Example ContractsClausesdebt to ebitda ratioVariants
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“Debt to Adjusted EBITDA Ratio” means the ratio of (i) (a) Consolidated Debt (as of the end of any fiscal quarter of the Company) minus # unrestricted cash and Cash Equivalent Investments of the Company and its Subsidiaries at such time not in excess of ​, to # Consolidated Adjusted EBITDA (for the Company’s most recently completed four fiscal quarters).

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“Total Debt to Adjusted EBITDA Ratio” meansRatio” means, as of the last day of any Fiscal Quarter, the ratio of (i) (a) Consolidated# Total Debt (asas of that day minus the endlesser of any fiscal quarter of the Company) minus # unrestricted cashUnrestricted Cash and Cash Equivalent Investments of the Company and its Subsidiaries at such time not in excess of# ​, to # Consolidated Adjusted EBITDA (forfor the Company’s most recently completed four fiscal quarters).Computation Period ending on that day.

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