Common use of Debt Coverage Clause in Contracts

Debt Coverage. Consolidated Debt of the Company and its Consolidated Subsidiaries as of the last day of any fiscal quarter of the Company will not exceed 375% of Consolidated EBITDA for the four consecutive fiscal quarters of the Company ending on such date.

Appears in 3 contracts

Samples: Credit Agreement (U S West Communications Inc), Credit Agreement (Qwest Communications International Inc), Credit Agreement (U S West Inc /De/)

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Debt Coverage. Consolidated Debt of the Company and its Consolidated Subsidiaries as of the last day of any fiscal quarter of the Company will not exceed 375400% of Consolidated EBITDA for the four consecutive fiscal quarters of the Company ending on such date.

Appears in 2 contracts

Samples: Credit Agreement (U S West Communications Inc), Credit Agreement (U S West Inc /De/)

Debt Coverage. Consolidated Debt of the Company and its Consolidated Subsidiaries as of the last day of any fiscal quarter of the Company will not exceed 375% (i) prior to the Reset Date, 350%, and (ii) on and after the Reset Date, 400%, of Consolidated EBITDA for the four consecutive fiscal quarters of the Company ending on such date.

Appears in 2 contracts

Samples: Credit Agreement (U S West Inc /De/), U S West Inc /De/

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Debt Coverage. 14. Consolidated Debt of the Company and its Consolidated Subsidiaries as of the last day of any fiscal quarter of the Company will not exceed 375600% of Consolidated Company EBITDA for the four consecutive fiscal quarters of the Company ending on such date.

Appears in 1 contract

Samples: Credit Agreement (Qwest Communications International Inc)

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