Common use of EBITDA to Interest Expense Ratio Clause in Contracts

EBITDA to Interest Expense Ratio. Gerdau shall not permit the ratio of Minimum EBITDA to Interest Expense calculated for any period of four consecutive fiscal quarters ending on each Date of Determination to be less than 3.0:

Appears in 1 contract

Samples: Senior Export and Working Capital Facility Agreement

AutoNDA by SimpleDocs

EBITDA to Interest Expense Ratio. Gerdau shall not permit the ratio of Minimum EBITDA to Interest Expense calculated for any period of four consecutive fiscal quarters ending on each Date of Determination to be less than 3.0:3.0:1.0.

Appears in 1 contract

Samples: Senior Export and Working Capital Facility Agreement (Gerdau Ameristeel Corp)

EBITDA to Interest Expense Ratio. Gerdau shall not permit the ratio of Minimum EBITDA to Interest Expense calculated for any period of four consecutive fiscal quarters ending on each Date of Determination to be less than 3.0:3.0:1.0.

Appears in 1 contract

Samples: Credit Agreement (Gerdau Ameristeel Corp)

AutoNDA by SimpleDocs

EBITDA to Interest Expense Ratio. Gerdau shall not permit the ratio of Minimum EBITDA to Interest Expense calculated for any period of four consecutive fiscal quarters ending on each Date of Determination to be less than 3.0:3.0:1.

Appears in 1 contract

Samples: Senior Export and Working Capital Facility Agreement (Gerdau Ameristeel Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!