Adjusted Interest Coverage Ratio. The Borrower shall not permit the Adjusted Interest Coverage Ratio (for the most recent four consecutive quarters, except as specified below) to be less than, at the end of any fiscal quarter ending on or during any period listed below, the Adjusted Interest Coverage Ratio set forth opposite such period: Period Ratio ------ ----- From and including January 31, 1998 2.25:1 to and including January 29, 1999 From and including January 30, 1999 2.50:1 and thereafter provided, however, that for the periods ended January 31, 1998, May 23, 1998 and August 15, 1998 the Adjusted Interest Coverage Ratio for such period shall be calculated by reference to the full fiscal quarters then ended since the Closing Date.
Adjusted Interest Coverage Ratio. Maintain the Adjusted Interest Coverage Ratio at not less than the ratio set forth below for each Rolling Period ending in the respective periods set forth below." Each Rolling Period Ending In Ratio -------------- ------------ 1998, 1999 and 2000 2.00 to 1.00 2001 and thereafter 3.50 to 1.00
Adjusted Interest Coverage Ratio. Maintain a ratio of (i) EBITDA to (ii) Interest Expense plus Capital Expenditures as at the last day of each fiscal quarter of the Borrower of not less than the ratios set forth below (calculated on the basis of cumulative aggregate amounts (x) for the period from April 1, 2001 to the last day of such fiscal quarter, in the case of any fiscal quarter ending on or before December 31, 2001, and (y) for the immediately preceding four full fiscal quarters, in the case of any fiscal quarter ending after December 2001):
Adjusted Interest Coverage Ratio. As of the last day of each fiscal quarter of JLG and its Consolidated Subsidiaries, permit the Adjusted Interest Coverage Ratio to be less than 2.25 to 1.00.
5. Amendment to Section 9.4 (Adjusted Leverage Ratio). As of the Amendment No. 3
Adjusted Interest Coverage Ratio. As of the last day of each fiscal quarter of JLG and its Consolidated Subsidiaries, permit the Adjusted Interest Coverage Ratio to be less than the level in the right column below for the fiscal quarter ending during the corresponding period in the left column below: Period Level ------ ----- Amendment No. 1 Effective Date through 2.25 to 1.00 April 30, 2003 May 1, 2003 through July 31, 2003 2.75 to 1.00 August 1, 2003 and thereafter 4.00 to 1.00
Adjusted Interest Coverage Ratio. The Borrower will maintain, at all times, an Adjusted Interest Coverage Ratio of not less than 2.50:1.00.
Adjusted Interest Coverage Ratio. The Borrower will not permit the Adjusted Interest Coverage Ratio to be less than the following respective ratios at the end of any fiscal quarter which falls within the following respective periods:
Adjusted Interest Coverage Ratio. Maintain the Adjusted Interest Coverage Ratio for each Rolling Period at not less than 3.50 to 1.00.
Adjusted Interest Coverage Ratio. The Company shall maintain on a consolidated basis an Adjusted Interest Coverage Ratio at least equal to 1.80:1.00.
Adjusted Interest Coverage Ratio. Commencing at the end of the first Fiscal Quarter of the 2003 Fiscal Year, the Adjusted Interest Coverage Ratio for the Fiscal Quarter just ended and the 3 immediately preceding Fiscal Quarters shall at no time be less than 3.00.
23. Amendment to Section 6.01(b). Section 6.01(b) hereby is amended by deleting it in its entirety and substituting the following therefor:
