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 3.0:1.0.
Appears in 2 contracts
Samples: Credit Agreement (Gerdau Ameristeel Corp), Security 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 3.0:1.0.. Section 8.15
Appears in 1 contract
Samples: Senior Export and Working Capital Facility Agreement
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 3.0:1.0.
Appears in 1 contract
