Common use of Consolidated EBITDA to Interest Expense Clause in Contracts

Consolidated EBITDA to Interest Expense. Maintain a ratio of Consolidated EBITDA to Interest Expense of not less than 2.50 to 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 5 contracts

Samples: Credit Agreement (International Shipholding Corp), Senior Secured Term Loan Facility Agreement (International Shipholding Corp), Senior Secured Term Loan Facility Agreement (International Shipholding Corp)

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Consolidated EBITDA to Interest Expense. Maintain a ratio of Consolidated EBITDA to Interest Expense of not less than 2.50 to 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 4 contracts

Samples: Senior Secured Loan Facility Agreement (International Shipholding Corp), Senior Secured Loan Facility Agreement (International Shipholding Corp), Facility Agreement (International Shipholding Corp)

Consolidated EBITDA to Interest Expense. Maintain In the case of the Guarantor, maintain a ratio of Consolidated EBITDA to Interest Expense of not less than 2.00 to 1.00 until December 31, 2002 and thereafter of not less than 2.50 to 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)

Consolidated EBITDA to Interest Expense. Maintain a The ratio of Consolidated EBITDA EBITDA, for the preceding four quarter period, to Interest Expense of not Initial Borrower and its Consolidated Subsidiaries for the preceding four quarter period, determined as of the last day of each Fiscal Quarter to be less than 2.50 1.3 to 1.00, measured at the end of each fiscal quarter based on the four most recent fiscal quarters for which financial information is available1.0.

Appears in 1 contract

Samples: Credit Agreement (Capitalsource Inc)

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Consolidated EBITDA to Interest Expense. Maintain In the case of the Guarantor, maintain a ratio of Consolidated EBITDA to Interest Expense of not less than 2.50 to 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)

Consolidated EBITDA to Interest Expense. Maintain a ratio of Consolidated EBITDA to Interest Expense of not less than 2.50 to 1.00, measured at the end of each fiscal quarter based on the four most recent fiscal quarters for which financial information is available.; and

Appears in 1 contract

Samples: Agreement (International Shipholding Corp)

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