Debt to Adjusted EBITDA. Permit the ----------------------- Debt to Adjusted EBITDA Ratio to exceed: (1) at any time on or prior to June 30, 2001, 3.50 to 1.00; (2) at any time from (and including) July 1, 2001 to (and including) December 30, 2001, 3.75 to 1.00; and (3) at any time from and after December 31, 2001, 3.50 to 1.00.
Appears in 2 contracts
Sources: Credit Agreement (Solutia Inc), 364 Day Multi Currency Credit Agreement (Solutia Inc)
Debt to Adjusted EBITDA. Permit the ----------------------- Debt to ----------------------- Adjusted EBITDA Ratio to exceed:
(1) at any time on or prior to June 30(and including) December 31, 2001, 3.50 5.00 to 1.00;1; and
(2) at any time from (and including) July after January 1, 2001 2002, 5.50 to (and including) December 30, 2001, 3.75 to 1.00; and
(3) at any time from and after December 31, 2001, 3.50 to 1.001.
Appears in 1 contract
Sources: Credit Agreement (Solutia Inc)