Cash Coverage Ratio. The Borrower will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Interest Expense, in each case for the twelve-month period ended on the last day of any fiscal quarter commencing with the fiscal quarter ended June 30, 2006, to be less than 2.25 to 1.0.
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Cash Coverage Ratio. The Borrower will not permit the ratio of (a) Consolidated EBITDA plus Consolidated Capital Lease Expense minus Consolidated Capital Expenditures to (b) Consolidated Interest Expense, in each case for the twelve-month period ended on the last day of any fiscal quarter commencing with the fiscal quarter ended June 30December 31, 20061997, to be less than 2.25 to 1.0.the amount specified in the chart below for any such day occurring in the applicable calendar year: Year Minimum Ratio ---- ------------- 1997 and 1998 1.30 1999 1.40 2000 1.40 2001 1.50 2002 1.55
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Cash Coverage Ratio. The Borrower will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Interest Expense, in each case for the twelve-month period ended on the last day of any fiscal quarter commencing with the fiscal quarter ended June 30March 31, 20062008, to be less than 2.25 to 1.0.
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Samples: Letter of Credit and Reimbursement Agreement (Unisource Energy Corp)
Cash Coverage Ratio. The Borrower will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Interest Expense, in each case for the twelve-month period ended on the last day of any fiscal quarter of the Borrower, commencing with the fiscal quarter ended on June 30, 20062003, to be less than 2.25 1.8 to 1.0, as evidenced by the financial statements to be delivered pursuant to Section 5.1(a) or (b), as applicable.
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Cash Coverage Ratio. The Borrower will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Interest Expense, in each case for the twelve-month period ended on the last day of any fiscal quarter commencing with the fiscal quarter ended June 30, 20062005, to be less than 2.25 to 1.0.
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Cash Coverage Ratio. The Borrower will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Interest Expense, in each case for the twelve-month period ended on the last day of any fiscal quarter commencing with the fiscal quarter ended June 30December 31, 20062009, to be less than 2.25 to 1.0.
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