Common use of Adjusted EBITDA to Interest Expense Clause in Contracts

Adjusted EBITDA to Interest Expense. The Borrower will not permit the ratio of its Adjusted EBITDA to Interest Expense to be less than 1.5 to 1.0 for any period of two fiscal quarters annualized, calculated as of the end of each fiscal quarter through and including the fiscal quarter ending March 31,

Adjusted EBITDA to Interest Expense. The Borrower will not permit the ratio of its Adjusted EBITDA to Interest Expense to be less than 1.5 1.75 to 1.0 for any period of two four consecutive fiscal quarters annualizedquarters, calculated as of the end of each fiscal quarter through and including the fiscal quarter ending March 31,

Adjusted EBITDA to Interest Expense. The Borrower will not permit the ratio of its Adjusted EBITDA to Interest Expense to be less than 1.5 to 1.0 for any period of two fiscal quarters annualized, calculated as of the end of each fiscal quarter through quarter. Notwithstanding the foregoing, extraordinary gains and including losses shall not be annualized for purposes of the fiscal quarter ending March 31,foregoing calculations if, and to the extent, approved by Agent in its reasonable discretion.

Adjusted EBITDA to Interest Expense. The Borrower will not permit the ratio of its Adjusted EBITDA to Interest Expense to be less than 1.5 1.75 to 1.0 for any period of two four consecutive fiscal quarters annualizedquarters, calculated as of the end of each fiscal quarter through and including the fiscal quarter ending March 31,, 2004. Beginning with the period of four consecutive fiscal quarters ending June 30, 2004, the Borrower will not permit the ratio of its Adjusted EBITDA to Interest Expense to be less than 2.0 to 1.0 for any period of four consecutive fiscal quarters, calculated as of the end of each fiscal quarter.

Adjusted EBITDA to Interest Expense. The Borrower will not permit the ratio of its Adjusted EBITDA to Interest Expense to be less than 1.5 1.75 to 1.0 for any period of two four consecutive fiscal quarters annualizedquarters, calculated as of the end of each fiscal quarter through and including the fiscal quarter ending March 31,quarter.

Adjusted EBITDA to Interest Expense. The Borrower will not permit the ratio of its Adjusted EBITDA to Interest Expense to be less than 1.5 2.0 to 1.0 for any period of two four consecutive fiscal quarters annualizedquarters, calculated as of the end of each fiscal quarter through and including the fiscal quarter ending March 31,quarter.

Adjusted EBITDA to Interest Expense. The Borrower will not permit the ratio of its Adjusted EBITDA to Interest Expense to be less than 1.5 to 1.0 for any period of two fiscal quarters annualized, calculated as of the end of each fiscal quarter through and including the fiscal quarter ending March 31,June 30, 2005. Beginning with the fiscal quarter ending September 30, 2005, the Borrower will not permit the ratio of its Adjusted EBITDA to Interest Expense to be less than 1.75 to 1.0 for any period of two fiscal quarters annualized, calculated as of the end of each fiscal quarter.