Common use of Debt to EBITDA Ratio Clause in Contracts

Debt to EBITDA Ratio. Debt USD[ ] ÷ EBITDA USD[ ] =Debt to EBITDA ratio [ ] [maximum 5.5:1]

Appears in 2 contracts

Sources: Secured Reducing Revolving Multi Currency Credit Facility Agreement (Safe Bulkers, Inc.), Secured Multi Currency Reducing Revolving Credit Facility Agreement (Safe Bulkers, Inc.)

Debt to EBITDA Ratio. Debt USDUSD [ ] ÷ EBITDA USD÷EBITDA USD [ ] =Debt to EBITDA ratio [ %] [maximum 5.5:1]

Appears in 1 contract

Sources: Secured Reducing Revolving Multi Currency Credit Facility Agreement (Safe Bulkers, Inc.)

Debt to EBITDA Ratio. Debt USD[ ] ÷ EBITDA USD[ ] == Debt to EBITDA ratio [ %] [maximum 5.5:1]

Appears in 1 contract

Sources: Secured Reducing Revolving Multi Currency Credit Facility Agreement (Safe Bulkers, Inc.)

Debt to EBITDA Ratio. Debt USD[ ] ÷ / EBITDA USD[ ] == Debt to EBITDA ratio [ ] [maximum 5.5:1]

Appears in 1 contract

Sources: First Supplemental Agreement to a Secured Reducing Revolving Multi Currency Credit Facility Agreement (Safe Bulkers, Inc.)