Fixed Charge Coverage. The ratio of Consolidated EBIT to Consolidated Interest Expense will not, for any period of four consecutive fiscal quarters, be less than 2.5 to 1.
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Samples: Parent Guarantee Agreement (Tyco International LTD /Ber/), 364 Day Revolving Credit Agreement (Tyco International LTD /Ber/), Credit Agreement (Tyco International LTD)
Fixed Charge Coverage. The ratio of Consolidated EBIT to Consolidated Interest Expense will not, for any period of four consecutive fiscal quarters, be less than 2.5 1.15 to 1.
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