“Net Leverage Ratio” means, with respect to any Test Period, the ratio of # Consolidated Net Debt as of the last day of such Test Period to # Consolidated EBITDA of the for such Test Period.
“Total Net Leverage Ratio” means, with respect to any Test Period, the ratio of # Consolidated Net Debt as of the last day of such Test Period to # Consolidated Adjusted EBITDA of the for such Test Period.
“Secured Net Leverage Ratio” means, with respect to any Test Period, the ratio of # Consolidated Secured Net Debt outstanding as of the last day of such Test Period to # Consolidated Adjusted EBITDA of the for such Test Period.
“Total Net Leverage Ratio” means the ratio, as of any date of determination, of (a) (i) Consolidated Total Debt outstanding as of the last day of the most recently ended Test Period minus # Qualified Cash as of the last day of the most recently ended Test Period to # Consolidated Adjusted EBITDA for the most recently ended Test Period, in each case of the Corporation and its Subsidiaries on a consolidated basis.
“Consolidated Total Net Leverage Ratio” means, with respect to any Test Period, the ratio of # Consolidated Total Net Debt as of the last day of such Test Period to # Consolidated EBITDA of Holdings, the Lead Borrower and its Restricted Subsidiaries for such Test Period.
“First Lien Net Leverage Ratio” means, with respect to any Test Period, the ratio of # Consolidated Secured Net Debt under the Facilities and any Pari Passu Lien Debt outstanding as of the last day of such Test Period to # Consolidated Adjusted EBITDA of the for such Test Period.
“Total Leverage Ratio” means, as of any date of determination, the ratio of # Consolidated Total Debt as of the last day of the Test Period most recently ended on or prior to such date of determination to # Consolidated EBITDA for such Test Period.
“Leverage Ratio” means, for any Testing Period, the ratio of # Consolidated Total Debt as of the last date of such Testing Period to # Consolidated EBITDA for such Testing Period.
“Consolidated Secured Net Leverage Ratio” means, with respect to any Test Period, the ratio of # Consolidated Secured Net Debt as of the last day of such Test Period to # Consolidated EBITDA of Holdings, the Lead Borrower and its Restricted Subsidiaries for such Test Period.
“Consolidated Leverage Ratio” means, for any period, the ratio of # Net Debt for Borrowed Money of the and its Subsidiaries as of the end of such period to # Consolidated EBITDA of the and its Subsidiaries for such period.
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