Common use of Ratio of EBITDA to Interest Expense Clause in Contracts

Ratio of EBITDA to Interest Expense. The Borrower will not, as of the last day of any fiscal quarter permit the ratio of EBITDA for the Borrower and its Consolidated Restricted Subsidiaries for the period of four fiscal quarters then ending to Interest Expense for such period to be less than (i) 2.00 to 1.00 for any fiscal quarter ending during the period including December 31, 2015 through and including December 31, 2016, (ii) 2.25 to 1.00 for the fiscal quarters ending on March 31, 2017 and June 30, 2017 and (iii) 2.50 to 1.00 for any fiscal quarter thereafter.

Ratio of EBITDA to Interest Expense. The Borrower will notnot permit, as of determined on the last day of any each fiscal quarter permit for such fiscal quarter then ending, the ratio of EBITDA for the Borrower and its Consolidated Restricted Subsidiaries twelve-month period ending on such date to cash Interest Expense for the twelve-month period ending on such date to be less than: (i) for the period of four fiscal quarters then ending to Interest Expense for such period to be less than (i) 2.00 to 1.00 for any fiscal quarter ending during the period including December 31, 2015 through and including December 312014, 20162.75 to 1.00, (ii) 2.25 for each period ending during the calendar year 2015, 3.75 to 1.00 for the fiscal quarters ending on March 311.00, 2017 and June 30, 2017 and (iii) 2.50 for each period ending during the calendar year 2016 and each year thereafter, 4.75 to 1.00 for any fiscal quarter thereafter1.0.

Ratio of EBITDA to Interest Expense. The Borrower will not, as of the last day of any fiscal quarter, commencing with the fiscal quarter ending December 31, 2007 and as of the end of each fiscal quarter thereafter, permit the its ratio of EBITDA for the Borrower and its Consolidated Restricted Subsidiaries for the period of four fiscal quarters then ending to Interest Expense for such period to be less than (i) 2.00 2.5 to 1.00 for any fiscal quarter ending during the period including December 31, 2015 through and including December 31, 2016, (ii) 2.25 to 1.00 for the fiscal quarters ending on March 31, 2017 and June 30, 2017 and (iii) 2.50 to 1.00 for any fiscal quarter thereafter1.0.

Ratio of EBITDA to Interest Expense. The Borrower will notnot permit, as of determined on the last day of any each fiscal quarter permit for such fiscal quarter then ending, the ratio of EBITDA for the Borrower and its Consolidated Restricted Subsidiaries twelve-month period ending on such date to cash Interest Expense for the twelve-month period ending on such date to be less than: (i) for the period of four fiscal quarters then ending June 30, 2015, 2.25 to Interest Expense for such period to be less than (i) 2.00 to 1.00 for any fiscal quarter ending during the period including December 31, 2015 through and including December 31, 20161.00, (ii) 2.25 to 1.00 for the fiscal quarters period ending on March 31, 2017 and June September 30, 2017 and 2015, 1.85 to 1.00, (iii) 2.50 for the period ending December 31, 2015, 2.00 to 1.00 1.00, and (iv) for any fiscal quarter each period ending during the calendar year 2016 and each year thereafter, 4.75 to 1.00.

Ratio of EBITDA to Interest Expense. The Borrower will notnot permit, as of determined on the last day of any each fiscal quarter permit for such fiscal quarter then ending, the ratio of EBITDA for the Borrower and its Consolidated Restricted Subsidiaries twelve-month period ending on such date to cash Interest Expense for the twelve-month period ending on such date to be less than: (i) for the period of four fiscal quarters then ending June 30, 2015, 2.25 to Interest Expense for such period to be less than (i) 2.00 to 1.00 for any fiscal quarter ending during the period including December 31, 2015 through and including December 31, 20161.00, (ii) 2.25 to 1.00 for the fiscal quarters period ending on March 31, 2017 and June September 30, 2017 and 2015, 1.85 to 1.00, (iii) 2.50 for the period ending December 31, 2015, 2.00 to 1.00 and (iv) for any fiscal quarter each period ending during the calendar year 2016 and each year thereafter, 4.75 to 1.00.

Ratio of EBITDA to Interest Expense. The Borrower will not, as of the last day of any fiscal quarter commencing with the fiscal quarter ending September 30, 2006, permit the its ratio of EBITDA for the Borrower and its Consolidated Restricted Subsidiaries for the period of four fiscal quarters then ending ended to Interest Expense for such period to be less than (i) 2.00 2.0 to 1.00 for any fiscal quarter ending during the period including December 31, 2015 through and including December 31, 2016, (ii) 2.25 to 1.00 for the fiscal quarters ending on March 31, 2017 and June 30, 2017 and (iii) 2.50 to 1.00 for any fiscal quarter thereafter1.0.

Ratio of EBITDA to Interest Expense. The Borrower will not, as of the last day of any fiscal quarter, commencing with the fiscal quarter ending June 30, 2009 and as of the end of each fiscal quarter thereafter, permit the its ratio of EBITDA for the Borrower and its Consolidated Restricted Subsidiaries for the period of four fiscal quarters then ending to Interest Expense for such period to be less than (i) 2.00 2.5 to 1.00 for any fiscal quarter ending during the period including December 31, 2015 through and including December 31, 2016, (ii) 2.25 to 1.00 for the fiscal quarters ending on March 31, 2017 and June 30, 2017 and (iii) 2.50 to 1.00 for any fiscal quarter thereafter1.0.