Consolidated EBIT to Consolidated Cash Interest Expense Ratio Sample Clauses

Consolidated EBIT to Consolidated Cash Interest Expense Ratio. As of any date of determination, means the ratio of (a) the aggregate amount of Consolidated EBIT for the period of the most recent four consecutive fiscal quarters ending on or prior to the date of such determination to (b) Consolidated Cash Interest Expense for such four fiscal quarters.
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Consolidated EBIT to Consolidated Cash Interest Expense Ratio. As of the last day of each fiscal quarter of the Borrower, commencing on September 30, 2007, the Consolidated EBIT to Consolidated Cash Interest Expense Ratio will not be less than 1.10 to 1.00.
Sample 1
Consolidated EBIT to Consolidated Cash Interest Expense Ratio. As of the last day of each fiscal quarter of the Borrowers, commencing on December 31, 2005, the Consolidated EBIT to Consolidated Cash Interest Expense Ratio will not be less than (i) for any date prior to the date of the occurrence of a Refinancing Event, 1.00 to 1.00, and (ii) for any date after the date of the occurrence of a Refinancing Event, 1.10 to 1.00.
Sample 1
Consolidated EBIT to Consolidated Cash Interest Expense Ratio. As of the last day of each fiscal quarter of the Borrower, the Consolidated EBIT to Consolidated Cash Interest Expense Ratio will not be less than 1.10 to 1.00.
Sample 1
Consolidated EBIT to Consolidated Cash Interest Expense Ratio. As of the last day of each fiscal quarter of the Borrower, commencing with the fiscal quarter ending March 31, 2013, the Consolidated EBIT to Consolidated Cash Interest Expense Ratio of TAL Group will not be less than 1.10 to 1.00.
Sample 1
Consolidated EBIT to Consolidated Cash Interest Expense Ratio. The Borrowers will not permit the Consolidated EBIT to Consolidated Cash Interest Expense Ratio to be less than 1.00 to 1.00, such calculation to be made at the end of each fiscal quarter of the Borrowers commencing with the fiscal quarter ending December 31, 2005.
Sample 1
Consolidated EBIT to Consolidated Cash Interest Expense Ratio. As of the last day of each fiscal quarter of TAL Group, the Consolidated EBIT to Consolidated Cash Interest Expense Ratio of TAL Group and its Consolidated Subsidiaries shall not be less than 1.10 to 1.00.
Sample 1
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Related to Consolidated EBIT to Consolidated Cash Interest Expense Ratio

  • Interest Expense Coverage Ratio The Borrower will not permit the ratio of (i) Consolidated EBITDA to (ii) Consolidated Cash Interest Expense for any period of four consecutive fiscal quarters to be less than 3.75 to 1.00.

  • Minimum Consolidated EBITDA The Borrower will not permit Modified Consolidated EBITDA, for any Test Period ending at the end of any fiscal quarter of the Borrower set forth below, to be less than the amount set forth opposite such fiscal quarter: Fiscal Quarter Amount September 30, 1997 $36,000,000 December 31, 1997 $36,000,000 March 31, 1998 $36,000,000 June 30, 1998 $37,000,000 September 30, 1998 $37,000,000 December 31, 1998 $38,000,000 March 31, 1999 $38,000,000 June 30, 1999 $39,000,000 September 30, 1999 $40,000,000 December 31, 1999 $41,000,000 March 31, 2000 $41,000,000 June 30, 2000 $42,000,000 September 30, 2000 $43,000,000 December 31, 2000 $44,000,000 March 31, 2001 $44,000,000 June 30, 2001 $45,000,000 September 30, 2001 $46,000,000 December 31, 2001 $47,000,000 March 31, 2002 $47,000,000

  • Interest Expense For any period with respect to Parent Borrower and its Subsidiaries, without duplication, (a) interest (whether accrued or paid) actually payable (without duplication), excluding non-cash interest expense but including capitalized interest not funded under a construction loan, together with the interest portion of payments actually payable on Capitalized Leases, plus (b) Parent Borrower’s and its respective Subsidiaries’ Equity Percentage of Interest Expense of their Unconsolidated Affiliates for such period.

  • Consolidated EBITDA With respect to any period, an amount equal to the EBITDA of REIT and its Subsidiaries for such period determined on a Consolidated basis.

  • Minimum Consolidated Adjusted EBITDA The Borrowers will maintain, as of the last day of each Fiscal Quarter commencing with the Fiscal Quarter ending December 31, 2009, Consolidated Adjusted EBITDA for the four Fiscal Quarters then ended of not less than $22,500,000.

  • Consolidated Interest Expense With respect to any period, without duplication, (a) total Interest Expense of REIT and its Subsidiaries determined on a Consolidated basis in accordance with GAAP for such period, plus (b) such Person’s Equity Percentage of Interest Expense of its Unconsolidated Affiliates for such period.

  • Consolidated Leverage Ratio Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 2.50 to 1.0.

  • Consolidated Net Leverage Ratio Permit the Consolidated Net Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 4.50:1.00.

  • Consolidated Total Net Leverage Ratio Permit the Consolidated Total Net Leverage Ratio on the last day of any fiscal quarter occurring during any period set forth below, to be greater than the ratio set forth below opposite such period: Period Maximum Consolidated Total Net Leverage Ratio Closing Date through and including September 30, 2014 7.25:1.00 December 31, 2014 through and including September 30, 2015 6.75:1.00 December 31, 2015 and thereafter 6.50:1.00

  • Consolidated Fixed Charge Coverage Ratio Permit the Consolidated Fixed Charge Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 1.25 to 1.0.

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