Common use of Minimum Interest Coverage Clause in Contracts

Minimum Interest Coverage. The Borrower shall maintain a ratio of Consolidated EBITDA to Consolidated Net Interest Expense greater than:

Appears in 4 contracts

Samples: Supplemental Agreement (Scorpio Bulkers Inc.), Supplemental Agreement (Scorpio Bulkers Inc.), Supplemental Agreement (Scorpio Bulkers Inc.)

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Minimum Interest Coverage. The Borrower Guarantor shall maintain a ratio of Consolidated EBITDA to Consolidated Net Interest Expense greater than:

Appears in 3 contracts

Samples: Supplemental Agreement (Scorpio Bulkers Inc.), Fourth Supplemental Agreement (Scorpio Bulkers Inc.), Supplemental Agreement (Scorpio Bulkers Inc.)

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Minimum Interest Coverage. The Borrower shall maintain a ratio of Consolidated EBITDA to Consolidated Net Interest Expense (excluding any commitment fees on the undrawn parts of the Total Commitments) equal to or greater than:

Appears in 2 contracts

Samples: Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Tankers Inc.)

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