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English to Polish translations [PRO] Bus/Financial - Finance (general)
English term or phrase:drop of ratios
Upon the request of the Lenders, the Borrower shall immediately prepay the Facility if the ratio of the Financial Indebtedness to EBITDA calculated before the Merger on the consolidated basis (the Borrower and the Company)
a) exceeds the level of 4.75 in respect of 6-month annualized period (second half of 2006) ending December 31, 2006;
or after the Merger, on the basis of the Borrower's financial statements:
b) exceeds ...
In such case the Borrower has to repay Facility with the amount sufficient to improve the ratio to the required level.