Consolidated EBITDA to Consolidated Interest Expense. Borrower will not permit the ratio of its Consolidated EBITDA to Consolidated Interest Expense as of the end of any fiscal quarter of Borrower (calculated quarterly based upon the four most recently completed quarters) to be less than: October 1, 2005 through March 30, 2006 2.50 to 1.00 March 31, 2006 and thereafter 3.00 to 1.00" (r) Section 9.14 of the Credit Agreement is hereby restated in its entirety to read as follows:
Appears in 3 contracts
Samples: Revolving Credit and Term Loan Agreement (Atlas America Inc), Revolving Credit and Term Loan Agreement (Atlas Pipeline Partners Lp), Revolving Credit and Term Loan Agreement (Atlas Pipeline Holdings, L.P.)
Consolidated EBITDA to Consolidated Interest Expense. The Borrower will not permit the ratio of its Consolidated EBITDA to Consolidated Interest Expense (the “Coverage Ratio”) as of the end of any fiscal quarter of Borrower commencing with the fiscal quarter ending December 31, 2007 (calculated quarterly based upon the four most recently completed quarters, and including pro forma adjustments acceptable to the Administrative Agent following any material acquisition) to be less than: October 1December 31, 2005 2007 through March June 30, 2006 2008 2.50 to 1.00 March 31September 30, 2006 2008 and thereafter 3.00 2.75 to 1.00"
(r) Section 9.14 of the Credit Agreement is hereby restated in its entirety to read as follows:
Appears in 2 contracts
Samples: Revolving Credit and Term Loan Agreement (Atlas Pipeline Holdings, L.P.), Revolving Credit and Term Loan Agreement (Atlas Pipeline Partners Lp)
