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: 364 Day Revolving Credit Facility Agreement (Itt Industries Inc), Credit Facility Agreement (Itt Industries Inc)

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Consolidated EBITDA to Consolidated Interest Expense. Permit As of the ratio last day of (a) any Fiscal Quarter, the Consolidated EBITDA to (b) Consolidated Interest Expense, each as calculated for any period Expense Ratio of the four prior consecutive fiscal quarters, to Guarantor and its Consolidated Subsidiaries will not be less than 3.75 1.75 to 1.01.

Appears in 2 contracts

Samples: Note Purchase Facility Agreement (Tele Norte Leste Participacoes Sa), Note Purchase Facility Agreement (Tele Norte Leste Participacoes Sa)

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