Interest Coverage Test. On the 30 month anniversary of the Issuance Date, if no Qualified IPO has been consummated, the Company shall have satisfied the Interest Coverage Test. On such anniversary, the Company shall deliver to the Holder a certificate, signed by the Chief Executive Officer and Chief Financial Officer of the Company, certifying as to LTM EBITDA, LTM Capital Expenditures and LTM Net Interest Expense as of such date showing in reasonable detail the calculation of each of these figures.
Appears in 2 contracts
Sources: Securities Purchase Agreement (Mitel Networks Corp), Securities Purchase Agreement (Mitel Networks Corp)