Common use of Consolidated EBITDA to Consolidated Interest Expense Ratio Clause in Contracts

Consolidated EBITDA to Consolidated Interest Expense Ratio. The Company will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Interest Expense for any period of four consecutive fiscal quarters ending on the last day of any fiscal quarter to be less than 5:1.

Appears in 3 contracts

Samples: Agreement (Perkinelmer Inc), Agreement (Perkinelmer Inc), Agreement (Perkinelmer Inc)

AutoNDA by SimpleDocs

Consolidated EBITDA to Consolidated Interest Expense Ratio. The Company Beginning with the fiscal quarter ending June 30, 2012, the Borrower will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Interest Expense for any period Ratio as of four consecutive fiscal quarters ending on the last day of any fiscal quarter Test Period to be less than 5:13.0 to 1.0.

Appears in 2 contracts

Samples: Credit Agreement (LPL Financial Holdings Inc.), Credit Agreement (LPL Investment Holdings Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.