Common use of Consolidated Adjusted EBITDA to Consolidated Interest Expense Clause in Contracts

Consolidated Adjusted EBITDA to Consolidated Interest Expense. For each period of four consecutive fiscal quarters of the Company, Consolidated Adjusted EBITDA shall equal or exceed the percentage set forth in the table below of Consolidated Interest Expense. Quarter Ending Percentage -------------- ---------- 3/31/05 and 6/30/05 125% 9/30/05 and thereafter 150%

Appears in 1 contract

Samples: Credit Agreement (American Biltrite Inc)

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Consolidated Adjusted EBITDA to Consolidated Interest Expense. For each period of four consecutive fiscal quarters of the Company, Consolidated Adjusted EBITDA shall equal or exceed the percentage set forth in the table below of Consolidated Interest Expense. Quarter Ending Percentage -------------- ---------- 3/31/05 9/30/03 60% 12/31/03 80% 3/31/04 70% 6/30/04 and 6/30/05 1259/30/04 100% 9/30/05 12/31/04 and thereafter 150%"

Appears in 1 contract

Samples: Credit Agreement (American Biltrite Inc)

Consolidated Adjusted EBITDA to Consolidated Interest Expense. For each period of four consecutive fiscal quarters of the Company, Consolidated Adjusted EBITDA shall equal or exceed the percentage set forth in the table below of Consolidated Interest Expense. Quarter Ending Percentage -------------- ---------- 3/31/05 and 6/30/05 1259/30/03 60% 9/30/05 12/31/03 80% 3/31/04 70% 6/30/04 and thereafter 150100%

Appears in 1 contract

Samples: Credit Agreement (American Biltrite Inc)

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Consolidated Adjusted EBITDA to Consolidated Interest Expense. For each period of four consecutive fiscal quarters of the Company, Consolidated Adjusted EBITDA shall equal or exceed the percentage set forth in the table below of Consolidated Interest Expense. Quarter Ending Percentage -------------- ---------- 9/30/03 60% 12/31/03 80% 3/31/04 70% 6/30/04 and 9/30/04 100% 12/31/04 and 3/31/05 and 6/30/05 125% 9/30/05 and thereafter 150%"

Appears in 1 contract

Samples: Credit Agreement (American Biltrite Inc)

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