Debt to. EBITDA ratio The ratio of Debt to EBITDA on a trailing twelve (12) month’s basis shall not at any time exceed 5.5:1.
Appears in 2 contracts
Sources: Secured Multi Currency Reducing Revolving Credit Facility Agreement (Safe Bulkers, Inc.), Credit Facility Agreement (Safe Bulkers, Inc.)
Debt to. EBITDA ratio The ratio of Debt to EBITDA on a trailing twelve (12) month’s 's basis shall not at any time exceed 5.5:1.
Appears in 1 contract
Sources: Secured Reducing Revolving Multi Currency Credit Facility Agreement (Safe Bulkers, Inc.)