Common use of Minimum Interest Coverage Ratio Clause in Contracts

Minimum Interest Coverage Ratio. The Borrower shall maintain an Interest Coverage Ratio, as determined as of the last day of each Fiscal Quarter, commencing with the Fiscal Quarter ending December 31, 2010, for the four Fiscal Quarters ending on such day, of at least 2.50 to 1.00.

Minimum Interest Coverage Ratio. The Borrower shall maintain an Permit the Interest Coverage Ratio, as determined Ratio as of the last day of each Fiscal Quarter, commencing with the Fiscal Quarter ending December 31, 2010, for the four Fiscal Quarters ending on such day, any fiscal quarter of at least 2.50 Borrower to be less than 2.00 to 1.00.

Minimum Interest Coverage Ratio. The As of the last day of each fiscal quarter of Borrower, Borrower shall maintain an Interest Coverage Ratio, as determined as Ratio of the last day of each Fiscal Quarter, commencing with the Fiscal Quarter ending December 31, 2010, not less than 3.00 to 1.00 for the previous four Fiscal Quarters ending on such day, fiscal quarters of at least 2.50 to 1.00Borrower.

Minimum Interest Coverage Ratio. The U.S. Borrower shall maintain an Interest Coverage Ratio, as determined as of the last day of each Fiscal Quarter, commencing with the Fiscal Quarter ending December 31, 2010, for the four consecutive Fiscal Quarters ending on such day, of at least 2.50 not less than 3.50 to 1.00. SECTION 6.02.

Minimum Interest Coverage Ratio. The Borrower Livent shall maintain an Interest Coverage Ratio, as determined as of the last day of each Fiscal Quarter, commencing with the Fiscal Quarter ending December 31, 2010, for the four Fiscal Quarters ending on such day, of at least 2.50 a minimum ratio of 3.50 to 1.00. SECTION 6.02.

Minimum Interest Coverage Ratio. The Borrower shall maintain an Interest Coverage Ratiomaintain, as determined as of the last day of each Fiscal Quarterfiscal quarter of the Borrower ending after the Closing Date, commencing with the Fiscal Quarter ending December 31, 2010, for the four Fiscal Quarters ending on such day, of at least 2.50 an Interest Coverage Ratio that is not less than 3.50 to 1.00.

Minimum Interest Coverage Ratio. The U.S. Borrower shall maintain an Interest Coverage Ratio, as determined as of the last day of each Fiscal Quarter, commencing with the Fiscal Quarter ending December 31, 2010, for the four Fiscal Quarters ending on such day, of at least 2.50 a minimum ratio of 3.5 to 1.001.0.

Minimum Interest Coverage Ratio. The Borrower shall maintain an a Interest Coverage Ratio, as determined measured as of the last day of each Fiscal Quarter, commencing with fiscal quarter ending after the Fiscal Quarter ending December 31, 2010Effective Date, for the four Fiscal Quarters fiscal quarter period ending on such day, of at least 2.50 greater than or equal to 1.002.00 to 1.

Minimum Interest Coverage Ratio. The U.S. Borrower shall maintain an Interest Coverage Ratio, as determined as of the last day of each Fiscal Quarter, commencing with the Fiscal Quarter ending December 31, 2010, for the four Fiscal Quarters ending on such day, of at least 2.50 a minimum ratio of 3.50 to 1.00.

Minimum Interest Coverage Ratio. The Borrower shall maintain an Permit the Interest Coverage Ratio, as determined as of the last day of each Fiscal Quarter, the most recent fiscal quarter of the Borrower then last ended (commencing with the Fiscal Quarter fiscal quarter ending December 31September 30, 20102019), for the period of four Fiscal Quarters consecutive fiscal quarters ending on the last day of such dayfiscal quarter, of at least 2.50 to be less than 3.00 to 1.00.

Minimum Interest Coverage Ratio. The U.S. Borrower shall maintain an Interest Coverage Ratio, as determined as of the last day of each Fiscal Quarter, commencing with the Fiscal Quarter ending December 31, 2010on or following the Closing Date, for the four Fiscal Quarters ending on such day, of at least 2.50 a minimum ratio of 3.50 to 1.00.. TERM LOAN AGREEMENT FMC CORPORATION

Minimum Interest Coverage Ratio. The Borrower shall maintain an Permit the Interest Coverage Ratio, as determined as of the last day of each Fiscal Quarter, any period of four fiscal quarters of the Borrower (commencing with the Fiscal Quarter ending fiscal quarter ended December 31, 20102023), for the four Fiscal Quarters ending on such day, of at least 2.50 to be less than 3.00 to 1.00.

Minimum Interest Coverage Ratio. The Borrower and its Consolidated Subsidiaries shall maintain an Interest Coverage Ratio, as determined as of at the last day of each Fiscal Quarterfiscal quarter, commencing with the Fiscal Quarter ending December 31, 2010, for the four Fiscal Quarters ending on such day, a ratio of Operating Income to Interest Expense of at least 2.50 to 1.001.0, as determined at the end of each such fiscal quarter for the then preceding four fiscal quarters.

Minimum Interest Coverage Ratio. The Borrower shall maintain an Interest Coverage RatioMaintain, as determined as of the last day of each Fiscal Quarter, commencing with the Fiscal Quarter ending December 31, 2010, of its fiscal quarters and for the period of four Fiscal Quarters ending on such dayconsecutive fiscal quarters of the Borrower then ended, an Interest Coverage Ratio of at least 2.50 to 1.00not less than 1.20:1.00.

Minimum Interest Coverage Ratio. The Borrower shall maintain an Interest Coverage Ratio, as determined as of the last day of each Fiscal Quarter, commencing with the Fiscal Quarter ending December 31on any day during the period from September 30, 20102003 through the Scheduled Maturity Date, for the four Fiscal Quarters ending on such day, of at least 2.50 3.5 to 1.001.

Minimum Interest Coverage Ratio. The Borrower shall maintain an Interest Coverage Ratiowill maintain, as determined as of the last day end of each Fiscal Quarter, commencing with the Fiscal Quarter ending December 31September 30, 20102009, for the four Fiscal Quarters ending on such day, an Interest Coverage Ratio of at least 2.50 to 1.00not less than 1.25:1.00.

Minimum Interest Coverage Ratio. The Borrower shall maintain an Permit the Interest Coverage Ratio, as determined Ratio of the Borrower as of the last day of each Fiscal Quarter, commencing with the Fiscal Quarter ending December 31, 2010, for the four Fiscal Quarters ending on such day, of at least 2.50 any fiscal quarter to be less than 1.50 to 1.00.

Minimum Interest Coverage Ratio. The Borrower shall maintain an An Interest Coverage Ratio, as determined Ratio shall be maintained of not less than 3.00 to 1.00 as of the last day of each Fiscal Quarterfiscal quarter, commencing with the Fiscal Quarter ending December 31, 2010, for first fiscal quarter after the four Fiscal Quarters ending on such day, of at least 2.50 to 1.00Closing.

Minimum Interest Coverage Ratio. The Borrower shall maintain an a Consolidated Interest Coverage Ratio, as determined as of the last day of each Fiscal Quarter, commencing with the Fiscal Quarter ending December 31, 2010, for the four Fiscal Quarters ending on such day, of at least 2.50 3.00 to 1.001.

Minimum Interest Coverage Ratio. The Borrower shall maintain an Interest Coverage Ratio, as determined as of the last day of each Fiscal Quarter, commencing with the Fiscal Quarter ending December 31, 2010, for the four consecutive Fiscal Quarters ending on such day, of at least 2.50 not less than 3.50 to 1.00.. SECTION 6.02

Minimum Interest Coverage Ratio. The U.S. Borrower shall maintain an Interest Coverage Ratio, as determined as of the last day of each Fiscal Quarter, commencing with the Fiscal Quarter ending December 31, 2010, for the four Fiscal Quarters ending on such day, of at least 2.50 a minimum ratio of 3.50 to 1.00. SECTION 6.02.

Minimum Interest Coverage Ratio. The Borrower On a consolidated basis with its Subsidiaries, it shall maintain an Interest Coverage Ratiomaintain, as determined as of measured on the last day of each Fiscal Quarterof its fiscal quarters, commencing with the Fiscal Quarter ending December 31, 2010, an Interest Coverage Ratio for the four Fiscal Quarters ending on such day, of at least 2.50 three (3) fiscal month period then ended that is greater than or equal to 2.00 to 1.00.

Minimum Interest Coverage Ratio. The U.S. Borrower shall maintain an Interest Coverage Ratio, as determined as of the last day of each Fiscal Quarter, commencing with the Fiscal Quarter ending December 31, 2010, for the four consecutive Fiscal Quarters ending on such day, of at least 2.50 a minimum ratio of 3.50 to 1.00. SECTION 6.02.

Minimum Interest Coverage Ratio. The Borrower shall maintain an Interest Coverage RatioAs of September 30, as determined 2002, and as of the last day of each Fiscal Quarter, commencing with the Fiscal Quarter ending December 31, 2010fiscal quarter thereafter, for the period equal to the four Fiscal Quarters ending on such day(4) consecutive fiscal quarters then ending, of at least 2.50 the Borrower shall not permit the Interest Coverage Ratio to 1.00be less than 4.0 to 1.0.

Minimum Interest Coverage Ratio. The Borrower shall maintain an Interest Coverage Ratio, as determined as of the last day of each Fiscal Quarter, commencing with the Fiscal Quarter ending December 31, 2010set forth below, for the four Fiscal Quarters ending on such day, of at least 2.50 to 1.00.not less than the minimum amount set forth below for such four Fiscal Quarter period: FISCAL QUARTER ENDING ON MINIMUM INTEREST COVERAGE RATIO June 30, 2006 through December 31, 2007 3.50:1.00 March 31, 2008 through December 31, 2008 3.75:1.00 March 31, 2009 and thereafter 4.00:1.00

Minimum Interest Coverage Ratio. The Borrower shall maintain an Interest Charge Coverage Ratio, as determined Ratio as of the last day end of each Fiscal Quarterfiscal quarter of the Borrower, commencing beginning with the Fiscal Quarter ending December 31fiscal quarter ended September 30, 20102007, for the four Fiscal Quarters ending on such daytwelve (12) month period then ending, of at least 2.50 shall be greater than or equal to 1.003.0 to 1.0.

Minimum Interest Coverage Ratio. The Borrower shall maintain an Interest Coverage RatioRatio of 5:00 to 1:00, as determined as of the last day of each Fiscal Quarter, commencing with the Fiscal Quarter ending December 31, 2010, for the four Fiscal Quarters ending on such day; provided, however, that if on such date the number of at least 2.50 Fiscal Quarters which have ended subsequent to 1.00.the Closing Date is less than four, Cash Interest Expense used for determining such ratio shall be Annualized based on the number of Fiscal Quarters which have then ended subsequent to the Closing Date. Section 5.3

Minimum Interest Coverage Ratio. The Borrower shall maintain an Interest Coverage Ratio, as determined as of the last day of each Fiscal Quarter, commencing with the Fiscal Quarter ending December on any day during the period from March 31, 20102005 through the Scheduled Termination Date, for the four Fiscal Quarters ending on such day, of at least 2.50 3.5 to 1.001.

Minimum Interest Coverage Ratio. The Borrower and its Subsidiaries on a consolidated basis shall maintain an Interest Coverage Ratio, as determined as of have at the last day end of each Fiscal Quarter, commencing with the Fiscal Quarter ending December 31, 20102001 and continuing thereafter, an Interest Coverage Ratio for the four 12-month period then ended (or with respect to the Fiscal Quarters ending before September 30, 2002, the period commencing on October 1, 2001 and ending on the last day of such day, Fiscal Quarter) of at least 2.50 to 1.00not less 3.0:1.0.

Minimum Interest Coverage Ratio. The Borrower shall at all times will maintain an a minimum Interest Coverage RatioRatio of not less than 5.0:1.0, as determined calculated as of the last day of each Fiscal Quarterfiscal quarter of the Borrower, commencing with as of the Fiscal Quarter last day of the fiscal quarter ending December 31June 30, 2010, for the four Fiscal Quarters ending on such day, of at least 2.50 to 1.002004.

Minimum Interest Coverage Ratio. The Borrower shall maintain an Interest Coverage Ratio, as determined as of the last day of each Fiscal Quarter, commencing with the Fiscal Quarter ending December 31, 2010set forth below, for the four Fiscal Quarters ending on such day, of at least the minimum ratio set forth below opposite such Fiscal Quarter: FISCAL QUARTERS ENDING MINIMUM INTEREST COVERAGE RATIO December 31, 2002 through December 31, 2003 2.50 to 1.00.1 March 31, 2004 2.75 to 1 June 30, 2004 through December 31, 2004 3.00 to 1 L/C AGREEMENT FMC CORPORATION

Minimum Interest Coverage Ratio. The Borrower shall Commencing with the Fiscal Quarter ending January 31, 2016, maintain an Interest Coverage RatioRatio at least equal to 2.00:1.00, as determined measured on a quarterly basis as of the last day of each Fiscal Quarter, commencing with the Fiscal Quarter ending December 31, 2010, for the four Fiscal Quarters ending on such day, of at least 2.50 to 1.00.

Minimum Interest Coverage Ratio. The Borrower shall maintain an Interest Coverage Ratio, as determined as Ratio of the Borrower and its Subsidiaries on a consolidated basis at the last day of each fiscal quarter of each Fiscal Quarter, commencing with the Fiscal Quarter ending December 31, 2010, for the four Fiscal Quarters ending on such day, of at least 2.50 Year shall not be less than 5.00 to 1.00.

Minimum Interest Coverage Ratio. The Borrower shall maintain have at the end of each Fiscal Month, an Interest Coverage Ratio, as determined as of the last day of each Fiscal Quarter, commencing with the Fiscal Quarter ending December 31, 2010, Ratio for the four Fiscal Quarters ending on such day, 12-month period then ended of at least 2.50 to 1.00not less than 1.50:1.00.

Minimum Interest Coverage Ratio. The Borrower and its Subsidiaries on a consolidated basis shall maintain an Interest Coverage Ratio, as determined as of have at the last day end of each Fiscal Quarter, commencing with the Fiscal Quarter ending December March 31, 20102004 and continuing thereafter, an Interest Coverage Ratio for the four Fiscal Quarters ending on such day, 12-month period then ended of at least 2.50 to 1.00not less 3.0:1.0.

Minimum Interest Coverage Ratio. The Borrower shall Commencing with the Fiscal Quarter ending April 30, 2018, maintain an Interest Coverage RatioRatio at least (a) 1.50:1.00, as determined measured on a trailing two Fiscal Quarter basis and (b) 1.00:1.00 measured for each Fiscal Quarter, in each case as of the last day of each Fiscal Quarter, commencing with the Fiscal Quarter ending December 31, 2010, for the four Fiscal Quarters ending on such day, of at least 2.50 to 1.00.

Minimum Interest Coverage Ratio. The Borrower shall maintain an Permit the Interest Coverage Ratio, as determined as of the last day of each Fiscal Quarter, the most recent fiscal quarter of the Borrower then last ended (commencing with the Fiscal Quarter first fiscal quarter ending December 31, 2010after the Closing Date), for the period of four Fiscal Quarters consecutive fiscal quarters ending on the last day of such dayfiscal quarter, of at least 2.50 to be less than 3.00 to 1.00.

Minimum Interest Coverage Ratio. The Borrower shall maintain an Interest Coverage Ratiowill, as determined as of the last day of each Fiscal Quarterfiscal quarter of the Borrower, commencing with the Fiscal Quarter ending December 31, 2010, for the four Fiscal Quarters ending on such day, maintain an Interest Coverage Ratio of at least not less than 2.50 to 1.001.0.

Minimum Interest Coverage Ratio. The Borrower shall maintain an Interest Coverage RatioBorrower, as determined as of the last day close of each Fiscal Quarterfiscal quarter of the Borrower specified below, commencing with will not permit its Interest Coverage Ratio to be less than (i) 1.15 to 1 for the Fiscal Quarter ending Borrower's fiscal quarter ended December 31, 20102000, (ii) 2.00 to 1 for the four Fiscal Quarters ending on such dayBorrower's fiscal quarter ended March 31, of at least 2001 and (iii) 2.50 to 1.001 for each fiscal quarter of the Borrower ending thereafter.

Minimum Interest Coverage Ratio. The Borrower shall maintain an not permit the Interest Coverage Ratio, as determined Ratio to be less than 1.5 to 1.0 as of the last day of each Fiscal Quarterany 1998 fiscal quarter, commencing with 1.75 to 1.0 as of the Fiscal Quarter ending December 31last day of any 1999 fiscal quarter, 2010, for and 2.0 to 1.0 as of the four Fiscal Quarters ending on such day, last day of at least 2.50 to 1.00any fiscal quarter thereafter.

Minimum Interest Coverage Ratio. (a) The Borrower shall maintain an Interest Coverage Ratiowill, as determined as of the last day of each Fiscal Quarter, fiscal quarter of the Borrower commencing with the Fiscal Quarter fiscal quarter ending December March 31, 20102001, for the four Fiscal Quarters ending on such day, maintain an Interest Coverage Ratio of at least 2.50 not less than 1.00 to 1.001.

Minimum Interest Coverage Ratio. The U.S. Borrower shall maintain an Interest Coverage Ratio, as determined as of the last day of each Fiscal Quarter, commencing with the Fiscal Quarter ending December 31, 2010on or following the Closing Date, for the four Fiscal Quarters ending on such day, of at least 2.50 a minimum ratio of 3.50 to 1.00.. SECTION 6.02

Minimum Interest Coverage Ratio. The Borrower and its Subsidiaries shall maintain an Interest Coverage Ratio, as determined as of the last day of each Fiscal Quarter, commencing with the Fiscal Quarter ending December 31, 2010set forth below, for the four Fiscal Quarters ending on such day, of at least 2.50 the minimum ratio set forth below opposite such Fiscal Quarter: Fiscal Quarter Ending Minimum Interest Coverage Ratio December 31, 2013 3.20 to 1.00.1 March 31, 2014 3.70 to 1 June 30, 2014 4.20 to 1 September 30, 2014 4.70 to 1 December 31, 2014 and thereafter 5.00 to 1

Minimum Interest Coverage Ratio. The Borrower and its Subsidiaries shall maintain an Interest Coverage Ratio, as determined as of the last day of each Fiscal Quarter, commencing with the Fiscal Quarter ending December 31, 2010set forth below, for the four Fiscal Quarters ending on such day, of at least 2.50 the minimum ratio set forth below opposite such Fiscal Quarter: FISCAL QUARTER ENDING MINIMUM INTEREST COVERAGE RATIO December 31, 2013 3.20 to 1.00.1 March 31, 2014 3.70 to 1 June 30, 2014 4.20 to 1 September 30, 2014 4.70 to 1 December 31, 2014 and thereafter 5.00 to 1

Minimum Interest Coverage Ratio. The Borrower shall maintain an An Interest Coverage Ratio, as determined Ratio shall be maintained as of the last day of each Fiscal Quarterfiscal quarter of Partners of not less than (i) 2.25 to 1.00, for each fiscal quarter commencing with the Fiscal Quarter fiscal quarter ending December 31, 20102006 through and including the fiscal quarter ending September 30, 2007, (ii) 2.50 to 1.00, for the four Fiscal Quarters fiscal quarter ending on such dayDecember 31, of at least 2.50 2007, and (iii) 2.75 to 1.00, for each fiscal quarter thereafter.