Common use of Interest Expense Ratio Clause in Contracts

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)

AutoNDA by SimpleDocs

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)

AutoNDA by SimpleDocs

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

Time is Money Join Law Insider Premium to draft better contracts faster.