Interest Charge Coverage Ratio definition

Interest Charge Coverage Ratio means, for the Borrower and its Subsidiaries on a Consolidated basis, as of the end of any fiscal quarter, the ratio of (a) EBITDA for the four-fiscal quarter period then ended to (b) Interest Expense for the four-fiscal quarter period then ended.
Interest Charge Coverage Ratio means, as of the last day of each Fiscal Quarter, the ratio of:
Interest Charge Coverage Ratio means, as of the end of any fiscal quarter, the ratio of (a) Consolidated EBITDA for the four-fiscal quarter period then ended to (b) Consolidated Interest Expense for the four-fiscal quarter period then ended.

Examples of Interest Charge Coverage Ratio in a sentence

  • Not permit the Interest Charge Coverage Ratio as of the end of a fiscal quarter to be less than 3.50 to 1.00.

  • The Consolidated Interest Charge Coverage Ratio, calculated as of the last day of each fiscal quarter or as of any other date on a Pro Forma Basis, shall be greater than or equal to 2.75 to 1.00.

  • Permit the Interest Charge Coverage Ratio as of the end of any fiscal quarter of Limited to be less than 3.00 to 1.00.

  • Permit, as of the last day of any fiscal quarter, commencing with the fiscal quarter ending September 30, 2010, the Interest Charge Coverage Ratio to be less than 3.50 to 1.00.

  • Permit the Consolidated Interest Charge Coverage Ratio as of the end of any Four-Quarter Period of the Borrower to be less than 2.50 to 1.00.


More Definitions of Interest Charge Coverage Ratio

Interest Charge Coverage Ratio means, for any period, the ratio of (a) Consolidated EBITDA to (b) Consolidated Interest Expense (to the extent paid or payable in cash) for the Borrower, in each case, for such period.
Interest Charge Coverage Ratio means, as of each date of determination, the ratio of:
Interest Charge Coverage Ratio means, as of any date of determination, the ratio of (a) Consolidated EBITDA for the Measurement Period ending on such date to (b) Consolidated Total Interest Expense for such Measurement Period.
Interest Charge Coverage Ratio means, at any time, the ratio of (a) EBITDA for the period of four consecutive fiscal quarters ending on, or most recently ended prior to, such time to (b) Interest Charges for such period."
Interest Charge Coverage Ratio means, as of the last day of any Fiscal Quarter, the ratio of (a) Adjusted Net Income for the fiscal period consisting of that Fiscal Quarter and the three immediately preceding Fiscal Quarters plus (i) Interest Charges of the Company and its Consolidated Subsidiaries for such fiscal period, plus (ii) depreciation and amortization expense of the Company and its Consolidated Subsidiaries for such fiscal period, plus (iii) provisions for taxes based on income of the Company and its Consolidated Subsidiaries for such fiscal period, to (b) Interest Charges of the Company and its Consolidated Subsidiaries for such fiscal period.
Interest Charge Coverage Ratio means, as of the last day of any Fiscal
Interest Charge Coverage Ratio means, for any Person, for any Computation Period, the ratio of (a) the total for such period of EBITDA for such Person minus the sum of income taxes paid in cash by the Loan Parties and all unfinanced Capital Expenditures (other than Capital Expenditures which are (A) Permitted Acquisitions or (B) expenditures to the extent that such expenditures are made (i) as a tenant in leasehold improvements to the extent reimbursable by the landlord or (ii) with the proceeds of Asset Dispositions) to (b) net cash Interest Expense for such period minus, to the extent included in net cash Interest Expense for such period, fees and expenses paid in connection with this Agreement (other than the fee referenced in Section 5.1).