Common use of Coverage Test Clause in Contracts

Coverage Test. Permit, as of the end of any quarter of any Fiscal Year, principal and interest payments by the Borrower and its Subsidiaries for the four (4) consecutive fiscal quarters then ended (excluding principal of the Convertible Debentures and principal payments made from a matched source where such matched source makes the payment) to exceed EBITDA for such four (4) fiscal quarter period; PROVIDED, HOWEVER, that the Lender shall not accelerate the Obligations by reason of any non-compliance with this Section 6.17 unless and until non-compliance herewith occurs as of the end of two (2) consecutive fiscal quarters.

Coverage Test. Permit, as of the end of any the quarter of any Fiscal Year, principal and interest payments by the Borrower and its Subsidiaries for the four (4) consecutive fiscal quarters then ended (excluding principal of the Convertible Debentures and principal payments made from a matched source where such matched source makes the payment) to exceed EBITDA for such four (4) fiscal quarter period; PROVIDEDprovided, HOWEVERhowever, that the Lender shall not accelerate the Obligations by reason of any non-compliance with this Section 6.17 unless and until non-compliance herewith occurs as of the end of two (2) consecutive fiscal quarters.

Coverage Test. Permit, as of the end of any quarter of any Fiscal Year, EBITDA for the four (4) consecutive fiscal quarters then ended to exceed principal and interest payments by the Borrower and its Subsidiaries for the such four (4) consecutive fiscal quarters then ended quarter period (excluding principal of the Convertible Debentures and principal payments made from a matched source where such matched source makes the payment) to exceed EBITDA for such four (4) fiscal quarter period); PROVIDED, HOWEVER, that the Lender shall not accelerate the Obligations by reason of any non-compliance with this Section 6.17 unless and until non-compliance herewith occurs as of the end of two (2) consecutive fiscal quarters.