Examples of Interest Expense Coverage Ratio in a sentence
Second, Ragunath’s initial position in his statements was that the only purpose of travelling to Blk 299B was to deliver the Bundle, and that Hari had promised to pay him $100 for making the delivery.
Our Interest Expense Coverage Ratio as of January 31, 2022 was 11.91x TTM Adjusted EBITDA compared to the Minimum Interest Expense Coverage Ratio of 3.25x TTM Adjusted EBITDA.
Condition (g) shall also be deemed to have occurred if the lack of relevant components (indicators) for calculating the Consolidated Interest Expense Coverage Ratio makes it impossible to calculate this ratio on the basis of the Group’s annual and/or semi-annual consolidated financial statements prepared in accordance with the IFRS and disclosed by QIWI PLC; the Consolidated Cash Capital Adequacy Ratio has decreased below 20%.
As of the end of each Fiscal Quarter, maintain an Interest Expense Coverage Ratio of not less than 2.75:1.00.
The Interest Expense Coverage Ratio shall be calculated as of the last day of each fiscal quarter for the four-quarter period ending on such day, in each such case calculated, with respect to Permitted Acquisitions, on a PRO FORMA basis using unadjusted historical audited and reviewed unaudited financial statements obtained from the seller (with the EBIT and Rentals components thereof broken down by fiscal quarter in the Borrower's reasonable judgment).