Common use of Consolidated Interest Expense Clause in Contracts

Consolidated Interest Expense. On the last day of each fiscal quarter of the Borrowers, Consolidated EBIT shall be at least 250% of the Annualized Interest Expense for the period of four consecutive fiscal quarters then ended.

Appears in 1 contract

Samples: Credit Agreement (Ameripath Inc)

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Consolidated Interest Expense. On the last day of each fiscal quarter of the BorrowersBorrower (a) ending on or prior to March 31, 1998, Consolidated EBIT shall be at least 250% of the Annualized Interest Expense Adjusted EBITDA for the period of four consecutive fiscal quarters then endedending shall be at least 275% of the Annualized Interest Expense for such period and (b) ending after March 31, 1998, Consolidated Adjusted EBITDA for the period of four consecutive fiscal quarters then ending shall be at least 300% of the Annualized Interest Expense for such period.

Appears in 1 contract

Samples: Credit Agreement (Ameripath Inc)

Consolidated Interest Expense. On the last day of each fiscal quarter of the Borrowers, Consolidated EBIT shall be at least 250300% of the Annualized Consolidated Interest Expense for the period of four consecutive fiscal quarters then ended.

Appears in 1 contract

Samples: Credit Agreement (Ameripath Inc)

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Consolidated Interest Expense. On the last day of each fiscal ----------------------------- quarter of the BorrowersBorrower, Consolidated EBIT shall be at least 250% of the Annualized Interest Expense EBITDA for the period of four consecutive fiscal quarters then endedending shall be at least 250% of the Consolidated Interest Expense for such period.

Appears in 1 contract

Samples: Credit Agreement (Ameripath Inc)

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