Common use of Cash Coverage Ratio Clause in Contracts

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 December 31, 2009, to be less than 2.25 to 1.0.

Appears in 1 contract

Samples: Loan Agreement (Unisource Energy Corp)

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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 of the Borrower, commencing with the fiscal quarter ended December 31on June 30, 20092003, 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.

Appears in 1 contract

Samples: Term Loan 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 commencing with the fiscal quarter ended December 31June 30, 20092006, to be less than 2.25 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (Tucson Electric Power Co)

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 December March 31, 20092008, to be less than 2.25 to 1.0.

Appears in 1 contract

Samples: Letter of Credit and Reimbursement Agreement (Unisource Energy Corp)

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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 December 31June 30, 20092005, to be less than 2.25 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (Unisource Energy Corp)

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