Interest Expense Ratio Sample Clauses

Interest Expense Ratio. The Borrower will not permit the Interest Expense Ratio as of the last day of each fiscal quarter of the Borrower to be less than 2.50 to 1.00.
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Interest Expense Ratio. During a Borrowing Base Trigger Period, the Borrower will not permit the Interest Expense Ratio as of the last day of each fiscal quarter of the Borrower commencing with the fiscal quarter of the Borrower ending March 31, 2018 to be less than 2.00 to 1:00.
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Interest Expense Ratio. The Company will not permit the ratio of (i) Adjusted Consolidated EBITDA of the Company to (ii) Consolidated Interest Expense for any 12 month period (taken as one accounting period) ending on a Measurement Date occurring in a period set forth below to be less than the ratio set forth opposite such period: Period Ratio Effective Date to and including 3.50:1 December 31, 1997 January 1, 1998 to and including 4.25:1 December 31, 1998 January 1, 1999 to and including 5.50:1 December 31, 1999 January 1, 2000 and thereafter 6.00:1
Sample 1Sample 2
Interest Expense Ratio. Other than for the fiscal quarter ending December 31, 2015, the Borrower will not permit the Interest Expense Ratio as of the last day of each fiscal quarter of the Borrower to be less than 2.50 to 1.00. As of December 31, 2015, the Borrower will not permit the Interest Expense Ratio to be less than 2.25 to 1.00.
Sample 1Sample 2
Interest Expense Ratio. The Company will not permit the ratio ---------------------- as of the end of any fiscal quarter (measured on a trailing four quarter basis) of the Company of (i) Consolidated Adjusted EBITDA to (ii) Consolidated Interest Expense, to be less than 1.50 to 1.00.
Sample 1
Interest Expense Ratio. The Borrower will not permit the Interest Expense Ratio as of the last
Sample 1
Interest Expense Ratio. From and after January 31, 1998, the Borrower shall have a ratio of EBITDA to Interest Expense as of the respective dates, for the respective periods and in the respective amounts, in each case as shall be established pursuant to Section 8.3A hereof.
Sample 1
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Interest Expense Ratio. Permit the ratio of EBITDA of the Borrower and its consolidated Subsidiaries (i)(A) for the First Period; (B) for the Second Period; and (C) for the Third Period; and (ii) thereafter, for any period of four consecutive fiscal quarters ending on a date specified below of the Borrower and its consolidated Subsidiaries to Consolidated Interest Expense of the Borrower and its consolidated Subsidiaries for such period to be less than the ratio set forth opposite the applicable period below: Period Ending Ratio ------------- ----- First Period 2.50 Second Period 2.50 Third Period 2.50 December 31, 1997 2.75 March 31, 1998 2.75 June 30, 1998 2.75 September 30, 1998 2.75 December 31, 1998 3.00 March 31, 1999 3.00 June 30, 1999 3.00 September 30, 1999 3.00 December 31, 1999 3.25 March 31, 2000 3.25 June 30, 2000 3.25 September 30, 2000 3.50 December 31, 2000 3.50 March 31, 2001 3.50 67 Period Ending Ratio ------------- ----- June 30, 2001 3.50 September 30, 2001 3.50 December 31, 2001 3.75 March 31, 2002 3.75 June 30, 2002 3.75 September 30, 2002 3.75 December 31, 2002 and 4.00 each fiscal quarter thereafter
Sample 1
Interest Expense Ratio. During an Interim Covenant Period, the Parent Guarantor will not, as of the last day of any fiscal quarter, permit the Interest Expense Ratio to be less than 2.25 to 1.00. During a Regular Covenant Period, this Section 9.01(d) shall not apply.
Sample 1

Related to Interest Expense Ratio

  • Interest Expense Coverage Ratio The Borrower will not permit the ratio of (i) Consolidated EBITDA to (ii) Consolidated Cash Interest Expense for any period of four consecutive fiscal quarters to be less than 3.75 to 1.00.

  • Interest Expense For any period with respect to Parent Company and its Subsidiaries, without duplication, (a) interest (whether accrued or paid) actually payable (without duplication), excluding non-cash interest expense but including capitalized interest not funded under an interest reserve pursuant to a specific debt obligation, together with the interest portion of payments on Capitalized Leases, plus (b) Parent Company’s and its Subsidiaries’ Equity Percentage of Interest Expense of their Unconsolidated Affiliates for such period.

  • Consolidated Interest Expense With respect to any period, without duplication, (a) total Interest Expense of REIT and its Subsidiaries determined on a Consolidated basis in accordance with GAAP for such period, plus (b) such Person’s Equity Percentage of Interest Expense of its Unconsolidated Affiliates for such period.

  • Consolidated Leverage Ratio Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 2.50 to 1.0.

  • Consolidated EBITDA With respect to any period, an amount equal to the EBITDA of REIT and its Subsidiaries for such period determined on a Consolidated basis.

  • Consolidated Net Leverage Ratio Permit the Consolidated Net Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 4.50:1.00.

  • Minimum Consolidated EBITDA The Borrower will not permit Modified Consolidated EBITDA, for any Test Period ending at the end of any fiscal quarter of the Borrower set forth below, to be less than the amount set forth opposite such fiscal quarter: Fiscal Quarter Amount September 30, 1997 $36,000,000 December 31, 1997 $36,000,000 March 31, 1998 $36,000,000 June 30, 1998 $37,000,000 September 30, 1998 $37,000,000 December 31, 1998 $38,000,000 March 31, 1999 $38,000,000 June 30, 1999 $39,000,000 September 30, 1999 $40,000,000 December 31, 1999 $41,000,000 March 31, 2000 $41,000,000 June 30, 2000 $42,000,000 September 30, 2000 $43,000,000 December 31, 2000 $44,000,000 March 31, 2001 $44,000,000 June 30, 2001 $45,000,000 September 30, 2001 $46,000,000 December 31, 2001 $47,000,000 March 31, 2002 $47,000,000

  • Consolidated Total Net Leverage Ratio Permit the Consolidated Total Net Leverage Ratio on the last day of any fiscal quarter occurring during any period set forth below, to be greater than the ratio set forth below opposite such period: Period Maximum Consolidated Total Net Leverage Ratio Closing Date through and including September 30, 2014 7.25:1.00 December 31, 2014 through and including September 30, 2015 6.75:1.00 December 31, 2015 and thereafter 6.50:1.00

  • Consolidated Fixed Charge Ratio Permit at any time the Consolidated Fixed Charge Ratio to be less than 1.25 to 1.00.

  • Consolidated Fixed Charge Coverage Ratio Permit the Consolidated Fixed Charge Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 1.25 to 1.0.

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