Minimum Interest Coverage. Not permit the Interest Coverage Ratio for any Computation Period to be less than the applicable ratio set forth below for such Computation Period: Computation Period Minimum Interest Ending Coverage Ratio ------------------- ---------------- 04/30/00 - 10/31/00 2.65 to 1 01/31/01 - 04/30/01 3.00 to 1 Thereafter 3.50 to 1."
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Samples: Layne Christensen Co
Minimum Interest Coverage. Not permit the Interest Coverage Ratio for any Computation Period to be less than the applicable ratio set forth below for such Computation Periodbelow: Computation Interest Period Minimum Interest Ending Coverage Ratio ------------------- ---------------- 04/30/00 - 10/31/00 2.65 to 1 01/31/01 - 04/30/01 12/31/01 3.00 to 1 Thereafter 1.0 3/31/02 and thereafter 3.50 to 11.0."
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Samples: Credit Agreement (U S Liquids Inc)
Minimum Interest Coverage. Not permit the Interest Coverage Ratio ------------------------- for any Computation Period to be less than the applicable ratio set forth below for such Computation Periodbelow: Computation Period Minimum Interest Ending Coverage Ratio ------------------- ---------------- 04/30/00 - 10/31/00 2.65 COMPUTATION INTEREST PERIOD ENDING: COVERAGE RATIO -------------- -------------- 3/31/98 through 12/31/98 1.5 to 1 01/31/01 - 04/30/01 3.00 1.0 3/31/99 through 12/31/99 2.0 to 1 Thereafter 3.50 to 1."1.0
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Minimum Interest Coverage. Not permit the Interest Coverage Ratio for any Computation Period to be less than the applicable ratio set forth below for such Computation Period: Computation Period Minimum Interest Ending Coverage Ratio ------------------- ---------------- ------------------ ----------------- 04/30/00 - 10/31/00 2.65 to 1 01/31/01 - 04/30/01 3.00 to 1 Thereafter 3.50 to 1."
Appears in 1 contract
Samples: Layne Christensen Co
Minimum Interest Coverage. Not permit the Interest Coverage -------------------------- Ratio for any Computation Period to be less than the applicable ratio set forth below for such Computation Periodbelow: Computation Period Minimum Interest Ending Coverage Ratio ------------------- ---------------- 04/30/00 - 10/31/00 2.65 COMPUTATION INTEREST PERIOD ENDING: COVERAGE RATIO ------------- -------------- 3/31/98 through 12/31/98 1.50 to 1 01/31/01 - 04/30/01 3.00 1.0 3/31/99 through 12/31/99 1.75 to 1 Thereafter 3.50 1.0 3/31/2000 and thereafter 2.00 to 1."I.O.
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