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

Ratio of Total Funded Debt to EBITDA. The Company and its Subsidiaries shall not permit the ratio of Funded Debt on any date to EBITDA for the most recent four quarter period for which financial statements have been delivered pursuant to Sections 6.1(a) and 6.1

Appears in 1 contract

Sources: Note and Warrant Purchase Agreement (Specialty Catalog Corp)

Ratio of Total Funded Debt to EBITDA. The Company and its Subsidiaries shall not permit the ratio of Funded Debt on any date to EBITDA for the most recent four quarter period for which financial statements have been delivered pursuant to Sections 6.1(a) and 6.16.1(c) to be greater than [to be inserted].

Appears in 1 contract

Sources: Note and Warrant Purchase Agreement (Specialty Catalog Corp)