EBITDA to Total Net Interest Costs. The ratio of EBITDA to Total Net Interest Costs at each Calculation Date shall not be less than the ratio set out next to the relevant Calculation Date in the table below: EBITDA to Total Net Interest Costs 2014 2015 2016 2017 2018 2019 2020 2021 30 June — 2.75:1.00 2.75:1.00 3.00:1.00 3.00:1.00 3.00:1.00 3.00:1.00 3.00:1.00 30 September — 2.75:1.00 2.75:1.00 3.00:1.00 3.00:1.00 3.00:1.00 3.00:1.00 — 31 December 2.75:100 2.75:1.00 3.00:1.00 3.00:1.00 3.00:1.00 3.00:1.00 3.00:1.00 —
Appears in 2 contracts
Samples: Gtech Senior Facilities Agreement (International Game Technology PLC), Gtech Senior Facilities Agreement (International Game Technology PLC)
EBITDA to Total Net Interest Costs. The ratio of EBITDA to Total Net Interest Costs at each Calculation Date shall not be less than the ratio set out next to the relevant Calculation Date in the table below: EBITDA to Total Net Interest Costs 2014 2015 2016 2017 2018 2019 2020 2021 30 March — 2.75:1.00 2.75:1.00 3.00:1.00 3.00:1.00 3.00:1.00 June — 2.75:1.00 2.75:1.00 3.00:1.00 3.00:1.00 3.00:1.00 3.00:1.00 3.00:1.00 30 September — 2.75:1.00 2.75:1.00 3.00:1.00 3.00:1.00 3.00:1.00 3.00:1.00 — 31 December 2.75:100 2.75:1.00 3.00:1.00 3.00:1.00 3.00:1.00 3.00:1.00 3.00:1.00 —3.00:1.00
Appears in 1 contract
Samples: Gtech Senior Facilities Agreement (International Game Technology PLC)
EBITDA to Total Net Interest Costs. The ratio of EBITDA to Total Net Interest Costs at each Calculation Date shall not be less than the ratio set out next to the relevant Calculation Date in the table below: EBITDA to Total Net Interest Costs 2014 2015 2016 2017 2018 2019 2020 2021 30 June — March 2.75:1.00 2.75:1.00 3.00:1.00 3.00:1.00 3.00:1.00 3.00:1.00 3.00:1.00 30 September — June 2.75:1.00 2.75:1.00 3.00:1.00 3.00:1.00 3.00:1.00 3.00:1.00 — 31 December 2.75:100 September 2.75:1.00 2.75:1.00 3.00:1.00 3.00:1.00 3.00:1.00 December 2.75:1.00 3.00:1.00 3.00:1.00 —3.00:1.00 3.00:1.00
Appears in 1 contract
Samples: Gtech Senior Facilities Agreement (International Game Technology PLC)
EBITDA to Total Net Interest Costs. The ratio of EBITDA to Total Net Interest Costs at each Calculation Date shall not be less than the ratio set out next to the relevant Calculation Date in the table below: EBITDA to Total Net Interest Costs 2014 2015 2016 2017 2018 2019 2020 2021 30 June — 2.75:1.00 2.75:1.00 2022 31 March - 3.00:1.00 3.00:1.00 3.00:1.00 N/A 3.00:1.00 30 June 3.00:1.00 3.00:1.00 3.00:1.00 N/A N/A 3.00:1.00 30 September — 2.75:1.00 2.75:1.00 3.00:1.00 3.00:1.00 3.00:1.00 N/A 3.00:1.00 — 3.00:1.00 31 December 2.75:100 2.75:1.00 3.00:1.00 3.00:1.00 3.00:1.00 N/A 3.00:1.00 3.00:1.00 —3.00:1.00
Appears in 1 contract
Samples: International Game Technology PLC
