Funded Debt to EBITDA Ratio2 Sample Clauses

Funded Debt to EBITDA Ratio2. 1. Funded Debt a. Outstanding Principal Amount of Interest- $______ Bearing Indebtedness (including Capital Leases) b. Undrawn Amount of Outstanding Letters of $______ Credit (including the LCs) ======= c. Subtotal (Lines a and b) $______ Minus: d. LCs or Indemnity Obligations Issued to $______ Support other Indebtedness e. Class A or B Units subject to $______ Redemption Rights f. Obligations under Deferred Compensation Plans $______ ======= g. Subtotal (Lines d through f) $______ h. Funded Debt (Line c – Line g) $______ 2. EBITDA a. Net Income $______ Plus: b. Income Taxes $______ c. Interest Expense $______ d. Depreciation Expense $______
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Related to Funded Debt to EBITDA Ratio2

  • Funded Debt to EBITDA Ratio To maintain on a consolidated basis a ratio of Funded Debt to EBITDA not exceeding 3.0:1.0.

  • Debt to EBITDA Ratio Maintain, as of the end of each fiscal quarter, a ratio of (i) Debt, excluding Debt in respect of Hedge Agreements, as of such date to (ii) Consolidated EBITDA of the Company and its Consolidated Subsidiaries for the period of four fiscal quarters most recently ended, of not greater than 4.0 to 1.0.

  • Total Debt to EBITDA Ratio Not permit the Total Debt to EBITDA Ratio as of the last day of any Computation Period to exceed 3.25 to 1.00.

  • Funded Debt to EBITDA Maintain, tested on the last day of each fiscal quarter, a ratio of (i) Funded Debt of Borrower as of the last day of such fiscal quarter to (ii) EBITDA for the four (4) consecutive fiscal quarters of Borrower then ended, not greater than 3.25 to 1.

  • Funded Debt Ratio Maintain its Funded Debt Ratio at not greater than (a) 3.75 to 1.00 at each fiscal quarter ending through and including December 31, 2003, (b) 3.50 to 1.00 as of March 31, 2004 and June 30, 2004, (c) 3.00 to 1.00 as of September 30, 2004, (b) 2.50 to 1.00 as of December 31, 2004 and at each fiscal quarter ending thereafter through and including September 30, 2005, and (c) 2.00 to 1.00 as of December 31, 2005 and as of each fiscal quarter ending thereafter.