Common use of Interest Charge Coverage Ratio Clause in Contracts

Interest Charge Coverage Ratio. Permit the Interest Charge Coverage Ratio as of the last day of any period of four consecutive fiscal quarters ending on a date set forth below to be less than the corresponding ratio set forth below: Fiscal quarter ending Ratio December 31, 2017 3.17:1.00 March 31, 2018 3.43:1.00 June 30, 2018 3.69:1.00 September 30, 2018 3.94:1.00 December 31, 2018 4.19:1.00 March 31, 2019 3.95:1.00 June 30, 2019 3.76:1.00

Interest Charge Coverage Ratio. Permit the Interest Charge Coverage Ratio as of the last day of any Fiscal Quarter ending during a period of four consecutive fiscal quarters ending on a date set forth below to be less than the corresponding ratio set forth belowbelow opposite that period: Fiscal quarter ending Period Minimum Interest Charge Coverage Ratio December 31, 2017 3.17:1.00 2007 through December 31, 2008 1.10:1.00 March 31, 2018 3.43:1.00 2009 through June 30, 2018 3.69:1.00 2010 1.15:1.00 September 30, 2018 3.94:1.00 December 31, 2018 4.19:1.00 March 31, 2019 3.95:1.00 2010 through June 30, 2019 3.76:1.002012 1.20:1.00 September 30, 2012 and thereafter 1.25:1.00.”

Interest Charge Coverage Ratio. Permit the Interest Charge Coverage Ratio as of the last day of any Fiscal Quarter ending during a period of four consecutive fiscal quarters ending on a date set forth below to be less than the corresponding ratio set forth belowbelow opposite that period: Fiscal quarter ending Period Minimum Interest Charge Coverage Ratio Closing Date through and including December 31, 2017 3.17:1.00 2008 1.75:1.00 March 31, 2018 3.43:1.00 June 30, 2018 3.69:1.00 September 30, 2018 3.94:1.00 2009 through and including December 31, 2018 4.19:1.00 2010 2.00:1.00 March 31, 2019 3.95:1.00 June 302011 through and including December 31, 2019 3.76:1.002011 2.25:1.00 March 31, 2012 and thereafter 2.50:1.00