Common use of Minimum Interest Coverage Clause in Contracts

Minimum Interest Coverage. Commencing on October 1, 2013, the Borrower shall maintain a ratio of Consolidated EBITDA to Consolidated Net Interest Expense of not less than 2.00 to 1.00. Such ratio shall at all times be calculated on a trailing four quarter basis.”

Minimum Interest Coverage. Commencing on October 1, 2013with the third fiscal quarter of 2011, the Borrower shall maintain a ratio of Consolidated EBITDA to Consolidated Net Interest Expense of not less than 2.00 2.50 to 1.00. Such ratio shall at be calculated quarterly on a trailing quarter basis from and including the third fiscal quarter of 2011, provided that for the third fiscal quarter of 2012 and all times periods thereafter such ratio shall be calculated on a trailing four quarter basis.”

Minimum Interest Coverage. Commencing on October 1, 2013, the The Borrower shall maintain a ratio of Consolidated EBITDA to Consolidated Net Interest Expense of not less greater than 1.00 to 1.00 for the quarter ending September 30, 2015 until and including the quarter ending December 31, 2016, greater than 2.00 to 1.00 for the quarter ending March 31, 2017 until and including the quarter ending December 31, 2017, and thereafter greater than 2.50 to 1.00. Such ratio shall at all times be calculated quarterly on a trailing four quarter basis.”

Minimum Interest Coverage. Commencing on October 1, 2013with the third fiscal quarter of 2011, the Borrower shall maintain a ratio of Consolidated EBITDA to Consolidated Net Interest Expense of not less than 2.00 2.50 to 1.00. Such ratio shall at be calculated quarterly on a trailing quarter basis from and including the third fiscal quarter of 2011, provided that for the third fiscal quarter of 2012 and all times periods thereafter such ratio shall be calculated on a trailing four quarter basis.”

Minimum Interest Coverage. Commencing on October 1, 2013, the The Borrower shall maintain a ratio of Consolidated EBITDA to Consolidated Net Interest Expense of not less than 1.00 to 1.00 for the quarter ending September 30, 2015 until and including the quarter ending December 31, 2016, 2.00 to 1.00 for the quarter ending March 31, 2017 until and including the quarter ending December 31, 2017, and thereafter 2.50 to 1.00. Such ratio shall at all times be calculated quarterly on a trailing four quarter basis.”

Minimum Interest Coverage. Commencing on October 1, 2013with the third fiscal quarter of 2011, the Borrower shall maintain a ratio of Consolidated EBITDA to Consolidated Net Interest Expense of not less than 2.00 to 1.00, provided that for the first fiscal quarter of 2013 and all periods thereafter such ratio shall be 2.50 to 1.00. Such ratio shall at all times be calculated on a trailing four quarter basis.”

Minimum Interest Coverage. Commencing on October 1, 2013, the The Borrower shall maintain a ratio of Consolidated EBITDA to Consolidated Net Interest Expense of not less greater than 2.00 2.50 to 1.00. Such ratio shall at all times be calculated on the last day of each Accounting Period on a trailing four quarter basis.”

Minimum Interest Coverage. Commencing on October 1, 2013with the fifth fiscal quarter following the Effective Date, the Borrower shall maintain a ratio of Consolidated EBITDA to Consolidated Net Interest Expense of not less than 2.00 2.50 to 1.00. Such ratio shall at be calculated quarterly on a trailing quarter basis from and including the fifth fiscal quarter following the Effective Date, provided that for the ninth fiscal quarter following the Effective Date and all times periods thereafter such ratio shall be calculated on a trailing four quarter basis.”

Minimum Interest Coverage. Commencing on October 1, 2013, the The Borrower shall maintain a ratio of Consolidated EBITDA to Consolidated Net Interest Expense of not less than 2.00 2.50 to 1.00. Such ratio shall at all times be calculated quarterly on the last day of each fiscal quarter on a trailing four quarter quarters basis.”