EBIT to Interest Expense. Permit the ratio of Consolidated EBIT to Consolidated Interest Expense for the Four-Quarter Period immediately preceding the date of computation to be less than 2.50 to 1.00 at any time.
EBIT to Interest Expense. Tech Data shall not permit the ratio of Consolidated EBIT to Consolidated Interest Expense to be less than 2.50 to 1.00 at any time. Capitalized terms used in this Section 5.5 and not defined herein shall have those meanings assigned in Exhibit N.
EBIT to Interest Expense. Permit the ratio of EBIT to Interest Expense, at the close of any fiscal quarter, beginning with the March 31, 2001 Financial Statements for the previous four quarters to be less than 2.50 to 1.00. This ratio shall be calculated on a rolling four quarter basis.
EBIT to Interest Expense. Permit Borrower's ratio of EBIT to Interest Expense at any time to be less than 2.00 to 1.00.
EBIT to Interest Expense. As of the last day of each of Dealer's fiscal years, Dealer will have a ratio of EBIT to Dealer's interest expense for the Dealer's indebtedness for the period of calculation of two to one (2.0:1).
EBIT to Interest Expense. (a) For the four consecutive fiscal quarters of the Borrower ended August 1, 1998, the Borrower will not permit the ratio of (a) EBIT for such fiscal quarters to (b) Consolidated Total Interest Expense for such fiscal quarters to be less than 3.0:1.0, and (b) thereafter, the Borrower will not, as at the end of any fiscal quarter of the Borrower set forth in the table below, permit the ratio of EBIT for such fiscal quarter to Consolidated Total Interest Expense for such fiscal quarter to be less than the ratio set forth opposite such fiscal quarter in the table below (with such requirement not to be in effect for any quarter prior to the second fiscal quarter, 1999): Fiscal Quarter Ratio -------------- -----
EBIT to Interest Expense. 96 9.06 Lease Expense Ratio . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 96 9.07 Indebtedness . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 96 9.08 Liens . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 97 9.09
EBIT to Interest Expense. The Combined Borrower's shall not permit the ratio of its EBIT to Interest Expense to be less than 2.00 to 1.00, for any fiscal quarter. Ratio analysis will commence 9/30/05. For the period ending 9/30/05, 12/31/05 and 3/31/06 the calculation will include adding back to earnings $500,000.00 of non-recurring expenses related to the acquisition of Picotronix, Inc., dba Picometrix, Inc.
EBIT to Interest Expense. The __ to 1.0 1.35 to 1.0 Yes No ----------------------------------------- Borrower must maintain a ratio of EBIT to Interest Expense of at least 1.35 to 1.0 for the twelve month period ending on February 28, 1997 and on each fiscal quarter thereafter.
EBIT to Interest Expense. A. Net Income plus $ ---- B. Taxes plus $ ---- C. Interest Expense $ ---- D. EBIT (4.A. + 4.B. + 4.C.) $ ---- E. EBIT to Interest Expense (4.D. / 4.C.) to ------ ---- Exhibit A Defaults or Events of Default (if any) EXHIBIT D [Permitted Indebtedness]
