CONSOLIDATED EBITDA TO CONSOLIDATED TOTAL INTEREST EXPENSE Sample Clauses

CONSOLIDATED EBITDA TO CONSOLIDATED TOTAL INTEREST EXPENSE. The Borrower will not permit, as at the end of any fiscal quarter, the ratio of (a) Consolidated EBITDA for the period of four consecutive fiscal quarters ending at such date, to (b) Consolidated Total Interest Expense for such period of four fiscal quarters, to be less than 1.75:1.0 from the period ending March 31, 2001 to December 31, 2003 and 1.9:1.0
Sample 1
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CONSOLIDATED EBITDA TO CONSOLIDATED TOTAL INTEREST EXPENSE. TransTechnology will not permit the ratio of Consolidated EBITDA for any Reference Period ending on or before September 30, 1999, to Consolidated Total Interest Expense for such Reference Period to be less than 3.25:1, and will not permit the ration of Consolidated EBITDA for any Reference Period ending after September 30, 1999, to Consolidated Total Interest Expense for such Reference Period to be less than 3.50:1.
Sample 1
CONSOLIDATED EBITDA TO CONSOLIDATED TOTAL INTEREST EXPENSE. The Borrowers will not permit the ratio of (a) Consolidated EBITDA for each period consisting of four consecutive fiscal quarters of the Borrowers ending on a date set forth in the table below, commencing with the four quarter period ending March 31, 1998, to (6) Consolidated Total Interest Expense for such period, to be less than the amount set forth opposite the relevant date in the table below: -------------------------------------------------------------------------------- Period Ratio ------ ----- -------------------------------------------------------------------------------- 3/31/98 1.75:1.00 -------------------------------------------------------------------------------- 6/30/98 and thereafter 1.80:1.00 --------------------------------------------------------------------------------
Sample 1
CONSOLIDATED EBITDA TO CONSOLIDATED TOTAL INTEREST EXPENSE. The Borrower will not permit the ratio of (a) Consolidated EBITDA for any period of four (4) consecutive fiscal quarters ending during any period described in the table set forth below to (b) Consolidated Total Interest Expense for such period to be less than the ratio set forth opposite the applicable period in such table: Period Ratio Closing Date through 2/27/01 2.00:1.00 2/28/01 and thereafter 2.50:1.00
Sample 1
CONSOLIDATED EBITDA TO CONSOLIDATED TOTAL INTEREST EXPENSE. Sec. 11.1 of the Credit Agreement is hereby amended by deleting the table set forth at the end of such Sec. 11.1 and substituting in lieu thereof the following table: "PERIOD RATIO From July 1, 2000 through 1.75 : 1 September 30, 2001 From October 1, 2001 through 2:00 : 1 September 30, 2002 From October 1, 2002 through 2.25 : 1 September 30, 2003 From October 1, 2003 and thereafter 2.50 : 1"
Sample 1

Related to CONSOLIDATED EBITDA TO CONSOLIDATED TOTAL INTEREST EXPENSE

  • Consolidated Interest Expense With respect to any period, without duplication, (a) total Interest Expense of REIT and its Subsidiaries determined on a Consolidated basis in accordance with GAAP for such period, plus (b) such Person’s Equity Percentage of Interest Expense of its Unconsolidated Affiliates for such period.

  • Consolidated Total Net Leverage Ratio Permit the Consolidated Total Net Leverage Ratio on the last day of any fiscal quarter occurring during any period set forth below, to be greater than the ratio set forth below opposite such period: Period Maximum Consolidated Total Net Leverage Ratio Closing Date through and including September 30, 2014 7.25:1.00 December 31, 2014 through and including September 30, 2015 6.75:1.00 December 31, 2015 and thereafter 6.50:1.00

  • Minimum Consolidated EBITDA The Borrower will not permit Modified Consolidated EBITDA, for any Test Period ending at the end of any fiscal quarter of the Borrower set forth below, to be less than the amount set forth opposite such fiscal quarter: Fiscal Quarter Amount September 30, 1997 $36,000,000 December 31, 1997 $36,000,000 March 31, 1998 $36,000,000 June 30, 1998 $37,000,000 September 30, 1998 $37,000,000 December 31, 1998 $38,000,000 March 31, 1999 $38,000,000 June 30, 1999 $39,000,000 September 30, 1999 $40,000,000 December 31, 1999 $41,000,000 March 31, 2000 $41,000,000 June 30, 2000 $42,000,000 September 30, 2000 $43,000,000 December 31, 2000 $44,000,000 March 31, 2001 $44,000,000 June 30, 2001 $45,000,000 September 30, 2001 $46,000,000 December 31, 2001 $47,000,000 March 31, 2002 $47,000,000

  • Interest Expense For any period with respect to Parent Borrower and its Subsidiaries, without duplication, (a) interest (whether accrued or paid) actually payable (without duplication), excluding non-cash interest expense but including capitalized interest not funded under a construction loan, together with the interest portion of payments actually payable on Capitalized Leases, plus (b) Parent Borrower’s and its respective Subsidiaries’ Equity Percentage of Interest Expense of their Unconsolidated Affiliates for such period.

  • Consolidated Net Leverage Ratio Permit the Consolidated Net Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 4.50:1.00.

  • Consolidated EBITDA With respect to any period, an amount equal to the EBITDA of REIT and its Subsidiaries for such period determined on a Consolidated basis.

  • Interest Expense Coverage Ratio The Borrower will not permit the ratio of (i) Consolidated EBITDA to (ii) Consolidated Cash Interest Expense for any period of four consecutive fiscal quarters to be less than 3.75 to 1.00.

  • Consolidated Total Leverage Ratio Permit the Consolidated Total Leverage Ratio as of the last day of any fiscal quarter ending on or after September 30, 2008 to be greater than 3.5 to 1.0.

  • Minimum Consolidated Adjusted EBITDA The Borrowers will maintain, as of the last day of each Fiscal Quarter commencing with the Fiscal Quarter ending December 31, 2009, Consolidated Adjusted EBITDA for the four Fiscal Quarters then ended of not less than $22,500,000.

  • Consolidated Leverage Ratio Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 2.50 to 1.0.

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