Funded Debt to EBITDA Ratio means on any date the ratio of (a) Total Indebtedness to (b) EBITDA for the period of four consecutive Fiscal Quarters ended on such date (or, if such date is not the last day of a Fiscal Quarter, ended on the last day of the Fiscal Quarter most recently ended prior to such date).
Funded Debt to EBITDA Ratio means as of any date of determination thereof a ratio the numerator of which is Funded Debt as of such date and the denominator of which is EBITDA as of such date, determined on a consolidated basis for Company and its Consolidated Subsidiaries.
Funded Debt to EBITDA Ratio means the ratio of (i) Consolidated Funded Debt determined as of the last day of each fiscal quarter, to (ii) Consolidated EBITDA for the immediately preceding four consecutive fiscal quarters.
Examples of Funded Debt to EBITDA Ratio in a sentence
Thereafter, the applicable Additional Base Rate Interest Margin, Additional Daily Simple RFR Interest Margin, Additional Eurocurrency Interest Margin, Revolving Facility Commitment Fee rate, Letter of Credit Fee rate and Additional Term SOFR Interest Margin shall be (i) based on the VSE Entities’ Total Funded Debt to EBITDA Ratio, calculated in accordance with Section 6.15 of this Agreement, and (ii) determined in accordance with Exhibit 7 attached hereto.
More Definitions of Funded Debt to EBITDA Ratio
Funded Debt to EBITDA Ratio means, at any time, (a) Funded Debt divided by (b) EBITDA for the Calculation Period.
Funded Debt to EBITDA Ratio means, on a consolidated basis, a ratio of Funded Debt to EBITDA. This ratio will be calculated at the end of each reporting period for which the Banks require financial statements from Borrower, using the results of the twelve-month period ending with that reporting period.
Funded Debt to EBITDA Ratio means the ratio of Funded Debt to EBITDA.
Funded Debt to EBITDA Ratio means as of the applicable date, the ratio of (a) Funded Debt to (b) Consolidated EBITDA for the Consolidated Companies, on a consolidated basis.
Funded Debt to EBITDA Ratio means, for any period, the ratio of (i) Funded Debt, to (ii) EBITDA.
Funded Debt to EBITDA Ratio means, as to the Borrower and its Consolidated Subsidiaries for any period, the ratio of (i) Consolidated Funded Debt (as of the last day of such period) to (ii) Consolidated EBITDA for such period. The Funded Debt to EBITDA Ratio shall be measured for a period covering the four (4) fiscal quarters then ended.
Funded Debt to EBITDA Ratio means, as to any Person, the relationship expressed as a numeric ratio, between: