EBIT to Interest Expense Ratio. The Company's ratio of Consolidated EBIT for the preceding four fiscal quarters to Consolidated Interest Expense for the preceding four fiscal quarters shall not be less than 2.50 to 1.00, tested at end of each fiscal quarter.
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Samples: Credit Agreement (Macdermid Inc), Credit Agreement (Macdermid Inc)
EBIT to Interest Expense Ratio. The Company's ratio of Consolidated EBIT for the preceding four fiscal quarters to Consolidated Interest Expense for the preceding four fiscal quarters shall not be less than 2.50 to 1.00, tested at end of each fiscal quarter.
Appears in 1 contract
EBIT to Interest Expense Ratio. The Company's <393> ratio of Consolidated EBIT for the preceding four fiscal quarters to Consolidated Interest Expense for the preceding four fiscal quarters shall not be less than 2.50 to 1.00, tested at end of each fiscal quarter.
Appears in 1 contract
