Common use of Interest Expense Coverage Ratio Clause in Contracts

Interest Expense Coverage Ratio. The Company will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Interest Expense, in each case for any period of four consecutive fiscal quarters ending on or after the last day of the first fiscal quarter beginning after the Effective Date, to be less than 4.0 to 1.0.

Interest Expense Coverage Ratio. The Company will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Net Interest Expense, in each case for any period of four consecutive fiscal quarters ending on or after the last day of the first fiscal quarter beginning after the Effective Datedate hereof, to be less than 4.0 4.00 to 1.01.00.

Interest Expense Coverage Ratio. The Company will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Cash Interest Expense, in each case Expense for any period of four consecutive fiscal quarters ending on or after the last day of the first fiscal quarter beginning after the Effective Date, to be less than 4.0 3.50 to 1.01.00.

Interest Expense Coverage Ratio. The Company will not permit the ratio of (a) Consolidated EBITDA less the amount of Capital Expenditures to (b) Consolidated Cash Interest Expense, in each case for any period of four consecutive fiscal quarters ending on or after the last day of the first fiscal quarter beginning after the Effective Date, to be less than 4.0 2.00 to 1.01.00.

Interest Expense Coverage Ratio. The Company will not permit permit, at the end of any Fiscal Quarter, the ratio of (a) Consolidated EBITDA for the period of the four consecutive Fiscal Quarters ended with such Fiscal Quarter, to (b) Consolidated Interest ExpenseExpense to the extent paid in cash, in each case for any the period of the four consecutive fiscal quarters ending on or after the last day of the first fiscal quarter beginning after the Effective DateFiscal Quarters ended with such Fiscal Quarter, to be less than 4.0 3.00 to 1.01.00.

Interest Expense Coverage Ratio. The Company will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Cash Interest Expense, in each case for any period of four consecutive fiscal quarters ending on or after the last day of the first fiscal quarter beginning after the Effective DateCompany, to be less than 4.0 3.25 to 1.01.00.

Interest Expense Coverage Ratio. The Company will not permit the ratio (the “Interest Expense Coverage Ratio”), determined as of the end of each of its fiscal quarters for the then most-recently ended four fiscal quarters of (ai) Consolidated Adjusted EBITDA during such period to (bii) Consolidated Interest ExpenseExpense during such period, in each case all calculated for any period of four consecutive fiscal quarters ending the Company and its Subsidiaries on or after the last day of the first fiscal quarter beginning after the Effective Datea consolidated basis, to be less than 4.0 3.00 to 1.01.00.

Interest Expense Coverage Ratio. The Company will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Cash Interest Expense, in each case for any period of four consecutive fiscal quarters ending on or after the last day of the first fiscal quarter beginning after the Effective DateCompany, to be less than 4.0 3.253.00 to 1.01.00.

Interest Expense Coverage Ratio. The (a) Prior to the Acquisition Date, the Company will not permit the ratio of (ai) Consolidated EBITDA to (bii) Consolidated Interest Expense, in each case for any period of four consecutive fiscal quarters ending on or after the last day of the first fiscal quarter beginning after the Effective Date, to be less than 4.0 to 1.03.0.

Interest Expense Coverage Ratio. The Company will not permit permit, at the end of any Fiscal Quarter, the ratio of (a) Consolidated Adjusted EBITDA for the period of the four consecutive Fiscal Quarters ended with such Fiscal Quarter, to (b) Consolidated Interest Expense, in each case Expense for any the period of the four consecutive fiscal quarters ending on or after the last day of the first fiscal quarter beginning after the Effective DateFiscal Quarters ended with such Fiscal Quarter, to be less than 4.0 3.00 to 1.01.00.

Interest Expense Coverage Ratio. The Company will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Cash Interest Expense, in each case for any period of four consecutive fiscal quarters ending on or after the last day of the first fiscal quarter beginning after the Effective DateCompany, to be less than 4.0 3.002.75 to 1.01.00. SECTION 6.12.

Interest Expense Coverage Ratio. The Company will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Cash Interest Expense, in each case for any period of four consecutive fiscal quarters ending on or after the last day of the first fiscal quarter beginning after the Effective Dateany date during any period set forth below, to be less than 4.0 the ratio set forth below opposite such period: Period Ratio ------ ----- June 30, 2003 to 1.0.and including December 31, 2003 2.75 to 1.00 January 1, 2004 to and including December 31, 2004 3.00 to 1.00 thereafter 3.25 to 1.00

Interest Expense Coverage Ratio. The Company will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Interest Expense, in each case for any period of four consecutive fiscal quarters ending on or after the last day of the first fiscal quarter beginning after the Effective Dateany date during any period set forth below, to be less than 4.0 the ratio set forth below opposite such period: Period Ratio ------ ----- Effective Date through and 2.00 to 1.0.1.00 including December 31, 2001 January 1, 2002 through and 2.25 to 1.00 including December 31, 2002 January 1, 2003 and thereafter 2.50 to 1.00

Interest Expense Coverage Ratio. The Company will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Interest Expense, in each case for any period of four consecutive fiscal quarters ending on or after prior to the last day of the first fiscal quarter beginning after the Effective Date, Maturity Date to be less than 4.0 to 1.01.

Interest Expense Coverage Ratio. The Company will not permit permit, at any time, the ratio of (a) Consolidated EBITDA EBIT for the period of four consecutive fiscal quarters then most recently ended to (b) Consolidated Interest Expense, in each case Expense for any the period of four consecutive fiscal quarters ending on or after the last day of the first fiscal quarter beginning after the Effective Date, then most recently ended to be less than 4.0 2.50 to 1.01.00.

Interest Expense Coverage Ratio. The Company will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Cash Interest Expense, in each case for any period of four consecutive fiscal quarters ending on or after the last day of the first fiscal quarter beginning after the Effective Dateany date during any period set forth below, to be less than 4.0 the ratio set forth below opposite such period: Period Ratio June 30, 2003 to 1.0.and including December 31, 2003 2.75 to 1.00 January 1, 2004 to and including December 31, 2004 3.00 to 1.00 thereafter 3.25 to 1.00

Interest Expense Coverage Ratio. The Company will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Cash Interest Expense, in each case for any period of four consecutive fiscal quarters ending on or after the last day of the first fiscal quarter beginning after the Effective Datequarters, to be less than 4.0 3.25 to 1.01.00.”

Interest Expense Coverage Ratio. The Company will not permit the ratio (the “Interest Expense Coverage Ratio”) of (a) Consolidated EBITDA (as defined in the Credit Agreement) to (b) Consolidated Interest Expensecash interest expense of the Company and its Subsidiaries, in each case for any period of four consecutive fiscal quarters ending on or after the last day of the first each fiscal quarter beginning after the Effective Datequarter, to be less than 4.0 2.00 to 1.01.00.

Interest Expense Coverage Ratio. The Company will not permit the ratio of (a) Consolidated EBITDA less Capital Expenditures to (b) Consolidated Interest Expense, in each case for any period of four consecutive fiscal quarters ending on or after the last day of the first fiscal quarter beginning after the Effective Datequarters, to be less than 4.0 3.00 to 1.01.00.

Interest Expense Coverage Ratio. The Company will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Cash Interest Expense, in each case for any period of four consecutive fiscal quarters ending on or after prior to the last day of the first fiscal quarter beginning after the Effective Date, Maturity Date to be less than 4.0 to 1.01.

Interest Expense Coverage Ratio. The Company Borrowers will not permit the ratio of (a) Consolidated EBITDA EBIT to (b) Consolidated Interest Expense, in each case for any period of four (4) consecutive fiscal quarters Fiscal Quarters ending on or after as at the last day of the first fiscal quarter beginning after the Effective Dateany period set forth below, to be less than 4.0 to 1.0.the ratio set forth below opposite such period: Period Ratio 6/30/11 1.50:1.0 9/30/11 2.25:1.0 12/31/11 and thereafter 2.50:1.0