Ratio of Total Funded Debt to EBITDA. The Borrower will not permit, as of the last day of any Rolling Period ending on or after June 30, 2011, the ratio of Total Funded Debt as of such day to EBITDA for the Rolling Period ending on such day (or, in the case of the Rolling Periods ending on June 30, 2011, September 30, 2011 and December 31, 2011, Annualized EBITDA) to be greater than 3.75 to 1.0.
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Ratio of Total Funded Debt to EBITDA. The Borrower will not permit, as of the last day of any Rolling Period ending on or after June 30, 20112012, the ratio of Total Funded Debt as of such day to EBITDA for the Rolling Period ending on such day (or, in the case of the Rolling Periods ending on June 30, 20112012, September 30, 2011 2012 and December 31, 20112012, Annualized EBITDA) to be greater than 3.75 3.25 to 1.0.
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Ratio of Total Funded Debt to EBITDA. The Borrower will not permit, as of the last day of any Rolling Period commencing with the Rolling Period ending on or after June 30March 31, 20112017, the ratio of Total Funded Debt as of such day to EBITDA for the Rolling Period ending on such day to be greater than (or, in i) as of the case last day of the Rolling Periods ending on March 31, 2017 and June 30, 20112017, September 30, 2011 and December 31, 2011, Annualized EBITDA) 5.75 to be greater than 3.75 to 1.0.1.00,
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Ratio of Total Funded Debt to EBITDA. The Borrower will not permit, as of the last day of any Rolling Period ending on or after June 30, 2011Period, the ratio of Total Funded Debt as of such day to EBITDA for the Rolling Period ending on such day (or, in the case of the Rolling Periods Period ending on June 30, 2011, September 30, 2011 and December 31, 2011, Annualized EBITDA) to be greater than 3.75 to 1.0.
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