Interest Coverage Ratio definition

Interest Coverage Ratio means, at any date of determination thereof, the ratio of (a) EBITDA for the period of four consecutive fiscal quarters most recently ended on or prior to such date to (b) Interest Expense for such period.
Interest Coverage Ratio means, for any period, the ratio of (a) Consolidated EBITDA for such period to (b) Consolidated Interest Expense for such period.
Interest Coverage Ratio means, with respect to the Borrower and the Restricted Subsidiaries on a consolidated basis, as of the end of any fiscal quarter of the Borrower for the Test Period ending on such date, the ratio of (a) Consolidated EBITDA to (b) Consolidated Interest Expense.

Examples of Interest Coverage Ratio in a sentence

  • Permit the Consolidated Interest Coverage Ratio as of the end of any four fiscal quarter period ending as of (i) the fiscal quarter of the Company ending December 31, 2024, March 31, 2025 or June 30, 2025, to be less than 2.00 to 1.0 and (ii) any fiscal quarter of the Company thereafter, to be less than 3.00 to 1.0.


More Definitions of Interest Coverage Ratio

Interest Coverage Ratio means the ratio as of the last day of any Fiscal Quarter of (i) Consolidated Adjusted EBITDA for the four-Fiscal Quarter period then ended, to (ii) Consolidated Cash Interest Expense for such four-Fiscal Quarter period.
Interest Coverage Ratio has the meaning assigned to such term in Section 6.11(b).
Interest Coverage Ratio means, as of the last day of any Fiscal Quarter, the ratio computed for the period consisting of such Fiscal Quarter and each of the three immediately preceding Fiscal Quarters of:
Interest Coverage Ratio means, as of any date of determination, the ratio of (a) EBITDA to (b) Consolidated Interest Charges for the most recently completed Measurement Period.
Interest Coverage Ratio means, in respect of any period, the ratio of (i) EBITDA for such period to (ii) Interest Expense paid or payable in cash for such period.
Interest Coverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated EBITDA of the Borrower and the Restricted Subsidiaries for such Test Period to (b) Consolidated Interest Expense of the Borrower and the Restricted Subsidiaries for such Test Period, in each case on a pro forma basis with such pro forma adjustments as are appropriate and consistent with Section 1.07.
Interest Coverage Ratio means the ratio of EBITDA to Net Finance Charges.