Minimum Cash Interest Coverage Ratio. Shall not permit the Cash Interest Coverage Ratio on the last day of any fiscal quarter set forth in the table below to be less than the amount set forth opposite such period: Period Ending Minimum Cash Interest Coverage Ratio December 31, 2013 1.40x March 31, 2014 1.750x June 30, 2014 1.950x September 30, 2014 2.105x December 31, 2014 2.455x March 31, 2015 2.75x June 30, 2015 2.90x September 30, 2015 3.10x December 31, 2015 3.25x March 31, 2016 3.25x June 30, 2016 3.25x September 30, 2016 3.25x December 31, 2016 3.25x March 31, 2017 3.25x June 30, 2017 3.25x September 30, 2017 3.25x December 31, 0000 0.00x
Minimum Cash Interest Coverage Ratio. Permit as of any measurement date specified below, the Cash Interest Coverage Ratio for the Applicable Measurement Period ended on such date to be less than the amount specified below for such date: Measurement Date Minimum Cash Interest Coverage Ratio March 31, 2010, and the last day of each calendar month thereafter through June 30, 2010 1.15 July 31, 2010, and the last day of each calendar month thereafter through December 31, 2010 1.30 January 31, 2011, and the last day of each calendar month thereafter through June 30, 2011 1.50 July 31, 2011, and the last day of each calendar month thereafter through December 31, 2011 1.70 January 31, 2012, and the last day of each calendar month through March 31, 2012 1.85 April 30, 2012, and the last day of each calendar month thereafter 1.90
Minimum Cash Interest Coverage Ratio. The ratio of Available Cash to Consolidated Cash Interest Expense shall not be less than 2.5 to 1.0 at any time.
Minimum Cash Interest Coverage Ratio. Section 6.6(b) of the Credit Agreement is hereby amended by deleting the table set forth therein in its entirety and substituting therefor the following: ========================================================== ================================= Minimum Cash Interest Period Coverage Ratio ========================================================== ================================= The last day of Fiscal Year 2000 - the day immediately 1.65:1.00 preceding the end of 1st Fiscal Quarter 2001 ---------------------------------------------------------- --------------------------------- The last day of 1st Fiscal Quarter 2001 - the day 1.70:1.00 immediately preceding the end of 2nd Fiscal Quarter 2001 ---------------------------------------------------------- --------------------------------- The last day of 2nd Fiscal Quarter 2001 - the day 1.85:1.00 immediately preceding the end of 3rd Fiscal Quarter 2001 ---------------------------------------------------------- --------------------------------- ========================================================== ================================= Minimum Cash Interest Period Coverage Ratio ========================================================== ================================= The last day of 3rd Fiscal Quarter 2001 - the day 2.10:1.00 immediately preceding the end of Fiscal Year 2001 ---------------------------------------------------------- --------------------------------- The last day of Fiscal Year 2001 - the day immediately 2.30:1.00 preceding the end of 2nd Fiscal Quarter 2002 ---------------------------------------------------------- --------------------------------- The last day of 2nd Fiscal Quarter 2002 - thereafter 2.50:1.00 ========================================================== =================================
Minimum Cash Interest Coverage Ratio. Company shall not permit the ratio of (i) Consolidated EBITDA to (ii) Consolidated Cash Interest Expense for any four-Fiscal Quarter period ending during any of the periods set forth below to be less than the correlative ratio indicated: Period ending Minimum Cash Interest Ratio Second Fiscal Quarter 2005 2.70:1.00 Third Fiscal Quarter 2005 2.70:1.00 Fourth Fiscal Quarter 2005 2.75:1.00 First Fiscal Quarter 2006 2.80:1.00 Second Fiscal Quarter 2006 2.80:1.00 Third Fiscal Quarter 2006 2.85:1.00 Fourth Fiscal Quarter 2006 2.90:1.00 First Fiscal Quarter 2007 2.95:1.00 Second Fiscal Quarter 2007 3.00:1.00 Third Fiscal Quarter 2007 3.00:1.00 Fourth Fiscal Quarter 2007 3.10:1.00 First Fiscal Quarter 2008 3.30:1.00 Second Fiscal Quarter 2008 3.30:1.00 Third Fiscal Quarter 2008 3.30:1.00 Fourth Fiscal Quarter 2008 3.30:1.00 First Fiscal Quarter 2009 3.40:1.00 Second Fiscal Quarter 2009 3.40:1.00 Third Fiscal Quarter 2009 3.40:1.00 Fourth Fiscal Quarter 2009 3.40:1.00 First Fiscal Quarter 2010 and each Fiscal Quarter thereafter 3.50:1.00
Minimum Cash Interest Coverage Ratio. Permit the ratio of (i) Consolidated Adjusted EBITDA to (ii) Consolidated Cash Interest Expense for any four-Fiscal Quarter period ending on the dates set forth below to be less than the correlative ratio indicated, provided that for purposes of calculating Consolidated Cash Interest Expense in this Section 6.6(a), Consolidated Cash Interest Expense shall be equal to (i) for the period ending MARCH 31, 2004, Consolidated Cash Interest Expense for the Fiscal Quarter ended MARCH 31, 2004 multiplied by 4, (ii) for the period ending JUNE 30, 2004, Consolidated Cash Interest Expense for the two Fiscal Quarters ended JUNE 30, 2004 multiplied by 2, and (iii) for the period ending SEPTEMBER 30, 2004, Consolidated Cash Interest Expense for the three Fiscal Quarters ended SEPTEMBER 30, 2004 multiplied by one and one-third: MINIMUM CASH FOUR FISCAL QUARTER PERIOD INTEREST CHARGE ENDING COVERAGE RATIO --------------------------------------------------------------------- March 31, 2004 2.25:1.00 June 30, 2004 2.25:1.00 September 30, 2004 2.25:1.00 December 31, 2004 2.25:1.00 March 31, 2005 2.30:1.00 June 30, 2005 2.30:1.00 September 30, 2005 2.30:1.00 December 31,2005 2.30:1.00 March 31, 2006 2.40:1.00 June 30, 2006 2.40:1.00 September 30, 2006 2.40:1.00 December 31, 2006 2.40:1.00 March 31, 2007 2.55:1.00 June 30, 2007 2.55:1.00 September 30, 2007 2.55:1.00 December 31, 2007 2.55:1.00 March 31, 2008 2.75:1.00 June 30, 2008 2.75:1.00 September 30, 2008 2.75:1.00 December 31, 2008 2.75:1.00 108 CREDIT AND GUARANTY AGREEMENT EXECUTION 824610-New York Server 7A MINIMUM CASH FOUR FISCAL QUARTER PERIOD INTEREST CHARGE ENDING COVERAGE RATIO --------------------------------------------------------------------- March 31, 2009 3.00:1.00 June 30, 2009 3.00:1.00 September 30, 2009 3.00:1.00 December 31, 2009 3.00:1.00 and each Fiscal Quarter ending thereafter
Minimum Cash Interest Coverage Ratio. Company shall not permit the ratio of (i) Consolidated EBITDA to (ii) Consolidated Cash Interest Expense for any four-Fiscal Quarter period ending during any of the periods set forth below to be less than the correlative ratio indicated: Period ending Minimum Cash Interest Ratio Second Fiscal Quarter 2005 2.70:1.00 Third Fiscal Quarter 2005 2.70:1.00 Fourth Fiscal Quarter 2005 1.75:1.00 First Fiscal Quarter 2006 2.00:1.00 Third Fiscal Quarter 2006 1.70:1.00 Fourth Fiscal Quarter 2006 1.70:1.00 First Fiscal Quarter 2007 1.70:1.00 Second Fiscal Quarter 2007 1.70:1.00 Third Fiscal Quarter 2007 1.75:1.00 Fourth Fiscal Quarter 2007 1.85:1.00 First Fiscal Quarter 2008 2.00:1.00 Second Fiscal Quarter 2008 2.00:1.00 Third Fiscal Quarter 2008 2.10:1.00 Fourth Fiscal Quarter 2008 2.15:1.00 First Fiscal Quarter 2009 and each Fiscal Quarter thereafter 2.50:1.00 For purposes of calculating compliance with the Minimum Cash Interest Coverage Ratio covenant set forth in this subsection 7.6A for the period from the Fourth Amendment Effective Date though the first anniversary of the Fourth Amendment Effective Date, Consolidated Cash Interest Expense shall be calculated as of any date of determination by multiplying Consolidated Cash Interest Expense from the Fourth Amendment Effective Date through such date of determination by a fraction the numerator of which is 365 and the denominator of which is the number of days elapsed since the Fourth Amendment Effective Date as of such date of determination.”
Minimum Cash Interest Coverage Ratio. Company shall not permit the ratio of (I) Consolidated Adjusted EBITDA to (II) Consolidated Cash Interest Expense for any four-Fiscal Quarter period ending as of the last day of each Fiscal Quarter set forth in the table below to be less than the ratio set forth beside such quarter in such table: MINIMUM CASH INTEREST FISCAL QUARTER ENDING COVERAGE RATIO ========================================================== ================================== September 30, 2002 3.00:1.00 December 31, 2002 3.00:1.00 March 31, 2003 3.00:1.00 June 30, 2003 3.00:1.00 September 30, 2003 3.00:1.00 December 31, 2003 3.00:1.00 March 31, 2004 3.00:1.00 June 30, 2004 3.00:1.00 September 30, 2004 3.00:1.00 and thereafter ========================================================== ==================================
Minimum Cash Interest Coverage Ratio. Permit the ratio of (i) Consolidated Adjusted EBITDA to (ii) Consolidated Cash Interest Expense for any four-Fiscal Quarter period ending on the dates set forth below to be less than the correlative ratio indicated Four Fiscal Quarter Period Ending Minimum Cash Interest Charge Coverage Ratio June 30, 2006 1.85:1.00 September 30, 2006 1.85:1.00 December 31, 2006 1.85:1.00 March 31, 2007 2.00:1.00 June 30, 2007 2.15:100 September 30, 2007 2.15:100 December 31, 2007 2.25:100 March 31, 2008 2.75:1.00 June 30, 2008 2.75:1.00 September 30, 2008 2.75:1.00 December 31, 2008 2.75:1.00 March 31, 2009 3.00:1.00 June 30, 2009 3.00:1.00 September 30, 2009 3.00:1.00 December 31, 2009 and each Fiscal Quarter ending thereafter 3.00:1.00
Minimum Cash Interest Coverage Ratio. The Company shall not permit the Cash Interest Expense Coverage Ratio for any four-Fiscal Quarter period ending on the date set forth below to be less than the correlative ratio indicated: MINIMUM INTEREST PERIOD COVERAGE RATIO ------------------ ---------------- December 31, 2003 2.50:1.00 March 31, 2004 2.50:1.00 June 30, 2004 2.50:1.00 September 30, 2004 2.50:1.00 December 31, 2004 2.50:1.00 March 31, 2005 2.75:1.00 June 30, 2005 2.75:1.00 September 30, 2005 2.75:1.00 December 31, 2005 2.75:1.00 March 31, 2006 and the last day of each Fiscal Quarter thereafter 3.00:1.00
