Ratio of Total Debt to EBITDA. The Borrower will not, at ----------------------------- any time, permit the Borrower's ratio of Total Debt as of the last day of any fiscal quarter to annualized EBITDA as of such time to be greater than 2.00:1.00. The foregoing ratio shall be annualized by multiplying EBITDA by four.
Appears in 5 contracts
Sources: Credit Agreement (Us Energy Corp), Credit Agreement (Crested Corp), Credit Agreement (Crested Corp)