Common use of Minimum Interest Coverage Ratio Clause in Contracts

Minimum Interest Coverage Ratio. The Company shall not permit the ratio, calculated as of the end of each fiscal quarter ending after the Closing Date for the four fiscal quarters then most recently ended, of EBITDA for such period to Interest Expense for such period to be less than 3.50 to 1.00.

Appears in 5 contracts

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

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Minimum Interest Coverage Ratio. The Company shall not permit the ratio, calculated as ratio of (i) Consolidated EBITDA minus (to the extent included therein) interest income to (ii) Consolidated Interest Expense at the end of each fiscal quarter ending after the Closing Date for the four fiscal quarters then most recently ended, Fiscal Quarter period ending on the last day of EBITDA for such period to Interest Expense for such period any Fiscal Quarter to be less than 3.50 to 1.003.5:1.0.

Appears in 3 contracts

Samples: Credit Agreement (Express Scripts Inc), Credit Agreement (Express Scripts Inc), Credit Agreement (Express Scripts Inc)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratioratio (the “Interest Coverage Ratio”), calculated determined as of the end of each of its fiscal quarter quarters ending on and after the Closing Date June 30, 2017, of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the period of four (4) consecutive fiscal quarters then most recently endedending with the end of such fiscal quarter, of EBITDA all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 3.00 to 1.00.

Appears in 3 contracts

Samples: Credit Agreement (Cimpress N.V.), Credit Agreement (Cimpress N.V.), And Restatement Agreement (Cimpress N.V.)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratio, calculated as of at the end of each fiscal quarter any quarterly financial reporting period (beginning with the quarterly financial reporting period ending after September 30, 2018) the Closing Date for the four fiscal quarters then most recently ended, ratio of Consolidated EBITDA for such period to Consolidated Interest Expense for the period of four consecutive fiscal quarters ending on the last day of such period quarterly financial reporting period, taken as a single period, to be less than 3.50 to 1.003.00:1.00.

Appears in 3 contracts

Samples: Credit Agreement (Perspecta Inc.), Credit Agreement (Perspecta Inc.), Credit Agreement (Perspecta Inc.)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratioratio (the “Interest Coverage Ratio”), calculated determined as of the end last day of each of its fiscal quarter quarters ending after the Closing Date June 30, 2012, of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the period of four (4) consecutive fiscal quarters then most recently endedending with the last day of such fiscal quarter, of EBITDA all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 to 1.00.

Appears in 3 contracts

Samples: Amendment and Restatement Agreement (Hillenbrand, Inc.), Private Shelf Agreement (Hillenbrand, Inc.), Credit Agreement (Hillenbrand, Inc.)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratio, calculated as of at the end of each fiscal quarter ending after any quarterly financial reporting period the Closing Date for the four fiscal quarters then most recently ended, ratio of Consolidated EBITDA for such period to Consolidated Interest Expense for the period of four consecutive fiscal quarters ending on the last day of such period quarterly financial reporting period, taken as a single period, to be less than 3.50 3.00 to 1.00.

Appears in 2 contracts

Samples: Credit Agreement (Computer Sciences Corp), Term Loan Credit Agreement (Computer Sciences Corp)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratioratio (the “Interest Coverage Ratio”), calculated determined as of the end last day of each of its fiscal quarter quarters ending on and after the Closing Date December 31, 2017, of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the period of four (4) consecutive fiscal quarters then most recently endedending with the last day of such fiscal quarter, of EBITDA all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 3.00 to 1.00.

Appears in 2 contracts

Samples: Credit Agreement (Hillenbrand, Inc.), Hillenbrand, Inc.

Minimum Interest Coverage Ratio. The Company shall will not permit the ratio, calculated determined as of the end of each of its fiscal quarter ending after the Closing Date quarters, of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the period of four fiscal quarters then most recently ended(4) consecutive Fiscal Quarters ending with the end of such Fiscal Quarter, of EBITDA all calculated for such period to Interest Expense for such period the Company and its Consolidated Subsidiaries to be less than 3.50 2.50 to 1.00.

Appears in 2 contracts

Samples: Credit Agreement (Masco Corp /De/), Credit Agreement (Masco Corp /De/)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratio, calculated determined as of the end of each fiscal quarter ending after the Closing Date of its Fiscal Quarters, of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the period of four fiscal quarters then most recently ended(4) consecutive Fiscal Quarters ending with the end of such Fiscal Quarter, of EBITDA for such period to Interest Expense for such period to be less than 3.50 2.50 to 1.00.

Appears in 2 contracts

Samples: Credit Agreement (Masco Corp /De/), Credit Agreement (Masco Corp /De/)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratioratio (the “Interest Coverage Ratio”), calculated determined as of the end of each of its fiscal quarter ending after the Closing Date quarters, of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the period of four (4) consecutive fiscal quarters then most recently endedending with the end of such fiscal quarter, of EBITDA all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 to 1.00.

Appears in 2 contracts

Samples: Credit Agreement (John Bean Technologies CORP), Credit Agreement (John Bean Technologies CORP)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratioratio (the “Interest Coverage Ratio”), calculated determined as of the end of each of its fiscal quarter quarters ending on and after the Closing Date December 31, 2015, of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the period of four (4) consecutive fiscal quarters then most recently endedending with the end of such fiscal quarter, of EBITDA all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 3.00 to 1.00.

Appears in 2 contracts

Samples: Credit Agreement (Ametek Inc/), Credit Agreement (Esco Technologies Inc)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratioratio (the “Interest Coverage Ratio”), calculated determined as of the end of each of its fiscal quarter quarters ending on and after the Closing Date March 31, 2012, of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the period of four (4) consecutive fiscal quarters then most recently endedending with the end of such fiscal quarter, of EBITDA all calculated for such period to Interest Expense for such period the Company and the Restricted Subsidiaries on a consolidated basis, to be less than 3.50 3.00 to 1.00.

Appears in 2 contracts

Samples: Credit Agreement (Watsco Inc), Credit Agreement (Watsco Inc)

Minimum Interest Coverage Ratio. The Company shall not permit Permit the ratio, calculated as ratio of (A) EBITDA to (B) interest expense of the end of Company and its Subsidiaries on a consolidated basis, in each fiscal quarter ending after the Closing Date case for the four fiscal quarters then most recently ended, ending on the last day of EBITDA for such period to Interest Expense for such period any fiscal quarter of the Company to be less than 3.50 to 1.004.50:1.00.

Appears in 2 contracts

Samples: Credit Agreement (Steelcase Inc), Credit Agreement (Steelcase Inc)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratio, calculated determined as of the end of each of its fiscal quarter quarters ending on and after the Closing Date March 4, 2006 for the four period of 4 consecutive fiscal quarters then most recently endedending with the end of such fiscal quarter, of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 2.5 to 1.001.0.

Appears in 2 contracts

Samples: Credit Agreement (Fuller H B Co), Credit Agreement (Fuller H B Co)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratio, calculated as of at the end of each fiscal quarter ending after any quarterly financial reporting period the Closing Date for the four fiscal quarters then most recently ended, ratio of Consolidated EBITDA for such period to Consolidated Interest Expense for the period of four consecutive fiscal quarters ending on the last day of such period quarterly financial reporting period, taken as a single period, to be less than 3.50 to 1.003.00:1.00.

Appears in 2 contracts

Samples: Credit Agreement (CSRA Inc.), Credit Agreement (CSRA Inc.)

Minimum Interest Coverage Ratio. The Company shall not permit the ratioratio of Consolidated EBIT to consolidated interest expense of the Company and its Subsidiaries, each calculated as of the end of each fiscal quarter ending after the Closing Date for the immediately preceding four (4) fiscal quarters then most recently endedquarters, of EBITDA for such period to Interest Expense for such period to be less than 3.50 3.0 to 1.001.0.

Appears in 2 contracts

Samples: Credit Agreement (Brady Corp), Credit Agreement (Brady Corp)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratioratio (the “Interest Coverage Ratio”), calculated determined as of the end of each of its fiscal quarter quarters ending on and after the Closing Date September 30, 2017, of (i) Consolidated EBIT to (ii) Consolidated Interest Expense, in each case for the period of four (4) consecutive fiscal quarters then most recently endedending with the end of such fiscal quarter, of EBITDA all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 3.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Newmarket Corp)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratio, calculated determined as of the end of each of its fiscal quarter quarters ending on and after the Closing Date December 3, 2016 for the four period of 4 consecutive fiscal quarters then most recently endedending with the end of such fiscal quarter, of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 2.5 to 1.001.0.

Appears in 1 contract

Samples: Credit Agreement (Fuller H B Co)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratioratio (the "Interest Coverage Ratio"), calculated determined as of the end of each of its fiscal quarter quarters ending on and after the Closing Date September 30, 2007, of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the period of four (4) consecutive fiscal quarters then most recently endedending with the end of such fiscal quarter, of EBITDA all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 3.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Forest Laboratories Inc)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratioratio (the “Interest Coverage Ratio”), calculated determined as of the end of each of its fiscal quarter quarters ending on and after the Closing Date June 30, 2014, of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the period of four (4) consecutive fiscal quarters then most recently endedending with the end of such fiscal quarter, of EBITDA all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Under Armour, Inc.)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratio, calculated determined as of the end of each of its fiscal quarter quarters ending on and after the Closing Date June 26, 2010 for the four period of 4 consecutive fiscal quarters then most recently endedending with the end of such fiscal quarter, of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 2.75 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Central Garden & Pet Co)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratioratio (the “Interest Coverage Ratio”), calculated determined as of the end of each of its fiscal quarter quarters ending on and after the Closing Date September 30, 2008, of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the period of four (4) consecutive fiscal quarters then most recently endedending with the end of such fiscal quarter, of EBITDA all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (John Bean Technologies CORP)

Minimum Interest Coverage Ratio. The Company shall not permit the ratioratio of EBITDA to Interest Expense, in each case calculated as of the end of each fiscal quarter ending after the Closing Date for the period of four consecutive fiscal quarters then most recently endedending on the date of calculation, of EBITDA for such period to Interest Expense for such period to be less than 3.50 to 1.002.50:1.00 as of the last day of any fiscal quarter during the term hereof.

Appears in 1 contract

Samples: Credit Agreement (Mdu Resources Group Inc)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratio, calculated determined as of the end of each of its fiscal quarter quarters ending on and after the Closing Date June 26, 2010 for the four period of 4 consecutive fiscal quarters then most recently endedending with the end of such fiscal quarter, of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 to 1.00.than:

Appears in 1 contract

Samples: Credit Agreement (Central Garden & Pet Co)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratio, calculated determined as of the end of each of its fiscal quarters ending on and after June 30, 2015, of (i) Consolidated EBITDA for the period of 4 consecutive fiscal quarters ending with the end of such fiscal quarter ending after the Closing Date for the four fiscal quarters then most recently ended, of EBITDA for such period to (ii) Consolidated Interest Expense for such period period, all calculated for the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Tennant Co)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratioratio (the “Interest Coverage Ratio”), calculated determined as of the end of each of its fiscal quarter quarters ending on and after the Closing Date October 31, 2015, of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the period of four (4) consecutive fiscal quarters then most recently endedending with the end of such fiscal quarter, of EBITDA all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 3.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Analogic Corp)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratioratio (the “Interest Coverage Ratio”), calculated determined as of the end of each of its fiscal quarter quarters ending on and after the Closing Date June 30, 2018, of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the period of four (4) consecutive fiscal quarters then most recently endedending with the end of such fiscal quarter, of EBITDA all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 3.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Akamai Technologies Inc)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratio, calculated determined as of the end of each of its fiscal quarter quarters ending on and after the Closing Date August 30, 2014 for the four period of 4 consecutive fiscal quarters then most recently endedending with the end of such fiscal quarter, of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 2.5 to 1.001.0.

Appears in 1 contract

Samples: Assignment and Assumption (Fuller H B Co)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratioratio (the “Interest Coverage Ratio”), calculated determined as of the end of each of its fiscal quarter quarters ending on and after the Closing Date March 31, 2008, of (i) Consolidated EBIT to (ii) Consolidated Interest Expense, in each case for the period of four (4) consecutive fiscal quarters then most recently endedending with the end of such fiscal quarter, of EBITDA all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 3.00 to 1.00.

Appears in 1 contract

Samples: Pledge Agreement (Bruker Biosciences Corp)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratio, calculated determined as of the end of each of its fiscal quarter quarters ending on and after the Closing Date March 3, 2012 for the four period of 4 consecutive fiscal quarters then most recently endedending with the end of such fiscal quarter, of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 2.5 to 1.001.0.

Appears in 1 contract

Samples: Credit Agreement (Fuller H B Co)

Minimum Interest Coverage Ratio. The Company shall not permit the ratioratio of (a) Consolidated EBITDA to (b) Consolidated Interest Expense of the Company and its Subsidiaries, calculated as of the end of each fiscal quarter ending after the Closing Date for the four fiscal quarters then most recently ended, of EBITDA for such period to Interest Expense for such period to be less than 3.50 2.0 to 1.001.0. Section 10.8.

Appears in 1 contract

Samples: Ugi Corp /Pa/

Minimum Interest Coverage Ratio. The Company shall will not permit the ratio, calculated determined as of the end of each of its fiscal quarters ending on and after March 31, 2011, of (i) Consolidated EBITDA for the period of 4 consecutive fiscal quarters ending with the end of such fiscal quarter ending after the Closing Date for the four fiscal quarters then most recently ended, of EBITDA for such period to (ii) Consolidated Interest Expense for such period period, all calculated for the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 to 1.00.

Appears in 1 contract

Samples: Pledge Agreement (Tennant Co)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratio, calculated determined as of the end of each of its fiscal quarter quarters ending on and after the Closing Date February 27, 2010 for the four period of 4 consecutive fiscal quarters then most recently endedending with the end of such fiscal quarter, of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 2.5 to 1.001.0.

Appears in 1 contract

Samples: Guaranty Agreement (Fuller H B Co)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratio, calculated determined as of the end of each of its fiscal quarter quarters ending on and after the Closing Date March 31, 2015, of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the period of four (4) consecutive fiscal quarters then most recently endedending with the end of such fiscal quarter, of EBITDA all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 3.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Regeneron Pharmaceuticals Inc)

Minimum Interest Coverage Ratio. The Company shall not permit the ratioratio of EBITDA to Interest Expense, in each case calculated as of the end of each fiscal quarter ending after the Closing Date for the period of four consecutive fiscal quarters then most recently endedending on the date of calculation, of EBITDA for such period to Interest Expense for such period to be less than 3.50 1.75 to 1.001.00 as of the last day of any fiscal quarter during the term hereof.

Appears in 1 contract

Samples: Master Shelf Agreement (Mdu Resources Group Inc)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratioratio (the “Interest Coverage Ratio”), calculated determined as of the end of each of its fiscal quarter quarters ending on and after the Closing Date December 31, 2007, of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the period of four (4) consecutive fiscal quarters then most recently endedending with the end of such fiscal quarter, of EBITDA all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 3.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (MTS Systems Corp)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratioratio (the “Interest Coverage Ratio”), calculated determined as of the end of each of its fiscal quarter quarters ending on and after the Closing Date March 31, 2012, of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the period of four (4) consecutive fiscal quarters then most recently endedending with the end of such fiscal quarter, of EBITDA all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 3.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Esco Technologies Inc)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratioratio (the “Interest Coverage Ratio”), calculated determined as of the end last day of each of its fiscal quarter quarters ending on and after the Closing Date June 30, 2022, of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the period of four consecutive fiscal quarters then most recently endedending with the last day of such fiscal quarter, of EBITDA all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 3.00 to 1.00.

Appears in 1 contract

Samples: Hillenbrand, Inc.

Minimum Interest Coverage Ratio. The Company shall will not permit the ratioratio (the “Interest Coverage Ratio”), calculated determined as of the end of each of its fiscal quarter quarters ending on and after the Closing Date March 31, 2012, of (i) Consolidated EBIT to (ii) Consolidated Interest Expense, in each case for the period of four (4) consecutive fiscal quarters then most recently endedending with the end of such fiscal quarter, of EBITDA all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 3.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Newmarket Corp)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratio, calculated determined as of the end of each of its fiscal quarter quarters ending on and after the Closing Date June 30, 2017, of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the period of four (4) consecutive fiscal quarters then most recently endedending with the end of such fiscal quarter, of EBITDA all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 4.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Brown & Brown Inc)

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Minimum Interest Coverage Ratio. The Company shall will not permit the ratio, calculated determined as of the end of each fiscal quarter ending after the Closing Date of its Fiscal Quarters, of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the period of four fiscal quarters then most recently ended(4) consecutive Fiscal Quarters ending with the end of such Fiscal Quarter, of EBITDA for such period to Interest Expense for such period to be less than 3.50 2.50 to 1.00.. (b)

Appears in 1 contract

Samples: Credit Agreement (Masco Corp /De/)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratio, calculated determined as of the end of each fiscal quarter ending after the Closing Date for the four fiscal quarters then most recently endedended fiscal quarter of the Company, of (a) Consolidated EBITDA to (b) Consolidated Interest Expense, in each case for the period of four consecutive fiscal quarters ending with the end of such period to Interest Expense fiscal quarter, all calculated for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 3.00 to 1.00.

Appears in 1 contract

Samples: Note Purchase Agreement (G&k Services Inc)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratio, calculated determined as of the end of each of its fiscal quarter quarters ending on and after the Closing Date March 31, 2018, of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the period of four (4) consecutive fiscal quarters then most recently ended, of EBITDA all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Stepan Co)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratioratio (the “Interest Coverage Ratio”), calculated determined as of the end of each of its fiscal quarter quarters ending on and after the Closing Date March 31, 2017, of (A) Consolidated EBIT to (B) Consolidated Interest Expense, in each case for the period of four (4) consecutive fiscal quarters then most recently endedending with the end of such fiscal quarter, of EBITDA all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 3.00 to 1.00.

Appears in 1 contract

Samples: Note Purchase Agreement (Newmarket Corp)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratio, calculated determined as of the end of each any fiscal quarter ending on or after the Closing Date December 31, 2010, of (i) Consolidated EBITDA for the period of four (4) consecutive fiscal quarters then most recently ended, ending with the end of EBITDA for such period fiscal quarter to (ii) Consolidated Interest Expense for such period period, all calculated for the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 to 1.00.

Appears in 1 contract

Samples: Letter Agreement (Tennant Co)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratioratio (the “Interest Coverage Ratio”), calculated determined as of the end of each of its fiscal quarter quarters ending after the Closing Date June 27, 2009, of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the period of four (4) consecutive fiscal quarters then most recently endedending with the end of such fiscal quarter, of EBITDA all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 3.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (G&k Services Inc)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratioratio (the “Interest Coverage Ratio”), calculated determined as of the end of each of its fiscal quarter quarters ending on and after the Closing Date December 31, 2012, of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the period of four (4) consecutive fiscal quarters then most recently endedending with the end of such fiscal quarter, of EBITDA all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 3.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Forest Laboratories Inc)

Minimum Interest Coverage Ratio. The Company shall covenants that it will not permit the ratioratio of Consolidated EBITDAE to consolidated interest expense of the Company and its Subsidiaries, calculated as of the end of each fiscal quarter ending after the Closing Date for the four fiscal quarters then ended (or, if such date of determination is not a fiscal quarter end, most recently ended), of EBITDA for such period to Interest Expense for such period to be less than 3.50 3.00 to 1.00.

Appears in 1 contract

Samples: Private Shelf Agreement (Advanced Drainage Systems, Inc.)

Minimum Interest Coverage Ratio. The Company shall not permit the ratiopermit, calculated as of at the end of each fiscal quarter ending after the Closing Date for the four fiscal quarters then most recently endedany Fiscal Quarter, its ratio of EBITDA for such period to Consolidated Interest Expense for such period to be less than 3.50 3.0:1, calculated by reference to 1.00the four Fiscal Quarter period then ending.

Appears in 1 contract

Samples: Credit Agreement (National Surgery Centers Inc \De\)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratioratio (the “Interest Coverage Ratio”), calculated determined as of the end of each of its fiscal quarter quarters ending on and after the Closing Date September 29, 2012, of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the period of four (4) consecutive fiscal quarters then most recently endedending with the end of such fiscal quarter, of EBITDA all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 3.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (MTS Systems Corp)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratioratio (the “Interest Coverage Ratio”), calculated determined as of the end of each of its fiscal quarter quarters ending on and after the Closing Date December 31, 2010, of (i) Consolidated EBIT to (ii) Consolidated Interest Expense, in each case for the period of four (4) consecutive fiscal quarters then most recently endedending with the end of such fiscal quarter, of EBITDA all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 3.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Newmarket Corp)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratioratio (the “Interest Coverage Ratio”), calculated determined as of the end of each of its fiscal quarter quarters ending on and after the Closing Date September 30, 2015, of (i) Consolidated EBIT to (ii) Consolidated Interest Expense, in each case for the period of four (4) consecutive fiscal quarters then most recently endedending with the end of such fiscal quarter, of EBITDA all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 2.50 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Bruker Corp)

Minimum Interest Coverage Ratio. The Company shall not permit the ratio, calculated (as of the end of each any fiscal quarter ending after quarter) the Closing Date ratio of (a) Consolidated EBITDA (plus Material Rents) for the four consecutive fiscal quarters then most recently ended, of EBITDA for such period then ended to (b) Consolidated Interest Expense (plus Material Rents) for such period the four consecutive fiscal quarters most recently then ended to be less than 3.50 2.25 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Giant Industries Inc)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratioratio (the “Interest Coverage Ratio”), calculated determined as of the end of each of its fiscal quarter quarters ending on and after the Closing Date June 30, 2011, of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the period of four (4) consecutive fiscal quarters then most recently endedending with the end of such fiscal quarter, of EBITDA all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 3.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Ametek Inc/)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratioratio (the “Interest Coverage Ratio”), calculated determined as of the end last day of each of its fiscal quarter quarters ending on and after the Closing Date September 30, 2019, of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the period of four (4) consecutive fiscal quarters then most recently endedending with the last day of such fiscal quarter, of EBITDA all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 3.00 to 1.00.

Appears in 1 contract

Samples: Private Shelf Agreement (Hillenbrand, Inc.)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratio, calculated determined as of the end of each of its fiscal quarter quarters ending on and after the Closing Date June 30, 2014, of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the period of four (4) consecutive fiscal quarters then most recently endedending with the end of such fiscal quarter, of EBITDA all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 4.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Brown & Brown Inc)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratio, calculated determined as of the end of each of its fiscal quarter quarters ending on and after the Closing Date March 31, 2022, of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the period of four (4) consecutive fiscal quarters then most recently endedending with the end of such fiscal quarter, of EBITDA all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 4.00 to 1.00.. LEGAL02/41506940v2 Table of Contents (continued) Page

Appears in 1 contract

Samples: Assignment and Assumption (Brown & Brown, Inc.)

Minimum Interest Coverage Ratio. The Company shall not permit the ratioratio of EBIT to Interest Expense, in each case calculated as of the end of each fiscal quarter ending after the Closing Date for the period of four consecutive fiscal quarters then most recently endedending on the date of calculation, of EBITDA for such period to Interest Expense for such period to be less than 3.50 1.50 to 1.001.00 as of the last day of any fiscal quarter during the term hereof, commencing with the fiscal quarter ending September 30, 2007.

Appears in 1 contract

Samples: Master Shelf Agreement (Mdu Resources Group Inc)

Minimum Interest Coverage Ratio. The Company shall not not, on the last day of any Fiscal Quarter, permit the ratio, calculated as ratio of the end of each fiscal quarter ending after the Closing Date (i) Consolidated EBITDA for the four fiscal quarters then most recently ended, of EBITDA for Fiscal Quarter period ending on such period day to (ii) Consolidated Interest Expense for such period to be less than 3.50 to 1.003.00:1.00.

Appears in 1 contract

Samples: Credit Agreement (Globe Specialty Metals Inc)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratioratio (the “Interest Coverage Ratio”), calculated determined as of the end of each of its fiscal quarter quarters ending on and after the Closing Date June 30, 2011, of (i) Consolidated EBIT to (ii) Consolidated Interest Expense, in each case for the period of four (4) consecutive fiscal quarters then most recently endedending with the end of such fiscal quarter, of EBITDA all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 3.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Bruker Corp)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratio, calculated determined as of the end of each of its fiscal quarters, of (i) Consolidated EBITDA for the period of 4 consecutive fiscal quarters ending with the end of such fiscal quarter ending after the Closing Date for the four fiscal quarters then most recently ended, of EBITDA for such period to (ii) Consolidated Interest Expense for such period period, all calculated for the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Tennant Co)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratioratio (the “Interest Coverage Ratio”), calculated determined as of the end of each of its fiscal quarter quarters ending after the Closing Date December 31, 2011, of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the period of four (4) consecutive fiscal quarters then most recently endedending with the end of such fiscal quarter, of EBITDA all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 3.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (G&k Services Inc)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratioratio (the “Interest Coverage Ratio”), calculated determined as of the end of each of its fiscal quarter quarters ending on and after the Closing Date December 31, 2014, of (i) Consolidated EBIT to (ii) Consolidated Interest Expense, in each case for the period of four (4) consecutive fiscal quarters then most recently endedending with the end of such fiscal quarter, of EBITDA all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 3.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Newmarket Corp)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratioratio (the “Interest Coverage Ratio”), calculated determined as of the end of each of its fiscal quarter quarters ending on and after the Closing Date December 31, 2012, of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the period of four (4) consecutive fiscal quarters then most recently endedending with the end of such fiscal quarter, of EBITDA all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (John Bean Technologies CORP)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratio, calculated determined as of the end of each of its fiscal quarters ending on and after June 30, 2007, of (i) Consolidated EBITDA for the period of 4 consecutive fiscal quarters ending with the end of such fiscal quarter ending after the Closing Date for the four fiscal quarters then most recently ended, of EBITDA for such period to (ii) Consolidated Interest Expense for such period period, all calculated for the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Tennant Co)

Minimum Interest Coverage Ratio. The Company shall will not permit the ratioratio (the “Interest Coverage Ratio”), calculated determined as of the end of each of its fiscal quarter quarters ending on and after the Closing Date September 27, 2014, of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the period of four (4) consecutive fiscal quarters then most recently endedending with the end of such fiscal quarter, of EBITDA all calculated for such period to Interest Expense for such period the Company and its Subsidiaries on a consolidated basis, to be less than 3.50 3.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (MTS Systems Corp)

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