Total Debt to EBITDA Ratio definition

Total Debt to EBITDA Ratio means, as of the last day of any Fiscal Quarter, the ratio of (a) Total Debt as of that day minus the lesser of (i) Unrestricted Cash and (ii) $5,000,000 to (b) EBITDA for the Computation Period ending on that day.

Total Debt to EBITDA Ratio means, at any date of determination, the ratio of (a) Consolidated Total Debt as of such date to (b) Consolidated EBITDA for the period of four consecutive fiscal quarters of the Company ending on, or most recently ending as of, such date.

Total Debt to EBITDA Ratio means, for any Computation Period, the ratio of (a) Total Indebtedness as of the last day of such Computation Period, to (b) EBITDA for such Computation Period.

Examples of Total Debt to EBITDA Ratio in a sentence

• ANNEX A PRICING AND FEE SCHEDULE Level I Level II Level III Total Debt to EBITDA Ratio: [Redacted] [Redacted] [Redacted] Bankers’ Acceptances / LIBOR Loans and Financial Letters of Credit [Redacted] [Redacted] [Redacted] Canadian Prime Rate Loans and U.S. Base Rate Loans [Redacted] [Redacted] [Redacted] Standby Fee [Redacted] [Redacted] [Redacted] * The foregoing interest rates and fees shall increase by [Redacted] during the continuance of an Event of Default.

• The Borrower, on a Modified Consolidated Basis, will ensure that the Total Debt to EBITDA Ratio determined as at the last day of each Fiscal Quarter is not greater than 3.75:1, in respect of the immediately preceding Four Quarter Period.

• The Company will not, at any time, permit the Total Debt to EBITDA Ratio to be greater than[ (a) for the period from the First Amendment Effective Date to and including March 30, 2016, 3.25 to 1.00 and (b) from and including March 31, 2016,] 3.00 to 1.00.

• On the Computation Date, the Total Debt to EBITDA Ratio, which is required to be not more than ____ to 1.0 was ____ to 1.0, as computed in the supporting documents attached hereto as Schedule 3.

• Section 6.1 Total Debt to EBITDA Ratio 72 Section 6.2 Fixed Charge Coverage Ratio 72 Article VII.

More Definitions of Total Debt to EBITDA Ratio

Total Debt to EBITDA Ratio means, as of the last day of any Fiscal Quarter, the ratio of (a) Total Debt as of such day to (b) EBITDA for the Computation Period ending on such day.

Total Debt to EBITDA Ratio means in respect of any Computation Period the ratio of (a) Total Debt minus Restricted Cash, as at the end of such Computation Period, to (b) Consolidated EBITDA for such Computation Period.

Total Debt to EBITDA Ratio means, at any date of determination, the ratio of (a) Total Debt minus Unrestricted Cash in excess of $50,000,000, to (b) EBITDA.

Total Debt to EBITDA Ratio means, at the time such ratio is calculated, the ratio of (a) Total Debt at such time to (b) EBITDA for the most recent period of four consecutive fiscal quarters of the Company ended at or prior to such time. Solely for purposes of this definition, (i) if the Company or any of its consolidated subsidiaries shall have completed an acquisition of all or a substantial part of the assets, or a going concern business or division, of any Person, or (ii) if the Company shall have merged with any Person during such period or (iii) the Company or any of its consolidated subsidiaries shall have disposed of all or a substantial part of its assets or a going concern business or division, in each case, EBITDA for the relevant period shall be determined on a pro forma basis as if such acquisition, disposition or merger, and the incurrence of any related Indebtedness, had occurred on the first day of such period.

Total Debt to EBITDA Ratio means, for any Four Quarter Period, the ratio of Total Debt as at the last day of the applicable Four Quarter Period to EBITDA in respect of such Four Quarter Period.

Total Debt to EBITDA Ratio means, as of the last day of any Fiscal Quarter, the ratio of:

Total Debt to EBITDA Ratio means, at any date of determination, the ratio of (a) Consolidated Total Debt as of such date to (b) Consolidated EBITDA for the four consecutive fiscal quarters of the Sponsor ending on such date.