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

Consolidated EBITDA to Consolidated Interest Expense. Permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Interest Expense, each as calculated for any period of the four prior consecutive fiscal quarters, to be less than 3.75 to 1.0.

Appears in 2 contracts

Samples: Borrowing Subsidiary Agreement (Itt Industries Inc), Credit Facility Agreement (Itt Industries Inc)

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Consolidated EBITDA to Consolidated Interest Expense. Permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Interest Expense, For each as calculated for any period of the four prior consecutive fiscal quarters, to be less than 3.75 to 1.0Consolidated EBITDA shall equal or exceed 300% of Consolidated Interest Expense.

Appears in 2 contracts

Samples: Credit Agreement (Racing Champions Corp), Credit Agreement (Racing Champions Corp)

Consolidated EBITDA to Consolidated Interest Expense. Permit the Maintain a ratio of (a) Consolidated EBITDA to (b) Consolidated Interest Expense, each as calculated for any period Expense of the four prior consecutive fiscal quarters, to be not less than 3.75 1.25 to 1.0.

Appears in 2 contracts

Samples: Senior Secured Loan Agreement (Drivetime Automotive Group Inc), Senior Secured Loan Agreement (Ugly Duckling Corp)

Consolidated EBITDA to Consolidated Interest Expense. Permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Interest Expense, each as calculated for any period of the four prior consecutive fiscal quarters, to be less than 3.75 3.5 to 1.0.

Appears in 2 contracts

Samples: Credit Facility Agreement (ITT Corp), Credit Facility Agreement (Itt Industries Inc)

Consolidated EBITDA to Consolidated Interest Expense. Permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Interest Expense, each as calculated Expense for any period of the four prior consecutive fiscal quarters, quarters to be less than 3.75 to 1.0.

Appears in 2 contracts

Samples: George Acquisition Inc, Itt Industries Inc

Consolidated EBITDA to Consolidated Interest Expense. Permit for any period of four consecutive quarters, the ratio of (ai) Consolidated EBITDA to (bii) Consolidated Interest Expense, each as calculated for any period of the four prior consecutive fiscal quarters, Expense to be less than 3.75 3.00 to 1.01.00.

Appears in 1 contract

Samples: Credit Agreement (Ensco International Inc)

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Consolidated EBITDA to Consolidated Interest Expense. Permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Interest Expense, each Expense as calculated for any period of the four prior consecutive end of any fiscal quarters, quarter of the Company to be less than 3.75 to 1.02.00:1.00.

Appears in 1 contract

Samples: Credit Agreement (Sbarro Inc)

Consolidated EBITDA to Consolidated Interest Expense. Permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Interest Expense, each as calculated Expense for any period of the four prior consecutive fiscal quarters, quarters to be less than 3.75 to 1.0.

Appears in 1 contract

Samples: Borrowing Subsidiary Agreement (Itt Industries Inc)

Consolidated EBITDA to Consolidated Interest Expense. Permit the ratio of (a) maintain a Consolidated EBITDA to (b) Consolidated Interest Expense, Expense ratio equal to or greater than 2.00 to 1.00 in each as calculated for any period of instance based on the four prior consecutive most recent fiscal quarters, to be less than 3.75 to 1.0.quarters for which financial information is available;

Appears in 1 contract

Samples: Pledge Agreement (Stolt Nielsen S A)

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