Ratio of EBITDA to Interest and Rents Sample Clauses

Ratio of EBITDA to Interest and Rents. The Borrower will -------------------------------------- not permit on the last day of any fiscal quarter, the Borrower's ratio of EBITDA to the sum of (A) Consolidated Interest Expense and (B) Consolidated Rents to be less than 3.00:1.00.
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Ratio of EBITDA to Interest and Rents. The Borrower, will not permit on the last day of any fiscal quarter, its ratio of EBITDA to Consolidated Interest Expense as of the time periods set forth below to be less than the ratio established for such time period as set forth below: 49 -------------------------------------------------------------------------- EBITDA/INTEREST -------------------------------------------------------------------------- Time Period Ratio Second Quarter 2004 1.25:1.00 Third Quarter 2004 1.75:1.00 Fourth Quarter 2004 and thereafter 3.10:1.00
Sample 1
Ratio of EBITDA to Interest and Rents. The Borrower will not permit on the last day of the applicable period set forth below the Borrower’s ratio of EBITDA to the sum of (A) Consolidated Interest Expense and (B) Consolidated Rents to be less than the ratio set forth below for the applicable period. Quarter Ending Ratio March 31, 2006 2.00:1.00 June 30, 2006 and thereafter 3.00:1.00
Sample 1

Related to Ratio of EBITDA to Interest and Rents

  • Minimum Unsecured Interest Coverage Ratio As of the last day of any fiscal quarter, the Unsecured Interest Coverage Ratio for the Parent, on a consolidated basis, for the fiscal quarter then ended, annualized, to be less than or equal to 1.75 to 1.00; and

  • Interest Expense Coverage Ratio The Borrower will not permit the ratio of (i) Consolidated EBITDA to (ii) Consolidated Cash Interest Expense for any period of four consecutive fiscal quarters to be less than 3.75 to 1.00.

  • Ratio of Total Debt to EBITDAX The Borrower will not, at any time, permit its ratio of Total Debt as of such time to EBITDAX for the four fiscal quarters ending on the last day of the fiscal quarter immediately preceding the date of determination for which financial statements are available to be greater than 3.5 to 1.0.

  • Consolidated Debt Service Coverage Ratio Permit the Consolidated Debt Service Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 1.25:1.00.

  • Debt Service Coverage Ratio Not permit the Debt Service Coverage Ratio on the last day of each Fiscal Quarter to be less than 3.50 to 1.00.

  • Debt Coverage Ratio Permit, as of the close of any fiscal quarter, the ratio of (a) quarterly EBITDAX to (b) Debt Service to be less than 2.50 to 1.0.

  • Consolidated Senior Leverage Ratio Permit at any time the Consolidated Senior Leverage Ratio to exceed the ratio set forth opposite the applicable period below: Consolidated Period Senior Leverage Ratio ------ --------------------- March 30, 2003 2.30 : 1.00 March 31, 2003 - June 29, 2003 2.20 : 1.00 June 30, 2003 - December 28, 2003 2.00 : 1.00 December 29, 2003 and thereafter 1.75 : 1.00

  • Minimum Consolidated Interest Coverage Ratio Permit the Consolidated Interest Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 3.25 to 1.00.

  • Interest Coverage Ratio The Borrower will not permit the Interest Coverage Ratio to be less than 2.75 to 1.0 on the last day of any Fiscal Quarter.

  • Maximum Senior Leverage Ratio Borrower and its Subsidiaries on a consolidated basis shall have, at the end of each Fiscal Quarter set forth below, a Senior Leverage Ratio as of the last day of such Fiscal Quarter and for the 12-month period then ended of not more than the following:

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