Ratio of Total Funded Debt to EBITDA. The Company will not permit its ratio of Total Funded Debt as of the end of any fiscal quarter to EBITDA for the four fiscal quarters ending on such date to be greater than 4.25 to 1.0. For purposes hereof, EBITDA shall be calculated as provided in Section 9.13 above.
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Sources: Senior Subordinated Note Purchase Agreement (Castle Dental Centers Inc)
Ratio of Total Funded Debt to EBITDA. The Company will not permit its ratio of Total Funded Debt as of the end of any fiscal quarter to EBITDA for the four fiscal quarters ending on such date to be greater than the ratio for the relevant periods set forth below: PERIOD ENDING RATIO -------------------------------------------------------------- March 31, 2000 5.00 to 1.00 June 30, 2000 5.00 to 1.00 September 30, 2000 4.75 to 1.00 December 31, 2000 and thereafter 4.25 to 1.0. For purposes hereof, EBITDA shall be calculated as provided in Section 9.13 above1.00.
Appears in 1 contract
Sources: Senior Subordinated Note Purchase Agreement (Castle Dental Centers Inc)
Ratio of Total Funded Debt to EBITDA. The Company Borrower will not permit its the ratio of Total Funded Debt to EBITDA as of the end last day of any fiscal quarter to EBITDA quarter, commencing December 31, 1997, for the period of four consecutive fiscal quarters ending on such date that day, to be greater than 4.25 exceed 3.00 to 1.0. For purposes hereof, EBITDA shall be calculated as provided in Section 9.13 above1.00.
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