Common use of Consolidated Interest Coverage Ratio Clause in Contracts

Consolidated Interest Coverage Ratio. On and after the Restatement Effective Date, the Borrower will not permit the Consolidated Interest Coverage Ratio to be less than (i) 2.00 to 1.00 as of the last day of each of the first four fiscal quarters of the Borrower after the Restatement Effective Date or (ii) 2.25 to 1.00 as of the last day of any fiscal quarter of the Borrower thereafter.

Appears in 6 contracts

Samples: Senior Secured Revolving Credit Agreement (Oaktree Specialty Lending Corp), Senior Secured Revolving Credit Agreement (Oaktree Specialty Lending Corp), Senior Secured Revolving Credit Agreement (Oaktree Specialty Lending Corp)

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Consolidated Interest Coverage Ratio. On and after After the Restatement Effective Date, the Borrower will not permit the Consolidated Interest Coverage Ratio to be less than (i) 2.00 2.50 to 1.00 as of the last day of each of the first four fiscal quarters of the Borrower after the Restatement Effective Date or (ii) 2.25 to 1.00 1 as of the last day of any fiscal quarter of the Borrower thereafterquarter.

Appears in 3 contracts

Samples: Senior Secured Revolving Credit Agreement (MONROE CAPITAL Corp), Senior Secured Revolving Credit Agreement (MONROE CAPITAL Corp), Senior Secured Revolving Credit Agreement (MONROE CAPITAL Corp)

Consolidated Interest Coverage Ratio. On and after As of the Restatement Effective Datelast day of each fiscal quarter, the Borrower will not permit the Consolidated Interest Coverage Ratio to be less than (i) 2.00 1.5 to 1.00 1.0 as of the last day of each end of the first four (4) fiscal quarters of following the Borrower after the Restatement Effective Closing Date or and (ii) 2.25 2.0 to 1.00 1.0 as of the last day end of any each fiscal quarter of the Borrower thereafter.

Appears in 3 contracts

Samples: Indenture (Brigham Exploration Co), Indenture (Enron Capital & Trade Resources Corp), Indenture (Brigham Holdings Ii LLC)

Consolidated Interest Coverage Ratio. On and after the Restatement Effective Date, the Borrower will not permit the The Consolidated Interest Coverage Ratio to be less than (i) 2.00 to 1.00 Ratio, as of at the last day end of each of the first four fiscal quarters of the Borrower after the Restatement Effective Date or (ii) 2.25 to 1.00 as of the last day of any fiscal quarter of the Borrower thereafter(beginning with the fiscal quarter ending December 31, 2009) occurring prior to the Investment Grade Rating Date, shall be greater than or equal to 3.00 to 1.00. For each fiscal quarter ending on and after the Investment Grade Rating Date, the Borrower shall have no further obligation to comply with this Section 5.02.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Western Gas Partners LP), Revolving Credit Facility Agreement

Consolidated Interest Coverage Ratio. On and after the Restatement Effective DateFor so long as any Revolving Loans and/or Revolving Commitments remain outstanding, the Borrower will shall not permit the Consolidated Interest Coverage Ratio to be less than (i) 2.00 to 1.00 as of the last day of each of the first four fiscal quarters of the Borrower after the Restatement Effective Date or (ii) 2.25 to 1.00 2.75:1.00 as of the last day of any fiscal quarter of the Borrower thereafterBorrower, commencing with the first full fiscal quarter ending after the Effective Date.

Appears in 2 contracts

Samples: Credit Agreement (Hanger, Inc.), Credit Agreement (Hanger, Inc.)

Consolidated Interest Coverage Ratio. On and after After the Restatement Effective Date, the theThe Borrower will not permit the Consolidated Interest Coverage Ratio to be less than (i) 2.00 to 1.00 as of the last day of each of the first four fiscal quarters of the Borrower after the Restatement Effective Date or (ii) 2.25 2.50 to 1.00 as of the last day of any fiscal quarter of the Borrower thereafterBorrower.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Capital Southwest Corp)

Consolidated Interest Coverage Ratio. On and after the Restatement Effective Date, the The Borrower will shall not permit the Consolidated Interest Coverage Ratio to be less than (i) 2.00 to 1.00 as of the last day of each of the first four fiscal quarters of the Borrower after the Restatement Effective Date or (ii) 2.25 to 1.00 as of the last day of any fiscal quarter of Borrower (i) ending after the Borrower thereafterEffective Date and on or prior to December 31, 2012, to be less than 1.625:1.00 and (ii) ending after December 31, 2012, to be less than 1.75:1.00.

Appears in 1 contract

Samples: Credit Agreement (Symbion Inc/Tn)

Consolidated Interest Coverage Ratio. On and after After the Restatement Effective Date, the theThe Borrower will not permit the Consolidated Interest Coverage Ratio to be less than (i) 2.00 1.75 to 1.00 1 as of the last day of each of the first four any fiscal quarters quarter of the Borrower after the Restatement Effective Date ending on or prior to December 31, 2015, or (ii) 2.25 to 1.00 1 as of the last day of any fiscal quarter of the Borrower thereafter.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Capitala Finance Corp.)

Consolidated Interest Coverage Ratio. On and After the earlier of the date that is three (3) months after the Restatement Effective DateDate and the first date upon which the Borrower and its Subsidiaries are in compliance with this Section 6.07(a), the Borrower will shall not permit the Consolidated Interest Coverage Ratio to be less than (i) 2.00 1.5 to 1.00 as of the last day of each of the first four fiscal quarters of the Borrower after the Restatement Effective Date or (ii) 2.25 to 1.00 1.0 as of the last day of any fiscal quarter of the Borrower thereafterBorrower.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Credit Suisse Park View BDC, Inc.)

Consolidated Interest Coverage Ratio. On and after the Restatement Effective Date, the The Borrower will not permit the Consolidated Interest Coverage Ratio to be less than (i) 2.00 2.75 to 1.00 as of the last day of each of the first four fiscal quarters of the Borrower after the Restatement Effective Date or (ii) 2.25 to 1.00 1.00, as of the last day of any fiscal quarter ending on or 102 before March 31, 2023 and (ii) 3.00 to 1.00, as of the Borrower thereafterlast day of any fiscal quarter ending on or after June 30, 2023.

Appears in 1 contract

Samples: Credit Agreement (Cars.com Inc.)

Consolidated Interest Coverage Ratio. On After the OriginalOn and after the Restatement Amendment No. 1 Effective Date, the Borrower will not permit the Consolidated Interest Coverage Ratio to be less than 2.50(i) 2.25 to 11:00 as of the last day of anythe fiscal quarter ending June 30, 2020, (iii) 2.00 to 1.00 1:00 as of the last day of the fiscal quarter ending September 30, 2020 and December 31, 2020 and (iii) 1.75 to 1:00 as of the last day of each of the first four fiscal quarters of the Borrower after the Restatement Effective Date or (ii) 2.25 to 1.00 as of the last day of any fiscal quarter of the Borrower thereafter.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (FIDUS INVESTMENT Corp)

Consolidated Interest Coverage Ratio. On and Commencing with the first fiscal quarter ending after the Restatement Effective DateDate (i.e., September 30, 2024), the Borrower will shall not permit the Consolidated Interest Coverage Ratio to be less than (i) 2.00 to 1.00 as of the last day of each of the first four fiscal quarters of the Borrower after the Restatement Effective Date or (ii) 2.25 to 1.00 as of the last day end of any fiscal quarter of the Borrower thereafterto be less than 2.75:1.00.

Appears in 1 contract

Samples: Revolving Credit Agreement (Mattel Inc /De/)

Consolidated Interest Coverage Ratio. On and after the Restatement Effective Date, the The Borrower will shall not permit the Consolidated Interest Coverage Ratio to be less than (i) 2.00 to 1.00 as of the last day of each of the first four fiscal quarters of the Borrower after the Restatement Effective Date or (ii) 2.25 to 1.00 as of the last day of any fiscal quarter of the Borrower thereafterto be less than 3.00 to 1.00 from the Closing Date through July 1, 2007; 2.75 to 1.00 from September 30, 2007 through June 29, 2008; 2.25 to 1.00 from September 28, 2008 through December 28, 2008; and 2.00 to 1.00 from and after March 29, 2009.”

Appears in 1 contract

Samples: Credit Agreement (McClatchy Co)

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Consolidated Interest Coverage Ratio. On and after the Restatement Effective Date, the Borrower will The Borrowers shall not permit the Consolidated Interest Coverage Ratio to be less than (i) 2.00 to 1.00 as of the last day of each of the first four fiscal quarters of the Borrower after the Restatement Effective Date or (ii) 2.25 to 1.00 as of the last day of any fiscal quarter (commencing with the first full fiscal quarter ending after the Restatement Effective Date) of the Borrower thereafterCompany to be less than 3:00 to 1.00.

Appears in 1 contract

Samples: Revolving Credit Agreement (NXP Semiconductors N.V.)

Consolidated Interest Coverage Ratio. On and after After the Restatement Effective Date, the Borrower will not permit the Consolidated Interest Coverage Ratio to be less than (i) 2.00 1.75 to 1.00 1 as of the last day of each of the first four any fiscal quarters quarter of the Borrower after the Restatement Effective Date ending on or prior to December 31, 2015, or (ii) 2.25 to 1.00 1 as of the last day of any fiscal quarter of the Borrower thereafter.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Capitala Finance Corp.)

Consolidated Interest Coverage Ratio. On and after the Restatement Effective Date, the The Borrower will not permit the Consolidated Interest Coverage Ratio to be less than (i) 2.00 2.75 to 1.00 as of the last day of each of the first four fiscal quarters of the Borrower after the Restatement Effective Date or (ii) 2.25 to 1.00 1.00, as of the last day of any fiscal quarter ending on or before March 31, 2023 and (ii) 3.00 to 1.00, as of the Borrower thereafterlast day of any fiscal quarter ending on or after June 30, 2023.

Appears in 1 contract

Samples: Credit Agreement (Cars.com Inc.)

Consolidated Interest Coverage Ratio. On and after After the Restatement Effective Date, the Borrower will not permit the Consolidated Interest Coverage Ratio to be less than (i) 2.00 2.50 to 1.00 as of the last day of each of the first four fiscal quarters of the Borrower after the Restatement Effective Date or (ii) 2.25 to 1.00 1 as of the last day of any fiscal quarter of the Borrower thereafter.Borrower. Fidus β€” Conformed Final Credit Agreement

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (FIDUS INVESTMENT Corp)

Consolidated Interest Coverage Ratio. On and after After the Restatement Effective Date, the Borrower will not permit the Consolidated Interest Coverage Ratio to be less than (i) 2.00 to 1.00 as of the last day of each of the first four fiscal quarters of the Borrower after the Restatement Effective Date or (ii) 2.25 to 1.00 as of the last day of any fiscal quarter of the Borrower thereafter.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Oaktree Specialty Lending Corp)

Consolidated Interest Coverage Ratio. On and Commencing with the first fiscal quarter ending after the Restatement Effective Date, the Borrower will not permit the Consolidated Interest Coverage Ratio to be less than (i) 2.00 to 1.00 as of the last day of each of the first four fiscal quarters of the Borrower after the Restatement Effective Date or (ii) 2.25 to 1.00 as of on the last day of any fiscal quarter of the US Borrower thereafterto be less than 2.25:1.00.

Appears in 1 contract

Samples: Amendment and Restatement Agreement (Compass Minerals International Inc)

Consolidated Interest Coverage Ratio. On and after After the Restatement Effective Date, the Borrower will not permit the Consolidated Interest Coverage Ratio to be less than (i) 2.00 to 1.00 as of the last day of each of the first four fiscal quarters of the Borrower after the Restatement Effective Date or (ii) 2.25 2.50 to 1.00 as of the last day of any fiscal quarter of the Borrower thereafterBorrower.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Capital Southwest Corp)

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