EBITDA Interest Coverage Ratio definition

EBITDA Interest Coverage Ratio means the ratio of earnings before interest, depreciation, taxes, depreciation and amortisation to interest costs;
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EBITDA Interest Coverage Ratio means, as of any date of determination, the ratio of (a) EBITDA of Holdings and its Subsidiaries for the most recently completed Applicable Fiscal Period to (b) Cash Interest Expense of Holdings and its Subsidiaries for the most recently completed Applicable Fiscal Period.
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EBITDA Interest Coverage Ratio means, for any period, the ratio of the Borrowers’ EBITDA to the Borrowers’ total interest expense determined on a consolidated basis for such period.
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Examples of EBITDA Interest Coverage Ratio in a sentence

  • The foregoing notwithstanding, there shall be excluded from the calculations of Cash Flow, Consolidated Net Income (Loss), EBITDA, Interest Coverage Ratio and Interest Expense, all amounts that would otherwise be included in such items that are generated or incurred by, or result from the operations of, Midwesco Filter Resources Denmark A/S, Nordic Air Filtration A/S and Boe-Therm A/S, Borrowers’ Danish Subsidiaries.

  • With respect to any period during which any Permitted Acquisition, other Investment not prohibited hereunder or Asset Sale or other disposition occurs, Consolidated EBITDA, LTM EBITDA, Interest Coverage Ratio, Consolidated Total Debt Ratio, Consolidated Secured Debt Ratio and Consolidated First Lien Debt Ratio shall be calculated with respect to such period and such Permitted Acquisition, Investment or Asset Sale or other disposition on a Pro Forma Basis.

  • The Lenders hereby waive Borrowers' failure to be in compliance with the EBITDA covenant as of February 28, 2001 and the EBITDA, Interest Coverage Ratio and Net Worth covenants as of March 31, 2001, and any Events of Default created thereby, solely as of those dates.

Related to EBITDA Interest Coverage Ratio

  • Interest Coverage Ratio means, for any period, the ratio of (a) Consolidated EBITDA for such period to (b) Consolidated Interest Expense for such period.

  • Cash Interest Coverage Ratio With respect to any Loan for any Relevant Test Period, either (a) the meaning of “Cash Interest Coverage Ratio” or comparable definition set forth in the Underlying Instruments for such Loan, or (b) in the case of any Loan with respect to which the related Underlying Instruments do not include a definition of “Cash Interest Coverage Ratio” or comparable definition, the ratio of (i) EBITDA to (ii) Cash Interest Expense of such Obligor with respect to the applicable Relevant Test Period, as calculated by the Borrower and Collateral Manager in good faith.

  • Class C Interest Coverage Ratio means, as of any Measurement Date, the ratio (expressed as a percentage) obtained by dividing the Interest Coverage Amount by the scheduled interest payments due on the Class A Notes, the Class B Notes and the Class C Notes. For the purposes of calculating the Class C Interest Coverage Ratio, the expected interest income on Collateral Debt Obligations, Eligible Investments and the Accounts (to the extent applicable) and the expected interest payable on the Class A Notes, the Class B Notes and the Class C Notes will be calculated using the then current interest rates applicable thereto as at the relevant Measurement Date.

  • Consolidated Interest Coverage Ratio means, as of any date of determination, the ratio of (a) Consolidated EBIT for the period of the four prior fiscal quarters ending on such date to (b) Consolidated Interest Charges for such period.

  • Cash Flow Leverage Ratio means, as of any time the same is to be determined, the ratio of (a) Funded Debt as of the last day of the most recent four fiscal quarters of the Company then ended minus Excess Cash as of the last day of the same such period to (b) EBITDA for the same most recent four fiscal quarters then ended.