Common use of Maximum Total Debt to EBITDA Ratio Clause in Contracts

Maximum Total Debt to EBITDA Ratio. As of the end of any Fiscal Quarter fail to maintain on a consolidated basis a ratio of (y)Total Debt to (z) EBITDA of not greater than Measured as of the Maximum Ratio Fiscal Quarter ending December 31, 1998 3.50 March 31, 1999 3.50 June 30, 1999 4.10 September 30, 1999 3.50 December 31, 1999 3.00 March 31, 2000 2.75 June 30, 2000 2.50 September 30, 2000 2.25 December 31, 2000 and thereafter 2.00

Appears in 1 contract

Sources: Credit Agreement (Eftc Corp/)

Maximum Total Debt to EBITDA Ratio. As of the end of any Fiscal Quarter fail to maintain on a consolidated basis a ratio of (y)Total Debt to (z) Trailing Four Quarter EBITDA of not greater than Measured as of the Maximum Ratio Fiscal Quarter ending December 31, 1998 3.50 March 31, 1999 3.50 June 30, 1999 4.10 September 30, 1999 3.50 December 31, 1999 3.00 2.75 March 31, 2000 2.75 June 30, 2000 2.50 2.75 September 30, 2000 2.25 2.75 December 31, 2000 2.50 March 31, 2001 and thereafter 2.00

Appears in 1 contract

Sources: Credit Agreement (Eftc Corp/)