Common use of Consolidated Coverage Ratio Clause in Contracts

Consolidated Coverage Ratio. The Borrower shall not permit the Consolidated Coverage Ratio of the Consolidated Group as of the end of any fiscal quarter of the Borrower to be less than the Consolidated Coverage Ratio of the Consolidated Group on the Funding Date after giving pro forma effect to the Transaction multiplied by 0.8.

Appears in 6 contracts

Samples: Credit Agreement (Echo Pharma Acquisition LTD), Credit Agreement (Echo Pharma Acquisition LTD), Credit Agreement (Echo Pharma Acquisition LTD)

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Consolidated Coverage Ratio. The Borrower shall not permit the Consolidated Coverage Ratio of the Consolidated Group as of the end of any fiscal quarter of the Borrower to be less than the Consolidated Coverage Ratio of the Consolidated Group on the Initial Funding Date after giving pro forma effect to the Transaction multiplied by 0.8.

Appears in 2 contracts

Samples: Senior Secured Bridge Credit Agreement (Echo Pharma Acquisition LTD), Senior Secured Bridge Credit Agreement (Echo Pharma Acquisition LTD)

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