Debt Ratio

Debt Ratio. Shall mean, as at any date (but subject in any event to the provisions of Section 8.10(e) hereof), the ratio of: (a) the sum of the aggregate amount of all Indebtedness of the Company and its Restricted Subsidiaries and all letters of credit contemplated by Section 8.07(e) hereof; but excluding all performance bonds contemplated by said Section as at such date minus, for purposes o Section 8.10(b) only (and not for purposes of the definition of "Applicable Margin"), for any date... on or before March 30, 2000, $20,000,000 to (b) the product of EBITDA for the fiscal quarter ending on, or most recently ended prior to such date times four. View More