Common use of Minimum Interest Coverage Clause in Contracts

Minimum Interest Coverage. Not permit the Interest Coverage Ratio as of the last day of any Computation Period to be less than the applicable ratio set forth below: COMPUTATION INTEREST PERIOD ENDING: COVERAGE RATIO -------------- -------------- Effective Date through 3/31/01 1.75 to 1.0 4/01/01 through 12/31/01 2.00 to 1.0 1/01/02 and thereafter 2.25 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (Synagro Technologies Inc)

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Minimum Interest Coverage. Not permit the Interest Coverage ------------------------- Ratio as of the last day of any Computation Period to be less than the applicable ratio set forth below: COMPUTATION INTEREST PERIOD ENDINGComputation Interest Period Ending: COVERAGE RATIO Coverage Ratio -------------- -------------- Effective Closing Date through 3/31/01 1.75 12/31/00 1.49 to 1.0 4/01/01 1/01/01 through 12/31/01 2.00 1.70 to 1.0 1/01/02 and thereafter 2.25 1.91 to 1.0.

Appears in 1 contract

Samples: Senior Subordinated Loan Agreement (GTCR Golder Rauner LLC)

Minimum Interest Coverage. Not permit the Interest Coverage Ratio as of the last day of any Computation Period to be less than the applicable ratio set forth below: COMPUTATION INTEREST PERIOD ENDING: COVERAGE RATIO -------------- -------------- Effective Date through 3/31/01 1.75 12/31/02 2.25 to 1.0 4/01/01 1/01/03 through 12/31/01 2.00 12/31/03 2.35 to 1.0 1/01/02 and thereafter 2.25 Thereafter 2.50 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (Synagro Technologies Inc)

Minimum Interest Coverage. Not permit the Interest Coverage Ratio as of the last day of any Computation Period to be less than the applicable ratio set forth below: COMPUTATION INTEREST PERIOD ENDING: COVERAGE RATIO -------------- -------------- Effective Date through 3/31/01 12/31/00 1.75 to 1.0 4/01/01 1/01/01 through 12/31/01 2.00 to 1.0 1/01/02 and thereafter 2.25 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (Synagro Technologies Inc)

Minimum Interest Coverage. Not permit the Interest Coverage Ratio as of the last day of any Computation Period to be less than the applicable ratio set forth below: COMPUTATION INTEREST FIXED CHARGE PERIOD ENDING: COVERAGE RATIO -------------- -------------- Effective Closing Date through 3/31/01 1.75 1.49 to 1.0 4/01/01 through 12/31/01 2.00 1.70 to 1.0 1/01/02 and thereafter 2.25 1.91 to 1.0.

Appears in 1 contract

Samples: Subordinated Loan Agreement (Synagro Technologies Inc)

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Minimum Interest Coverage. Not permit the Interest Coverage ------------------------- Ratio as of the last day of any Computation Period to be less than the applicable ratio set forth below: COMPUTATION INTEREST PERIOD ENDINGComputation Interest Period Ending: COVERAGE RATIO Coverage Ratio -------------- -------------- Effective Closing Date through 3/31/01 1.75 1.49 to 1.0 4/01/01 through 12/31/01 2.00 1.70 to 1.0 1/01/02 and thereafter 2.25 1.91 to 1.0.

Appears in 1 contract

Samples: Senior Subordinated Loan Agreement (GTCR Golder Rauner LLC)

Minimum Interest Coverage. Not permit the Interest Coverage Ratio as of the last day of any Computation Period to be less than the applicable ratio set forth below: COMPUTATION INTEREST PERIOD ENDING: COVERAGE RATIO -------------- -------------- Effective Closing Date through 3/31/01 1.75 12/31/00 1.49 to 1.0 4/01/01 1/01/01 through 12/31/01 2.00 1.70 to 1.0 1/01/02 and thereafter 2.25 1.91 to 1.0.

Appears in 1 contract

Samples: Senior Subordinated Loan Agreement (Synagro Technologies Inc)

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