Interest Cover. In respect of any test date set forth in the table below, Interest Cover shall not be less than the ratio set forth opposite such date in the table below: Test Date Minimum Interest Cover Ratio June 30, 2014 0.09 to 1.00 September 30, 2014 0.20 to 1.00 December 31, 2014 0.60 to 1.00 March 31, 2015 0.65 to 1.00 June 30, 2015 0.65 to 1.00 September 30, 2015 0.65 to 1.00 December 31, 2015 0.70 to 1.00 March 31, 2016 0.75 to 1.00 June 30, 2016 0.75 to 1.00 September 30, 2016 0.80 to 1.00 December 31, 2016 0.85 to 1.00 March 31, 2017 0.85 to 1.00 June 30, 2017 0.85 to 1.00 September 30, 2017 and thereafter 0.85 to 1.00
Interest Cover. The Company must ensure that the ratio of Consolidated EBITDA to Consolidated Net Finance Costs is not, at the end of each Measurement Period, less than 3.00:1.
Interest Cover. The Company must ensure that the ratio of Consolidated EBITDA to Interest Payable is not, on the last day of each Measurement Period, less than 3 to 1.
Interest Cover. EBITA plus operating lease charges to Borrowing Costs plus operating lease charges for each financial year must be at least 10.00 to 1.
Interest Cover. The Parent Guarantor shall ensure that Interest Cover in respect of any Relevant Period shall not be less than 4.0:1.
Interest Cover. (a) The Company must ensure that the ratio of Consolidated EBITDA to Consolidated Net Interest Payable is not for any Measurement Period ending on or about any of the dates set out in the table set out in Clause 22.7 (Covenant Table) less than that set out against that date in column X of that table.
Interest Cover. Interest Cover for each Relevant Period specified in Column 1 below shall not be less than the ratio set out in Column 2 below opposite each Relevant Period.
Interest Cover. The ratio of Consolidated EBITDA to Consolidated Net Finance Charges in respect of any Relevant Period shall not be less than 7:1.
Interest Cover. The Borrower shall procure that the ratio of EBITDA to Consolidated Net Financial Expense will not for any 12 month period ending on the last day of the Borrower’s financial year or half year commencing 31 March 2004, by reference to the financial statements referred to in Clauses 18.2 (Audited Accounts) and 18.3 (Semi-Annual Information), be less than the ratio specified below in respect of such financial year or half year. Date (12 month period ending on:) Ratio 31 March 2004 1.8:1 30 September 2004 2.5:1 31 March 2005 4.5:1 30 September 2005 6.0:1 31 March 2006 6.0:1
Interest Cover. The ratio of EBITDA to Net Interest in respect of each Relevant Period shall not be less than 4.0:1.
