Maximum Total Debt to EBITDA Ratio. Maintain, as of the end of each fiscal month, a ratio of Total Debt to Consolidated EBITDA of Parent and its Subsidiaries for the period of twelve fiscal months ending at the end of each such fiscal month of not greater than the amount set forth below for each fiscal month ending during the period set forth below: TWELVE FISCAL MONTH PERIOD ENDING ON OR ABOUT RATIO --------------------------------------------- --------- June 30, 1997 - August 31, 1997 3.25:1.00 September 30, 1997 - May 31, 1999 3.00:1.00 June 30, 1999 and thereafter 2.75:1.00
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Maximum Total Debt to EBITDA Ratio. Maintain, as of the end of each fiscal monthperiod of four Fiscal Quarters, a ratio of Total Debt to Consolidated EBITDA of Parent and its Subsidiaries for the such period of twelve fiscal months ending at the end of each such fiscal month four Fiscal Quarters of not greater than the amount set forth below for each fiscal month ending during the period set forth below: TWELVE FISCAL MONTH PERIOD ENDING ON OR ABOUT RATIO --------------------------------------------- --------- Four Fiscal Quarter Period Ending On or About Ratio ------------------------- ----- June 30, 1997 - August 31, 1997 3.25:1.00 September 30, 1997 - May 3.00:1.00 December 31, 1999 1997 3.00:1.00 March 31, 1998 3.00:1.00 June 30, 1999 1998 3.00:1.00 September 30, 1998 and thereafter 2.75:1.00
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Maximum Total Debt to EBITDA Ratio. Maintain, as of the end of each fiscal month, a ratio of Total Debt to Consolidated EBITDA of Parent and its Subsidiaries for the such period of twelve fiscal months ending at the end of each such fiscal month of not greater than the amount set forth below for each fiscal month ending during the period set forth below: TWELVE FISCAL MONTH PERIOD ENDING ON OR ABOUT RATIO --------------------------------------------- --------- Twelve Fiscal Month Period Ending on or About Ratio --------------------------- ----- June 30, 1997 - August 31, 1997 3.25:1.00 September 30, 1997 - May August 31, 1999 1998 3.00:1.00 June September 30, 1999 1998 and thereafter 2.75:1.00
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