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.
Appears in 5 contracts
Samples: Credit Agreement, Credit Agreement (California Resources Corp), Credit Agreement (California Resources Corp)
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 1.20 to 1.001:00.
Appears in 4 contracts
Samples: Collateral Agency Agreement, Credit Agreement (California Resources Corp), Collateral Agency Agreement (California Resources Corp)
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.. (c)
Appears in 1 contract
Samples: Credit Agreement