prior to the third anniversary of the Effective Date, 3.00 to 1, and (ii) for any Computation Period to be greater than 3.25 to 1 orending thereafter, with respect to no more than four consecutive Computation Periods following a Material Acquisition, 3.50 2.50 to 1.
Appears in 2 contracts
Samples: Credit Agreement (Lance Inc), Credit Agreement (Lance Inc)
Total Debt to EBITDA Ratio. The Company shall not permit the Total Debt to EBITDA Ratio for any Computation Period to be greater than 3.25 to 1 or, with respect to no more than four consecutive Computation Periods following a Material Acquisition, 3.50 3.00 to 1.
Appears in 2 contracts
Samples: Credit Agreement (Lance Inc), Credit Agreement (Lance Inc)
Total Debt to EBITDA Ratio. The Company Borrower shall not permit the Total Debt to EBITDA Ratio for any Computation Period to be greater than 3.25 3.50 to 1 or, with respect to no more than four consecutive Computation Periods following a Material Acquisition, 3.50 3.75 to 1.
Appears in 1 contract
