Common use of Bank Debt Coverage Ratio Clause in Contracts

Bank Debt Coverage Ratio. Permit, as of the close of any fiscal quarter, the ratio of (a) Bank Debt to (b) EBITDAX measured on a trailing four quarter basis, to be greater than 2.75 to 1.00, beginning with the period ending December 31, 2004. Actual ____ to 1.0

Bank Debt Coverage Ratio. Permit, as of the close of any fiscal quarter, the ratio of (a) Bank Debt to (b) EBITDAX to be greater than 4.00 to 1.00, measured on a trailing four four-quarter basis, to be greater than 2.75 to 1.00, beginning with the period ending December 31, 2004. Actual ____ to 1.0

Bank Debt Coverage Ratio. Permit, as of the close of any fiscal quarter, the ratio of (a) Bank Debt to (b) EBITDAX EBITDA to be greater than 4.00 to 1.00, measured on a trailing four quarter basis, to be greater than 2.75 to 1.00, beginning with the period ending December 31, 2004. Actual ------ _____ to 1.0

Bank Debt Coverage Ratio. Permit, as of the close of any fiscal quarter, the ratio of (a) Bank Debt to (b) EBITDAX measured on a trailing four quarter basis, to be greater than 2.75 to 1.00, beginning with the period ending December 31, 2004. Actual ____ to 1.0.

Bank Debt Coverage Ratio. Permit, as of the close of any fiscal quarter, the ratio of (a) Bank Debt to (b) EBITDAX to be greater than 4.00 to 1.00, measured on a trailing four four- quarter basis, to be greater than 2.75 to 1.00, beginning with the period ending December 31, 2004. Actual ____ to 1.0.

Bank Debt Coverage Ratio. Permit, as of the close of any fiscal quarter, the ratio of (a) Bank Debt to (b) EBITDAX EBITDA to be greater than 4.00 to 1.00, measured on a trailing four quarter basis, to be greater than 2.75 to 1.00, beginning with the period ending December 31, 2004. Actual ____ to 1.0.

Bank Debt Coverage Ratio. Permit, as of the close of any fiscal quarter, the ratio of (a) Bank Debt to (b) EBITDAX to be greater than 4.00 to 1.00, measured on a trailing four four-quarter basis, to be greater than 2.75 to 1.00, beginning with the period ending December 31, 2004. Actual ____ to 1.0