Ratio of Consolidated Adjusted Debt to Annualized Consolidated EBITDAR Sample Clauses

Ratio of Consolidated Adjusted Debt to Annualized Consolidated EBITDAR. (divide line 1(e) by line 2(d)) $___________ (1) To extent issuer of minority interest is obligated to pay debt service on loans from Affiliates before making distributions. (2) Do not multiply losses of an extraordinary nature, included in Consolidated Net Income in line 2(a) above, by two. Not greater than: RATIO OF CONSOLIDATED ADJUSTED SENIOR DEBT TO 4.0 to 1.0 through 12/31/00 ANNUALIZED CONSOLIDATED EBITDAR (SECTION 6.10 OF 3.75 to 1.0 through 6/30/01 THE LESSEE CREDIT AGREEMENT) 3.50 to 1.0 thereafter 1. Consolidated Adjusted Senior Debt (a) Consolidated Adjusted Debt (from prior page) $___________ (b) Subordinated Debt $___________ (c) Consolidated Adjusted Senior Debt subtract line 1(b) from 1(a) $___________ 2. Annualized Consolidated EBITDAR (from prior page) $___________
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Related to Ratio of Consolidated Adjusted Debt to Annualized Consolidated EBITDAR

  • Maximum Consolidated Leverage Ratio The Consolidated Leverage Ratio at any time may not exceed 0.75 to 1.00; and

  • Minimum Consolidated EBITDA The Borrower will not permit Modified Consolidated EBITDA, for any Test Period ending at the end of any fiscal quarter of the Borrower set forth below, to be less than the amount set forth opposite such fiscal quarter: Fiscal Quarter Amount September 30, 1997 $36,000,000 December 31, 1997 $36,000,000 March 31, 1998 $36,000,000 June 30, 1998 $37,000,000 September 30, 1998 $37,000,000 December 31, 1998 $38,000,000 March 31, 1999 $38,000,000 June 30, 1999 $39,000,000 September 30, 1999 $40,000,000 December 31, 1999 $41,000,000 March 31, 2000 $41,000,000 June 30, 2000 $42,000,000 September 30, 2000 $43,000,000 December 31, 2000 $44,000,000 March 31, 2001 $44,000,000 June 30, 2001 $45,000,000 September 30, 2001 $46,000,000 December 31, 2001 $47,000,000 March 31, 2002 $47,000,000

  • Consolidated Net Leverage Ratio Permit the Consolidated Net Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 4.50:1.00.

  • Consolidated Leverage Ratio Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 2.50 to 1.0.

  • Minimum Consolidated Interest Coverage Ratio Permit the Consolidated Interest Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 3.25 to 1.00.