Common use of Consolidated Cash Interest Coverage Ratio Clause in Contracts

Consolidated Cash Interest Coverage Ratio. Permit the Consolidated Cash Interest Coverage Ratio as of the last day of any Test Period to be less than the ratio set forth below opposite the last fiscal quarter of such Test Period: Fiscal YearQuarter Ending First QuarterConsolidated Cash Interest Coverage Ratio Second Quarter Third Quarter Fourth Quarter March 31, 2017 --- --- --- 2.00:1.00 March 31, 2018 2.00:1.00 2.00:1.00 2.00:1.00 2.25:1.00 After March 31, 2018June 30, 2021 and thereafter 2.25:1.00 2.25:1.00 2.25:1.00 2.25:1.00

Appears in 1 contract

Samples: Term Loan Credit Agreement (Prestige Consumer Healthcare Inc.)

AutoNDA by SimpleDocs

Consolidated Cash Interest Coverage Ratio. Permit the Consolidated Cash Interest Coverage Ratio as of the last day of any Test Period (commencing with the Test Period ending September 30, 2016) to be less than the ratio set forth below opposite the last fiscal quarter of such Test Period: Fiscal YearQuarter Ending First QuarterConsolidated Cash Interest Coverage Ratio Second Quarter Third Quarter Fourth Quarter March 31, 2017 --- --- --- 2.00:1.00 March 31, 2018 2.00:1.00 2.00:1.00 2.00:1.00 2.25:1.00 After March 31, 2018June 30, 2021 and thereafter 2.25:1.00 2.25:1.00 2.25:1.00 2.25:1.003.00:1.00.

Appears in 1 contract

Samples: Credit Agreement (Mercury Systems Inc)

Consolidated Cash Interest Coverage Ratio. Permit the Consolidated Cash Interest Coverage Ratio as of the last day of any Test Period (commencing with the Test Period ending July 1, 2022) to be less than the ratio set forth below opposite the last fiscal quarter of such Test Period: Fiscal YearQuarter Ending First QuarterConsolidated Cash Interest Coverage Ratio Second Quarter Third Quarter Fourth Quarter March 31, 2017 --- --- --- 2.00:1.00 March 31, 2018 2.00:1.00 2.00:1.00 2.00:1.00 2.25:1.00 After March 31, 2018June 30, 2021 and thereafter 2.25:1.00 2.25:1.00 2.25:1.00 2.25:1.003.00:1.00. (b)

Appears in 1 contract

Samples: Credit Agreement (Mercury Systems Inc)

Consolidated Cash Interest Coverage Ratio. Permit the Consolidated Cash Interest Coverage Ratio as of the last day of any Test Period (commencing with the Test Period ending July 1, 2022) to be less than the ratio set forth below opposite the last fiscal quarter of such Test Period: Fiscal YearQuarter Ending First QuarterConsolidated Cash Interest Coverage Ratio Second Quarter Third Quarter Fourth Quarter March 31, 2017 --- --- --- 2.00:1.00 March 31, 2018 2.00:1.00 2.00:1.00 2.00:1.00 2.25:1.00 After March 31, 2018June 30, 2021 and thereafter 2.25:1.00 2.25:1.00 2.25:1.00 2.25:1.003.00:1.00. [Credit Agreement]

Appears in 1 contract

Samples: Credit Agreement (Mercury Systems Inc)

AutoNDA by SimpleDocs

Consolidated Cash Interest Coverage Ratio. Permit the Consolidated Cash Interest Coverage Ratio as of the last day of any Test Period (commencing with the Test Period ending September 30, 2016) to be less than the ratio set forth below opposite the last fiscal quarter of such Test Period: Fiscal YearQuarter Ending First QuarterConsolidated Cash Interest Coverage Ratio Second Quarter Third Quarter Fourth Quarter March 31, 2017 --- --- --- 2.00:1.00 March 31, 2018 2.00:1.00 2.00:1.00 2.00:1.00 2.25:1.00 After March 31, 2018June 30, 2021 and thereafter 2.25:1.00 2.25:1.00 2.25:1.00 2.25:1.003.00:1.00. (b)

Appears in 1 contract

Samples: Credit Agreement (Mercury Systems Inc)

Consolidated Cash Interest Coverage Ratio. Permit the Consolidated Cash Interest Coverage Ratio as of the last day of any Test Period to be less than the ratio set forth below opposite the last fiscal quarter of such Test Periodbelow: Fiscal YearQuarter Quarter Ending First QuarterConsolidated Consolidated Cash Interest Coverage Ratio Second Quarter Third Quarter Fourth Quarter March 31, 2017 --- --- --- 2.00:1.00 March 31, 2018 2.00:1.00 2.00:1.00 2.00:1.00 2.25:1.00 After March 31, 2018June June 30, 2021 and thereafter 2.25:1.00 2.25:1.00 2.25:1.00 2.25:1.00Section 7.12

Appears in 1 contract

Samples: Existing Credit Agreement (Prestige Consumer Healthcare Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!