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

Consolidated EBITDA to Consolidated Interest Expense. A ratio of Consolidated EBITDA to Consolidated Interest Expense of not less than 2.50 to 1.00 tested quarterly at the end of each Fiscal Quarter based on the four most recent Fiscal Quarters for which financial information is available.

Appears in 4 contracts

Samples: Loan Agreement (International Shipholding Corp), Loan Agreement (International Shipholding Corp), Loan Agreement (International Shipholding Corp)

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Consolidated EBITDA to Consolidated Interest Expense. A Maintain, on a consolidated basis, a ratio of Consolidated EBITDA to Consolidated Interest Expense of not less than 2.50 to 1.00 tested quarterly 1.00, measured at the end of each Fiscal Quarter fiscal quarter of each fiscal year based on the four most recent Fiscal Quarters fiscal quarters for which financial information is available.;

Appears in 3 contracts

Samples: Agreement (International Shipholding Corp), Credit Agreement (International Shipholding Corp), Account Pledge Agreement (International Shipholding Corp)

Consolidated EBITDA to Consolidated Interest Expense. A Maintain, on a consolidated basis, a ratio of Consolidated EBITDA to Consolidated Interest Expense of not less than 2.50 to 1.00 tested quarterly 1.00, measured at the end of each Fiscal Quarter based on the four most recent Fiscal Quarters for which financial information is available.

Appears in 1 contract

Samples: Credit Agreement (International Shipholding Corp)

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Consolidated EBITDA to Consolidated Interest Expense. A Maintain, on a consolidated basis, a ratio of Consolidated EBITDA to Consolidated Interest Expense of not less than 2.50 to 1.00 tested quarterly 1.00, measured at the end of each Fiscal Quarter Quarter, based on the four most recent Fiscal Quarters for which financial information is available.

Appears in 1 contract

Samples: Credit Agreement (International Shipholding Corp)

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