Common use of Minimum Interest Coverage Ratio Clause in Contracts

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) as of the last day of any fiscal quarter of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending to (ii) Consolidated Interest Expense for the period of four consecutive fiscal quarters of the Borrower then ending, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 to 1.00.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after December 31, 2015, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending EBITDA to (ii) Consolidated Interest Expense Expense, in each case for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then endingsuch fiscal quarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 3.50 to 1.00.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after December 31, 2019, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending EBITDA to (ii) Consolidated Interest Expense Expense, in each case for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then endingsuch fiscal quarter, all calculated for the Borrower and its Restricted Subsidiaries on a consolidated basis, to be less than 3.25 2.50 to 1.00.

Minimum Interest Coverage Ratio. The Neither Holdings nor the Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on or about September 30, 2013 and thereafter, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending EBITDA to (ii) Consolidated Interest Expense paid or payable in cash, in each case for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then endingsuch fiscal quarter, all calculated for Holdings, the Borrower and its the Restricted Subsidiaries on a consolidated basis, to be less than 3.25 3.50 to 1.00.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after June 30, 2011, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending EBITDA to (ii) Consolidated Interest Expense Expense, in each case for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then endingsuch fiscal quarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 3.00 to 1.00.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ratio, determined as of the last day end of any each of its fiscal quarter quarters ending on and after March 4, 2006 for the period of 4 consecutive fiscal quarters ending with the end of such fiscal quarter, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending EBITDA to (ii) Consolidated Interest Expense for the period of four consecutive fiscal quarters of the Borrower then endingExpense, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 2.5 to 1.001.0.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after June 30, 2013, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending EBITDA to (ii) Consolidated Interest Expense paid or payable in cash (including without limitation, any Consolidated Interest Expense in respect of the Junior Convertible Debentures), in each case for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then endingsuch fiscal quarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 3.50 to 1.00.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after the Effective Date, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending EBITDA to (ii) Consolidated Interest Expense paid or payable in cash, in each case, for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then endingsuch fiscal quarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 3.0 to 1.001.0.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after December 31, 2019, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending EBITDA to (ii) Consolidated Interest Expense Expense, in each case for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then endingsuch fiscal quarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 2.50 to 1.00.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after December 31, 2011, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending EBITDA to (ii) Consolidated Interest Expense Expense, in each case for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then endingsuch fiscal quarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 3.50 to 1.00.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after September 28, 2012 of (i) Consolidated EBIT EBITDA to (ii) Consolidated Cash Interest Expense, in each case for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then ending to (ii) Consolidated Interest Expense for the period of four consecutive such fiscal quarters of the Borrower then endingquarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 3.50 to 1.00.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after the Effective Date, of (i) Consolidated EBIT EBITDA to (ii) Consolidated Cash Interest Expense, in each case for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then ending to (ii) Consolidated Interest Expense for the period of four consecutive such fiscal quarters of the Borrower then endingquarter, all calculated for the Borrower and its Restricted Subsidiaries on a consolidated basis, to be less than 3.25 3.50 to 1.001.0.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) as As of the last day of any each fiscal quarter quarter, the Borrower shall not permit the ratio of (i) Consolidated EBIT for the period of four consecutive fiscal quarters Core Group EBITDA of the Borrower for the preceding four fiscal quarters then ending ended to (ii) Consolidated Interest Expense for the period of four consecutive fiscal quarters of the Borrower then ending, all calculated for the Borrower and its Subsidiaries on a consolidated basis, preceding four fiscal quarters then ended to be less than 3.25 1.20 to 1.00.1 as of December 31, 2004 and each fiscal quarter

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after June 30, 2016, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending Adjusted EBITDA to (ii) Consolidated Interest Expense Expense, in each case for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then endingsuch fiscal quarter, all calculated for the Borrower and its Subsidiaries Consolidated Parties on a consolidated basis, to be less than 3.25 3.00 to 1.00.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after the Restatement Effective Date, of (i) Consolidated EBIT EBITDA to (ii) Consolidated Cash Interest Expense, in each case for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then ending to (ii) Consolidated Interest Expense for the period of four consecutive such fiscal quarters of the Borrower then endingquarter, all calculated for the Borrower and its Restricted Subsidiaries on a consolidated basis, to be less than 3.25 3.50 to 1.00.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) as of the last day of any fiscal quarter of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending to (ii) Consolidated Interest Expense for the period of four consecutive fiscal quarters of the Borrower then ending, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 3.00 to 1.00.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after the Effective Date for the period of four (4) consecutive fiscal quarters ending with the end of such fiscal quarter, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending EBITDA minus Consolidated Capital Expenditures to (ii) Consolidated Interest Expense for the period of four consecutive fiscal quarters of the Borrower then endingExpense, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 3.00 to 1.00.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after September 30, 2012, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending EBITDA to (ii) Consolidated Interest Expense Expense, in each case for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then endingeach such fiscal quarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 3.00 to 1.00.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ratio, determined as of the last day end of any each of its fiscal quarter quarters ending on and after June 30, 2020, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending EBITDA to (ii) Consolidated Interest Expense Expense, in each case for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then endingsuch fiscal quarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 2.50 to 1.00.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after September 30, 2009 for the period of four (4) consecutive fiscal quarters ending with the end of such fiscal quarter, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending EBITDA to (ii) Consolidated Interest Expense for the period of four consecutive fiscal quarters of the Borrower then endingExpense, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 4.0 to 1.001.0.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after June 30, 2008, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending EBITDA to (ii) Consolidated Interest Expense Expense, in each case for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then endingsuch fiscal quarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 3.50 to 1.001.0.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after October 31, 2015, of (i) Consolidated EBIT EBITDA to (ii) Consolidated Cash Interest Expense, in each case for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then ending to (ii) Consolidated Interest Expense for the period of four consecutive such fiscal quarters of the Borrower then endingquarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 3.00 to 1.00.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) as As of the last day of any each fiscal quarter quarter, the Borrower shall not permit the ratio of (i) Consolidated the consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower for the preceding four fiscal quarters then ending ended to (ii) Consolidated the consolidated Interest Expense for the period of four consecutive fiscal quarters of the Borrower then ending, all calculated for the Borrower and its Subsidiaries on a consolidated basis, preceding four fiscal quarters then ended to be less than 3.25 2.50 to 1.00. Compliance with this paragraph (c) shall be determined in the applicable Compliance Certificate based upon the adjusted financial reports contained in Schedule A of such Compliance Certificate.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after June 30, 2018, of (i) Consolidated EBIT EBITDAR to (ii) the sum of Consolidated Interest Expense plus Consolidated Rental Expense, in each case for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then ending to (ii) Consolidated Interest Expense for the period of four consecutive such fiscal quarters of the Borrower then endingquarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 3.00 to 1.00.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after September 30, 2009, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending EBITDA to (ii) Consolidated Interest Expense Expense, in each case for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then endingsuch fiscal quarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 3.5 to 1.001.0.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ratio, determined as of the last day end of any each of its fiscal quarter quarters ending on and after December 31, 2004 for the period of 4 consecutive fiscal quarters ending with the end of such fiscal quarter, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending EBITDA to (ii) Consolidated Interest Expense for the period of four consecutive fiscal quarters of the Borrower then endingExpense, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 4.0 to 1.001.0.

Minimum Interest Coverage Ratio. The Borrower will not permit permit, as of the ratio end of any period of four (the “Interest Coverage Ratio”4) consecutive fiscal quarters ending as of the last day of any fiscal quarter of (i) the Borrower, the ratio of Consolidated EBIT for the period EBITDA of four consecutive fiscal quarters of the Borrower then ending to (ii) Consolidated Interest Expense for the period of four consecutive fiscal quarters of the Borrower then ending, all calculated for the Borrower and its Subsidiaries on a consolidated basisfor such period of four (4) consecutive fiscal quarters then ended to Consolidated Interest Charges for such period of four (4) consecutive fiscal quarters then ended, to be less than 3.25 3.00 to 1.00.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after December 31, 2012, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending EBITDA to (ii) Consolidated Interest Expense Expense, in each case for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then endingsuch fiscal quarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 4.25 to 1.00.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ratio, determined as of the last day end of any each of its fiscal quarter quarters ending on and after December 31, 2018, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending EBITDA to (ii) Consolidated Interest Expense Expense, in each case for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then endingsuch fiscal quarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 4.00 to 1.00.. ARTICLE VII

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after June 30, 2015, of (i) (a) Consolidated EBIT for EBITDA, minus (b) the period unfinanced portion of four consecutive fiscal quarters of the Borrower then ending Consolidated Capital Expenditures to (ii) Consolidated Interest Expense paid in cash, in each case for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then endingsuch fiscal quarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 3.00 to 1.00.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each fiscal quarter ending on and after June 30, 2018, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending EBITDA to (ii) Consolidated Interest Expense Expense, in each case for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then endingsuch fiscal quarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 3.00 to 1.00.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ratio, determined as of the last day end of any each of its fiscal quarter quarters ending on and after December 31, 2018, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending EBITDA to (ii) Consolidated Interest Expense Expense, in each case for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then endingsuch fiscal quarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 4.00 to 1.00.

Minimum Interest Coverage Ratio. The Neither Holdings nor the Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after December 31, 2011, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending EBITDA to (ii) Consolidated Interest Expense paid or payable in cash, in each case for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then endingsuch fiscal quarter, all calculated for Holdings, the Borrower and its the Restricted Subsidiaries on a consolidated basis, to be less than 3.25 3.50 to 1.00.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after September 30, 2010, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending EBITDA to (ii) Consolidated Interest Expense Expense, in each case for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then endingsuch fiscal quarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 3.50 to 1.00.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after April 30, 2008, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending EBITDA to (ii) Consolidated Interest Expense Expense, in each case for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then endingsuch fiscal quarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 3.00 to 1.001.0.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after September 30, 2010, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending EBITDA to (ii) Consolidated Interest Expense Expense, in each case for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then endingsuch fiscal quarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 3.00 to 1.00.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after December 31, 2006, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending EBITDA to (ii) Consolidated Interest Expense for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then endingsuch fiscal quarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 3.0 to 1.001.0.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the end of each of its fiscal quarters ending on and after the last day of any the first fiscal quarter ending after the Effective Date, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending EBITDA to (ii) Consolidated Interest Expense Expense, in each case for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then endingsuch fiscal quarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 3.5 to 1.001.0.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after December 31, 2015, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending EBITDA to (ii) Consolidated Interest Expense Expense, in each case for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then endingsuch fiscal quarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 3.50 to 1.00.. ARTICLE VII

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after January 2, 2012, of (i) Consolidated EBIT EBITDA to (ii) Consolidated Cash Interest Expense, in each case for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then ending to (ii) Consolidated Interest Expense for the period of four consecutive such fiscal quarters of the Borrower then endingquarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 3.50 to 1.00.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after March 31, 2021, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending EBITDA to (ii) Consolidated Interest Expense Expense, in each case for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then endingsuch fiscal quarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 2.50 to 1.00.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after December 31, 2016, of (i) (a) Consolidated EBIT for EBITDA, minus (b) the period unfinanced portion of four consecutive fiscal quarters of the Borrower then ending Consolidated Capital Expenditures to (ii) Consolidated Interest Expense paid in cash, in each case for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then endingsuch fiscal quarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 3.00 to 1.00.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after June 30, 2011, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending EBITDA to (ii) Consolidated Interest Expense paid or payable in cash (including without limitation, any Consolidated Interest Expense in respect of the Junior Convertible Debentures), in each case for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then endingsuch fiscal quarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 3.50 to 1.00.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after September 30, 2018, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending EBITDA to (ii) Consolidated Interest Expense Expense, in each case for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then endingsuch fiscal quarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 2.50 to 1.00.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after December 31, 2011 for the period of four (4) consecutive fiscal quarters ending with the end of such fiscal quarter, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending EBITDA to (ii) Consolidated Interest Expense for the period of four consecutive fiscal quarters of the Borrower then endingExpense, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 3.0 to 1.001.0.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after September 30, 2014, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending EBITDA to (ii) Consolidated Interest Expense Expense, in each case for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then endingsuch fiscal quarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 3.50 to 1.00.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after September 30, 2016, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending EBITDA to (ii) Consolidated Interest Expense Expense, in each case for the period Reference Period ending with the end of four consecutive such fiscal quarters of the Borrower then endingquarter, all calculated for Holdings (or the Borrower prior to the Separation, as applicable) and its Restricted Subsidiaries on a consolidated basis, to be less than 3.25 3.00 to 1.00.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after September 30, 2011, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending EBITDA to (ii) Consolidated Interest Expense Expense, in each case for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then endingsuch fiscal quarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 3.50 to 1.00.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after December 31, 2013, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending Adjusted EBITDA to (ii) Consolidated Interest Expense Expense, in each case for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then endingsuch fiscal quarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 3.00 to 1.00.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after March 31, 2011, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending EBITDA to (ii) Consolidated Interest Expense Expense, in each case for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then endingsuch fiscal quarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 3.50 to 1.00.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after December 31, 2011, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending EBITDA to (ii) Consolidated Interest Expense Expense, in each case for the period of four consecutive fiscal quarters of the Borrower then ending, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 to 1.00.four

Minimum Interest Coverage Ratio. The Borrower will not Not permit the ratio (the “Interest Coverage Ratio”) as of the last day of any fiscal quarter of (i) Consolidated EBIT for the any period of four consecutive fiscal quarters of the Borrower then ending on the last day of a fiscal quarter to (ii) Consolidated Interest Expense for the period consolidated interest expense of four consecutive fiscal quarters of the Borrower then ending, all calculated for the Borrower and its Subsidiaries on a consolidated basis, for such period to be less than 3.25 (a) 1.75 to 1.001.0 for the fiscal quarter ending December 31, 2002 and (b) 2.0 to 1.0 thereafter.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after the Effective Date, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending EBITDA to (ii) Consolidated Interest Expense paid or payable in cash (including without limitation, any Consolidated Interest Expense in respect of the Junior Convertible Notes), in each case for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then endingsuch fiscal quarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 to 1.00.

Minimum Interest Coverage Ratio. The Borrower will not permit the ratio (the “Interest Coverage Ratio”) ), determined as of the last day end of any each of its fiscal quarter quarters ending on and after September 30, 2010, of (i) Consolidated EBIT for the period of four consecutive fiscal quarters of the Borrower then ending EBITDA to (ii) Consolidated Interest Expense Expense, in each case for the period of four (4) consecutive fiscal quarters ending with the end of the Borrower then endingsuch fiscal quarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 3.25 4.50 to 1.00.