Fixed Charge Coverage. The ratio of Consolidated EBIT to Consolidated Interest Expense will not, for any period of four consecutive fiscal quarters, be less than 2.5 to 1.
Appears in 13 contracts
Samples: Credit Agreement (Tyco International LTD /Ber/), Day Revolving Credit Agreement (Tyco International LTD /Ber/), Agreement (Tyco International LTD /Ber/)
Fixed Charge Coverage. The ratio of Consolidated EBIT to Consolidated Interest Expense will not, for any period of four consecutive fiscal quarters, be less than 2.5 1.15 to 1.
Appears in 1 contract
Fixed Charge Coverage. The ratio of (x) Consolidated EBIT plus Consolidated Rental Expense to (y) Consolidated Interest Expense Fixed Charges will not, for any period of four consecutive fiscal quarters, be less than 2.5 to 1.
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