Examples of Consolidated Interest Charges in a sentence
The interest coverage ratio requires that, at the end of each fiscal quarter, the ratio of consolidated EBIT to Consolidated Interest Charges, both as defined in the Amended Credit Facility, may not be less than 2.0 to 1.0 for the immediately preceding 12 month period.
Consolidated Interest Charges for such period paid in cash plus (b) Consolidated Scheduled Funded Debt Payments for such period plus (c) Consolidated Rent Expense for such period, all as determined in accordance with GAAP.
The Company will not permit the ratio of Consolidated EBITDA to Consolidated Interest Charges at any time on or after the date hereof to be less than the ratio 3.00 to 1.00.
Consolidated Interest Charges of FNIS and its Consolidated Subsidiaries for such period.
The Company will not permit, as of the end of any fiscal quarter, the ratio of (a) Consolidated EBITDA for the period of the immediately preceding four full fiscal quarters of the Company ending on such date to (b) Consolidated Interest Charges for such period ending on such date, to be less than 3.00 to 1.00.