Common use of Interest Coverage Ratio Clause in Contracts

Interest Coverage Ratio. The Borrower will not permit the Interest Coverage Ratio as of the end of any Fiscal Quarter to be less than 3.00 to 1.00.

Appears in 9 contracts

Samples: Credit Agreement (YETI Holdings, Inc.), Credit Agreement (YETI Holdings, Inc.), Credit Agreement (Weight Watchers International Inc)

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Interest Coverage Ratio. The Borrower will not permit the Interest Coverage Ratio at the end of any fiscal quarter (calculated as of the end of any Fiscal Quarter each such fiscal quarter for the four-fiscal quarter period ending on such date) to be less than 3.00 to 1.00.

Appears in 9 contracts

Samples: Credit Agreement (Fortune Brands Home & Security LLC), Credit Agreement (Fortune Brands Home & Security, Inc.), Credit Agreement (Fortune Brands Home & Security, Inc.)

Interest Coverage Ratio. The Borrower will not permit the its Interest Coverage Ratio for any period of four consecutive fiscal quarters, as of determined for such four quarter period ending on the end last day of any Fiscal Quarter fiscal quarter, to be less than 3.00 3.50 to 1.00.

Appears in 5 contracts

Samples: Term Loan Agreement (Alliance Data Systems Corp), Term Loan Agreement (Alliance Data Systems Corp), Credit Agreement (Alliance Data Systems Corp)

Interest Coverage Ratio. The Borrower will shall not permit the Interest Coverage Ratio as of the end of any Fiscal Quarter fiscal quarter of the Borrower to be less than 3.00 to 1.00.

Appears in 5 contracts

Samples: Assignment and Assumption (Dean Foods Co), Receivables Purchase Agreement (Dean Foods Co), Receivables Purchase Agreement (Dean Foods Co)

Interest Coverage Ratio. The Borrower will shall not permit the Interest Coverage Ratio as of the end of any Fiscal Quarter to be less than 3.00 4.00 to 1.00.

Appears in 5 contracts

Samples: Credit Agreement (Babcock & Wilcox Co), Credit Agreement (Babcock & Wilcox Enterprises, Inc.), Credit Agreement (Babcock & Wilcox Co)

Interest Coverage Ratio. The Borrower will shall not permit the Interest Coverage Ratio as of the end of any Fiscal Quarter (commencing with the Fiscal Quarter ending June 30, 2010, but with effect prior thereto with respect to any required pro forma compliance calculations made prior to such time) to be less than 3.00 4.00 to 1.00.

Appears in 3 contracts

Samples: Credit Agreement (McDermott International Inc), Credit Agreement (Babcock & Wilcox Co), Credit Agreement (Babcock & Wilcox Co)

Interest Coverage Ratio. The Borrower will shall not permit the Interest Coverage Ratio as of the end of any Fiscal Quarter to be less than 3.00 to 1.00.

Appears in 3 contracts

Samples: Credit Agreement (BWX Technologies, Inc.), Credit Agreement (BWX Technologies, Inc.), Credit Agreement (BWX Technologies, Inc.)

Interest Coverage Ratio. The Borrower will not permit the its Interest Coverage Ratio for any period of four consecutive fiscal quarters, as of determined for such four quarter period ending on the end last day of any Fiscal Quarter fiscal quarter, to be less than 3.00 4.50 to 1.00.

Appears in 3 contracts

Samples: Credit Agreement (Alliance Data Systems Corp), Credit Agreement (Alliance Data Systems Corp), Credit Agreement (Alliance Data Systems Corp)

Interest Coverage Ratio. The Beginning with the first full fiscal quarter ending after the Closing Date, the Borrower will not permit the Interest Coverage Ratio to be less than 3.5 to 1.0 as of the end of any Fiscal Quarter to be less than 3.00 to 1.00fiscal quarter of the Borrower.

Appears in 3 contracts

Samples: Cash Bridge Credit Agreement (Perrigo Co), Cash Bridge Credit Agreement (PERRIGO Co PLC), Debt Bridge Credit Agreement (Perrigo Co)

Interest Coverage Ratio. The Borrower will shall not permit the Interest Coverage Ratio as of each fiscal quarter end, commencing with the end of any Fiscal Quarter fiscal quarter ending September 30, 2012, to be less than 3.00 2.50 to 1.00.

Appears in 3 contracts

Samples: Credit Agreement (Hi-Crush Partners LP), Credit Agreement (Hi-Crush Partners LP), Credit Agreement (Hi-Crush Partners LP)

Interest Coverage Ratio. The Borrower will not permit the ----------------------- Interest Coverage Ratio as of the end of any Fiscal Quarter fiscal quarter of the Borrower to be less than 3.00 3:00 to 1.001:00.

Appears in 3 contracts

Samples: Credit Agreement (Transocean Sedco Forex Inc), 364 Day Credit Agreement (Transocean Sedco Forex Inc), Credit Agreement (Transocean Sedco Forex Inc)

Interest Coverage Ratio. The Borrower will not at any time permit the its Interest Coverage Ratio Ratio, determined as of the end of any Fiscal Quarter each fiscal quarter of the Borrower, to be less than 3.00 2.75 to 1.001.

Appears in 3 contracts

Samples: Credit Agreement (Northern States Power Co), Assignment Agreement (Northern States Power Co), Assignment Agreement (Northern States Power Co)

Interest Coverage Ratio. The Borrower will not permit the Interest Coverage Ratio Ratio, determined as of the end of each of its fiscal quarters for any Fiscal Quarter period of four consecutive fiscal quarters ending with the end of such fiscal quarter, to be less than 3.00 3.0 to 1.001.0.

Appears in 3 contracts

Samples: Credit Agreement (Myr Group Inc.), Credit Agreement (Myr Group Inc.), Credit Agreement (Myr Group Inc)

Interest Coverage Ratio. The Borrower will not permit the Interest Coverage Ratio Ratio, calculated as of the end of each fiscal quarter on a pro forma basis, for any Fiscal Quarter period of four consecutive fiscal quarters ending to be less than 3.00 to 1.00.

Appears in 2 contracts

Samples: Credit Agreement (Healthsouth Corp), Credit Agreement (Encompass Health Corp)

Interest Coverage Ratio. The Borrower will not permit the Interest Coverage Ratio at the end of any fiscal quarter ending after the Funding Date (calculated as of the end of any Fiscal Quarter each such fiscal quarter for the four-fiscal quarter period ending on such date) to be less than 3.00 to 1.00.

Appears in 2 contracts

Samples: Credit Agreement (MasterBrand, Inc.), Credit Agreement (MasterBrand, Inc.)

Interest Coverage Ratio. The Borrower will not permit the Interest Coverage Ratio as of on any Quarterly Date for the end of any Fiscal Quarter four fiscal quarters ended on or immediately prior to such Quarterly Date to be less than 3.00 to 1.002.25:1.

Appears in 2 contracts

Samples: Loan Agreement (Brasil Telecom Sa), Loan Agreement (Brasil Telecom Holding Co)

Interest Coverage Ratio. The Borrower will not permit the Interest Coverage Ratio Ratio, determined as of the end of any Fiscal Quarter each of its fiscal quarters for the then most-recently ended four fiscal quarters to be less than 3.00 4.0 to 1.001.0.

Appears in 2 contracts

Samples: Credit Agreement (Rli Corp), Credit Agreement (Rli Corp)

Interest Coverage Ratio. The Borrower Obligors will not permit the Interest Coverage Ratio for each period of four consecutive fiscal quarters (calculated as of at the end of any Fiscal Quarter each fiscal quarter for the four consecutive fiscal quarters then ended) to be less than 3.00 2.50 to 1.00.

Appears in 2 contracts

Samples: Note Purchase Agreement (Helen of Troy LTD), Master Shelf Agreement (Helen of Troy LTD)

Interest Coverage Ratio. The Borrower will not permit the Interest Coverage Ratio as Ratio, determined for the four consecutive fiscal quarter period ending on the last day of the end of any Fiscal Quarter each fiscal quarter, to be less than 3.00 3.50 to 1.00.

Appears in 2 contracts

Samples: Credit Agreement (ExlService Holdings, Inc.), Credit Agreement (ExlService Holdings, Inc.)

Interest Coverage Ratio. The Borrower will shall not permit the Interest Coverage Ratio as of at the end of any Fiscal Quarter of its fiscal quarters, commencing with the fiscal quarter ending on September 30, 2018, to be less than 3.00 1.0 to 1.001.0.

Appears in 2 contracts

Samples: Credit Agreement (Tetra Technologies Inc), Credit Agreement (Tetra Technologies Inc)

Interest Coverage Ratio. The Borrower will Borrowers shall not permit the Interest Coverage Ratio as of the end of any Fiscal Quarter to be less than 3.00 3.50 to 1.001.00 as of the last day of any fiscal quarter for the four fiscal quarter period then ending.

Appears in 2 contracts

Samples: Credit Agreement (Schweitzer Mauduit International Inc), Credit Agreement (Schweitzer Mauduit International Inc)

Interest Coverage Ratio. The Borrower will not permit the Interest Coverage Ratio as of the end last day of any Fiscal Quarter fiscal quarter to be less than 3.00 to 1.00(i) in the case of the fiscal quarter ended December 31, 2009, 3.00:1.00, and (ii) in the case of each fiscal quarter thereafter, 3.50:1.00.

Appears in 1 contract

Samples: Saga Communications Inc

Interest Coverage Ratio. The Borrower will not permit the Interest Coverage Ratio Ratio, determined as of the end of any Fiscal Quarter each of its fiscal quarters ending on or after the Effective Date, to be less than 3.00 to 1.001.00 for any such fiscal quarter.

Appears in 1 contract

Samples: Credit Agreement (Farmer Brothers Co)

Interest Coverage Ratio. The Borrower will not permit the Interest Coverage Ratio as Ratio, for any period of four consecutive fiscal quarters ending on the end last day of any Fiscal Quarter fiscal quarter, to be less than 3.00 2.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Exco Resources Inc)

Interest Coverage Ratio. The Borrower will not permit the Interest Coverage Ratio as Ratio, for any period of four consecutive fiscal quarters ending on the end last day of any Fiscal Quarter fiscal quarter, (i) ending prior to the Qualified Capital Funding Date, to be less than 3.00 2.00 to 1.00 and (ii) ending on or after the Qualified Capital Funding Date, to be less than 1.25 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Exco Resources Inc)

Interest Coverage Ratio. The Borrower will Borrowers shall not permit the Interest Coverage Ratio to be less than 1.25 to 1 as of the end of any Fiscal Quarter to be less than 3.00 to 1.00fiscal quarter, commencing with fiscal quarter ending December 31, 1999, tested as set forth in Section 1.3 hereof.

Appears in 1 contract

Samples: Credit Agreement (Safeguard Scientifics Inc Et Al)

Interest Coverage Ratio. The Borrower will shall not permit the Interest Coverage Ratio as of the end of for any Fiscal Quarter four fiscal quarter period (on a rolling four quarter basis) to be less than (i) 2.75 to 1.00: for the four fiscal quarter periods ending December 31, 1998, and March 31, 1999, and (ii) 3.00 to 1.001.00 for the four fiscal quarter periods ending after March 31, 1999.

Appears in 1 contract

Samples: Credit Agreement (Us Home & Garden Inc)

Interest Coverage Ratio. The Borrower will not permit the Interest Coverage Ratio shall not, as of the end of any Fiscal Quarter fiscal quarter of the Borrower commencing with the fiscal quarter ending September 30, 2004, permit the Interest Coverage Ratio to be less than 3.00 3.50 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Holly Energy Partners Lp)

Interest Coverage Ratio. The Borrower will not permit the Interest Coverage Ratio for any period of four consecutive fiscal quarters of the Borrower, in each case taken as a single accounting period, calculated as of the end of any Fiscal Quarter each fiscal quarter of the Borrower, to be less than 3.00 to 1.003.25:1.

Appears in 1 contract

Samples: Revolving Credit Agreement (Worthington Industries Inc)

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Interest Coverage Ratio. The Borrower will not permit the Interest Coverage Ratio as Ratio, for any period of four consecutive fiscal quarters ending on the end last day of any Fiscal Quarter fiscal quarter to be less than 3.00 to 1.003.5:1.0.

Appears in 1 contract

Samples: Credit Agreement (Raven Industries Inc)

Interest Coverage Ratio. The Borrower will not permit the Interest Coverage Ratio as Ratio, for any period of four consecutive fiscal quarters ending on the end last day of any Fiscal Quarter fiscal quarter ending during any period beginning December 31, 2016, to be less than 3.00 2.00 to 1.00.

Appears in 1 contract

Samples: Assignment and Assumption (Gulf Island Fabrication Inc)

Interest Coverage Ratio. The Borrower will Borrowers shall not permit the Interest Coverage Ratio as of the end of any Fiscal Quarter to be less than 3.00 to 1.001.00 as of the last day of any fiscal quarter for the four fiscal quarter period then ending.

Appears in 1 contract

Samples: Credit Agreement (Schweitzer Mauduit International Inc)

Interest Coverage Ratio. The Commencing with the fiscal quarter ending March 31, 2013, the Borrower will not permit the Interest Coverage Ratio Ratio, in each case as of the end last day of any Fiscal Quarter fiscal quarter, to be less than 3.00 4.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Cubist Pharmaceuticals Inc)

Interest Coverage Ratio. The Borrower will shall not permit the Interest Coverage Ratio as of at the end of any Fiscal Quarter fiscal quarter, commencing with the fiscal quarter ending March 31, 2008, to be less than 3.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Pioneer Drilling Co)

Interest Coverage Ratio. The Borrower will not permit the Interest Coverage Ratio as Ratio, determined for the four consecutive fiscal quarter period ending on the last day of the end of any Fiscal Quarter each fiscal quarter, to be less than 3.00 to 1.00.

Appears in 1 contract

Samples: Assignment and Assumption (ExlService Holdings, Inc.)

Interest Coverage Ratio. The Borrower will Borrowers shall not permit the Interest Coverage Ratio as of the end of any Fiscal Quarter to be less than 3.00 3.50 to 1.00.1.00 as of the last day of any fiscal quarter for the four fiscal quarter period then ending. (b)

Appears in 1 contract

Samples: Credit Agreement (Schweitzer Mauduit International Inc)

Interest Coverage Ratio. The Borrower will shall not permit the Interest Coverage Ratio to be less than 1.75 to 1.00 as of the end of any Fiscal Quarter to be less than 3.00 to 1.00(for the period of four Fiscal Quarters then ended).

Appears in 1 contract

Samples: Credit Agreement (Greenbacker Renewable Energy Co LLC)

Interest Coverage Ratio. The Borrower will not permit the Interest Coverage Ratio as Ratio, for any period of four consecutive fiscal quarters ending on the end last day of any Fiscal Quarter fiscal quarter ending during the term of this Agreement, to be less than 3.00 1.50 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Zoe's Kitchen, Inc.)

Interest Coverage Ratio. The Borrower will not permit the Interest Coverage Ratio Ratio, as of the end of any Fiscal Quarter fiscal quarter commencing with the fiscal quarter ending March 31, 2017, to be less than 3.00 2.50 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Archrock Partners, L.P.)

Interest Coverage Ratio. The Commencing with the fiscal quarter ending March 31, 2013, the Borrower will not permit the Interest Coverage Ratio Ratio, in each case as of the end last day of any Fiscal Quarter fiscal quarter, to be less than 3.00 4.00 to :1.00.

Appears in 1 contract

Samples: Credit Agreement (Cubist Pharmaceuticals Inc)

Interest Coverage Ratio. The Borrower will not permit the its Interest Coverage Ratio as of the end of any Fiscal Quarter fiscal quarter of the Borrower (calculated quarterly at the end of each fiscal quarter) to be less than 3.00 3.0 to 1.001.0.

Appears in 1 contract

Samples: Credit Agreement (Atp Oil & Gas Corp)

Interest Coverage Ratio. The Borrower will not permit the Interest Coverage Ratio Ratio, calculated as of the end of each fiscal quarter on a pro forma basis, for any Fiscal Quarter period of 4 consecutive fiscal quarters ending, to be less than 3.00 to 1.003.00:1.00.

Appears in 1 contract

Samples: Credit Agreement (Encompass Health Corp)

Interest Coverage Ratio. The Borrower will shall not permit the Interest Coverage Ratio permit, as of the end of any Fiscal Quarter fiscal quarter of the Borrower commencing with the fiscal quarter ending September 30, 2004, the Interest Coverage Ratio to be less than 3.00 3.50 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Holly Energy Partners Lp)

Interest Coverage Ratio. The Borrower will shall not permit the Interest Coverage Ratio as of the end of any Fiscal Quarter (commencing with the Fiscal Quarter ending June 30, 2012, but with effect prior thereto with respect to any required pro forma compliance calculations made prior to such time) to be less than 3.00 4.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Babcock & Wilcox Co)

Interest Coverage Ratio. The Borrower will not permit the Interest Coverage Ratio as of the end of any Fiscal Quarter fiscal quarter to be less than 3.00 2.95 to 1.001.00 for any period of four consecutive fiscal quarters of the Borrower ending after the date hereof.

Appears in 1 contract

Samples: Revolving Credit Agreement (Pride International Inc)

Interest Coverage Ratio. The Borrower Borrowers will not permit the Interest Coverage Ratio as of the end of any Fiscal Quarter (commencing with the Fiscal Quarter ending March 31, 2008) to be less than 3.00 to 1.002.25:1.0.

Appears in 1 contract

Samples: Credit Agreement (Consolidated Communications Holdings, Inc.)

Interest Coverage Ratio. The Borrower will not permit the Interest Coverage Ratio Ratio, calculated as of the end of each fiscal quarter on a pro forma basis, for any Fiscal Quarter period of four consecutive fiscal quarters ending to be less than 3.00 to 1.00ratio set forth below opposite the time period during which such fiscal quarter ends.

Appears in 1 contract

Samples: Credit Agreement (Encompass Health Corp)

Interest Coverage Ratio. The Borrower will not permit the its Interest Coverage Ratio for any fiscal quarter of the Borrower (calculated quarterly as of the end last day of any Fiscal Quarter each fiscal quarter) to be less than 3.00 2.0 to 1.001.0 during fiscal year 1997 and 3.0 to 1.0 during any fiscal year thereafter. For purposes of this Section 9.15, "Interest Coverage Ratio" shall mean, as of the last day of any fiscal quarter, for the Borrower, the ratio of (i) Cash Flow plus Interest Expense to (ii) Interest Expense.

Appears in 1 contract

Samples: Credit Agreement (DLB Oil & Gas Inc)

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