Consolidated EBITDA/Interest Sample Clauses

Consolidated EBITDA/Interest. The ratio of Consolidated EBITDA for the period consisting of the four (4) consecutive fiscal quarters ending on the last day of any fiscal quarter set forth in the table below to Consolidated Cash Interest Expense for such period shall not be less than the amounts set forth below in such table opposite such date: Fiscal Quarter Ending Ratio ------------------------------------------------------------ Effective Date through 3/30/02 1.60:1.00 ------------------------------------------------------------ 3/31/02 through 12/30/02 1.75:1.00 ------------------------------------------------------------ Thereafter 2.00:1.00 ------------------------------------------------------------
Sample 1Sample 2
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Consolidated EBITDA/Interest. The ratio of Consolidated EBITDA for the ----------------------------- period consisting of the four (4) consecutive fiscal quarters ending on the last day of any fiscal quarter set forth in the table below to Consolidated Cash Interest Expense for such period shall not be less than the amounts set forth below in such table opposite such date: ---------------------------------------------------------------------- FISCAL QUARTER ENDING RATIO --------------------- ----- ---------------------------------------------------------------------- ---------------------------------------------------------------------- 06/30/97 through 12/30/97 1.40:1.00 ---------------------------------------------------------------------- 12/31/97 through 12/30/98 1.50:1.00 ---------------------------------------------------------------------- 12/31/98 through 12/30/99 1.65:1.00 ---------------------------------------------------------------------- 12/31/99 through 12/30/00 1.90:1.00 ---------------------------------------------------------------------- 12/31/00 through 12/30/01 2.05:1.00 ---------------------------------------------------------------------- Thereafter 2.25:1.00 ---------------------------------------------------------------------- provided, however, for purposes of this (S)13.4 until such time as the Borrower -------- ------- and its Subsidiaries have made New Site Capital Expenditures of at least $10,000,000 in the aggregate, Consolidated Cash Interest Expense shall be reduced by interest on the Excess Amount for the period tested at an assumed rate of 10.5% per annum.
Sample 1

Related to Consolidated EBITDA/Interest

  • Consolidated EBITDA With respect to any period, an amount equal to the EBITDA of Borrower and its Subsidiaries for such period determined on a Consolidated basis.

  • Consolidated Net Leverage Ratio Permit the Consolidated Net Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 4.50:1.00.

  • Adjusted EBITDA The 2019 adjusted EBITDA for the Affiliated Club Sellers shall total an aggregate of not less than $10,700,000.

  • Minimum Consolidated EBITDA (a) The Borrower will not permit Consolidated EBITDA (i) for the Borrower's fiscal quarter ending closest to June 30, 1997 to be less than $2,500,000 and (ii) for any Test Period ending on the last day of a fiscal quarter of the Borrower set forth below to be less than the amount set forth opposite such fiscal quarter below: Fiscal Quarter Ending Closest To Amount ----------------- ------ September 30, 1997 $5,000,000 December 31, 1997 $5,000,000 March 31, 1998 $5,000,000 June 30, 1998 $5,000,000 September 30, 1998 $5,000,000 December 31, 1998 $5,000,000 March 31, 1999 $5,000,000 June 30, 1999 $5,000,000 -64- September 30, 1999 $ 5,000,000 December 31, 1999 $ 5,000,000 March 31, 2000 $ 5,000,000 June 30, 2000 $10,000,000 September 30, 2000 $15,000,000 December 31, 2000 $15,000,000 March 31, 2001 $15,000,000 June 30, 2001 $15,750,000 September 30, 2001 $16,500,000 December 31, 2001 $16,500,000 March 31, 2002 $16,500,000 June 30, 2002 $16,500,000

  • Consolidated Senior Leverage Ratio The Company will not permit the Consolidated Senior Leverage Ratio on the last day of any fiscal quarter of the Company ending in a period set forth below to exceed the ratio set forth below applicable to such period: Period Maximum Ratio January 1, 2015 to and including June 30, 2016 5.0 to 1.0 July 1, 2016 to and including September 30, 2016 4.5 to 1.0 October 1, 2016 to and including December 31, 2016 4.0 to 1.0 January 1, 2017 and thereafter 3.0 to 1.0 ”

  • Interest Expense Coverage Ratio The Borrower will not permit the ratio of (i) Consolidated EBITDA to (ii) Consolidated Cash Interest Expense for any period of four consecutive fiscal quarters to be less than 3.75 to 1.00.

  • Consolidated Leverage Ratio Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 2.50 to 1.0.

  • Consolidated Fixed Charge Coverage Ratio Permit the Consolidated Fixed Charge Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 1.25 to 1.0.

  • Consolidated Total Leverage Ratio Permit the Consolidated Total Leverage Ratio as of the end of any fiscal quarter of Holdings to be greater than 2.50 to 1.00.

  • Consolidated Interest Coverage Ratio Permit the Consolidated Interest Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 3.00 to 1.00.

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