Consolidated Interest Expense Coverage Ratio Sample Clauses

Consolidated Interest Expense Coverage Ratio. The Borrower and its Restricted Subsidiaries shall maintain on the last day of each Fiscal Quarter a Consolidated Interest Expense Coverage EBITDA Ratio for the Test Period ending on such day of greater than or equal to 1.75 to 1.00.
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Consolidated Interest Expense Coverage Ratio. The Borrower will not permit the Consolidated Interest Expense Coverage Ratio as of the last day of any fiscal quarter ending during any period set forth below to be less than the ratio set forth below opposite such period: Period Ratio December 29, 2002 through July 17, 2004 3.00 to 1.00 July 18, 2004 and thereafter 3.25 to 1.00
Consolidated Interest Expense Coverage Ratio. Permit the Consolidated Interest Expense Coverage Ratio for any four-fiscal-quarter period ending after the date hereof to be less than 3.00 to 1.00.
Consolidated Interest Expense Coverage Ratio. Permit the Consolidated Interest Expense Coverage Ratio for any four-fiscal-quarter period ending on any date set forth below to be less than the ratio set forth below opposite such date. Date Ratio ---- ----- June 30, 2001 1.75 to 1.00 September 30, 2001 1.75 to 1.00 December 31, 2001 2.00 to 1.00 March 31, 2002 2.00 to 1.00 June 30, 2002 2.00 to 1.00 September 30, 2002 2.00 to 1.00 December 31, 2002 2.00 to 1.00 March 31, 2003 2.50 to 1.00 June 30, 2003 2.50 to 1.00 September 30, 2003 2.50 to 1.00 December 31, 2003 2.50 to 1.00 Each quarter end thereafter 2.50 to 1.00
Consolidated Interest Expense Coverage Ratio. The Borrower will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Interest Expense for any period of four consecutive fiscal 101 96 quarters ending on any date during any period set forth below to be less than the ratio set forth below opposite such period: PERIOD RATIO ------ ----- September 27, 1999 to and including December 31, 1999 1.50 to 1.00 January 1, 2000 to and including June 30, 2000 1.55 to 1.00 July 1, 2000 to and including December 31, 2000 1.65 to 1.00 January 1, 2001 to and including June 30, 2001 1.90 to 1.00 July 1, 2001 to and including March 31, 2002 2.00 to 1.00 April 1, 2002 to and including March 31, 2003 2.25 to 1.00 Thereafter 2.50 to 1.00 For purposes of determining compliance with this Section 6.14, Consolidated Interest Expense for the period of four consecutive fiscal quarters ended (i) September 27, 1999, shall be deemed to be equal to the product of Consolidated Interest Expense for the fiscal quarter then ended multiplied by four, (ii) December 27, 1999, shall be deemed to be equal to the product of Consolidated Interest Expense for the two consecutive fiscal quarters then ended multiplied by two and (iii) March 27, 2000, shall be deemed to be equal to the product of Consolidated Interest Expense for the three consecutive fiscal quarters then ended multiplied by four-thirds.
Consolidated Interest Expense Coverage Ratio. Permit the Consolidated Interest Expense Coverage Ratio for any period of four consecutive fiscal quarters, in each case taken as one accounting period, ending on a date set forth below (excluding any such date occurring prior to the last day of the first full fiscal quarter following the Amendment No. 1 Effective Date) to be less than: (a) for any such date occurring on or prior to the last day of the fiscal quarter in which the Skelaxin Trigger Event occurs, the ratio set forth below opposite such date: Date Ratio 03/31/09 4.00:1 06/30/09 4.00:1 09/30/09 4.00:1 12/31/09 4.00:1 03/31/10 4.00:1 06/30/10 4.00:1 09/30/10 4.00:1 12/31/10 4.00:1 03/31/11 4.00:1 06/30/11 4.00:1 09/30/11 4.00:1 12/31/11 4.00:1 03/31/12 4.00:1 (b) thereafter, the ratio set forth below opposite such date: Date Ratio 03/31/09 3.75:1 06/30/09 3.75:1 09/30/09 3.75:1 12/31/09 3.75:1 03/31/10 3.75:1 06/30/10 3.75:1 09/30/10 4.00:1 12/31/10 4.00:1 03/31/11 4.00:1 06/30/11 4.00:1 09/30/11 4.00:1 12/31/11 4.00:1 03/31/12 4.00:1
Consolidated Interest Expense Coverage Ratio. The Borrower will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Interest Expense for any period of four consecutive fiscal quarters ending on any date during any period set forth below to be less than the ratio set forth below opposite such period: From and including the Restatement Effective Date to and including December 31, 2009 1.20 to 1.00 January 1, 2010 to and including December 31, 2010 1.25 to 1.00 January 1, 2011 to and including December 31, 2011 1.30 to 1.00 January 1, 2012 and thereafter 1.40 to 1.00
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Consolidated Interest Expense Coverage Ratio. The Borrower will not permit the ratio of EBITDA to Consolidated Interest Expense for any period of four consecutive fiscal quarters to be less than 7.00 to 1.00; provided, however, for purposes of this Section only, Consolidated Interest Expense shall not include (a) amortization of debt discount and debt issuance cost, including commitment fees (other than with respect to the Commitments) or (b) non-cash interest expense.
Consolidated Interest Expense Coverage Ratio. The Borrower will not permit its ratio of (a) Consolidated EBITDA to (b) Consolidated Interest Expense (net of interest income), in each case for any period of four consecutive fiscal quarters of the Borrower ending on the last day of any fiscal quarter referred to below to be less than the ratio set forth below opposite such period: Fiscal Quarter Ending: Ratio: ---------------------- ------ October 26, 2002 1.75:1.0 Thereafter 2.25:1.0"
Consolidated Interest Expense Coverage Ratio. As of the end of each -------------------------------------------- fiscal quarter, the Consolidated Interest Expense Coverage Ratio shall be not less than: Fiscal Quarter Ending --------------------- June 30, 2001 2.40:1.00 September 30, 2001 2.40:1.00 December 31, 2001 2.40:1.00 March 31, 2002 2.60:1.00 June 30, 2002 2.60:1.00 September 30, 2002 2.60:1.00 December 31, 2002 2.60:1.00 March 31, 2003 2.80:1.00 June 30, 2003 2.80:1.00 September 30, 2003 2.80:1.00 December 31, 2003 2.80:1.00 March 31, 2004 3.10:1.00 June 30, 2004 3.10:1.00 September 30, 2004 3.10:1.00 December 31, 2004 3.10:1.00 March 31, 2005 3.30:1.00 June 30, 2005 3.30:1.00 September 30, 2005 3.30:1.00 December 31, 2005 3.30:1.00 March 31, 2006 3.60:1.00 June 30, 2006 3.60:1.00 September 30, 2006 3.60:1.00 December 31, 2006 3.60:1.00 March 31, 2007 and thereafter 3.75:1.00
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