Common use of EBITDA Coverage Ratio Clause in Contracts

EBITDA Coverage Ratio. Maintain an EBITDA Coverage Ratio, of not less than (i) 1.25 to 1.00 as of the last day of each Fiscal Quarter ending before June 30, 2009 and (ii) 1.30 to 1.00 as of the last day of each Fiscal Quarter ending on June 30, 2009 and thereafter.”

Appears in 1 contract

Sources: Credit Agreement (Southwest Water Co)

EBITDA Coverage Ratio. Maintain Maintain, as of the last day of each Fiscal Quarter, an EBITDA Coverage Ratio, of not less than (i) 1.25 1.20 to 1.00 as of the last day of each Fiscal Quarter ending before June 30, 2009 and (ii) 1.30 to 1.00 as of the last day of each Fiscal Quarter ending on June 30, 2009 and thereafterQuarter.

Appears in 1 contract

Sources: Credit Agreement (Southwest Water Co)

EBITDA Coverage Ratio. Maintain Maintain, as of the last day of each Fiscal Quarter, an EBITDA Coverage Ratio, of not less than (i) 1.25 1.20 to 1.00 as of the last day of each Fiscal Quarter ending before June 30during the period commencing on the Closing Date and ending on December 31, 2009 and 2006, or (ii) 1.30 1.25 to 1.00 as of the last day of each Fiscal Quarter ending on June 30after December 31, 2009 and thereafter2006.

Appears in 1 contract

Sources: Credit Agreement (Southwest Water Co)