Common use of Minimum Consolidated Interest Coverage Ratio Clause in Contracts

Minimum Consolidated Interest Coverage Ratio. As of the last day of any fiscal quarter, commencing with the fiscal quarter ending on June 30, 2022, the Borrower shall not permit the Consolidated Interest Coverage Ratio for the Test Period ending on such date to be less than 2.50:1.00.

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (Excelerate Energy, Inc.)

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Minimum Consolidated Interest Coverage Ratio. As of Holdings and the last day of any fiscal quarter, commencing with the fiscal quarter ending on June 30, 2022, the Borrower shall Borrowers will not permit the Consolidated Interest Coverage Ratio for the any Test Period ending (taken as one accounting period) ended on such date the last day of a fiscal quarter of the Borrowers described below to be less than 2.50:1.00.the amount set forth opposite such fiscal quarter below: Fiscal Quarter Ended Closest to the Last Day In Ratio ------------------ ----- March, 1997 25.50:1.0 June, 1997 6.25:1.0 September, 1997 3.75:1.0 December, 1997 2.70:1.0 March, 1998 2.50:1.0 June, 1998 2.50:1.0 and thereafter

Appears in 1 contract

Samples: Credit Agreement (Neodata Services Inc)

Minimum Consolidated Interest Coverage Ratio. As of the last day of any fiscal quarter, commencing with the fiscal quarter ending on June 30, 2022, the The Borrower shall will not permit the Consolidated Interest Coverage Ratio for the any Test Period ending ended on such date the last day of a fiscal quarter of the Borrower set forth below to be less than 2.50:1.00.the amount set forth opposite such fiscal quarter below: Fiscal Quarter Ending Ratio --------------------- ----- December 31, 1996 1.50:1 March 31, 1997 1.50:1 June 30, 1997 1.50:1

Appears in 1 contract

Samples: Credit Agreement (Atrium Companies Inc)

Minimum Consolidated Interest Coverage Ratio. As of the last day of any fiscal quarter, commencing with the fiscal quarter ending on June 30, 2022, the Borrower shall The Borrowers will not permit the Consolidated Interest Coverage Ratio for as of the Test Period ending on such date last day of any Fiscal Quarter occurring during any period set forth below to be less than 2.50:1.00.the ratio set forth opposite such period: Minimum Consolidated Interest Period Coverage Ratio From the Closing Date through (and including) the last day of the Fiscal Quarter in which the Substantial Completion Date occurs 1.4:1.0 The first Fiscal Quarter after the Fiscal Quarter in which the Substantial Completion Date occurs and thereafter 1.6:1.0 116

Appears in 1 contract

Samples: Credit Agreement (Las Vegas Sands Corp)

Minimum Consolidated Interest Coverage Ratio. As of the last day of any fiscal quarter, commencing with the fiscal quarter ending on June 30, 2022, The Company and the Borrower shall will not permit the Consolidated Interest Coverage Ratio for as of the Test Period ending on such date last day of any Fiscal Quarter occurring during any period set forth below to be less than 2.50:1.00.the ratio set forth opposite such period: Minimum Consolidated Full Fiscal Quarter following Interest the Trigger Date Coverage Ratio First and Second 2.50:1.0 Third and Fourth 3.00:1.0 Fifth and Sixth 3.50:1.0 Seventh and thereafter 4.00:1.0 160

Appears in 1 contract

Samples: Credit Agreement (Las Vegas Sands Corp)

Minimum Consolidated Interest Coverage Ratio. As of the last day of any fiscal quarter, commencing with the fiscal quarter ending on June September 30, 2022, the Borrower shall not permit the Consolidated Interest Coverage Ratio for the Test Period ending on such date to be less than 2.50:1.00.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Excelerate Energy, Inc.)

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Minimum Consolidated Interest Coverage Ratio. As The Borrower -------------------------------------------- will not, as of the last day of any fiscal quarterquarter of the Borrower, commencing with the fiscal quarter ending on June 30December 31, 20221997, the Borrower shall not permit the Consolidated Interest Coverage Ratio for the Test Period period of four fiscal quarters ending on such date day, to be less than 2.50:1.003.0 to 1.0.

Appears in 1 contract

Samples: Assignment Agreement (Gardner Denver Inc)

Minimum Consolidated Interest Coverage Ratio. As of the last day of any fiscal quarter, commencing with the fiscal quarter ending on June 30, 2022, the The Borrower shall will not permit the Consolidated Interest Coverage Ratio for as of the Test Period ending on such date last day of any Fiscal Quarter occurring during any period set forth below to be less than 2.50:1.00.the ratio set forth opposite such period: Minimum Full Fiscal Quarter following Consolidated Interest the Trigger Date Coverage Ratio First, Second, Third and Fourth 3.50:1.0 Fifth, Sixth, Seventh and Eighth 3.75:1.0 Ninth and thereafter 4.00:1.0

Appears in 1 contract

Samples: Credit Agreement (Las Vegas Sands Corp)

Minimum Consolidated Interest Coverage Ratio. As of the last day of any fiscal quarter, commencing with the fiscal quarter ending on June 30, 2022, the The Borrower shall will -------------------------------------------- not permit the Consolidated Interest Coverage Ratio for the any Test Period ending on such date the last day of a fiscal quarter of the Borrower set forth below to be less than 2.50:1.00.the ratio set forth opposite such fiscal quarter below: Fiscal Quarter Ending Ratio --------------------- --------- June 30, 2001 2.50:1.00 September 30, 2001 2.50:1.00 December 31, 2001 and thereafter 3.00:1.00

Appears in 1 contract

Samples: Credit Agreement (Manitowoc Co Inc)

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