Common use of Minimum Interest Coverage Ratio Clause in Contracts

Minimum Interest Coverage Ratio. (Section 8.2.15). The ratio of (A) Consolidated EBITDA to (B) consolidated interest expense for the four (4) fiscal quarters then ended of the Borrower and its Consolidated Subsidiaries, as of the Report Date, is to 1.0 which is not less than 4.0 to 1.0.

Appears in 4 contracts

Samples: Credit Agreement (Federated Investors Inc /Pa/), Credit Agreement (Federated Investors Inc /Pa/), Intercompany Subordination Agreement (Federated Investors Inc /Pa/)

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Minimum Interest Coverage Ratio. (Section 8.2.158.2.9). The ratio of (A) Consolidated EBITDA to (B) consolidated interest expense for the four (4) fiscal quarters then ended of the Borrower and its Consolidated Subsidiaries, as As of the Report Date, the ratio of EBITDA to Interest Expense, calculated as of the end of each fiscal quarter ending after the Closing Date for the four fiscal quarters then most recently ended, is _________________ [insert ratio from Item (2)(C) below] (“Interest Coverage Ratio”), which ratio is greater than or equal to 1.0 which is not less than 4.0 3.50 to 1.0.1.00. The calculations for the Interest Coverage Ratio are as follows:

Appears in 3 contracts

Samples: Credit Agreement (RPM International Inc/De/), Credit Agreement (RPM International Inc/De/), Credit Agreement (RPM International Inc/De/)

Minimum Interest Coverage Ratio. (Section 8.2.15). The ratio of (A) Consolidated EBITDA to (B) consolidated interest expense Consolidated Interest Expense, calculated for the Company and its Restricted Subsidiaries as of the end of each fiscal quarter of the Company for the four (4) fiscal quarters then ended of the Borrower and its Consolidated Subsidiariesended, as of the Report Date, is to 1.0 which is shall not be less than 4.0 2.50 to 1.01.00.

Appears in 2 contracts

Samples: Credit (Smithfield Foods Inc), Credit Agreement (Smithfield Foods Inc)

Minimum Interest Coverage Ratio. (Section 8.2.15). 7.2.16) The ratio of (A) Consolidated EBITDA to (B) consolidated interest expense for the four (4) fiscal quarters then ended Consolidated Interest Expense of the Borrower and its Consolidated Subsidiaries, is ___ to 1.0 as of the Report Date, is to 1.0 which is not less than 4.0 the required minimum ratio of 3.0 to 1.01.0 as of the Report Date.

Appears in 2 contracts

Samples: Credit Agreement (Triumph Group Inc /), Credit Agreement (Triumph Group Inc /)

Minimum Interest Coverage Ratio. (Section 8.2.15). 8.2.18) The ratio of (A) Consolidated EBITDA to (B) consolidated interest expense for the four (4) fiscal quarters then ended Consolidated Cash Interest Expense of the Borrower and its Consolidated Subsidiaries, Loan Parties is to 1.0 (insert from Item 2(c) below) as of the Report DateDate for the four fiscal quarters then ended, is to 1.0 which is not less than 4.0 the permitted ratio of 3.0 to 1.0.

Appears in 2 contracts

Samples: Credit Agreement (CNX Gas Corp), Joinder and Assumption Agreement (CONSOL Energy Inc)

Minimum Interest Coverage Ratio. (Section 8.2.158.2.13(a). ) The ratio of (A) Consolidated EBITDA to (B) consolidated interest expense for the four (4) fiscal quarters then ended of the Borrower and its Consolidated Subsidiaries, Cash Interest Expense as of the Report Date, Date is (insert from Item 1(C) below): to 1.0 which is not less than 4.0 to 1.0 to 1.0.

Appears in 2 contracts

Samples: Credit Agreement (CNX Coal Resources LP), Credit Agreement (CNX Coal Resources LP)

Minimum Interest Coverage Ratio. (Section 8.2.158.2.14). The ratio of (A) Consolidated EBITDA to (B) consolidated interest expense for the four (4) fiscal quarters then ended of the Borrower and its Consolidated Subsidiaries, as As of the Report Date, the ratio of Consolidated EBITDA less capital expenditures of the Company and its Subsidiaries to consolidated interest expense of the Company and its Subsidiaries, calculated as of the end of each fiscal quarter for the four quarters then ended, is _________________ [insert ratio from Item 2(C) below], which ratio is greater than or equal to 1.0 which is not less than 4.0 3.00 to 1.0.1.00. The calculations for the Interest Coverage Ratio are as follows:

Appears in 1 contract

Samples: Credit Agreement (Foster L B Co)

Minimum Interest Coverage Ratio. (Section 8.2.15). The ratio of (Ai) Consolidated Adjusted EBITDA to (B) consolidated interest expense for the four (4) two fiscal quarters then ended quarter period of the Borrower and its most recently ending (annualized) to (ii) Consolidated SubsidiariesInterest Expense for such period (annualized), as of the Report Date, is to be less than 2.0 to 1.0 which is not less than 4.0 to 1.0at the end of any fiscal quarter.

Appears in 1 contract

Samples: Credit Agreement (United Dominion Realty Trust Inc)

Minimum Interest Coverage Ratio. (Section 8.2.158.2.9). The ratio of (A) Consolidated EBITDA to (B) consolidated interest expense for the four (4) fiscal quarters then ended of the Borrower and its Consolidated Subsidiaries, as As of the Report Date, the ratio of EBITDA to Interest Expense, calculated as of the end of each fiscal quarter ending after the Closing Date for the four fiscal quarters then most recently ended, is [insert ratio from Item (2)(C) below] (“Interest Coverage Ratio”), which ratio is greater than or equal to 1.0 which is not less than 4.0 3.50 to 1.0.1.00. The calculations for the Interest Coverage Ratio are as follows:

Appears in 1 contract

Samples: Credit Agreement (RPM International Inc/De/)

Minimum Interest Coverage Ratio. (Section 8.2.157.2.10). The ratio of (Ai) Consolidated EBITDA EBIT to (Bii) consolidated interest expense is to 1.0 for the period equal to the four (4) consecutive fiscal quarters then ended of the Borrower ATI and its Consolidated Subsidiaries, Subsidiaries ending as of the Report Date, is to 1.0 which is not less than 4.0 the permitted ratio of 2.0 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (Allegheny Technologies Inc)

Minimum Interest Coverage Ratio. (Section 8.2.158.2(b)). The ratio of (A) Consolidated EBITDA to (B) consolidated interest expense expense, for the four (4) fiscal quarters then ended of the Borrower and its Consolidated Subsidiaries, ending as of the Report Date, is ________ to 1.0 which is not less than 4.0 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (Federated Investors Inc /Pa/)

Minimum Interest Coverage Ratio. (Section 8.2.158.2.14). The ratio of (A) Consolidated EBITDA to (B) consolidated interest expense for the four (4) fiscal quarters then ended of the Borrower and its Consolidated Subsidiaries, as As of the Report Date, the ratio of Consolidated EBITDA less capital expenditures of the Company and its Subsidiaries to consolidated interest expense of the Company and its Subsidiaries, calculated as of the end of each fiscal quarter for the four quarters then ended, is _________________ [insert ratio from Item 2(E) below], which ratio is greater than or equal to 1.0 which is not less than 4.0 3.00 to 1.0.1.00. The calculations for the Interest Coverage Ratio are as follows:

Appears in 1 contract

Samples: Credit Agreement (Foster L B Co)

Minimum Interest Coverage Ratio. (Section 8.2.158.2.14). The ratio of (A) Consolidated EBITDA to (B) consolidated interest expense for the four (4) fiscal quarters then ended of the Borrower and its Consolidated Subsidiaries, as As of the Report Date, the ratio of Consolidated EBITDA less capital expenditures of the Company and its Subsidiaries to consolidated interest expense of the Company and its Subsidiaries, calculated as of the end of each fiscal quarter for the four quarters then ended, is [insert ratio from Item 2(C) below], which ratio is greater than or equal to 1.0 which is not less than 4.0 3.00 to 1.0.1.00. The calculations for the Interest Coverage Ratio are as follows:

Appears in 1 contract

Samples: Credit Agreement (Foster L B Co)

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Minimum Interest Coverage Ratio. (Section 8.2.15). The ratio of (Ai) Consolidated EBITDA to (B) consolidated interest expense for the four (4) fiscal quarters then ended quarter period of the Borrower and its Consolidated Subsidiariesmost recently ending to (ii) Interest Expense for such period, as to be less than 2.0 to 1.0 at the end of each fiscal quarter of the Report Date, is to 1.0 which is not less than 4.0 to 1.0Borrower.

Appears in 1 contract

Samples: Credit Agreement (Post Apartment Homes Lp)

Minimum Interest Coverage Ratio. (Section 8.2.158.2.13(a). ) The ratio of (A) Consolidated EBITDA to (B) consolidated interest expense for the four (4) fiscal quarters then ended Consolidated Cash Interest Expense of the Borrower and its Consolidated Subsidiaries, Loan Parties is to 1.0 (insert from Item 1(C) below) as of the Report DateDate for the four fiscal quarters then ended, is to 1.0 which is not less than 4.0 the permitted ratio of 3.0 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (CNX Coal Resources LP)

Minimum Interest Coverage Ratio. (Section 8.2.15). The At the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending December 31, 1999, the ratio of (A) Consolidated EBITDA to (B) consolidated interest expense for the immediately preceding four (4) fiscal quarters Fiscal Quarters then ended of to Consolidated Interest Expense for the Borrower and its Consolidated Subsidiaries, as of the Report Date, is immediately preceding four (4) Fiscal Quarters then ended shall be greater than 3.50 to 1.0 which is not less than 4.0 to 1.01.00.

Appears in 1 contract

Samples: Credit Agreement (Scana Corp)

Minimum Interest Coverage Ratio. (Section 8.2.158.2.18). The ratio of (Aa) Consolidated EBITDA to (Bb) consolidated interest expense Consolidated Cash Interest Expense calculated as of the Report Date for the four (4) fiscal quarters then ended is: which is not less than the minimum permitted ratio of the Borrower and its Consolidated Subsidiaries, 4.50 to 1.00 as of the Report Date, is to 1.0 which is not less than 4.0 to 1.0.

Appears in 1 contract

Samples: Collateral Trust Agreement (Consol Energy Inc)

Minimum Interest Coverage Ratio. (Section 8.2.158.2.14(a). ) The ratio of (A) Consolidated EBITDA to (B) consolidated interest expense for the four (4) fiscal quarters then ended Consolidated Cash Interest Expense of the Borrower and its Consolidated Subsidiaries, Loan Parties is to 1.0 (insert from Item 1(C) below) as of the Report DateDate for the four fiscal quarters then ended, is to 1.0 which is not less than 4.0 the permitted ratio of 2.5 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (CONSOL Energy Inc)

Minimum Interest Coverage Ratio. (Section 8.2.15). 8.2.18) The ratio of (A) Consolidated EBITDA to (B) consolidated interest expense for the four (4) fiscal quarters then ended Consolidated Cash Interest Expense of the Borrower and its Consolidated Subsidiaries, Subsidiaries is to 1.00 as of the Report DateDate for the four fiscal quarters then ended, is to 1.0 which is not less than 4.0 the permitted ratio of 4.50 to 1.01.00.

Appears in 1 contract

Samples: Collateral Trust Agreement (Consol Energy Inc)

Minimum Interest Coverage Ratio. (Section 8.2.158.2.14). The ratio of (A) Consolidated EBITDA to (B) consolidated interest expense for the four (4) fiscal quarters then ended of the Borrower and its Consolidated Subsidiaries, as As of the Report Date, the ratio of Consolidated EBITDA less capital expenditures of the Company and its Subsidiaries to consolidated interest expense of the Company and its Subsidiaries, calculated as of the end of each fiscal quarter for the four quarters then ended, is 8.03 which ratio is greater than or equal to 1.0 which is not less than 4.0 3.00 to 1.0.1.00. The calculations for the Interest Coverage Ratio are as follows:

Appears in 1 contract

Samples: Security Agreement (Foster L B Co)

Minimum Interest Coverage Ratio. (Section 8.2.15). The Maintain a ratio of (A) Consolidated EBITDA to (B) consolidated interest expense for the four (4) fiscal quarters then ended Consolidated Interest Expense of the Borrower and its Consolidated Subsidiaries, as of the Report Date, is to 1.0 which is not less than 4.0 to 1.0.the ratio specified for each of the following periods: For the Four Fiscal Quarters Ending Ratio ------------------- ------- 01/97 2.15:1 04/97 2.25:1 07/97 2.35:1 09/97 2.45:1 1/98 2.55:1 4/98 2.65:1 7/98 2.80:1 10/98 2.90:1 and thereafter

Appears in 1 contract

Samples: Revolving Credit Agreement (Foodmaker Inc /De/)

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