Example ContractsClausesdebt to ebitda ratioVariants
Debt to Ebitda Ratio
Debt to Ebitda Ratio contract clause examples

“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 $200,000,000, to # Consolidated Adjusted EBITDA (for the Company’s most recently completed four fiscal quarters).

Total Debt to EBITDA Ratio” means, as of the last day of any Fiscal Quarter, the ratio of # Total Debt as of that day minus the lesser of # Unrestricted Cash and # $5,000,000 to # EBITDA for the Computation Period ending on that day.

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