Common use of Debt to EBITDA Ratio Clause in Contracts

Debt to EBITDA Ratio. Maintain, as of the end of each fiscal quarter, a ratio of Debt for Borrowed Money to Consolidated EBITDA of the Company and its Consolidated Subsidiaries for the four quarters then ended of not greater than 3.5 to 1.

Appears in 4 contracts

Sources: 364 Day Credit Agreement (Interpublic Group of Companies Inc), 364 Day Credit Agreement (Interpublic Group of Companies Inc), Credit Agreement (Interpublic Group of Companies Inc)