Example ContractsClausesfunded indebtednessIdentical
Funded Indebtedness
Funded Indebtedness contract clause examples

Funded Indebtedness to EBITDA Ratio. The Borrower will not permit the Funded Indebtedness to EBITDA Ratio on the last day of any fiscal quarter to be greater than two to one (2.00:1).

Paycom Software, Inc. (PAYC) (CIK 0001590955)
Source: SEC EDGAR database • Date: May 3, 2018 • SIC: 7372 • CIK: 7372

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.