Common use of Minimum Interest Expense Coverage Ratio Clause in Contracts

Minimum Interest Expense Coverage Ratio. The Company and its consolidated Subsidiaries shall maintain a ratio (the "Interest Expense Coverage Ratio") for any applicable period of (i) EBIT for such period to (ii) Interest Expense for such period of at least 2.00 to 1.00 as of the end of each fiscal quarter for the period commencing with the fiscal quarter ending on June 30, 2001 through the Termination Date. The Interest Expense Coverage Ratio shall be determined as of the last day of each fiscal quarter based upon the actual amount of EBIT and Interest Expense for the four-quarter period ending on such day, calculated, with respect to Permitted Acquisitions, on a pro forma basis using historical audited and reviewed unaudited financial statements obtained from the seller(s) in such Permitted Acquisition, broken down by fiscal quarter in the Company's reasonable judgment and satisfactory to the Administrative Agent and as reported to the Administrative Agent pursuant to the provisions of Section 7.3(F)(b).

Minimum Interest Expense Coverage Ratio. The Company and its consolidated Subsidiaries shall maintain a ratio (the "Interest Expense Coverage Ratio") for any applicable period of (i) EBIT for such period to (ii) Interest Expense for such period of at least 2.00 to 1.00 as of the end of each fiscal quarter for the period commencing with the fiscal quarter ending on June 30, 2001 2002 through the Termination Date. The Interest Expense Coverage Ratio shall be determined as of the last day of each fiscal quarter based upon the actual amount of EBIT and Interest Expense for the four-quarter period ending on such day, calculated, with respect to Permitted Acquisitions, on a pro forma basis using historical audited and reviewed unaudited financial statements obtained from the seller(s) in such Permitted Acquisition, broken down by fiscal quarter in the Company's reasonable judgment and satisfactory to the Administrative Agent and as reported to the Administrative Agent pursuant to the provisions of Section 7.3(F)(b).

Minimum Interest Expense Coverage Ratio. The Company and its consolidated Subsidiaries shall maintain a ratio (the "Interest Expense Coverage Ratio") for any applicable period of (i) EBIT for such period to (ii) Interest Expense for such period of at least 2.00 to 1.00 as of the end of each fiscal quarter for the period commencing with the fiscal quarter ending on June 30December 31, 2001 2000 through the Termination Date. The Interest Expense Coverage Ratio shall be determined as of the last day of each fiscal quarter based upon the actual amount of EBIT and Interest Expense for the four-quarter period ending on such day, calculated, with respect to Permitted Acquisitions, on a pro forma basis using historical audited and reviewed unaudited financial statements obtained from the seller(s) in such Permitted Acquisition, broken down by fiscal quarter in the Company's reasonable judgment and satisfactory to the Administrative Agent and as reported to the Administrative Agent pursuant to the 83 93 provisions of Section 7.3(F)(b).

Minimum Interest Expense Coverage Ratio. The Company and its consolidated Subsidiaries shall maintain a ratio (the "Interest Expense Coverage Ratio") for any applicable period of (i) EBIT for such period to (ii) Interest Expense for such period of at least 2.00 to 1.00 as of the end of each fiscal quarter for the period commencing with the fiscal quarter ending on June 30, 2001 2002 through the Termination Date. Sidley Xxxxxx Xxxxx & Xxxx The Interest Expense Coverage Ratio shall be determined as of the last day of each fiscal quarter based upon the actual amount of EBIT and Interest Expense for the four-quarter period ending on such day, calculated, with respect to Permitted Acquisitions, on a pro forma basis using historical audited and reviewed unaudited financial statements obtained from the seller(s) in such Permitted Acquisition, broken down by fiscal quarter in the Company's reasonable judgment and satisfactory to the Administrative Agent and as reported to the Administrative Agent pursuant to the provisions of Section 7.3(F)(b).